Tuesday preview: Robert Walters has work to do

10th Oct 2011 17:54

Hot on the heels of a disappointing update from recruiter Michael Page comes a trading update on Tuesday from fellow white-collar recruitment specialist Robert Walters.The company's shares have been heading south at a rate of knots since the interim results were announced on August 4th. Like its peers, the recruiter has seen the labour market in the lucrative financial sector go off the boil. "Across the financial and commercial sectors, recruitment was largely centred on replacement rather than new hires however pockets of strong demand were evident across the risk, governance, compliance and legal disciplines," Robert Walters said back in August.Almost three-quarters of the company's net fee income now comes from outside the UK, so the focus will be on the overseas markets.INTERIMSBrown (N.) GroupINTERIM DIVIDEND PAYMENT DATEAmiad Water Systems LtdINTERNATIONAL ECONOMIC ANNOUNCEMENTSCurrent Account Total (JPN)Trade Balance (JPN)Bankruptcies (JPN)Consumer Confidence (JPN)Machine Tool Orders (JPN)Wholesale Price Index (GER)NFIB Small Business Optimism (US) (12:30)FOMC Interest Rate Minutes (US) (19:00)Monthly Budget Sentiment (US)FINALSEpiStem HoldingsIMSSRobert WaltersAGMSSnackTime, Standard Life UK Smaller Companies TrustUK ECONOMIC ANNOUNCEMENTSBRC Sales Monitor (00:01)Industrial Production (09:30)Manufacturing Production (09:30)RICS Housing Market Survey (09:30)DCLG House Price Balance (09:30)NIESR (15:00)FINAL DIVIDEND PAYMENT DATEColefax Group, IG Group Holdings--jh