ShareCast News

Financial journalists everywhere are likely to be thankful that next week is set to be quieter on the corporate front than the one just gone; however, there are still a few heavy hitters scheduled to report results, including Vodafone and Sainsbury.

Interim figures from mobile phone and telecoms giant Vodafone are due out on Tuesday morning, and the market will be looking out for signs of how the "macroeconomic and competitive pressures in southern Europe" - as highlighted in the first-quarter trading update - have affected revenue.

Organic service revenues were up just 0.6% in the first three months of the year.

Jefferies expects Vodafone to report a 0.6% decline in revenues in the second quarter, saying that results "are likely to continue the recent theme of weakening service revenue trends".

The broker added: "Vodafone faces new headwinds in 2H. In preparation, we believe management should proactively rebalance margin/FCF expectations next week."

Meanwhile, supermarket giant Sainsbury is also expected to report its half-year results on Wednesday with all eyes on the bottom line.

Seymour Pierce is forecasting a 4.4% increase in first-half pre-tax profit to £370m and an interim dividend of 4.8p per share, up 6.6% year-on-year.

Revenue growth was already reported in last month's trading update, as the firm confirmed that like-for-like sales growth accelerated from 1.4% in the first quarter to 1.9% in the second. Total sales were up 4% in the first six months.

Seymour analyst Kate Clavert said: "The market will be interested in any comments on the current competitive nature of the market and the outlook for inflation which is expected to pick up. Recent market share data suggests that Sainsbury continues to outperform the industry."



Monday November 12

INTERIMS

Aveva Group, Entertainment One Ltd. (DI), Latchways, Printing.com, Wincanton

INTERIM DIVIDEND PAYMENT DATE

Travis Perkins

QUARTERLY PAYMENT DATE

Merchants Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Harmonised Competitiveness Indicators (EU) (09:00)

Q3

Telecom Egypt SAE GDS (Regs)

GMS

Gold Oil

FINALS

Lonmin

IMSS

Catlin Group Ltd., Cobham, Dignity, Gem Diamonds Ltd. (DI), Interserve, Taylor Wimpey

EGMS

Queenco Leisure International Ltd. GDR (Reg S)

AGMS

JPMorgan Emerging Markets Inv Trust, Redrow

Tuesday November 13

INTERIMS

Hibu, HML Holdings, Norcros, Oxford Instruments, Synergy Health, TalkTalk Telecom Group , Trifast, Vodafone Group, Workspace Group

QUARTERLY EX-DIVIDEND DATE

Lilly (Eli) & Co

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

ABC Consumer Confidence (US) (22:00)

Treasury Budget Statement (US) (19:00)

ZEW Survey (EU) (10:00)

ZEW Survey (GER) (10:00)

Q3

Arnoldo Mondadori Editore SPA, Bank Pekao SA GDS (Reg S)

GMS

Creat Resources Holdings Ltd. (DI)

IMSS

Afren, Cineworld Group, CRH, Drax Group, Persimmon

AGMS

Crown Place VCT, Global Petroleum Ltd., Wolf Minerals Limited

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index  (09:30)

Producer Price Index  (09:30)

Retail Price Index (09:30)

Wednesday November 14

INTERIMS

Blinkx, Great Portland Estates, ICAP, Sainsbury (J), Speedy Hire, SSE

INTERIM DIVIDEND PAYMENT DATE

Centrica, Scisys, Standard Life

INTERIM EX-DIVIDEND DATE

Braemar Shipping Services, Cable & Wireless Communications, Charles Stanley Group, DCC, First Derivatives, Home Retail Group, Marks & Spencer Group, Panther Securities, Wynnstay Properties

QUARTERLY EX-DIVIDEND DATE

F&C Commercial Property Trust Ltd., GlaxoSmithKline, Henderson International Income Trust, M Winkworth, MedicX Fund Ltd., Royal Dutch Shell 'A', Royal Dutch Shell 'B'

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Inventories (US) (13:30)

FOMC Interest Rate Minutes (US) (19:00)

Industrial Production (EU) (10:00)

Manufacturing Inventories (US) (15:00)

MBA Mortgage Applications (US) (12:00)

Producer Price Index (US) (13:30)

Retail Sales (US) (13:45)

Retail Sales Inventories (US) (15:15)

