The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLAD.L Share News (LAD)

  • There is currently no data for LAD

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Week ahead: Data rumbles due to disturb City's summer quiet

Fri, 07th Aug 2015 13:16

(ShareCast News) - The corporate results season has past its peak and tails off as summer holidays empty out the City, but the week ahead is due to see some big financial news nonetheless, including Eurozone second quarter GDP, a UK labour market update, with US retail sales and industrial production data.Eurozone second quarter GDP figures are due, with many economists expecting economic recovery to slow as the giddily steep Greek downturn is joined by deceleration in Germany and France.Danske Bank took a more optimistic view and suggested: "In the euro area the GDP growth figure for Q2 should confirm that the recovery continued, but relying on stronger German activity, not weaker French activity."Euro-area survey indicators should give a first sign of improvement now that uncertainty has faded on the back of the Greek deal."ZEW's German sentiment survey for August will also be widely watched.In the UK, the main mover is most likely to be the labour market statistical update scheduled on Wednesday by the Office for National Statistics, coming after Tuesday's retail sales data and ahead of Friday's construction industry output. Last month's labour market data was mixed, with wages improving but unemployment up in the three months to May."[A continuation of this trend] could lead to hesitation in starting the monetary policy normalisation process," Markit's Kolodseike added.Across the Atlantic, the focus in the US will be on consumer spending, with the market looking for private consumption to improve and be the main driver of national growth."US PPI and import prices will provide insight about underlying price pressure on goods after the oil price decline in July," Danske Bank said.US retail sales are forecast to rebound and industrial production is expected to gain for just the second time this year.Corporate resultsAlthough quieter than it has been, second-quarter reporting season will still provide some thin news flow.During the next week, 40 constituents of the STOXX 600 and 16 S&P 500 companies in the US are due to publish results, though less than 10 of these blue chips are listed in London.After a quiet Monday, Tuesday's releases include Ladbroke's, which has already pre-released its interim results and so analysts expect some further colour on outlook and performance during the second quarter.Prudential is reporting its half-year interims after CEO Tidjane Thiam was poached by Credit Suisse, with a consensus forecast of £1.73bn operating profit.On Wednesday Balfour Beatty reports, having already warned in July that losses in the UK, Middle East and US construction business would result in a £130-150m pre-tax profit shortfall.Travel group Tui will provide an update on Thursday, notable for being the first time third quarter will be reported as a combined entity and more so as the first under the new reporting structure that was introduced at the time of the first-half results."We are particularly interested to hear management's comments on the potential profit impact from the tragic events in Tunisa at the end of June and the impact of the economic situation in Greece," said UBS. Other than these two events, underlying trading is expected to be strong, with tourism revenues of €4.27bn and total revenues of €4.97bn, up roughly 4% year on year, and underlying EBITA forecast to rise 6% to €173m.Another FTSE 100 giant UBS is keeping a watch on is Glencore, where a second-quarter production report is due on Wednesday. Copper production should be marginally up by 2% quarter on quarter at 357kt, 8% for zinc, nickel volume up 2%, coal down 7% and oil production up 1%, UBS said. Monday 10 August INTERIMSesure Group, Gresham ComputingINTERNATIONAL ECONOMIC ANNOUNCEMENTSHarmonised Competitiveness Indicators (EU) (09:00)Q2Telecom Egypt SAE GDS (Regs)GMSAmino TechnologiesAGMSProspect Japan Fund Ltd.Tuesday 11 August INTERIMSCard Factory, Johnston Press, Ladbrokes, Partnership Assurance