Week Ahead: BP, Shell, Glaxo

23rd Apr 2010 11:46

After a lull lasting a couple of weeks next week sees a heavily populated agenda of company results, with energy and pharmaceuticals companies dominating.Among the oil companies due to announce next week BP is first out of the traps on Tuesday with first quarter figures. Net income is forecast to be around $4.8bn. Oil companies are among the best payers in the FTSE 100 so the dividend will be of interest to income investors. A quarterly dividend of around 14 cents is anticipated.Royal Dutch Shell follows in BP's footsteps on Wednesday. Net income is tipped to lag BP's, at about $4.2bn. but the dividend will be far more generous, as the company has committed to paying quarterly dividends of 42 cents this year.BG Group completes the triumvirate of oil majors releasing first quarter figures this week. Its net income is expected to fall back below the $1bn level to $950m, down from $1.01bn in the first quarter of 2009.In the pharmaceuticals sector GlaxoSmithline releases first quarter figures on Wednesday, with pre-tax profit forecast to be £2.13bn, up from £1.93bn a year before. Broker Charles Stanley is forecasting a 10% increasse in group sales to £7.34bn, helped in part by demand for pandemic flu products, though unfavourable currency movements will hold the gain in check.Pre-tax profit of $3.07bn is forecast for AstraZeneca's first quarter figures, up from $3.00bn in the first quarter of last year. In Astra's case sales are likely to get a forex boost, thanks to the rise in the value of the US dollar. Also declaring on Thursday is Shire, with the announcement due at noon (BST). The consensus forecast for revenue is $757m. Earnings before interest and tax on a non-GAAP (Generally Agreed Accounting Principles) basis should be around $214m. Monday April 26INTERIMSLok'n Store Group, NasstarGMSSSL InternationalFINALSLiDCO, Pan Pacific AggregatesANNUAL REPORTNationwide Accident Repair Services, PV Crystalox SolarIMSSTelecity GroupEGMSProdesse Investment Ltd., Public Power GDR (Reg S)AGMSA&D Pharma Holding GDR (Reg S), GlobeOp Financial Services, IPSA Group, Marwyn Materials, TEO LT GDR (Reg S)UK ECONOMIC ANNOUNCEMENTSNationwide House Price Index (07:00)INTERNATIONAL ECONOMIC ANNOUNCEMENTSDallas Fed Manufacturing Activity (15:30)Tuesday April 27INTERIMSCharacter Group, Connaught, Imperial Innovations, Imperial Tobacco Group, Next Fifteen CommunicationsINTERNATIONAL ECONOMIC ANNOUNCEMENTSBoJ Intrest Rates (JPN) (00:00)Consumer Confidence (US) (15:00)House Price Index (US) (15:00)Producer Price Index(AUS) (00:00)Richmond Fed Manufacturing Index (15:00)GfK Consumer Confidence Survey (GER) (07:00)Consumer Confidence (FRA) (07:45)Jobseekers Net Change (FRA) (18:00)Small Business Confidence (JPN)FINALSAsia Digital Holdings, Brown (N.) Group, Lifeline Scientific Inc. (Reg S), Pinnacle Staffing GroupIMSSDunelm Group, GlobeOp Financial Services, Lloyds Banking Group, Premier Foods, Promethean WorldEGMSJSM IndochinaAGMSBradford & Bingley 11.625% Perp Sub Bds, Communisis, Efes Breweries International GDR (Reg S), Fidessa, Informa, IP Group, Laird, New World Resources, Oxford Biomedica, Personal Group Holdings, Primary Health Properties, Progressive Digital Media Group, Shires Smaller Companies Trust, Witan Inv Trust, XchangingUK ECONOMIC ANNOUNCEMENTSCBI Distributive Trends Surveys (11:00)Mortgage Approvals (09:30)Q1ARM Holdings, BP, Electrolux AB, Norsk Hydro, Novo-Nordisk AS 'B' Shares, Reckitt Benckiser Group, United Bank GDR (Reg S)Wednesday April 28INTERIMSFenner, Superglass HoldingsINTERIM EX-DIVIDEND DATEF&C UK Select Trust, Mcbride, Mouchel GroupQUARTERLY EX-DIVIDEND DATECity Merchants High Yield Trust, City of London Inv Trust, JPMorgan Claverhouse Inv TrustINTERNATIONAL ECONOMIC ANNOUNCEMENTSConsumer Price Index(AUS) (00:00)Consumer Price Index(GER) Crude Oil Inventories (US) (15:30)FOMC Interest Rate (US) (19:15)MBA Mortgage Applications (US) (12:00)Retail Sales (JPN)FINALSCorac Group, Home Retail Group, HydroDec Group, M. P. Evans Group, Oakley Capital Investments Ltd., Oxford Advanced Surfaces Group, Tandem GroupIMSSBritish American Tobacco, InformaSPECIAL EX-DIVIDEND PAYMENT DATEEmerging Metals LimitedEGMSPangea DiamondFieldsAGMSAdmiral Group, Aggreko, Alkane Energy, Allied Irish Banks, Altin (Reg S), Aviva, Bank Pekao GDS (Reg