The Week Ahead 3 - 29th April to 3rd May 2013

The week ahead.

Data:

30th April 

UK Mortgage Approvals
UK Consumer Confidence
UK M4 Money Supply
US Consumer Confidence
EU CPI

1st May

UK Manufacturing

2nd May

UK Construction
US Balance of Trade
US Initial Jobless Claims
EU ECB Interest Rate
EU Manufacturing

3rd May

US Non-Farm Payrolls
US Unemployment Rate


Company Announcements

1st May

Finals - Home Retail Group. Been going well recently but the fundamentals are looking quite generous for a retailer. Will be interesting to see what effect if any the March/April winter weather has had on business.

Final ex-dividend and Special Dividend date for ITV. Anyone interested in owning the shares and qualifying for both the final and special dividend need to be on the share register before they go ex-dividend. ITV have had a good run recently and usually after a ex-dividend date the share price will drop accordingly, but the company does seem to be in a reasonable uptrend, so any price fall may not last for long.

2nd May 

Q1 Interim Management statement - RSA Insurance Group report and after their recent profit warning it will be interesting to see if the bad news continues. Legal and General also report.

3rd May

Interim Management statement - Kentz Corp has pulled back recently, but this seems to be consistent with the volatile nature of the shares. No reason to believe that they will report anything bad, as their last report was quite optimistic. Could be due another upward move and good news on Friday might be the signal that sends them up again.

Interim Management statement - Direct Line Insurance have hardly set the market on fire since IPO and have fallen off their recent highs. Currently the daily chart shows a down trend, but there is still that dividend prospect of around 6% for holders to hang on to. Be interesting to see if the IMS says anything new and whether it has any effect on the recent depressed price.