ShareCast News

Next week looks like a busy week for corporate trading statements and results, as blue chips begin to update the market on their performance at the interim stage, including FTSE 100 peers Hammerson, ARM Holdings and AstraZeneca.

Retail-focused real estate investment trust (REIT) Hammerson is expected to release a statement on Monday. Peel Hunt has said that while the UK UPD shopping centre index has fallen 1.6% in the first five months of 2012, Hammerson is expected to outperform - "achieving anything above 0% would be a positive here".

"Any small decline could well be offset by French retail and further gains at the Marseille development. Overall, we expect broadly unchanged net asset value and earnings per share," the broker said.

On Wednesday, heavyweight chip designer ARM Holdings will update investors with its second-quarter trading. Since mid-April, the stock has stopped around from 600p to below 500p.

Jefferies said in a statement earlier this month: "Its perhaps not a dearth of new news in the name that's limiting upside - we think instead the market is concerned on 2Q royalties (weak guide) and order cuts in the channel for some handset makers (mainly RIM, Nokia; some at others like Samsung, Hua, HTC and ZTE) into 3Q12." The broker expects a $205m top-line with royalties accounting for $104m an licensing $76m.

Pharmaceuticals group AstraZeneca will release its second-quarter statement on Thursday. Consensus estimates are for $6,800m of sales and earnings per share (EPS) of $1.40 in the three-month period.

"Further cost cutting should support the near-term dividend, however we see a risk of EPS downgrades as AZN diverts money from share buybacks to pay for assets to refill the sales line," said analysts at Credit Suisse last week.



Monday July 23

INTERIMS

Dialight, Domino's Pizza Group, Hammerson, Microgen, XP Power Ltd. (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence Indicator (EU) (10:00)

ANNUAL REPORT

Top Creation Investments Ltd

IMSS

Volex

AGMS

Aurum Mining, Bloomsbury Publishing, Eco City Vehicles, Ensor Holdings, MobilityOne Ltd., Noventa Ltd, Pan Pacific Aggregates, Polar Capital Holdings, SerVision

TRADING ANNOUNCEMENTS

Dragon Oil

FINAL DIVIDEND PAYMENT DATE

Air China Ltd., Metric Property Investments , Wynnstay Properties

Tuesday July 24

INTERIMS

APR Energy, Croda International, CSR, International Personal Finance, Man Group, Norsk Hydro ASA, OJSC Magnit GDR (Reg S), Provident Financial

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

BBA Mortgage Lending Figures (09:30)

House Price Index (US) (15:00)

Q2

CSR, Norsk Hydro ASA, Virgin Media Inc.

FINALS

PZ Cussons

ANNUAL REPORT

Vertu Motors

IMSS

Carpetright, Daily Mail and General Trust A (Non.V), Great Portland Estates, Halma, Sage Group

AGMS

Aberdeen All Asia Inv Trust, Aqua Bounty Technologies Inc. (Reg S), Downing Planned Exit VCT 3, Downing Planned Exit VCT 3 'A' Shares, Downing Planned Exit VCT 3 'C' Shares, Downing Planned Exit VCT 3 'D' Shares , Downing Planned Exit VCT 3 'E' Shares , Downing Planned Exit VCT 3 F Shares, Fidelity China Special Situations , Halma, Helical Bar, New World Oil And Gas, Scapa Group, Tau Capital, TR Property Inv Trust, TR Property Inv Trust Sigma Shares, Ventus 2 VCT, Ventus 2 VCT 'C' Shares, Ventus VCT, Ventus VCT 'C' Shares, Vertu Motors, Vodafone Group

TRADING ANNOUNCEMENTS

APR Energy, Kofax

FINAL DIVIDEND PAYMENT DATE

Fuller Smith & Turner

Wednesday July 25

INTERIMS

ARM Holdings, British American Tobacco, Capita, GlaxoSmithKline, Informa, Lancashire Holdings, Mecom Group, Morgan Crucible Co, Synectics, Tarsus Group, Telekomunikacja Polska S.A GDR (Reg S), Torchmark Corp., Tullow Oil

INTERIM EX-DIVIDEND DATE

Arden Partners, Blackrock Income And Growth Investment Trust, Fenner, Throgmorton Trust

QUARTERLY PAYMENT DATE

Assura Group Ltd., Molex Inc., Molex Inc. 'A' Shares

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

MBA Mortgage Applications (US) (12:00)

New Homes Sales (US) (15:00)

Q2

ARM Holdings, GlaxoSmithKline, Lancashire Holdings, Lilly (Eli) & Co, Torchmark Corp.