Group, Prudential, Serco Group, SIG, SynthomerINTERNATIONAL ECONOMIC ANNOUNCEMENTSProductivity (US) (13:30)Wholesales Inventories (US) (15:00)ZEW Survey (EU) (10:00)ZEW Survey (GER) (10:00)UK ECONOMIC ANNOUNCEMENTSBRC Sales Monitor (00:01)FINALSHargreaves ServicesEGMSPME African Infrastructure Opportunities, Telecom Egypt SAE GDS (Regs)AGMSOptiBiotix Health, Real Estate Credit Investments PCC Ltd, Telecom Plus, Triad GroupWednesday 12 August INTERIMSBalfour Beatty, Capital & Regional, G4S, Interserve, Lookers, New Europe Property Investments, OJSC Magnitogorsk Iron & Steel Works GDR (Reg S), Sampo OYJ, TBC Bank Joint Stock Company GDR (REGS)TRADING ANNOUNCEMENTSVolution Group (WI)Q2OJSC Magnitogorsk Iron & Steel Works GDR (Reg S), TBC Bank Joint Stock Company GDR (REGS)INTERNATIONAL ECONOMIC ANNOUNCEMENTSCrude Oil Inventories (US) (15:30)Industrial Production (EU) (10:00)MBA Mortgage Applications (US) (12:00)Treasury Budget Statement (US) (15:00)UK ECONOMIC ANNOUNCEMENTSClaimant Count Rate (09:30)Unemployment Rate (09:30)GMSLMS Capital, Oilex Ltd.EGMSHICL Infrastructure Company Ltd, PJSC Novorossiysk Commercial Sea Port GDR (Reg S)AGMSAlpha Real Trust Ltd., Tata Steel Ltd GDR (Reg S), Yujin International Ltd. (DI)FINAL DIVIDEND PAYMENT DATEBabcock International Group, Charles Stanley Group, Invesco Asia Trust, Montanaro UK Smaller Companies Inv Trust, Speedy Hire, Vedanta ResourcesThursday 13 AugustINTERIMSBankers Petroleum Ltd.(CDI), Cineworld Group, Coca-Cola HBC AG (CDI), Derwent London, Ithaca Energy Inc. (DI), Michael Page International, Ophir Energy, Quarto Group Inc., X5 Retail Group NV GDR (Reg S) INTERNATIONAL ECONOMIC ANNOUNCEMENTSBusiness Inventories (US) (15:00)Consumer Price Index (GER) (07:00)Continuing Claims (US) (13:30)Import and Export Price Indexes (US) (13:30)Initial Jobless Claims (US) (13:30)Manufacturing Inventories (US) (15:00)Retail Sales (US) (13:30)Retail Sales Inventories (US) (15:00)UK ECONOMIC ANNOUNCEMENTSRICS Housing Market Survey (09:30)TRADING ANNOUNCEMENTSBankers Petroleum Ltd, Caledonia Mining Corporation, Grainger, Infinis Energy, Ithaca Energy Inc, Tui AG (UK), Zoopla Property Group (WI)AGMSDJI Holdings, John Laing Environmental Assets Group LimitedFINAL DIVIDEND PAYMENT DATEIS SolutionsFINAL EX-DIVIDEND DATEAshtead Group, BT Group, Diageo, Greene King, Hayward Tyler Group, Iomart Group, Latchways, Maven Income And Growth VCT 6 , New Century AIM VCT, Pets at Home Group , PZ Cussons, SeverfieldINTERIM EX-DIVIDEND DATE4Imprint Group, Aberdeen UK Tracker Trust, BG Group, Direct Line Insurance Group, Ferrexpo, Fevertree Drinks, Fresnillo, GKN, IMI, Informa, Keller Group, Kennedy Wilson Europe Real Estate , Law Debenture Corp., Legal & General Group, Lloyds Banking Group, LSL Property Services, Man Group, Merlin Entertainments , Millennium & Copthorne Hotels, Moneysupermarket.com Group, Pearson, Reckitt Benckiser Group, Rentokil Initial, Rio Tinto, RM, Schroders, Schroders (Non-Voting), Spirent Communications, Standard Chartered, VesuviusQUARTERLY EX-DIVIDEND DATEBlackrock North American Income Trust , Ediston Property Investment Company, GlaxoSmithKline, MedicX Fund Ltd., Picton Property Income Ltd, Royal Dutch Shell 'A', Royal Dutch Shell 'B'Friday 14 August INTERIMSAfarak Group (DI), Biofrontera AG (DI), Fondul Proprietatea S.A. GDR (Reg S), Societatea Nationala De Gaze Naturale Romgaz S.A. GDR (Reg S)INTERNATIONAL ECONOMIC ANNOUNCEMENTSCapacity Utilisation (US) (14:15)Consumer Price Index (EU) (10:00)GDP (Flash Estimate) (EU) (10:00)Harmonised Index of Consumer Prices (EU) (10:00)Industrial Production (US) (14:15)Producer Price Index (US) (13:30)Wholesale Price Index (GER) (07:00)GMSSource BioScience, Unicorn AIM VCTEGMSDatang International Power Generation Co Ltd.AGMSDaily Internet, Heath (Samuel) & Sons, iEnergizer Ltd., Oryx International Growth Fund Ltd.FINAL DIVIDEND PAYMENT DATEAmati VCT , F&C Global Smaller Companies, Investec, SABMillerINTERIM DIVIDEND PAYMENT DATECrystal Amber Fund Ltd., Frenkel Topping Group, Safestore Holdings, Sanderson Group, Sequoia Economic Infrastructure Income Fund LimitedQUARTERLY PAYMENT DATEMarsh & Mclennan Cos Inc., Merchants Trust
More News
21 Apr 2016 07:34

