Today
HSBC is expected to unveil a sharp fall in profits, as regulatory charges and lower investment banking revenues bite. The City expects a first-quarter pre-tax profit of $4.3 billion, a 39 per cent fall from a year ago.
Interims: Aberdeen Asset Management, Indivior, HSBC
AGM/EGM: Fresnillo, Starcom, Action Hotels, Randgold Resources, SVG Capital
Trading Statement: Just Eat, Fresnillo
Economics: UK: manufacturing
Tomorrow
J Sainsbury releases full-year figures. It was announced last month that the directors of Home Retail Group would unanimously recommend the acquisition of their company by the supermarket chain. The deal is expected to be completed during the third quarter of this year.
Interims: Royal Dutch Shell, Randgold Resources, Imperial Brands, Direct Line Insurance
Prelims: J Sainsbury, Avon Rubber
AGM/EGM: Spirent, Dairy Farm International, Standard Chartered St James’s Place, Royal Bank of Scotland, Virgin Money. Carillion
Trading Statement: Virgin Money, Carillion, Paddy Power Betfair, Next, Glencore, International Personal Finance, Direct Line Insurance, Intu Properties, JD Wetherspoon
Economics: UK: Construction
Thursday
Full-year results are due from BT, including latest customer numbers for its broadband and TV services. BT completed the £12.5 billion acquisition of EE, the mobile phone operator, in January and in February said that a new organisational structure would take effect from April.
Interims: Sage, Millennium & Copthorne Hotels, Inmarsat
Finals: BT
AGM/EGM: Costain, Trinity Mirror, GlaxoSmithKline, Real Estate Investors, Reckitt Benckiser, Rightmove, Gulfsands Petroleum, Personal Group Holdings, Rolls-Royce, Spirent Communications, Howden Joinery, Inmarsat, GKN, IMI, Ladbrokes, Millennium & Copthorne Hotels, Morgan Sindall
Trading Statement: Derwent London. Smith & Nephew. Provident Financial, RSA Insurance, IMI, Wm Morrison Supermarkets, Beazley
Economics: UK: PMI services
Friday
American employment figures are due. Last month’s data revealed that the unemployment rate was 5 per cent in March, while total non-farm payroll employment increased by 215,000.
Interims: Numis Corp
AGM/EGM: Morgan Advanced Materials, IHG, T Clarke, Starwood, Alliance Trust, Man Group, RSA Insurance, Capital & Counties Properties, BBA Aviation, Clarkson
Trading Statement: IAG, IHG, Capital & Counties Properties, BBA Aviation, Hastings
Economics: US: Non-farm payrolls