BUSINESS HEADLINES this week will be dominated by company results. Paddy Power and Kingspan take centre stage today when they announce their results for 2007, while CRH, Total Produce, FBD, Glanbia and McInerney Holdings are due to release figures later in the week.
Anglo Irish Bank releases a trading statement on Thursday covering its performance in the first half of the year to the end of March 2008. Meanwhile, the European Central Bank (ECB) meets on Thursday, but an interest rate change is believed to be unlikely.
TODAY
RESULTS:HSBC, Kingspan, Paddy Power, Readymix.
INDICATORS: EU Manufacturing PMI (Feb) and Flash HICP (February); US construction spending (Jan), ISM manufacturing (Feb) and vehicle sales (Feb); UK CIPS manufacturing PMI (Feb).
OTHER:Minister for Enterprise Micheál Martin to announce an IDA Ireland-supported investment (Faithlegg House, Waterford); Postbank Fortis Investments global markets briefing with leading international fund manager William de Vijlder, chief investment officer, Fortis (Westin Hotel, Dublin).
TOMORROW
RESULTS:CRH, Heelys, Premier Foods, Provident Financial, Sportingbet, Total Produce, Travis Perkins, Veris.
INDICATORS:EU Ecofin Meeting, GDP (Q4) and PPI (Jan); Irish exchequer returns (Feb); Bank of Canada interest rate announcement; Royal Bank of Australia interest rate announcement.
OTHER:Chambers Ireland's Sourcing in China workshop, followed by launch of the International Trade Skillnet by Revenue Commissioner Josephine Feehily (Radisson SAS Royal Hotel, Golden Lane, Dublin); Minister for Communications Éamon Ryan to address inaugural Independent Broadcasters of Ireland conference (Four Seasons Hotel, Ballsbridge, Dublin); eBay Ireland seminar with SFA National Centre for Excellence "Learn How to Compete Online" - first of 10 meetings designed for SME's (Stillorgan Park Hotel, Dublin); Citi Quilter presentation - investment commentary (Culloden Estate and Spa, Bangor Road, Holywood, Co Down); Deloitte Finance Bill Breakfast (Four Seasons Hotel, Ballsbridge).
WEDNESDAY
RESULTS:Dragon Oil, FBD, Glanbia, ITV, RPS
INDICATORS:EU services PMI (Feb) and retail sales (Jan); Irish quarterly national household survey (Q4, 2007); US ADP employment report (Feb), labour costs (Q4), factory orders (Jan), ISM non-manufacturing (Feb) and Fed Beige Book; UK CIPS services PMI (Feb).
OTHER:UCD's Smurfit and Quinn Business Schools host "IFSC 2.0 - The Next Phase", (Institute of Bankers, IFSC, Dublin); Enterprise Ireland's annual "High Potential Start-up Showcase"; OECD environmental outlook to 2030 (Oslo); CIPD organised seminar "The Achievement Edge" (Hilton Hotel, Dublin).
THURSDAY
RESULTS:Akzo Nobel, Blockbuster, McInerney, Parmalat, Quiksilver, Reuters, Urban Outfitters
MEETINGS:National Lottery AGM
INDICATORS:ECB interest rate announcement; US initial jobless claims (w/e 1st March) and pending home sales (Jan); Bank of England interest rate announcement; German industrial orders (Jan); French ILO unemployment (Q4); Japanese leading indicators (Jan).
OTHER:Friends First quarterly economic outlook - "How robust is Ireland's foreign direct investment model?" to be presented by chief economist Jim Power (Merrion Hotel, Dublin); Anglo Irish Bank trading statement.
FRIDAY
RESULTS:Fortis, Wetherspoon
INDICATORS:Irish live register (Feb); US non-farm payrolls (Feb) and consumer credit (Jan); German industrial production (Jan); Bank of Japan monthly report and interest rate announcement.
