Glaxosmithkline Share News (GSK)

Next week is set to be an extremely busy week, looking at the corporate and economic calendar from home and abroad.Third-quarter UK corporate earnings season really gets into full swing with some heavyweight Footsie constituents scheduled to report, including GlaxoSmithKline, Shell, Smith & Nephew, Royal Bank of Scotland (RBS) and Lloyds.On Thursday, Lloyds is expected to report an 'underlying' pre-tax profit of £580m in the third quarter and a 'management' pre-tax profit of £933m (which includes around £350m of 'fair value unwind'), according to Credit Suisse.In a research report on October 23rd, the broker said that it had not included any further provisions in its forecasts for Payment Protection Insurance (PPI) claims. "Having taken a total of £4.3bn PPI charge so far, the implied charge following Barclays announcement could be up to c£1.5bn." As for RBS, Nomura says that the things to watch out for in its third-quarter statement on Friday include: an improvement in core trends, particularly in NIMs (net interest margins); stable revenues in GBM (Global Banking and Markets); muted improvement in asset quality; and £350 in PPI provisions.Election fever is set to ignite across the Pond ahead of the US presidential elections the week after. All eyes will be on the final reading of the US jobs report on Friday November 2nd which could provide a major catalyst for votes for either Barack Obama or Mitt Romney, depending on the outcome.Analysts at Investec said: "Over recent days the race for the White House has become much closer, with President Obama appearing to lose ground across the crucial swing states knocking his chances of winning the electoral college vote and therefore his chances of retaining the keys to the White House. "The outcome of the Presidential and Congressional vote on November 6th will be key in shaping market confidence over the ease through which US lawmakers will succeed in dealing in a balanced way with the fiscal cliff and in raising the debt ceiling."The following weekend (November 4-5th) will see the G20 finance ministers and central bank governors meet in Mexico. "So far we have little detail on what this meeting will cover, beyond a round-up on the state of play with the Euro crisis and outlook for the global economy," Investec said.Monday October 29INTERIMSGreat Eastern Energy Corp Ltd. GDRINTERNATIONAL ECONOMIC ANNOUNCEMENTSPersonal Consumption Expenditures (US) (13:30)Personal Income (US) (13:30)Personal Spending (US) (13:30)GMSXCAP SecuritiesANNUAL REPORTStellar DiamondsIMSSGem Diamonds Ltd. (DI), Perform GroupEGMSICB Financial Group Holdings (CDI), Wood Group (John)AGMSCeramic Fuel Cells Ltd., City of London Inv Trust, Parallel Media GroupUK ECONOMIC ANNOUNCEMENTSM4 Money Supply (estimate) (09:30)M4 Sterling Lending (estimate) (09:30)Mortgage Approvals (09:30)Trends in Lending (09:30)Tuesday October 30INTERIM DIVIDEND PAYMENT DATEAshley (Laura) Holding, Smith & NephewINTERIM EX-DIVIDEND DATEOctopus AIM VCTQUARTERLY PAYMENT DATEDow Chemical CoINTERNATIONAL ECONOMIC ANNOUNCEMENTSBusiness Climate Indicator (EU) (10:00)Consumer Confidence (US) (15:00)Economic Sentiment Indicator (EU) (10:00)PMI Retail (EU) (09:00)PMI Retail (GER) (08:55)Unemployment Rate (GER) (08:55)Q3Bank Millennium SA, BP, Erste Group Bank AG, Eurasia Drilling Co Ltd GDR (Reg S), Eurasia Drilling Co Ltd GDR (Reg S), Hrvatske Telekom D.D GDR (Reg S), Wolfson Microelectronics, Yamana Gold Inc.FINALSImperial Tobacco Group, Redefine InternationalEGMSNational Bank of