Week Ahead: Ladbrokes, Bellway, MPC minutes

12th Oct 2012 09:08

There are lots of booze-based firms reporting next week, including Diageo, SABMiller and the Spirit Pub Group, while if soft drinks are more your thing, Britvic reports on Thursday; the Chelmsford-based drinks producer is currently in merger talks with Irn Bru maker AG Barr.After a week on the booze it is rarely a good idea to visit the bookmakers, so watch out for Ladbrokes' third quarter update on Thursday.One of the key things will be an update on the new Ladbrokes.com web site, which is scheduled to be launches this quarter. The bookie's online offering has been overshadowed by perennial rival William Hill and any delay to the launch will probably see the shares get a shellacking.On the housing front Bellway will report preliminary results on Tuesday, and Panmure Gordon predicts profits will be up 49% on last year.The broker expects Bellway to report the completion of 5,226 units over the full year at an average selling price of £187,000, which would represent a 6.5% improvement on the previous year's average. Net margins are likely to have improved by two-and-a-quarter percentage points to 11.0%, Panmure Gordon thinks.The market consensus is for profit before tax of £98.2m on revenue of £985m. Earnings per share are tipped to surge to 61.48p, paving the way for the full year dividend to be hiked to 17.15p from 12.50p, if analysts covering the stock are to be believed. Switching to the macroeconomic scene, minutes from the October meeting of the Bank of England's Monetary Policy Committee (MPC).The Bank's current round of quantitative easing (QE) ends next month and economists will be scouring the minutes to see whether there are any clues as to whether the QE tap will be turned on again.MPC member Martin Weale, for one, has expressed concern about sanctioning more QE while inflation remains above the Bank's 2.0% target rate. Weale's colleagues Ben Broadbent and Spencer Dale have also recently gone on record to warn about inflation risks.The Bank of England increased its asset purchase pot by £50bn to £375bn in July. Monday October 15INTERIM DIVIDEND PAYMENT DATECapita, Chesnara, Cookson Group, Lavendon Group, Savills, UTV MediaINTERNATIONAL ECONOMIC ANNOUNCEMENTSBusiness Inventories (US) (13:30)Manufacturing Inventories (US) (15:00)Retail Sales (US) (13:45)Retail Sales Inventories (US) (15:15)GMSDiamond Circle CapitalIMSSFresnilloEGMSNord Gold NV GDR (Reg S)AGMSMcbride, Medilink-Global UK Ltd.TRADING ANNOUNCEMENTSSoftware Radio TechnologyFINAL DIVIDEND PAYMENT DATEBest of the Best, Coral Products, Goodwin PlcTuesday October 16INTERIMSBrown (N.) GroupINTERNATIONAL ECONOMIC ANNOUNCEMENTSCapacity Utilisation (US) (16:15)Consumer Price Index (EU) (10:00)Consumer Price Index (US) (13:30)Harmonised Index of Consumer Prices (EU) (10:00)Industrial Production (US) (16:15)New Car Registrations (EU) (10:00)ZEW Survey (EU) (10:00)ZEW Survey (GER) (10:00)Q3GKNGMSBlavod Wines & Spirits, Energetix GroupFINALSBellway, EpiStem Holdings, Plexus Holdings, Smiths News, Spirit Pub CompanyIMSSGKNEGMSGlobal Ports Investments GDR (REG S)AGMSIn-Deed OnlineUK