FINALS

Renishaw

IMSS

Brewin Dolphin Holdings, easyJet

AGMS

Caledonia Investments, FirstGroup, Great Western Mining Corporation, HICL Infrastructure Company Ltd, Hogg Robinson Group, Johnson Matthey, Oryx International Growth Fund Ltd., red24, Rensburg AIM VCT, Taihua, Totally, Tri-Star Resources , TyraTech Inc. (Reg S), Zoltav Resources Inc

TRADING ANNOUNCEMENTS

Petropavlovsk

UK ECONOMIC ANNOUNCEMENTS

CBI Industrial Trends Surveys (11:00)

GDP (Preliminary) (09:30)

Index of Services (09:30)

FINAL DIVIDEND PAYMENT DATE

Braemar Shipping Services, Templeton Emerging Markets Inv Trust

FINAL EX-DIVIDEND DATE

Atkins (WS), Coral Products, Henderson Private Equity Inv Trust, IBIS Media VCT 1, Investec, London Stock Exchange Group, Puma VCT V, SSE, Volex

Q1

Yell Group

Thursday July 26

INTERIMS

Arbuthnot Banking Group, Arnoldo Mondadori Editore SPA, AstraZeneca, BG Group, Capital Shopping Centres Group, Centrica, Communisis, Hongkong Land Holding Ltd. (Singapore), Hrvatske Telekom D.D GDR (Reg S), Intertek Group, ITV, Lloyds Banking Group, Mandarin Oriental International (Singapore), National Express Group, Nichols, Petroleum Geo Services ASA, Promethean World, Rathbone Brothers, Reed Elsevier, Rolls-Royce Holdings, Royal Dutch Shell 'A', Royal Dutch Shell 'B', Secure Trust Bank, St James's Place, Unilever

QUARTERLY PAYMENT DATE

Land Securities Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Bloomberg Consumer Confidence (US) (14:45)

Continuing Claims (US) (13:30)

Durable Goods Orders (US) (13:30)

Initial Jobless Claims (US) (13:30)

M3 Money Supply (EU) (09:00)

Pending Homes Sales (US) (15:00)

Q2

AstraZeneca, BG Group, Petroleum Geo Services ASA, Royal Dutch Shell 'A', Royal Dutch Shell 'B', Unilever

Q4

British Sky Broadcasting Group

FINALS

British Sky Broadcasting Group

ANNUAL REPORT

Stellar Resources

IMSS

Compass Group, Invensys, Investec, QinetiQ Group, Tate & Lyle, Workspace Group

EGMS

Zhejiang Southeast Electric Power Co Ltd. GDR (Reg S)

AGMS

Caffyns, Connemara Mining Co, De La Rue, Dee Valley Group, Dee Valley Group (Non-Voting), F&C Global Smaller Companies, Hornby, Mentum Inc., Naibu Global International Company, Octopus Apollo VCT 3, Octopus Eclipse VCT 2, Pennon Group, Personal Assets Trust, Phoenix IT Group, QinetiQ Group, Record, RENN Universal Growth Investment Trust, RIT Capital Partners, SABMiller, Sirius Petroleum, SSE, Stellar Resources, Synergy Health, Tate & Lyle, Volex, Wincanton, Workspace Group, Yell Group, Zanaga Iron Ore Co. Ltd (DI)

TRADING ANNOUNCEMENTS

SABMiller

FINAL DIVIDEND PAYMENT DATE

Caffyns, DCC, HaiKe Chemical Group Ltd. (DI), Helical Bar, Martin Currie Pacific Trust, MDM Engineering Group Ltd. (DI), Octopus AIM VCT, Octopus Apollo VCT 1, Octopus Apollo VCT 2, Petropavlovsk

Friday July 27

INTERIMS

Anglo American, Barclays, Jardine Matheson Holdings Ltd (Singapore), Pearson, Travis Perkins

INTERIM DIVIDEND PAYMENT DATE

Character Group, Dunedin Smaller Companies Inv Trust, Gooch & Housego, Jupiter Green Inv Trust, Octopus Titan VCT 1, Octopus Titan VCT 2, Octopus Titan VCT 3, Paragon Group Of Companies, Zytronic

QUARTERLY PAYMENT DATE

Real Estate Credit Investments PCC Ltd

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Payments (GER) (07:00)

GDP (Advance) (US) (13:30)

U. of Michigan Confidence (Final) (US) (15:00)

Q2

Samsung Electronics Co Ltd (ATT) GDR (Reg S)

IMSS

United Utilities Group

SPECIAL DIVIDEND PAYMENT DATE

Severn Trent

EGMS

Vietnam Infrastructure Ltd.

AGMS

Bellzone Mining, Camco International LTd., Clontarf Energy , Coms, Ormonde Mining, PayPoint, PayPoint, Plastics Capital, Richland Resources Ltd, TalkTalk Telecom Group , United Utilities Group

FINAL DIVIDEND PAYMENT DATE

Aberdeen All Asia Inv Trust, Acal, Anpario, Aveva Group, Brown (N.) Group, Downing Planned Exit VCT 2 'C' Shares, Downing Planned Exit VCT 2 'D' Shares , Downing Planned Exit VCT 3 'C' Shares, Downing Planned Exit VCT 3 'D' Shares , KCOM Group, Lombard Risk Management, Montanaro European Smaller Companies Trust, Phaunos Timber Fund Ltd., Printing.com, Severn Trent, UK Mail Group , Vertu Motors, Walker Crips Group