Greece ADRAGMSMarwyn Value Investors Ltd., Mirada, Surface TransformsUK ECONOMIC ANNOUNCEMENTSCBI Distributive Trades Surveys (11:00)FINAL DIVIDEND PAYMENT DATEProduce InvestmentWednesday October 31INTERIMSVolexINTERIM DIVIDEND PAYMENT DATEAmiad Water Systems Ltd, Foresight Solar VCT, Wynnstay GroupINTERIM EX-DIVIDEND DATEAPR Energy, Bloomsbury Publishing, Booker Group, C&C Group, Development Securities, Downing Planned Exit VCT 2 'C' Shares, Downing Planned Exit VCT 2 'D' Shares , Downing Planned Exit VCT 2 'F' Shares, Downing Planned Exit VCT 2011 (General Shares), Downing Planned Exit VCT 2011 (Low Carbon Shares), Downing Planned Exit VCT 2011 (Structured Shares), Downing Planned Exit VCT 3 'C' Shares, Downing Planned Exit VCT 3 'D' Shares , Downing Planned Exit VCT 3 F Shares, Hargreave Hale AIM VCT 2, Hilton Food Group, Howden Joinery Group, Intertek Group, ITV, Laird, Lombard Risk Management, Lookers, M&C Saatchi, Moss Bros Group, Provident Financial, RestoreQUARTERLY PAYMENT DATEF&C Commercial Property Trust Ltd., JP Morgan Chase & Co, Middlefield Canadian Income PCC, Schroder Income Growth FundQUARTERLY EX-DIVIDEND DATEJPMorgan Claverhouse Inv TrustINTERNATIONAL ECONOMIC ANNOUNCEMENTSChicago PMI (US) (13:45)Crude Oil Inventories (US) (15:30)GFK Consumer Confidence (GER) (07:00)International Reserves (EU) (11:00)MBA Mortgage Applications (US) (12:00)Retail Sales (GER) (07:00)Q3First Quantum Minerals Ltd., GlaxoSmithKlineFINALSNeos Resources, TracsisANNUAL REPORTAquarius Platinum Ltd.IMSSAegis Group, Barclays, Logica, Mondi, Next, Phoenix Group Holdings (DI), St James's Place, Standard LifeSPECIAL EX-DIVIDEND PAYMENT DATEIndigoVision GroupEGMSOSJC Center for Cargo Container Traffic Transcontainer GDR (Reg S)AGMSAshmore Group, Carpathian, Coburg Group, Greenko Group, Ideagen, Pacific Horizon Inv Trust, TricorFINAL DIVIDEND PAYMENT DATEAbbey, Alumasc Group, Haynes Publishing Group, Rank GroupFINAL EX-DIVIDEND DATEAbcam, AIREA, Allocate Software, El Oro Ltd, Go-Ahead Group, IndigoVision Group, JPMorgan Global Markets Emerging Income TrustThursday November 01INTERIMSBT GroupINTERIM DIVIDEND PAYMENT DATEDerwent London, Fisher (James) & Sons, Keller Group, TT ElectronicsQUARTERLY PAYMENT DATEMercantile Investment Trust (The), Torchmark Corp., Verizon CommunicationsINTERNATIONAL ECONOMIC ANNOUNCEMENTSAuto Sales (US) (15:00)Construction Spending (US) (15:00)ISM Manufacturing (US) (15:00)ISM Prices Paid (US) (15:00)Productivity (US) (13:30)Q2BT GroupQ3Avocet Mining, BG Group, Reed Elsevier, Royal Dutch Shell 'A', Royal Dutch Shell 'B', Smith & NephewIMSSGlencore International, International Power, Legal & General Group, Lloyds Banking GroupAGMSBritish Sky Broadcasting Group, Pochin's, Strategic Equity Capital, Webis HoldingsFINAL DIVIDEND PAYMENT DATESmith (DS)Q1British Sky Broadcasting GroupFriday November 02INTERIM DIVIDEND PAYMENT DATEAdvanced Medical Solutions Group, BBA Aviation, Brammer, F&C Private Equity Trust, GVC Holdings, Judges Scientific, Motivcom, New Britain Palm Oil Ltd. (DI), Tandem Group, Weir GroupQUARTERLY PAYMENT DATEInvestors Capital Trust 'A' SharesINTERNATIONAL ECONOMIC ANNOUNCEMENTSFactory Orders (US) (15:00)Goods Orders (US) (15:00)Non-Farm Payrolls (US) (13:30)PMI Manufacturing (GER) (08:55)Unemployment Rate (US) (13:30)Q3Millennium & Copthorne HotelsGMSStellar ResourcesIMSSAdmiral Group, Direct Line Insurance Group, Meggitt, Royal Bank of Scotland GroupAGMSGenesis Emerging Markets Fund Ltd., Rare Earth Minerals FINAL DIVIDEND PAYMENT DATEPacific Horizon Inv Trust, Zetar