LONDON (ShareCast) - Supermarket titan Tesco (LSE: TSCO.L - news) gives a trading update on Tuesday and the expectations are for the
market leader to again show like-for-like (LFL) sales growth that pales in comparison with sector up-and-comer
Wm. Morrison, which last week announced a 9.2% year-on-year increase in LFL sales in the 13 weeks to 3 May.
While competitors on its home turf are getting their act together and posing a bigger threat to Tesco, the UK's biggest grocer is increasingly looking to overseas and non-food operations to drive growth.
This week the head of the Tesco Personal Finance division said the company was considering expanding into the business banking market. Meanwhile, on the mobile phone front, Tesco is going head to head with Carphone Warehouse (LSE: CPW.L - news) in offering free laptops to new subscribers.
On the same day Tesco announces its result, health and sensor group Halma (LSE: HLMA.L - news) issues final results while restaurant and hotels group Whitbread (LSE: WTB.L - news) releases a trading statement.
Halma said in February that its full-year pre-tax profit would be at the lower end of market expectations; market estimates at the time ran from £79m up to £84.5m. The main reason for the underperformance has been reduced investment by UK water utilities, which has hit revenues in Halma's Water division.
Though Whitbread's share price has, in common with most UK equities, rallied strongly since early March, the stock is set to be ejected from the list of FTSE 100 constituents, largely as a result of the shares pulling back after the company warned at the end of April of a slowdown in trade at its Premier Inn budget accommodation chain.
Monday June 15
QUARTERLY PAYMENT DATE
Cryptologic Ld, Thomson Reuters (TRI.TO - news)
FINALS
Eckoh (LSE: ECK.L - news) , Majestic Wine
EGMS
Minerva (LSE: MNR.L - news)
AGMS
Biofutures International (LSE: BIP.L - news) , Globus Maritime (LSE: GLBS.L - news) , Sweet China (Berlin: S5W.BE - news) , Tex Holdings (LSE: TXH.L - news)
FINAL DIVIDEND PAYMENT DATE
Concurrent Technologies, Healthcare Locums (LSE: HLO.L - news) , Severfield-Rowen
Tuesday June 16
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
BoJ Intrest Rates (JPN)
Capacity Utilisation (US) (14:15)
Consumer Price Index (EU) (10:00)
Housing Starts (US) (13:30)
Industrial Production (US) (14:15)
ZEW Survey (GER) (10:00)
FINALS
AssetCo (LSE: ASTO.L - news) , Halma, Record (LSE: REC.L - news)
AGMS
DDD Group (LSE: DDD.L - news) , Dexion Alpha Strategies GBP Shares, Dexion Equity Alternative (LSE: DEA.L - news) , Dexion Trading (LSE: DTL.L - news) , IFR Capital (LSE: IFR.L - news) , Premier Farnell (LSE: PFL.L - news) , Signet Jewelers, Singer & Friedlander AIM 3 VCT, Ted Baker (LSE: TBK.L - news) , Work Group (LSE: WORK.L - news) , Zenergy Power (LSE: ZEN.L - news)
TRADING ANNOUNCEMENTS
Tesco, Whitbread
UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (09:30)
Consumer Price Index (09:30)
Retail Price Index (09:30)
FINAL DIVIDEND PAYMENT DATE
Hiscox (LSE: 179095.L - news)
Wednesday June 17
INTERIM EX-DIVIDEND DATE
Driver Group (LSE: DRV.L - news) , Imperial Tobacco Group (LSE: IMT.L - news) , MWB Business Exchange (LSE: MBE.L - news) , RWS Holdings (LSE: GB0033673939.L - news)
QUARTERLY EX-DIVIDEND DATE
Land Securities Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (EU) (10:00)
BoJ Report (JPN) (06:00)
Consumer Price Index (US) (13:30)
FINALS
RPC Group (LSE: RPC.L - news) , Trifast (LSE: TRI.L - news) , Victoria
EGMS
VinaCapital Vietnam Opportunity Fund Ltd., VinaLand Ltd.
