View the top 7 stories to watch (23-27 May 2016) and our key company earnings schedule.
Can Marks & Spencer Rowe back to recovery?
New M&S CEO Steve Rowe will outline his turnaround plans for one of the UK's favourite retailers in Wednesday’s full-year results. Initial signs look promising, despite the tough retail outlook.
5 other events to look out for this week
1. TUE 24 MAY
Can electronics firm Best Buy keep Amazon at bay?
Retail stocks have taken the brunt of punishment since US stocks peaked in April, and Best Buy is in the eye of the storm of online competition from Amazon.
2. TUE 24 MAY
Will Hewlett Packard Enterprises better its other half?
HP Enterprises, the part of the freshly-split firm that doesn’t sell PCs, needs strong results to justify the better performance of its shares over the other half (HP, Wed).
3. WED 25 MAY
Will Zoopla’s garden smell of roses?
A rebellion among estate agents and a watchdog probe for collusion against challenger property portal OnTheMarket could prove a boon for Zoopla.
4. THU 26 MAY
Are US consumers spending again?
A surprise jump in retail sales in April suggested an early-stage US consumer comeback – will Thursday’s durable goods orders confirm the recovery?
5. FRI 27 MAY
UK and US to confirm slowing growth rates
We can expect to see the latest confirmation of a significantly weaker US economy in Q1, with a GDP number of 0.5%, while UK GDP (Thu 26) is expected to fall to 0.4%.
Selected company earnings (23-27 May)
|Monday 23 May||Results|
|Mitie Group (UK)||Full-year|
|Tuesday 24 May||Results|
|AVEVA Group (UK)||Full-year|
|Best Buy (US)||Q1|
|Big Yellow Group (UK)||Full-year|
|De La Rue (UK)||Full-year|
|Hewlett Packard Enterprise (US)||Q2|
|Helical Bar (UK)||Full-year|
|Intermediate Capital Group (UK)||Full-year|
|Severn Trent (UK)||Full-year|
|Toll Brothers (US)||Q2|
|Topps Tiles (UK)||Half-year|
|Wednesday 25 May||Results|
|Babcock International (UK)||Full-year|
|Costco Wholesale (US)||Q3|
|Great Portland Estates (UK)||Full-year|
|Lions Gate Entertainment (US)||Q4|
|Marks & Spencer (UK)||Full-year|
|NewRiver Retail (UK)||Full-year|
|Tiffany & Co (US)||Q1|
|Thursday 26 May||Results|
|Abercrombie & Fitch (US)||Q1|
|Daily Mail & General Trust (UK)||Half-year|
|Dollar General (US)||Q1|
|Palo Alto Networks (US)||Q3|
|Pets at Home (UK)||Full-year|
|Signet Jewelers (US)||Q1|
|Tate & Lyle (UK)||Full-year|
|Ulta Salon Cosmetics & Fragrance (US)||Q1|
|United Utilities (UK||Full-year|
|Friday 27 May||Results|
Company announcements are subject to change. All the events listed above were correct at the time of writing.
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