Wednesday preview: Carillion, Genus, Topps Tiles

Tomorrow is Independence Day in the USA, so US markets will be closed but there should be plenty of news back in Blighty to keep traders occupied.

Tomorrow is Independence Day in the USA, so US markets will be closed but there should be plenty of news back in Blighty to keep traders occupied.

Support services firm Carillion brings out a pre-close trading statement. Broker Peel Hunt says it is concerned that Middle East construction, which accounts for 20% of estimated earnings before interest and amortisation for 2012 is becoming more second-half weighted, "with margins falling back to 6% more quickly."

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.