LONDON (SHARECAST) - Recruiters Hays and Michael Page kick the week off on Monday with interim management statements.
For Michael Page, Peel Hunt thinks trends seen at the interims are unlikely to have changed materially, except perhaps that the slowdown in Asian growth may have accelerated. The outlook will likely remain bleak, the broker reckons.
As for Hays, the same broker say markets are clearly still challenging. "Asian markets, where NFI [net fee income] is weighted towards banking, are weak and European and RoW [Rest of World] markets excluding Germany and Canada have become increasingly tough. Australia is likely to be slowing, as the pause in mining resources activity will likely [have an] impact {on} other sectors in that region," Peel Hunt says.
On Friday, builders' merchant Travis Perkins issues an interim management statement, and Panmure Gordon is expecting the group to have made further progress, despite tough market conditions.
The broker thinks the key issues will be: Spending outlook – public versus private and housing vs commercial; Weather, Jubilee/Olympics disruption; Competitive environment post corporate activity in sector.
Monday October 08
INTERIM DIVIDEND PAYMENT DATE
Camellia, Hikma Pharmaceuticals, JPMorgan American Inv Trust, Tex Holdings
QUARTERLY PAYMENT DATE
Alpha Pyrenees Trust Ltd.
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (GER) (07:00)
Current Account (GER) (07:00)
Harmonised Competitiveness Indicators (EU) (09:00)
Industrial Production (GER) (11:00)
Retail Price Index (GER) (07:00)
GMS
InterContinental Hotels Group
FINALS
Waterman Group
ANNUAL REPORT
Cambium Global Timberland Ltd.
IMSS
Hays, Michael Page International
EGMS
Redefine International
AGMS
Cambium Global Timberland Ltd., Mid Wynd International Inv Trust, Scotgold Resources (DI)
TRADING ANNOUNCEMENTS
Carclo
Tuesday October 09
INTERIM DIVIDEND PAYMENT DATE
Abbey Protection, Bwin.party Digital Entertainment
QUARTERLY EX-DIVIDEND DATE
Marsh & Mclennan Cos Inc.
FINALS
CAP-XX Ltd., DotDigital Group, Utilitywise
IMSS
XP Power Ltd. (DI)
SPECIAL EX-DIVIDEND PAYMENT DATE
InterContinental Hotels Group
TRADING ANNOUNCEMENTS
May Gurney Integrated Services
UK ECONOMIC ANNOUNCEMENTS
Balance of Trade (09:30)
BRC Sales Monitor (00:01)
Industrial Production (09:30)
Manufacturing Production (09:30)
FINAL DIVIDEND PAYMENT DATE
Colefax Group
Wednesday October 10
INTERIMS
JZ Capital Partners Ltd
INTERIM DIVIDEND PAYMENT DATE
Braime (T.F.& J.H.) Holdings, Braime (T.F.& J.H.) Holdings (Non-Voting), Dairy Farm International Holdings Ltd. (Singapore), Hongkong Land Holding Ltd. (Singapore), Jardine Matheson Holdings Ltd (Singapore), Jardine Strategic Holdingd Ltd. (Singapore), Mandarin Oriental International (Singapore), Restaurant Group
INTERIM EX-DIVIDEND DATE
Amiad Water Systems Ltd, Balfour Beatty, British American Inv Trust, Cenkos Securities, Cobham, Dillistone Group, Hydrogen Group, Johnson Service Group, Keller Group, Kingfisher, Maven Income & Growth 2 VCT, Nationwide Accident Repair Services, Rightmove, SIG, Smith & Nephew, Spirax-Sarco Engineering, StatPro Group, Tesco, Travis Perkins, Unite Group, Yule Catto & Co
QUARTERLY PAYMENT DATE
Africa Opportunity Fund Ltd.
QUARTERLY EX-DIVIDEND DATE
Assura Group Ltd., Dcg Iris Ltd Red Sterling
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Beige Book Fed Survey (US) (19:00)
MBA Mortgage Applications (US) (12:00)
Wholesales Inventories (US) (15:00)
FINALS
Avanti Communications Group
ANNUAL REPORT
Galliford Try
EGMS
Matrix European Real Estate Inv Trust Ltd.
AGMS
IPPlus
FINAL EX-DIVIDEND DATE
Begbies Traynor Group, CPL Resources, Daejan Holdings, Haynes Publishing Group, Hays, Murgitroyd Group, Pacific Horizon Inv Trust, Penna Consulting, Produce Investment, TP70 2008 (I) VCT, TP70 2008 (II) VCT, Wolseley
Thursday October 11
INTERIM DIVIDEND PAYMENT DATE
Berendsen, Macfarlane Group, Molins, Standard Chartered, UBM, Zotefoams
EGMS
Aqua Resources Fund Ltd, Zhejiang Expressway Co 'H' Shares
AGMS
Bailey (C.H.), Crystal Amber Fund Ltd.
FINAL DIVIDEND PAYMENT DATE
Catalyst Media Group, Henderson Smaller Companies Inv Trust, Mid Wynd International Inv Trust, Stewart & Wight, Sweett Group