Friday, December 14, 2012

The week ahead...

As stock exchanges ease towards the Christmas break there will be little major corporate news, but economic releases may keep investors on their toes.

Monday 17 December

Once again Monday will prove a quiet one, with no big economic or corporate news in the diary.

Trading statements

Aggreko.

AGM/EGM

PROACTIS Holdings, Churchill Mining.

Tuesday 18 December

Keller Group (KLR) will release a pre-close update on Tuesday.

Recent news: Keller's November interim management statement indicated strong trading in the four months to October. Progress was being driven by its North American operations which was benefiting from "gradual improvement in construction markets". Asia was also trading well, Australia is ahead of last year and emerging markets were resilient.

Analysts' expectations: Analysts at Panmure Gordon comment: "While many of its end markets remain difficult, early action on costs and improving efficiency is working. We expect confirmation of a good year with the pre-close update. We also upgrade our forecasts and target price to reflect this improvement.

"Following the November interim management statement we belatedly update our forecasts. Our new 2012 full-year pre-tax profit is

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