Thursday 14 April 2011

Week ahead: economic - corporate events on April 11, 2011

Thus Europe's debt crisis, politicians and economists discuss the disorders of the Middle East and the impact of the earthquake of the Japan.

michael Page International coup ads of the week with a commercial statement today. Trade figures for the recruitment firm should provide an indication of the application in the whole of the world economy. The last quarter of 2010 has seen a strong finish to the year with fees net up 31pc year after year.

Results of the year No application

Interim results Carrs milling Industries

Trading update E2V Technologies, Michael Page International, Volex Group

Economy No application

Meetings Henderson Pacific Investment Trust AGM

Alliance Trust will publish its first set of results since tumbling out of the FTSE 100 in March.

Katherine Garrett-Cox, Chief Executive of the company and his management team have been under pressure since a group of activist investors began to build shares in the group. Laxey Partners, a Fund focused on the Isle of Man, sent a letter to the company asking him to start to buy back shares to reduce the discount between its price and the net asset value of the investments of the group.

The letter will be now sent to the shareholders by Alliance Trust ahead of its annual meeting in may, where the Laxey filed resolutions to introduce a "discount mechanism of control" - which would kick in when the company falls below its NAV 90pc.

Investors are also eager to hear punch taverns on details about the plans of the company for two companies - Punch and the spirit.

Speculation is mounting that Ian Dyson, Chief Executive Officer, will continue with the side managed pub business: will Mike Tye Director General.

During this time, Brian Wallace, Director of finance from Ladbrokes and an old associate of Mr. Dyson in their days, at the level of the Hilton group has been tipped as a likely mind President.

Roger Whiteside, Director General of non-compliant rental pubs, is provided at the head of the non-compliant rental division, and Ed Bashforth, Secretary of the company for 36 years, could become Director of Finance of the unit.

Results of the year Alliance Trust

Interim results Punch Taverns

Trading update GKN, Telecity Group

Economy Monitor sales to the British Retail Consortium Retail, RICS housing survey, the numbers of trade UK, March inflation data

Meetings Access Intelligence AGM, JP Morgan Claverhouse Investment Trust AGM, law debenture Corp. AGM, AGM primary health properties,

jd Sports fashion, high street retail group, is supposed to report full-year pre-tax profits of £ 79. 3 m, compared to £ 61. 4 m last year. The group is a retail chain a few running well at this time. The month last end JD offers talks with rival JJB Sports.

Results of the year JD Sports, Styles & Wood Group

Interim results Smiths News

Trading update ASOS, WS Atkins

Economy Unemployment figures

Meetings Anglo Pacific Group AGA, Drax group AGM

WH smith will announce its first half results Thursday. The magazine, stationery and book retailer is expected by analysts to Seymour Pierce to report first half profits before tax of £ 64. 5 m, up to 4 1pc on last year.

Earnings from its high street division is expected to be slightly on the year £ 47 last. 3 m, while its travel division earnings are expected to have increased by £ 25 by 9 FP7. 2 Mr. retailer has had a good recession, and its current performance and sale will be flattered by the disturbance to its shops in airports last year. Kate Calvert, analyst at Seymour Pierce, said: "sales are fairly well known as management issued a reassuring commercial statement in January." High street like-like sales were down FP6 during the week of 21 to 22 January and travel sales as resembling 3pc down, affected by disturbances in the snow. With detail making virtually all its profits on Christmas in the first half, the focus will be on prospects for travel.

She added: "comparable are potentially more low in view of the volcanic ash disruption and the number of strike days BA last year."

Investors will be hoped that Bank of Ireland will provide indications as to whether if the Irish regulator intends to force the holders of bonds in Irish banks to hair cut in the value of their assets.

Last week, Matthew: Elderfield, head of the financial regulations of the Central Bank of the Ireland, refused to exclude from cutting hair for investors in the debt of Anglo Irish Bank and Irish Nationwide Building Society.

Results of the year Systems of Filtration AMIAD, Bank of Ireland, Dori Media, ideal online shopping

Interim results Debenhams, WH Smiths

Trading update Ashmore Group, group Dunelm, Eaga, Filtrona, PZ Cussons

Economy The g-20 finance ministers began their meeting in Washington

Meetings BP AGM, Filtrona AGM, rank group AGA, Smith & Nephew AGM

The market hopes that Ladbrokes will provide an update on its takeover talks with 888 Holdings when the bookmaker he unveils his latest trading figures. Ladbrokes has negotiated with 888 for months and speculation is mounting the deal could fall apart.

Results of the year No application

Interim results No application

Trading update Ladbrokes

Economy No application

Meetings No application


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