LONDON (ShareCast) - Next week is the middle part of January and although many of the Christmas trading updates from High Street operators are out of the way, there are still a few more to come, including Burberry, Carphone Warehouse, JD Wetherspoon, Kesa Electricals and Primark owner Associated British Foods.
Keeping to the retail theme, UK retail sales data is out on the Friday, while on Tuesday the Nationwide Consumer Confidence survey is due, along with inflation data.
Stateside, the US bank results season gets in to full swing. Heavyweights such as Citigroup, Bank of America Merrill Lynch, and Goldman Sachs will be among the US banks presenting their results. Wells Fargo and Citigroup will do so on Tuesday. EPS readings of $0.72 and $0.56, respectively, are expected.
Bank of NY Mellon is expected to report EPS of $0.54 on Wednesday. Analysts are looking for Goldman Sachs to report EPS of $1.73 and US Bancorp to report EPS of $0.63. Morgan Stanley and Bank of America Merrill Lynch will present earnings on Thursday. EPS readings of -$0.58 and $0.21 are expected respectively.
Back in Britain, after sector giants Persimmon and Barratt Developments updated the market last week, another titan of the house building sector - Bovis - is set to strut its stuff on Monday.
Northland Capital Partners is confident the group will continue the run of upbeat trading comments seen from the UK house builders in the last 10 days.
"Its full year 2011 trading comments should echo the positive IMS [interim management statement] it released on 8th November 2011 with a solid seven weeks to the end of December 2011," the broker said.
Compared to last year, the fourth quarter of 2011 should have had fewer problems than the final quarter of 2010, when the government's comprehensive spending review was hanging over consumers' heads, and the poor weather in December was deterring site visits.
"We look a little light on our unit sales for the full year as new sites continue to bolster sales rates and operating margin. The potential for 2012 is improving as a growing order book boosts the Q112 [first quarter, 2011] starting point compared to Q111," Northland continues.
Monday January 16
INTERIM DIVIDEND PAYMENT DATE
Cyril Sweett Group, JPMorgan European Smaller Companies Trust , Phoenix IT Group
INTERIM EX-DIVIDEND DATE
Tongaat-Hulett Ltd.
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Harmonised Competitiveness Indicators (EU) (09:00)
EGMS
Squarestone Brasil Ltd., Vimetco GDR NV GDR (Reg S)
AGMS
Ferrex, Superglass Holdings
TRADING ANNOUNCEMENTS
Bovis Homes Group
FINAL DIVIDEND PAYMENT DATE
Barloworld Ltd., Cambria Automobiles
Tuesday January 17
INTERIMS
IG Group Holdings
INTERIM DIVIDEND PAYMENT DATE
MDM Engineering Group Ltd. (DI)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (EU) (10:00)
Harmonised Index of Consumer Prices (EU) (10:00)
New Car Registrations (EU) (10:00)
Wholesale Price Index (GER) (07:00)
ZEW Survey (EU) (10:00)
ZEW Survey (GER) (10:00)
Q3
OSJC Center for Cargo Container Traffic Transcontainer GDR (Reg S)
IMSS
C&C Group, Experian, Greene King
AGMS
European Investment Trust
TRADING ANNOUNCEMENTS
Burberry Group, Record
UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (09:30)
Retail Price Index (09:30)
Wednesday January 18
INTERIM DIVIDEND PAYMENT DATE
Home Retail Group, Hyder Consulting, National Grid
INTERIM EX-DIVIDEND DATE
ACM Shipping Group, Ashtead Group, Consort Medical, Games Workshop Group, QinetiQ Group
QUARTERLY EX-DIVIDEND DATE
Caterpillar Inc.
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Capacity Utilisation (US) (16:15)
Crude Oil Inventories (US) (15:30)
Industrial Production (US) (16:15)
MBA Mortgage Applications (US) (12:00)
Producer Price Index (US) (13:30)
IMSS
Carphone Warehouse Group, Diploma, Findel
AGMS
Character Group, Diploma, Enegi Oil, Lowland Investment Co, Majedie Investments, Tracsis
TRADING ANNOUNCEMENTS
Hochschild Mining, JD Wetherspoon, Man Group, Tullow Oil
UK ECONOMIC ANNOUNCEMENTS
Claimant Count Rate (09:30)
Unemployment Rate (09:30)
FINAL DIVIDEND PAYMENT DATE
Bellway
FINAL EX-DIVIDEND DATE
Artemis VCT, Cardiff Property, CareTech Holding, Imperial Tobacco Group, Income & Growth VCT , RWS Holdings
Thursday January 19
INTERIMS
NCC Group
INTERIM DIVIDEND PAYMENT DATE
red24, Tarsus Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Payments (EU) (09:00)
Bloomberg Consumer Confidence (US) (14:45)
Building Permits (US) (13:30)
Consumer Price Index (US) (13:30)
Continuing Claims (US) (13:30)
Current Account (EU) (09:00)
ECB Report (EU) (09:00)
Housing Starts (US) (13:30)
Initial Jobless Claims (US) (13:30)
Philadelphia Fed Index (US) (15:00)
GMS
DP Poland
IMSS
Associated British Foods, Kesa Electricals
AGMS
Aberdeen Asset Management, Boomerang Plus, Urals Energy Public Co Ltd. (DI)
TRADING ANNOUNCEMENTS
ASOS, Premier Oil, SABMiller, William Hill
Friday January 20
INTERIM DIVIDEND PAYMENT DATE
Acal, British Smaller Companies VCT, Cranswick, London & Associated Properties, MS International
QUARTERLY PAYMENT DATE
Personal Assets Trust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Existing Home Sales (US) (15:00)
Producer Price Index (GER) (07:00)
GMS
Nighthawk Energy
EGMS
Air China Ltd.
AGMS
Advanced Power Components, LED International Holdings Ltd (DI)
TRADING ANNOUNCEMENTS
Close Brothers Group, Kentz Corporation Ltd., X5 Retail Group NV GDR (Reg S)
UK ECONOMIC ANNOUNCEMENTS
Internet Retail Sales (09:30)
Retail Sales (09:30)
Trends in Lending (09:30)
FINAL DIVIDEND PAYMENT DATE
Carr's Milling Industries, Starvest
Email this article to a friend
or share it with one of these popular networks:
1,396.00p
Update - 
