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Friday preview: Carillion, Lloyds...

Thu, 10th Dec 2009 15:57

Lloyds' shareholders have to make up their minds over the bank's £13.5bn rights issue tomorrow.Hopes of a good take-up from the 2.8m private investors are high in some quarters, encouraged by this week's heavily oversubscribed $986m US bond exchange. Holders wanted to swap $2.7bn of existing securities for new enhanced capital notes (ECN), a new type of hybrid debt. Some analysts suggest only £1.5bn will be left with the underwriters, which should be relatively easy to sell on they add.In October, support services and construction company Carillion said it continues to perform well and remains on track to deliver materially enhanced earnings in 2009, despite challenging market conditions. Tomorrow's trading statement should be more of the same, given a string of contract wins Carillion has announced over the past few months, but how much work it has in Dubai might be something to watch for.INTERIM DIVIDEND PAYMENT DATE 3i Infrastructure, Aberdeen Income & Growth VCT, Barclays, Braemar Shipping Services, Cobham, Invensys, Noble AIM VCT, Octopus Second AIM VCT, Pace, Printing.com, SABMiller INTERNATIONAL ECONOMIC ANNOUNCEMENTS Business Inventories (US) (15:00) Consumer Sentiment (US) (14:55) Retail Sales (US) (13:30) U. of Michigan Confidence (US) (15:00) AGMS Asian Citrus, Earthport, Gleeson (M J) Group, Henderson Far East Income Ltd., Lok'n Store Group, Mouchel Group, Rheochem, White Young Green, World Careers Network TRADING ANNOUNCEMENTS Carillion FINAL DIVIDEND PAYMENT DATE Dechra Pharmaceuticals, Downing Protected VCT I, Dunelm Group, Edinburgh Dragon Trust, JPMorgan Smaller Companies Inv Trust

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