AGMS
BATM Advanced, BlackRock Smaller Companies Trust, Christie Group (LSE: CTG.L - news) , Clipper Windpower (LSE: CWP.L - news) (Reg S), Corin Group (LSE: CRG.L - news) , Densitron Technologies (LSE: DSN.L - news) , Havelock Europa (LSE: HVE.L - news) , M. P. Evans Group, Merrill Lynch FTSE100 Stepped Growth and Income Ltd. Growth Shares, NEOVIA Financial (LSE: NEO.L - news) , New Star Private Equity Inv Trust, Stobart Group (LSE: STOI.L - news) , VinaCapital Vietnam Opportunity Fund Ltd., Water Hall Group
UK ECONOMIC ANNOUNCEMENTS
BoE Interest Rate Minutes (09:30)
Claimant Count Rate (09:30)
FINAL DIVIDEND PAYMENT DATE
Cello Group (LSE: CLL.L - news) , Cineworld Group (LSE: CINE.L - news) , Eurasian Natural Resources, Shed Media (LSE: SHDP.L - news)
FINAL EX-DIVIDEND DATE
Acal (LSE: ACL.L - news) , Aurora Inv Trust, Brulines, Charles Stanley, Edinburgh Inv Trust, Elektron (LSE: EKT.L - news) , Halfords Group (LSE: HFD.L - news) , London & Stamford Property, National Express Group, Northern 3 VCT (LSE: NTN.L - news) , Octopus AIM VCT (LSE: OOA.L - news) , Perpetual Income & Growth Inv Trust, Prezzo, ProVen Growth and Income VCT, ProVen Growth and Income VCT 'C' Shares, ProVen VCT (LSE: PVN.L - news) , ProVen VCT 'C' Shares, RIT Capital Partners (LSE: RCP.L - news) , Severn Trent (LSE: SVT.L - news) , SVM UK Active Fund, Tex Holdings, Tribal Group (LSE: TRB.L - news) , United Utilities Group, Utilico Emerging Markets Ltd., Value and Income Trust, Walker Crips Group (LSE: WCW.L - news)
QUARTERLY RESULTS
Queen's Walk Investment Ltd.
Thursday June 18
INTERIM DIVIDEND PAYMENT DATE
Aberdeen Asset Management (LSE: ADN.L - news) , Noble Investments
QUARTERLY PAYMENT DATE
Addax Petroleum (AXC.TO - news)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Initial Jobless Claims (US) (13:30)
Philadelphia Fed Index (US) (15:00)
FINALS
Wynnstay Properties (LSE: WSP.L - news)
AGMS
Alea Group Holdings (Bermuda) Limited, BH Global GBP Shares, British American Inv Trust, Coca-Cola Hellenic Bottling Company SA, Consolidated Asset Management, Core VCT I (LSE: CR.L - news) , Core VCT II (LSE: CR2.L - news) , Core VCT III (LSE: CR3.L - news) , Direct Wonen, Empresaria Group (LSE: EMR.L - news) , Faroe Petroleum (LSE: GB0033032904.L - news) , Hampden Underwriting, Heritage Oil (Frankfurt: A0NG6K - news) , Highland Gold Mining, Invesco Perpetual European Absolute Return Trust, Jetion Holdings (LSE: JHL.L - news) , Pixel Interactive Media, Regal Petroleum (LSE: RPT.L - news) , Slingsby H.C, Toye and Co, Turbo Power Systems (LSE: TPS.L - news) , Volga Gas (LSE: VGAS.L - news)
UK ECONOMIC ANNOUNCEMENTS
Internet Retail Sales (09:30)
Public Sector Finances (09:30)
Public Sector Finances (09:30)
Retail Sales (09:30)
FINAL DIVIDEND PAYMENT DATE
JPMorgan Elect Managed Cash Shares, JPMorgan Elect Managed Growth Shares, JPMorgan Elect Managed Income Shares, Lamprell (LSE: LAM.L - news) , Share Plc, Unilever (Amsterdam: UNIA.AS - news)
Friday June 19
INTERIMS
Xploite
INTERIM DIVIDEND PAYMENT DATE
Aero Inventory (LSE: AI.L - news) , Carluccio's, Freshwater UK (LSE: FWUK.L - news) , ITE Group (LSE: ITE.L - news) , Lowland Investment Co., Sage Group (LSE: SGE.L - news)
QUARTERLY PAYMENT DATE
M&G Equity Inv Trust Income Shares
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
BoJ Intrest Rates Minutes (JPN) (00:50)
Producer Price Index (GER) (07:00)
AGMS
Albion Technology & General VCT, Albion Technology & General VCT 'C' Shares, Anglo-Eastern Plantations, Matica (LSE: MAT.L - news) , Mercury Recycling (LSE: MRG.L - news) , Narborough Plant, Taylor Wimpey (LSE: TW.L - news) , UK Coal (LSE: UKC.L - news) , Westminster Group (LSE: WSG.L - news)
FINAL DIVIDEND PAYMENT DATE
Carillion (LSE: CLLN.L - news) , Chime Communications (LSE: GB0001911311.L - news) , China Medical System Holdings, DataCash Group (LSE: DATA.L - news) , Derwent London (LSE: DLN.L - news) , Genetix Group (LSE: GTX.L - news) , Intertek Group (LSE: ITRK.L - news) , Invesco Perpetual European Absolute Return Trust, Kingfisher (LSE: KGF.L - news) , M. P. Evans Group, Martin Currie Portfolio Trust, Midas Income & Growth Trust, Pacific Assets Trust, Provident Financial, Quarto Group (LSE: QRT.L - news) , Ted Baker
FINAL EX-DIVIDEND DATE
China Shoto (LSE: CHNS.L - news)