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Week Ahead: Taylor Wimpey, Land Securities, Kesa

Fri, 15th Jan 2010 12:03

Taylor Wimpey will kick next week's results schedule off with a trading update that should see a continuation of the stabilisation the housebuilder was seeing back in November. Sector peers Bovis, Barratt Developments and Persimmon have all recently released relatively upbeat trading statements, though all remain cautious on prospects for 2010. Property group Land Securities brings out an interim management statement on Tuesday. The stock was recently added to Goldman Sachs's 'Conviction Buy List' to reflect exposure to London office rents, amplified through planned West End developments.On Thursday, Comet stores owner Kesa Electricals will find its performance being compared to that of Currys owner DSG International. DSG traded ahead of expectations over Christmas and saw an 8% increase in like for like sales in the 12 weeks to 9 January compared to a year earlier, yet the stock price was nevertheless hammered. Kesa may therefore be under pressure to top DSG's performance, which would require an improvement on recent trends.Like for like sales at Comet rose 2%, ahead of forecasts for 0-1.5%, in the six months to the end of October, Wednesday will see the release of the minutes of the January meeting of the Bank of England's Monetary Policy Committee (MPC). The MPC left its policies unchanged, and it is probable that this decision was unanimous.Monday January 18INTERIM DIVIDEND PAYMENT DATEred24AGMSHot Tuna International, John Lewis of Hungerford, RM GroupTRADING ANNOUNCEMENTSASOS, Taylor WimpeyTuesday January 19INTERIMSGames Workshop Group, IG Group Holdings, ZetarIMSSAlterian, Land Securities GroupAGMSBaring Emerging Europe, Sirius Petroleum, SVM Global FundUK ECONOMIC ANNOUNCEMENTSConsumer Price InflationRetail Price InflationWednesday January 20INTERIM DIVIDEND PAYMENT DATEHome Retail Group, Intelek, National Grid, Polar Capital HoldingsINTERIM EX-DIVIDEND DATEACM Shipping, Consort Medical, Hampson Industries, Pennon Group, QinetiQ Group, Scott WilsonQUARTERLY EX-DIVIDEND DATECity of London Inv TrustFINALSWynnstay GroupIMSSGreat Portland EstatesEGMS1pm, TreveriaAGMSATH Resources, Character Group, F&C Eurotrust, Majedie InvestmentsTRADING ANNOUNCEMENTSKesa ElectricalsFINAL DIVIDEND PAYMENT DATEBellway, DiplomaFINAL EX-DIVIDEND DATEAberdeen Asian Income Fund Ltd., BlackRock New Energy Technology Inv Trust, Cardiff Property, Care UK, Hydrogen Group, Impax Asset Management Group, Imperial Tobacco Group, Puma VCT I, Puma VCT II, RWS Holdings, Titon HoldingsUK ECONOMIC EVENTSBank of England MPC MinutesClaimant Count Unemployment RateILO Unemployment RateAverage EarningsThursday January 21INTERIMSBegbies Traynor Group, NCC GroupEGMSJessopsAGMSEducation Development International, Euromoney Institutional Investor, Milestone GroupUK ECONOMIC ANNOUNCEMENTSCBI Industrial Trends, Total OrdersPublic Sector Net Borrowing RequirementsFriday January 22INTERIM DIVIDEND PAYMENT DATEAcal, Cable & Wireless, Cranswick, Latham (James), London and Associated Properties, Speedy HireGMSEvolution GroupEGMSWynnstay PropertiesAGMSAdvanced Power Components, Lowland Investment Co.FINAL DIVIDEND PAYMENT DATEMBL GroupUK ECONOMIC ANNOUNCEMENTSRetail Sales

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