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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Banks

Lloyds Bank, Rolls-Royce, Rio Tinto the standouts in big corporate week ahead

Company news takes over again after last week's burst of macro updates with banks and miners set to dominate mid-week, though Rolls-Royce's update on Thursday might be the most watched.

NatWest kicked off the bank season with bumper profits on Friday.

More of the same is expected from its rivals though with the UK car finance probe and merchant bank profits under pressure, Lloyds and Barclays respectively have their issues.

Dividend disappointment will be on the menu for some of the miners while the thoughts on the outlook for bulk metals prices given China's economic struggles will be the comments to watch.

US markets are closed on Monday.

Monday 19 February

Moneysupermarket's 2023 performance will be driven by insurance and travel suggests Peel Hunt. Revenues should rise by 9% to £421m and underlying profits by 12% to £129m... read the preview

Announcements due

Interims: Transense Technologies (AIM:TRT) PLC, Wilmington PLC

Finals: Bank Of Cyprus Holdings PLC, Moneysupermarket.com (LSE:MONY) Group PLC

AGMs: Residential Secure Income PLC (LSE:RESI)

Tuesday 20 February

Barclays results will be accompanied by the outcome of a strategy review with some brokers expecting a commitment to big buybacks in the future plus to the volatile investment bank... read the preview

Holiday Inn owner Intercontinental Hotels Group PLC has seen its market value jump by a third since November, but a full-year update will offer new boss Elie Maalouf a chance to stamp his mark... read the preview.

Announcements due

Interims: Petra Diamonds, Springfield Properties PLC (AIM:SPR)

Finals: Barclays PLC (LSE:BARC), Coca-cola European Partners PLC, Gran Tierra Energy Inc (TSX:GTE, LSE:GTE, NYSE-A:GTE, ETR:G1P), Intercontinental Hotels Group PLC (LSE:IHG), Antofagasta PLC (LSE:ANTO), Plus500 Ltd (LSE:PLUS)

US earnings: Medtronic PLC (NYSE:MDT, ETR:2M6), Home Depot Inc (NYSE:HD, ETR:HDI), Walmart Inc (NYSE:WMT, ETR:WMT), Palo Alto Networks Inc (NYSE:PANW, ETR:5AP), Teladoc (NYSE:TDOC) Health Inc

AGMs: Abrdn Equity Income Trust PLC, Carr's Group PLC, Duke Royalty Ltd (AIM:DUKE), Dewhurst (AIM:DWHT) Group PLC

Wednesday 21 February

A big day sees a string of heavyweights led by the big miners and super giant bank HSBC.

HSBC's costs and bad debts in China will be closely monitored... read the preview

Glencore and Rio Tinto are tipped for solid enough results but this year might be trickier ... read the preview

How Tate & Lyle is reacting to the new wave of weight-loss drugs such as Wegovy will be worth noting...read the preview

Announcements due

Trading updates: Tate & Lyle PLC (LSE:TATE)

Interims: Feedback PLC (AIM:FDBK)

Finals: BAE Systems PLC (LSE:BA.), Creston PLC, Glencore PLC (LSE:GLEN), HSBC Holdings PLC (LSE:HSBA), Riverstone Credit Opportunities Income PLC (LSE:RCOI), Rio Tinto PLC, Conduit Holdings Ltd (LSE:CRE)

US earnings: Etsy Inc (NASDAQ:ETSY, ETR:3E2), Jackson Financial Inc, Lucid Group Inc (NASDAQ:LCID), NVIDIA Corp (NASDAQ:NVDA, ETR:NVD), Rivian Automotive Inc (NASDAQ:RIVN)

AGMs: Foresight Sustainable Forestry Company PLC (LSE:FSF), Gooch & Housego PLC (AIM:GHH), Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF)

Economic announcements: Public Sector Net Borrowing (UK), MBA Mortgage Applications (US)

Thursday 22 February

Wealth platform Hargreaves Lansdown is still feeling the impact of the FCA's 'idle cash' probe ... read the preview

Lloyds Bank has had a good year by all reports, but will the car finance investigation underway sour the mood...read the preview

Rolls-Royce meanwhile is on course for stellar results, say analysts... read the preview

Announcements due

Interims: Genus PLC (LSE:GNS), Hargreaves Lansdown PLC (LSE:HL.), Hays PLC (LSE:HAS), Pantheon International PLC (LSE:PIN), Sylvania Platinum (ASX:SLV) Ltd

Finals: Anglo American PLC (LSE:AAL), Hikma Pharmaceuticals PLC (LSE:HIK, OTC:HKMPF), Indivior PLC (LSE:INDV), Jupiter Fund Management PLC (LSE:JUP), Lloyds Banking Group PLC (LSE:LLOY), Mondi PLC (LSE:MNDI), Morgan Sindall Group PLC (LSE:MGNS), Rolls Royce Holdings PLC, WPP PLC (LSE:WPP), Me Group International PLC (LSE:MEGP)

US earnings: Fiverr International Ltd, Keurig Dr Pepper Inc (NASDAQ:KDP), Moderna Inc (NASDAQ:MRNA, ETR:0QF), Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM), Block Inc (NYSE:SQ), Intuit Inc (NASDAQ:INTU, ETR:ITU)

AGMs: Bankers Investment Trust PLC (LSE:BNKR), ME Group International PLC, Narf Industries PLC (LSE:NARF), RWS Holdings (AIM:RWS) PLC, Spiritus Mundi PLC (LSE:SPMU), Sunrise Resources PLC (AIM:SRES)

Economic announcements: S&P PMI (UK), Continuing Claims (US), Initial Jobless Claims (US), Inflation (EU)

Ex-dividend to reduce FTSE 100 by: 16.40 points

Friday 23 February

Warren Buffett's Berkshire Hathaway updates on Friday with the legendary investor delivering the first set of numbers without lifelong business partner Charlie Munger who died in November.

Announcements due

Interims: City of London Investment Group (AIM:CLIG) PLC

Finals: Afarak Group PLC (LSE:AFRK), Allianz Technology Trust PLC (LSE:ATT), Jupiter Fund Management PLC, Standard Chartered PLC (LSE:STAN)

US earnings: Berkshire Hathaway Inc (NYSE:BRK.B)

AGMs: Bluebird Merchant Ventures Ltd, Blencowe Resources PLC (LSE:BRES), Chemring Group (LSE:CHG) PLC, Caledonian Trust (AIM:CNN) PLC, Marble Point Loan Financing Ltd (LSE:MPLS)

Economic Announcements: GFK Consumer Confidence

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK