Week ahead: Aviva, L&G, 888, Rank, Walmart, Cisco, UK inflation

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Blue-chip results season is tailing off but there are still some big swingers filing their results on both sides of the Atlantic, including income hunters’ favourites Aviva and L&G in London, and Walmart and Cisco in the US.

Also representing the insurance sector in the week are Just Group and Admiral, while another theme is gambling, with William Hill owner 888 and Grosvenor casino owner Rank Group.

UK inflation data on Wednesday will be the big macroeconomic news of the week, along with US retail sales and industrial production data. 

 

Monday 14 August

Company previews:

There are a few starters for investors to nibble at on Monday, with online broker Plus500 one of those reporting interim numbers – where analysts say strategic updates provide the interest… read the preview.

Others due to report:

A trading update from Lok’nStore Group PLC, interims from CentralNic Group PLC (AIM:CNIC) and Global Invacom Group (AIM:GINV) Ltd, and finals from Darktrace PLC (LSE:DARK).

AGMs: Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF)

 

Tuesday 15 August

Company previews:

First off the block among the life insurers is Legal & General Group PLC (LSE:LGEN), where the interim results offer the possibility of a new share buyback announcement… read the preview.

As for 888 Holdings PLC (LSE:888), its interims come after a turbulent time, with investors hoping the recent appointment of a new seasoned chief executive heralds the turning of a new chapter… read the preview.

Also due to report:

Trading updates: Kenmare Resources plc (LSE:KMR)

US earnings: The Home Depot Inc

Interims: ConvaTec Group PLC (LSE:CTEC), Georgia Capital plc, Just Group PLC (LSE:JUST), Kenmare Resources plc, MTI Wireless Edge, 888 Holdings PLC

AGMs: Challenger Energy Group PLC (AIM:CEG, OTC:BSHPF), Primorus Investments (AIM:PRIM) plc

Economic announcements: Claimant Count Rate (UK), Unemployment Rate (UK), Import and Export Price Indices (US), Retail Sales (US), Retail Sales Less Autos (US), Business Inventories (US)

 

Wednesday 16 August

Company previews:

Half-year figures from Aviva PLC (LSE:AV.) are likely to see investors and analysts zeroing in on the impact of Canadian wildfires, with some also hoping for a revival of its recently completed share buyback …read the preview.

Also due to report:

Interims: Balfour Beatty plc (LSE:BBY), Essentra PLC (LSE:ESNT), Marshalls PLC (LSE:MSLH), Restore Plc (AIM:RST) and Admiral Group PLC.

US earnings: Cisco Systems (NASDAQ:CSCO) Inc

AGMs: Cadence Minerals PLC (AIM:KDNC), Calnex Solutions PLC (AIM:CLX), NextEnergy Solar Fund Ltd (LSE:NESF), Streaksai Plc

Economic announcements: Consumer Price Index (UK), Producer Price Index (UK), Retail Price Index (UK), MBA Mortgage Applications (US), Building Permits (US), Housing Starts (US), Capacity Utilisation (US), Industrial Production (US), Crude Oil Inventories (US)

 

Thursday 17 August

Company previews:

Mecca Bingo-owner Rank Group PLC (LSE:RNK) reports preliminary full-year results on Thursday as interest in the ball-based betting activity skyrockets.…read the preview.

Also due to report full-year results is ITM Power, while those reporting interims include Bank Of Georgia Group Plc, Empiric Student Property PLC (LSE:ESP), Intelligent Ultrasound Group PLC (AIM:MED), Windward Ltd (AIM:WNWD), Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF).

US earnings: Walmart Inc (NYSE:WMT), Applied Materials Inc, Tapestry Inc (NYSE:TPR)

Ex-dividends will reduce the FTSE 100 by: 6.77.

AGMs: Harvest Minerals Ltd (AIM:HMI, OTC:HMIFF)

Economic announcements: Continuing Claims (US), Initial Jobless Claims (US), Philadelphia Fed Index (US)

Friday 18 August

Company previews:

Kingspan Group PLC (LSE:KGP) results will be all about the outlook and whether profit guidance has been upped…read the preview.

Elsewhere on Friday, apart from UK consumer confidence and retail sales data, it’s expected to be pretty quiet. Some US earnings are expected on the day, from Deere & Co, The Estee Lauder Companies Inc, XPeng Motors, Palo Alto Networks Inc (NYSE:PANW).

AGMs:

Adams PLC (AIM:ADA)

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