ECONOMIC ANNOUNCEMENTSConsumer Price Index  (09:30)Producer Price Index  (09:30)Retail Price Index (09:30)Wednesday October 17INTERIMSDatatec Ltd. (DI), Vertu MotorsINTERIM DIVIDEND PAYMENT DATEDunedin Income Growth Inv Trust, Neptune-Calculus Income & Growth VCT, Premier FarnellINTERIM EX-DIVIDEND DATEBAE Systems, British Polythene Industries, Capital Shopping Centres Group, Foresight Solar VCT, JZ Capital Partners Ltd, Kerry Group 'A' Shares, Mears Group, Octopus Apollo VCT, S & U, Scisys, Smart Metering Systems, Spectris, Ted Baker, TT ElectronicsQUARTERLY EX-DIVIDEND DATEF&C Commercial Property Trust Ltd., Middlefield Canadian Income PCCINTERNATIONAL ECONOMIC ANNOUNCEMENTSBuilding Permits (US) (13:30)Crude Oil Inventories (US) (15:30)Housing Starts (US) (13:30)MBA Mortgage Applications (US) (12:00)Wholesale Price Index (GER) (07:00)Q3MCB Bank Ltd GDR (Reg S)GMSPersimmon, ViperaIMSSDiageoSPECIAL EX-DIVIDEND PAYMENT DATEAberdeen Asian Smaller Companies Inv TrustAGMSDiageo, Diverse Income Trust (The), Vipera, Wasabi EnergyTRADING ANNOUNCEMENTSSpeedy HireUK ECONOMIC ANNOUNCEMENTSBoE Interest Rate Minutes (09:30)Claimant Count Rate (09:30)Unemployment Rate (09:30)FINAL DIVIDEND PAYMENT DATENews Corp. 'A' SharesFINAL EX-DIVIDEND DATEAberdeen Asian Smaller Companies Inv Trust, Animalcare Group, Avingtrans, Close Brothers Group, Henderson EuroTrust, Quayle Munro Holdings, Ricardo, Stavert Zigomala, Strategic Equity Capital, Wilmington GroupThursday October 18INTERIMSBooker GroupINTERIM DIVIDEND PAYMENT DATE888 Holdings, Netplay TV, RPS GroupINTERNATIONAL ECONOMIC ANNOUNCEMENTSBloomberg Consumer Confidence (US) (14:45)Continuing Claims (US) (13:30)Initial Jobless Claims (US) (13:30)Leading Indicators (US) (15:00)Philadelphia Fed Index (US) (15:00)IMSSEvraz, Ladbrokes, Man Group, Petropavlovsk, RenishawAGMSIG Group Holdings, Mattioli Woods, RenishawTRADING ANNOUNCEMENTSBritvic, Mothercare, SABMillerUK ECONOMIC ANNOUNCEMENTSInternet Retail Sales (09:30)Retail Sales (09:30)Trends in Lending (09:30)FINAL DIVIDEND PAYMENT DATEStandard Life UK Smaller Companies Trust, TrifastFriday October 19INTERIM DIVIDEND PAYMENT DATEAZ Electronic Materials SA (DI), Barr (A.G.), Bilfinger Berger Global Infrastructure Sicav S.A.(DI), Christie Group, Computacenter, CRH, G4S, Glanbia, International Public Partnerships Ltd., John Laing Infrastructure Fund Ltd, Melrose, Networkers International, Petrofac Ltd., Playtech Ltd., Robert Walters, Serco Group, Total Produce, Treatt, Tribal Group, Witan Pacific Inv TrustINTERNATIONAL ECONOMIC ANNOUNCEMENTSBalance of Payments (EU) (09:00)Balance of Trade (EU) (10:00)Current Account (EU) (09:00)Existing Home Sales (US) (15:00)Producer Price Index (GER) (07:00)Q3Schlumberger Ltd.IMSSAggreko, Petrofac Ltd., Provident FinancialSPECIAL DIVIDEND PAYMENT DATEHighland Gold Mining Ltd.AGMSArgos Resources Ltd. (DI), Brooks Macdonald Group, Dechra Pharmaceuticals, PME African Infrastructure OpportunitiesUK ECONOMIC ANNOUNCEMENTSPublic Sector Finances (09:30)FINAL DIVIDEND PAYMENT DATECity of London Investment Group, Dart Group, TP70 2008 (I) VCT, TP70 2008 (II) VCT, Tricorn Group, Utilico Investments Ltd (DI)