Friday preview: Charles Taylor, mortgage lending, consumer confidence
A week dominated by the Budget looks set to end on a quiet note, with few heavy hitters from the corporate world expected to make announcements.
A week dominated by the Budget looks set to end on a quiet note, with few heavy hitters from the corporate world expected to make announcements.
Insurance consultancy firm Charles Taylor issued a profit warning back in January after slightly higher fourth quarter costs in the Management Services business and a quieter end to the year in Adjusting Services.
The stock is not exactly followed by a host of brokers, so consensus forecasts might be less reliable than for better covered companies, but the word on the street is that 2011 sales will be flat at £101m, while profit before tax is tipped to dip to £9.6m.
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On the economic front, Nationwide Consumer Confidence data is out shortly after midnight while mortgage lending figures from the British Bankers Association are due to be released at 9:30.
The Nationwide index for February is expected to be unchanged from January at 47, while the mortgage approvals figure for February is seen easing to 37,250 from 38,092 in January.
INTERIM DIVIDEND PAYMENT DATE
Foresight VCT, Hargreaves Services, Medusa Mining Ltd. (DI), Ruffer Investment Company Ltd., SSE
QUARTERLY PAYMENT DATE
Bank of America Corp., Duet Real Estate Finance Ltd
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
New Homes Sales (US) (14:00)
GMS
Macquarie Korea Infrastructure Fund GDRS
FINALS
Charles Taylor Consulting, Inspired Energy, Phoenix Group Holdings (DI), Robinson, Tawa
ANNUAL REPORT
Aegon NV, Coca-Cola HBC S.A., Elementis, Jarvis Securities, Lloyds Banking Group, Provident Financial
SPECIAL DIVIDEND PAYMENT DATE
easyJet
AGMS
Income & Growth VCT , Lotte Shopping Co. Ltd Regs/144a, St. Modwen Properties
UK ECONOMIC ANNOUNCEMENTS
BBA Mortgage Lending Figures (09:30)
FINAL DIVIDEND PAYMENT DATE
Brunner Inv Trust, Driver Group, easyJet, LPA Group
jh
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