Wednesday 30 November 2011

The upcoming week in business and economy: 21 Nov - 25 Nov

Results of the year:Diploma

Interim results:The foundation of Trust, Mitie Invista

Trading Update:No announcement

Economics:CBI Conference

Meetings:Worldspreads Group (AGA)

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Tuesday, November 22

Homeserve, nicknamed the "fifth emergency" because it offers insurance to national crises, update the city on his own trauma when it offers its interim results. Last month the company that sells products such as repair of boiler cover, said that it had suspended all telesales and marketing activities after a review by Deloitte identified problems with the way in which they were sold, sending its shares plunging.

Some linked sales activities began again, but there is still a possibility of an investigation of the Financial Services Authority (FSA).

Henry Carver, Peel Hunt analyst, said: "the key questions are: how much time will it take to absorb the impact of the recent actions, what will be the result of the control of the FSA to calls of"unsatisfactory"sales" until October 31 and what discount is appropriate for the action now? ""

• Investors will look for an update on how changes in meeting room and property issues hit results of the year at Mitchell & Butlers. The remains of pub without a Chief Executive and the insiders group admit majority shareholder, Joe Lewis has not efforts to take control of the company have received the operational part of the company. Last week, Bob Ivell, Executive Chairman, pushed by a restructuring of the management, but investors want to see a leader full-time in place as soon as possible. Numis analyst Doug Jack has forecast profits before taxes for the year down 11pc following the Elimination of the bars to 333, with sales as resembling 2 FP7 in the period.

Results of the year:Enterprise Inns, GW Pharmaceuticals, Mitchell & Butlers, Paragon Group of Companies

Interim results:Major group of yellow, Carlco, CML Microsystems, De La Rue, Ffastfill, Hamworthy, Halma, Homeserve, intermediate Capital Group, KCom, Telecom Plus, Torotrak

Trading Update:No announcement

Economics:Public finance data

Meetings:International Ferro metals (AGA), Smiths Group (AGA)

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Wednesday, November 23

Johnson Matthey should describe how the global economic uncertainty is affecting manufacturers when it reports interim results this week. FTSE 100 produces about one third of catalytic converters in vehicles in the world and its performance is closely linked to the progression of motor vehicle manufacturers.

In June, Johnson Matthey warned of the rising prices of rare earth metals and a slowdown in car production caused by the Japanese earthquake. However, revenues increased 14pc 27pc and profits.

Analysts are forecasting this week that the company will post another increase of profits before tax. The consensus forecast for profits before exceptional pre tax for the six months to 30 September is £ 193.7 m, mainly in advance the £ 164.3 m in 2010.

Adam Collins to Liberum Capital said: "Q1 profit before tax to provisional summer management was 98 million pounds sterling and during the second quarter, a sequential improvement of profits there, we believe, supported by the closure of the plant of catalysts for Brussels in July and accelerating us class 8 truck production.".

Results of the year:Avon rubber, compass, Daily Mail & Trust General

Interim results:Assura, Hyder Consulting, Johnson Matthey, Mackay Securities, QinetiQ, Sepura, United Utilities

Trading Update:French Connection

Economics:Mortgage approvals MPC minutes, financial policy Committee, BBA

Meetings:Greatland gold (AGA), Geong International (AGA)

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Thursday, November 24

• There are a few retailers feeling the squeeze more products electrical stores of expensive and often unnecessary gadgets, and Dixons is no exception. However, investors hope that she can confirm that this is better than Comet, which has just been unloaded by Kesa, and Best Buy Europe, which is currently closed by Carphone Warehouse. Credit Switzerland predicted that sales as resembling the United Kingdom will be hosted a fall 10pc in the first quarter to a fall in FP7 for the whole of the first half. Consensus forecasts are for a loss before tax of first-half underlying in the range of 29 m £ 35 million pounds. For the same period last year, the company reported a loss before underlying tax of £ 6.9 m.

Antofagasta, minor copper, gives a third quarter update. The market expected on how its Esperanza new mine at the Chile performs an update. In the first half of the year, Esperanza produced 29 300 tonnes of copper. The company will have to make good inroads in recent months to reach its target of producing up to 100,000 tons of copper on the site throughout the year, said analysts at the evolution of securities.

Results of the year:F. c. & income & Capital investment, future, Grainger, Phytopharm, Thomas Cook

Interim results:Casts, Dixons, helical Bar brewery, available detail, Pennant, Young & Co

Trading Update:Antofagasta

Economics:First revision of growth Q3 data of investment by the company, CBI industrial trends survey

Meetings:Finsbury food (AGA)

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Friday, November 25

Results of the year: Scottish Investment Trust.

Interim results:Fuller, Smith and Turner, Omega Diagnostics, Trent Severn

Trading Update:No announcement

Economics:No application

Meetings:Fusion IP (AGA)


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