For a relatively small part of the business, Rentokil Initial's often troublesome courier service, City Link, does seem to soak up a disproportionate amount of attention, and that may be the case again on Friday when the group makes a trading update.
The good news for shareholders, however, is that management seems to be getting a grip on the situation at last.
Inter-dealer broker Tullett Prebon's interim management statement may be a downbeat affair, as the first half of the financial year saw a fall off in revenue. The silver lining was a statement about signs of a bit of a pick-up towards the end of the reporting period, so the focus will be on whether that trend continued into the third quarter.
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INTERIM DIVIDEND PAYMENT DATE
Capital Lease Aviation, Cobham, Huntsworth, Hydrogen Group, Johnson Service Group, Maven Income & Growth 2 VCT, office2office, Rightmove, Spectris, Spirax-Sarco Engineering, Staffline Group, Unite Group
QUARTERLY PAYMENT DATE
British Land Co
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (GER) (07:00)
Import and Export Price Indexes (US) (13:30)
U. of Michigan Confidence (Prelim) (US) (15:00)
Wholesales Inventories (US) (15:00)
Q3
Hellenic Telecom Industries SA ADS, International Consolidated Airlines Group SA (CDI)
GMS
Tangent Communications
IMSS
Beazley, EnQuest, Rolls-Royce Holdings, Tullett Prebon
SPECIAL DIVIDEND PAYMENT DATE
TR European Growth Trust
AGMS
Amur Minerals Corporation NPV, Jupiter Energy Ltd
TRADING ANNOUNCEMENTS
Rentokil Initial
FINAL DIVIDEND PAYMENT DATE
Daejan Holdings, JPMorgan Mid Cap Inv Trust, TR European Growth Trust
JH
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How to use mid-caps to diversify from the USMedium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.