S), Bodycote, British American Tobacco, Croda International, Economic Lifestyle Property Inv Co, EP Global Opportunities Trust, European Assets Trust, Greenwich Loan Income Fund Limited, Invista Real Estate Investment Management Holdings, Media Corporation, Melchior Japan Inv Trust, Mercator Gold, NeutraHealth, Novatek GDR (Reg S), Rolls-Royce Group, Royal Bank of Scotland Group, Stanley Gibbons, XCounter ABTRADING ANNOUNCEMENTSCarpetrightFINAL DIVIDEND PAYMENT DATEBlackRock World Mining Trust, Stobart Group Ltd.FINAL EX-DIVIDEND DATEAnglo-Eastern Plantations, ARM Holdings, British Smaller Technology Companies VCT 2, Centrica, Croda International, Delcam, Drax Group, Elementis, Ferrexpo, Hellenic Carriers, Hochschild Mining, Hydro International, IS Solutions, Lincat Group, North Midland Construction, Northern 2 VCT, Playtech, Portmeirion, Porvair, Reed Elsevier, Regus, Senior, Tesco, Total Produce, Tullett PrebonQ1GlaxoSmithKline, Royal Dutch Shell 'A', Virgin Media Inc.Thursday April 29INTERNATIONAL ECONOMIC ANNOUNCEMENTSBusiness Climate Indicator (EU) (10:00)Consumer Confidence Indicator (EU) (10:00)Industrial Confidence (EU) (10:00)Economic Confidence (EC) (10:00)Service Sector Confidence (EU) (10:00)M3 Money Supply (EU) (09:00)PMI Retail (EU) (09:00)PMI Retail (GER) (08:55)Unemployment Rate (GER) (08:55)Continuing Claims (US) (13:30)Initial Jobless Claims (US) (13:30)Chicago Fed National Activity Index (US) (13:30)Jobless Claims (US) (13:30)Continuing Claims (US) (13:30)Q3British Sky Broadcasting GroupGMSAir ChinaFINALSCamellia, Randall & Quilter Investment, Silence Therapeutics, WhitbreadIMSSCharter International, Galiform, Go-Ahead Group, Jardine Lloyd Thompson Group, RPS Group, Standard Life, Taylor Wimpey, William HillEGMSUrals Energy Public CompanyAGMSAbbey Protection, Aegon , AstraZeneca, BBA Aviation, Brady, Charter International, China Gateway International, COLT Telecom Group S.A., Crosby Asset Management, Fiberweb, Hammerson, Hexaware Technologies GDS (Reg S), Hongkong Land Holding Ltd. (Bermuda), Jardine Lloyd Thompson Group, Komercni Banka GDR (Level 1), NEOVIA Financial, Novae Group, PartyGaming, Pendragon, Powerflute Oyj, SEGRO, SpaceandPeople, Stratex International, Symphony International Holdings, Taylor Wimpey, Torchmark CorpTRADING ANNOUNCEMENTSHMV Group, Standard LifeUK ECONOMIC ANNOUNCEMENTSPMI Retail (09:30)FINAL DIVIDEND PAYMENT DATE4imprint Group, Herald Inv TrustQ1AstraZeneca, BG Group, Coca-Cola Hellenic Bottling Company SA, Shire Plc, UnileverFriday April 30INTERIMSAvacta GroupINTERIM DIVIDEND PAYMENT DATEAnglo and Overseas Trust, Henderson EuroTrust, Manchester & London TrustQUARTERLY PAYMENT DATECarador EUR Shares, Henderson Global Property Companies Ltd., JP Morgan Chase, Mercantile Inv Trust, Schroder Income Growth Fund, Torchmark CorpINTERNATIONAL ECONOMIC ANNOUNCEMENTSChicago PMI (US) (13:45)Employment Cost Index (US) (13:30)Gross Domestic Product (US) (13:30)Personal Consumption Expenditures (US) (13:30)Personal Income (US) (13:30)U. of Michigan Confidence (US) (15:00)NAPM Milwaukee (US) (15:00)Harmonised Index of Consumer Prices (EU) (10:00)International Reserves (EU) (11:00)Unemployment Rate (EU) (10:00)Consumer Price Index (EU) (10:00)Producer Prices (FRA) (07:45)Non-farm Payrolls (FRA) (07:45)Jobless Rate (JPN)Consumer Prices Index (JPN)Industrial Production (JPN)Bank of Japan Target rate (JPN)Housing Starts (JPN)Construction Orders (JPN)FINALSAltitude Group, Emblaze, Harvey Nash Group, Heritage Oil, Integra Group GDR (Reg S), Photo-Me InternationalANNUAL REPORTBeacon Hill Resources, BlueCrest AllBlue Fund EUR Shares, BlueCrest AllBlue Fund GBP Shares, BlueCrest AllBlue Fund USD Shares, Dillistone, Dolphin Capital Investors, Kenmare Resources, Metalrax Group, North Midland Construction, Plaza CentersIMSSFBD Holdings, Forth PortsEGMSFBD HoldingsAGMSBaillie Gifford Shin Nippon, Barclays, Bayer AG, Davis Service Group, Espirito Santo, FBD Holdings, Forth Ports, Hutchison China Meditech, Johnston Press, London Mining, Molins, Murray International Trust, Parkwood Holdings, Pearson, Westhouse Holdings TRADING ANNOUNCEMENTSRentokil InitialUK ECONOMIC ANNOUNCEMENTSGFK Consumer Confidence (00:01)FINAL DIVIDEND PAYMENT DATEBluehone AIM VCT 2, Filtrona PLC, Omega Insurance Holdings, Tikit, Wynnstay GroupQ1HT-Hrvatske Telekomunikacije D.D GDR (Reg S)