Wednesday preview: Ferrexpo, Avanti Communications

Results season may have kicked off in the US by the time Wednesday comes around but in the UK it looks like companies are taking a bit of a breather.

Ferrexpo, the Ukraine-focused iron ore pellet producer, issues a third quarter production update which will keep the number crunchers busy for a few minutes but is unlikely to contain too much drama.

Satellite operator Avanti Communications issues full year results with the market expecting a loss before tax of £9.4m on revenue of £17.3m.

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The group recently launched its second satellite which it hopes will rake in big profits providing data services to emerging markets.

Switching to the economy, the big event is the US Federal Reserve's summary of commentary on current economic conditions, although it is hard to get excited about a survey commonly referred to as the Beige Book.

The survey provides anecdotal evidence on the US economy from the 12 Federal Reserve districts.

INTERIMS

JZ Capital Partners Ltd

INTERIM DIVIDEND PAYMENT DATE

Braime (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 Group

INTERIM EX-DIVIDEND DATE

Amiad 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 & Co

QUARTERLY PAYMENT DATE

Africa Opportunity Fund Ltd.

QUARTERLY EX-DIVIDEND DATE

Assura Group Ltd., Dcg Iris Ltd Red Sterling

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Beige Book Fed Survey (US) (19:00)

MBA Mortgage Applications (US) (12:00)

Wholesales Inventories (US) (15:00)

FINALS

Avanti Communications Group

ANNUAL REPORT

Galliford Try

EGMS

Matrix European Real Estate Inv Trust Ltd.

AGMS

IPPlus

FINAL EX-DIVIDEND DATE

Begbies 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, Wolseley

JH