London pre-open: Stocks seen higher as investors eye UK retail sales

(ShareCast News) - London stocks were expected to open in the black on Thursday, taking their cue from positive US and Asian sessions as oil prices edged higher. The FTSE 100 was seen starting 12 points higher than Wednesday's close at 6,422. Investors in the UK will eye the release of retail sales

Read more
21 Apr 2016 07:05

Ladbrokes gets off to a flier in first quarter

(ShareCast News) - Unlike some of its rivals, Ladbrokes got off to a flier in the first quarter, with encouraging sales growth indicating new chief executive Jim Mullen's turnaround plan is working but also helped by a tailwind of favourable sporting results. As the bookmaker refurbished 73 betting

Read more
21 Apr 2016 07:02

Ladbrokes Net Revenue Up In Quarter Despite "Worst" Ever Cheltenham

Read more
20 Apr 2016 14:30

Credit Suisse starts Paddy Power Betfair at 'underperform'

(ShareCast News) - Credit Suisse initiated coverage of Paddy Power Betfair at 'underperform' with a 8,650p price target, saying the merger benefits were being overplayed, with the cost synergies and scale failing to justify the share price. "We feel that cost synergies alone are a poor rationale for

Read more
17 Apr 2016 16:53

Sunday newspaper round-up: AstraZeneca, Monarch Airlines, HSBC, Opec deal

(ShareCast News) - AstraZeneca has held talks with US-based rival Medivation that could see it make a $10bn (£7bn) takeover bid, where it will battle France's Sanofi, which had a bid rejected last week, and others. Although oncology drug maker Medivation has been criticised for "price gouging" by Am

Read more
14 Apr 2016 15:10

Earnings, Trading Statements Calendar - Week Ahead

Read more
5 Apr 2016 08:32

BROKER RATINGS SUMMARY: Liberum Upgrades Babcock To Hold From Sell

Read more
3 Apr 2016 16:33

Sunday newspaper round-up: Interest rates, Tata, Premier Foods, G4S, Centrica

(ShareCast News) - The Bank of England will hold interest rates at their current historic low for three more years, according to the market's current predictions. Judging by the overnight deposit rates that banks are charged to hold their cash at the central bank, which indicates market predictions

Read more
30 Mar 2016 08:41

BROKER RATINGS SUMMARY: Jefferies Adjusts Ratings On Retailers

Read more
23 Mar 2016 17:17

LONDON MARKET CLOSE: US Crude Build-Up Weighs On Oil Prices And Stocks

Read more
23 Mar 2016 14:37

UPDATE 2-William Hill warns on full-year profit, shares slump

* Cites regulatory changes and Cheltenham festival * Online profit seen falling by up to 25 mln stg * Shares down 11 pct (Adds CEO, analyst comments, detail) By Aastha Agnihotri March 23 (Reuters) - British bookmaker William Hill warned on full-year profit on Wednesday,

Read more
23 Mar 2016 12:09

LONDON MARKET MIDDAY: Betting Stocks Back Of The Pack In Flat Trade

Read more
23 Mar 2016 10:34

WINNERS & LOSERS SUMMARY: William Hill Warning Drags Down Bookmakers

Read more
23 Mar 2016 08:40

LONDON MARKET OPEN: Kingfisher And Sky Lead Firm FTSE 100

Read more
21 Mar 2016 09:38

BROKER RATINGS SUMMARY: Goldman Sachs Starts Ascential With Buy Rating

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.