LONDON (SHARECAST) - There are lots of booze-based firms reporting next week, including Diageo, SABMiller and the Spirit Pub Group, while if soft drinks are more your thing, Britvic reports on Thursday; the Chelmsford-based drinks producer is currently in merger talks with Irn Bru maker AG Barr.
After a week on the booze it is rarely a good idea to visit the bookmakers, so watch out for Ladbrokes' third quarter update on Thursday.
One of the key things will be an update on the new Ladbrokes.com web site, which is scheduled to be launches this quarter. The bookie's online offering has been overshadowed by perennial rival William Hill and any delay to the launch will probably see the shares get a shellacking.
On the housing front Bellway will report preliminary results on Tuesday, and Panmure Gordon predicts profits will be up 49% on last year.
The broker expects Bellway to report the completion of 5,226 units over the full year at an average selling price of £187,000, which would represent a 6.5% improvement on the previous year's average. Net margins are likely to have improved by two-and-a-quarter percentage points to 11.0%, Panmure Gordon thinks.
The market consensus is for profit before tax of £98.2m on revenue of £985m. Earnings per share are tipped to surge to 61.48p, paving the way for the full year dividend to be hiked to 17.15p from 12.50p, if analysts covering the stock are to be believed.
Switching to the macroeconomic scene, minutes from the October meeting of the Bank of England's Monetary Policy Committee (MPC).
The Bank's current round of quantitative easing (QE) ends next month and economists will be scouring the minutes to see whether there are any clues as to whether the QE tap will be turned on again.
MPC member Martin Weale, for one, has expressed concern about sanctioning more QE while inflation remains above the Bank's 2.0% target rate. Weale's colleagues Ben Broadbent and Spencer Dale have also recently gone on record to warn about inflation risks.
The Bank of England increased its asset purchase pot by £50bn to £375bn in July.
Monday October 15
INTERIM DIVIDEND PAYMENT DATE
Capita, Chesnara, Cookson Group, Lavendon Group, Savills, UTV Media
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Business Inventories (US) (13:30)
Manufacturing Inventories (US) (15:00)
Retail Sales (US) (13:45)
Retail Sales Inventories (US) (15:15)
GMS
Diamond Circle Capital
IMSS
Fresnillo
EGMS
Nord Gold NV GDR (Reg S)
AGMS
Mcbride, Medilink-Global UK Ltd.
TRADING ANNOUNCEMENTS
Software Radio Technology
FINAL DIVIDEND PAYMENT DATE
Best of the Best, Coral Products, Goodwin Plc
Tuesday October 16
INTERIMS
Brown (N.) Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Capacity Utilisation (US) (16:15)
Consumer Price Index (EU) (10:00)
Consumer Price Index (US) (13:30)
Harmonised Index of Consumer Prices (EU) (10:00)
Industrial Production (US) (16:15)
New Car Registrations (EU) (10:00)
ZEW Survey (EU) (10:00)
ZEW Survey (GER) (10:00)
UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (09:30)
Producer Price Index (09:30)
Retail Price Index (09:30)
Wednesday October 17
INTERIMS
Datatec Ltd. (DI), Vertu Motors
INTERIM DIVIDEND PAYMENT DATE
Dunedin Income Growth Inv Trust, Neptune-Calculus Income & Growth VCT, Premier Farnell
INTERIM EX-DIVIDEND DATE
BAE Systems, British Polythene Industries, Capital Shopping Centres Group, Foresight Solar VCT, JZ Capital Partners Ltd, Kerry Group 'A' Shares, Mears Group, Octopus Apollo VCT, S & U, Scisys, Smart Metering Systems, Spectris, Ted Baker, TT Electronics
QUARTERLY EX-DIVIDEND DATE
F&C Commercial Property Trust Ltd., Middlefield Canadian Income PCC
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Building Permits (US) (13:30)
Crude Oil Inventories (US) (15:30)
Housing Starts (US) (13:30)
MBA Mortgage Applications (US) (12:00)
Wholesale Price Index (GER) (07:00)
Q3
MCB Bank Ltd GDR (Reg S)
GMS
Persimmon, Vipera
IMSS
Diageo
SPECIAL EX-DIVIDEND PAYMENT DATE
Aberdeen Asian Smaller Companies Inv Trust
AGMS
Diageo, Diverse Income Trust (The), Vipera, Wasabi Energy
UK ECONOMIC ANNOUNCEMENTS
Internet Retail Sales (09:30)
Retail Sales (09:30)
Trends in Lending (09:30)
FINAL DIVIDEND PAYMENT DATE
Standard Life UK Smaller Companies Trust, Trifast
Friday October 19
INTERIM DIVIDEND PAYMENT DATE
AZ Electronic Materials SA (DI), Barr (A.G.), Bilfinger Berger Global Infrastructure Sicav S.A.(DI), Christie Group, Computacenter, CRH, G4S, Glanbia, International Public Partnerships Ltd., John Laing Infrastructure Fund Ltd, Melrose, Networkers International, Petrofac Ltd., Playtech Ltd., Robert Walters, Serco Group, Total Produce, Treatt, Tribal Group, Witan Pacific Inv Trust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Payments (EU) (09:00)
Balance of Trade (EU) (10:00)
Current Account (EU) (09:00)
Existing Home Sales (US) (15:00)
Producer Price Index (GER) (07:00)
Q3
Schlumberger Ltd.
IMSS
Aggreko, Petrofac Ltd., Provident Financial
SPECIAL DIVIDEND PAYMENT DATE
Highland Gold Mining Ltd.
UK ECONOMIC ANNOUNCEMENTS
Public Sector Finances (09:30)
FINAL DIVIDEND PAYMENT DATE
City of London Investment Group, Dart Group, TP70 2008 (I) VCT, TP70 2008 (II) VCT, Tricorn Group, Utilico Investments Ltd (DI)
LONDON (SHARECAST) - There are lots of booze-based firms reporting next week, including Diageo, SABMiller and the Spirit Pub Group, while if soft drinks are more your thing, Britvic reports on Thursday; the Chelmsford-based drinks producer is currently in merger talks with Irn Bru maker AG Barr.