Q3

Elringklinger AG, New Europe Property Investments, New World Resources A Shares

IMSS

Cape, Kier Group, Serco Group, SIG, Tullow Oil

SPECIAL EX-DIVIDEND PAYMENT DATE

Ryanair Holdings

EGMS

Dragon-Ukrainian Properties & Development, VietNam Holding Ltd

AGMS

Alternative Asset Opportunities PCC Ltd Red Ptg Prf Shs, Barratt Developments, Centaur Media, Henderson EuroTrust, IRP Property Investments Ltd., Oilex Ltd., Qatar Investment Fund

TRADING ANNOUNCEMENTS

Safestore Holdings

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (09:30)

BoE Inflation Report (09:30)

Claimant Count Rate (09:30)

Unemployment Rate (09:30)

FINAL EX-DIVIDEND DATE

Air Partner, Downing Absolute Income VCT 1, Downing Absolute Income VCT 1 'C' Shares , Edinburgh Dragon Trust, Fidelity Special Values, Henderson Fledgling Trust , Inland Homes, JPMorgan Smaller Companies Inv Trust, Lok'n Store Group, Petmin Ltd. (DI), Tristel, World Careers Network

Thursday November 15

INTERIMS

3i Group, Atkins (WS), Invensys, Investec, National Grid, Opsec Security Group

INTERIM DIVIDEND PAYMENT DATE

Cenkos Securities, Sagicor Financial Corp., Tullett Prebon

QUARTERLY PAYMENT DATE

Abbott Laboratories, Marsh & Mclennan Cos Inc.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Bloomberg Consumer Confidence (US) (14:45)

Consumer Price Index (EU) (10:00)

Consumer Price Index (US) (13:30)

Continuing Claims (US) (13:30)

Crude Oil Inventories (US) (15:30)

ECB Report (EU) (09:00)

GDP (Flash Estimate) (EU) (10:00)

Gross Domestic Product (GER) (07:00)

Harmonised Index of Consumer Prices (EU) (10:00)

Initial Jobless Claims (US) (13:30)

Philadelphia Fed Index (US) (15:00)

Wholesale Price Index (GER) (07:00)

Q3

Caledonia Mining Corp., MHP SA GDR (Reg S)

GMS

Hellenic Telecom Industries SA ADS, Rugby Estates, Verdes Management

FINALS

Euromoney Institutional Investor

IMSS

Alpha UK Multi Property Trust, Amlin, BBA Aviation, Centrica, Derwent London, Hill & Smith Holdings, Keller Group, Premier Oil, Resolution Ltd., Rexam, Ted Baker, Unite Group, UTV Media

AGMS

Armor Designs Inc. (DI), El Oro Ltd, Kier Group, Medusa Mining Ltd. (DI), Red Emperor Resources NL (DI), Ricardo, Swallowfield

UK ECONOMIC ANNOUNCEMENTS

Internet Retail Sales (09:30)

Retail Sales (09:30)

FINAL DIVIDEND PAYMENT DATE

Quayle Munro Holdings

Friday November 16

INTERIMS

London Stock Exchange Group, Record

INTERIM DIVIDEND PAYMENT DATE

Aviva, British Polythene Industries, Hunting, Intertek Group, Kerry Group 'A' Shares, Kingfisher, Lombard Risk Management, M&C Saatchi, Octopus Apollo VCT, S & U, Zhejiang Expressway Co 'H' Shares

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (EU) (10:00)

Capacity Utilisation (US) (16:15)

Current Account (EU) (09:00)

Industrial Production (US) (16:15)

New Car Registrations (EU) (10:00)

GMS

Tangiers Petroleum Ltd (DI)

IMSS

Amec, Clarke (T.), Paddy Power, Rotork, Ultra Electronics Holdings

SPECIAL DIVIDEND PAYMENT DATE

Octopus Eclipse VCT 1, Octopus Eclipse VCT 2, Octopus Eclipse VCT 3, Octopus Eclipse VCT 4

AGMS

Albemarle & Bond Holdings, Allergy Therapeutics, Cash Converters International Ltd, Dunelm Group, Matchtech Group, Nyota Minerals Ltd., Ultimate Finance Group

FINAL DIVIDEND PAYMENT DATE

Animalcare Group, British Sky Broadcasting Group, Galliford Try, Go-Ahead Group, Goldplat, Hays, Strategic Equity Capital, Wilmington Group