Week Ahead: Michael Page, Hays, Travis Perkins

5th Oct 2012 08:52

Recruiters Hays and Michael Page kick the week off on Monday with interim management statements. For Michael Page, Peel Hunt thinks trends seen at the interims are unlikely to have changed materially, except perhaps that the slowdown in Asian growth may have accelerated. The outlook will likely remain bleak, the broker reckons.As for Hays, the same broker say markets are clearly still challenging. "Asian markets, where NFI [net fee income] is weighted towards banking, are weak and European and RoW [Rest of World] markets excluding Germany and Canada have become increasingly tough. Australia is likely to be slowing, as the pause in mining resources activity will likely [have an] impact {on} other sectors in that region," Peel Hunt says.On Friday, builders' merchant Travis Perkins issues an interim management statement, and Panmure Gordon is expecting the group to have made further progress, despite tough market conditions.The broker thinks the key issues will be: Spending outlook - public versus private and housing vs commercial; Weather, Jubilee/Olympics disruption; Competitive environment post corporate activity in sector.Monday October 08INTERIM DIVIDEND PAYMENT DATECamellia, Hikma Pharmaceuticals, JPMorgan American Inv Trust, Tex HoldingsQUARTERLY PAYMENT DATEAlpha Pyrenees Trust Ltd.INTERNATIONAL ECONOMIC ANNOUNCEMENTSBalance of Trade (GER) (07:00)Current Account (GER) (07:00)Harmonised Competitiveness Indicators (EU) (09:00)Industrial Production (GER) (11:00)Retail Price Index (GER) (07:00)GMSInterContinental Hotels GroupFINALSWaterman GroupANNUAL REPORTCambium Global Timberland Ltd.IMSSHays, Michael Page InternationalEGMSRedefine InternationalAGMSCambium Global Timberland Ltd., Mid Wynd International Inv Trust, Scotgold Resources (DI)TRADING ANNOUNCEMENTSCarcloTuesday October 09INTERIM DIVIDEND PAYMENT DATEAbbey Protection, Bwin.party Digital EntertainmentQUARTERLY EX-DIVIDEND DATEMarsh & Mclennan Cos Inc.FINALSCAP-XX Ltd., DotDigital Group, UtilitywiseIMSSXP Power Ltd. (DI)SPECIAL EX-DIVIDEND PAYMENT DATEInterContinental Hotels GroupTRADING ANNOUNCEMENTSMay Gurney Integrated ServicesUK ECONOMIC ANNOUNCEMENTSBalance of Trade (09:30)BRC Sales Monitor (00:01)Industrial Production (09:30)Manufacturing Production (09:30)FINAL DIVIDEND PAYMENT DATEColefax GroupWednesday October 10INTERIMSJZ Capital Partners LtdINTERIM DIVIDEND PAYMENT DATEBraime (T.F.& J.H.) Holdings, Braime (T.F.& J.H.) Holdings (Non-Voting), Dairy Farm International Holdings Ltd. (Singapore), Hongkong Land Holding Ltd. (Singapore), Jardine Matheson Holdings Ltd (Singapore), Jardine Strategic Holdingd Ltd. (Singapore), Mandarin Oriental International (Singapore), Restaurant GroupINTERIM EX-DIVIDEND DATEAmiad Water Systems Ltd, Balfour Beatty, British American Inv Trust, Cenkos Securities, Cobham, Dillistone Group, Hydrogen Group, Johnson Service Group, Keller Group, Kingfisher, Maven Income & Growth 2 VCT, Nationwide Accident Repair Services, Rightmove, SIG, Smith & Nephew, Spirax-Sarco Engineering, StatPro Group, Tesco, Travis Perkins, Unite Group, Yule Catto & CoQUARTERLY PAYMENT DATEAfrica Opportunity Fund Ltd.QUARTERLY EX-DIVIDEND DATEAssura Group Ltd., Dcg Iris Ltd Red SterlingINTERNATIONAL ECONOMIC ANNOUNCEMENTSBeige Book Fed Survey (US) (19:00)MBA Mortgage Applications (US) (12:00)Wholesales Inventories (US) (15:00)FINALSAvanti Communications GroupANNUAL REPORTGalliford TryEGMSMatrix European Real Estate Inv Trust Ltd.AGMSIPPlusFINAL EX-DIVIDEND DATEBegbies Traynor Group, CPL Resources, Daejan Holdings, Haynes Publishing Group, Hays, Murgitroyd Group, Pacific Horizon Inv Trust, Penna Consulting, Produce Investment, TP70 2008 (I) VCT, TP70 2008 (II) VCT, WolseleyThursday October 11INTERIM DIVIDEND PAYMENT DATEBerendsen, Macfarlane Group, Molins, Standard Chartered, UBM, ZotefoamsQUARTERLY PAYMENT DATEXP Power Ltd. (DI)INTERNATIONAL ECONOMIC ANNOUNCEMENTSBalance of Trade (US) (13:30)Bloomberg Consumer Confidence (US) (14:45)Consumer Price Index (GER) (07:00)Continuing Claims (US) (13:30)Crude Oil Inventories (US) (15:30)ECB Report (EU) (09:00)Import and Export Price Indexes (US) (13:30)Initial Jobless Claims (US) (13:30)Treasury Budget Statement (US) (19:00)FINALSAir Partner, WH SmithIMSSAshmore Group, GreggsAGMSAngle, Goodwin Plc, Monitise, Standard Life UK Smaller Companies TrustTRADING ANNOUNCEMENTSBurberry GroupFriday October 12INTERIM DIVIDEND PAYMENT DATEAdmiral Group, Chime Communications, Clarke (T.), Drax Group, H&T Group, IMI, Restaurant Group, Stadium Group, Tikit GroupQUARTERLY PAYMENT DATELand Securities Group, Schlumberger Ltd., Yamana Gold Inc.INTERNATIONAL ECONOMIC ANNOUNCEMENTSIndustrial Production (EU) (10:00)Producer Price Index (US) (13:30)U. of Michigan Confidence (US) (15:00)ANNUAL REPORTSmiths GroupIMSSComputacenter, Hargreaves Lansdown, Travis PerkinsSPECIAL DIVIDEND PAYMENT DATEAdmiral GroupEGMSAqua Resources Fund Ltd, Zhejiang Expressway Co 'H' SharesAGMSBailey (C.H.), Crystal Amber Fund Ltd.FINAL DIVIDEND PAYMENT DATECatalyst Media Group, Henderson Smaller Companies Inv Trust, Mid Wynd International Inv Trust, Stewart & Wight, Sweett GroupJH