DIARY - Global Company News Preview - Week ending June 26

Fri Jun 19, 2009 6:37pm EDT
 
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 June 19 (Reuters) - Here are the top 5 global company news stories and
scheduled events for the week ending June 26,
2009. The diary is arranged by industry sector. It's compiled by the Reuters
company news editors for news planning.
 For major company news diaries, please see:
 S&P 500 earnings  - weekly                 [SP500/WK]
 Non S&P 500 earnings - weekly              [NSP500/WK]
 The Day Ahead - US equities                [DAY/US]
 Western European company events            [WEU/EQUITY]
 Asia company earnings                      [ASIA/EQTY]
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 TOP STORIES IN THE WEEK ENDING JUNE 26
 * Reuters Global Real Estate Summit (22-24)
 * M&A end-of-quarter stats from Thomson Reuters Research (26)
 * Toyota's new president takes over (AGM 23, news conference 25), Nissan
   AGM (23)
 * Results: Oracle Q4 (23), Palm Q4 (25)
 * OECD conference on tax havens in Berlin (23)
 SCHEDULED EVENTS IN THE WEEK ENDING JUNE 26 (Dates in parenthesis)
 FINANCIAL
 -Merrill Lynch/Cap Gemini release World Wealth Report, the top annual
report on private banking (24).
 -OECD conference on tax havens in Berlin (23). German and French finance
ministers host meeting of OECD states to discuss progress on cracking down on
tax havens. A follow-up to a meeting last October in which German FinMin
Steinbrueck enraged Switzerland by saying it should be put on a tax havens
blacklist (it ended up on a "grey list"). Steinbrueck and French budget
minister Woerth due to hold news conference at 1100 GMT.
 -UK Treasury  to release white paper on banking regulation, precise date to
be confirmed. FSA Chairman Turner (23) and BoE Governor King (24) among
attendees due before politicians at UK Treasury Select Committee on bank
regulation.
 -Fed Chairman Ben Bernanke testifies at House Oversight and Government
Reform Committee hearing on Bank of America's deal to buy Merrill.(25)
 -Private equity investors at Dow Jones' LP summit in New York (23-24).
Pension fund investors attending include AXA Private Equity and head of Irish
National Pensions Reserve.
 DEALS
 -MTN, Johannesburg (24) Africa's biggest cellular operator holds AGM,
likely to be latest news on possible deal with Bharti.
 -Deadline (22) for CF Industries shareholders to tender shares to
fertilizer maker Agrium, which has made hostile bid.
 -Three deals are set to price next week in the busiest week in the U.S. for
 IPOs since April 2008. Two of those deals are by Chinese companies -- water
treatment equipment supplier Duoyuan and chemicals maker Chemspec-- and a third
is by U.S. medical software maker Medidata Solutions, in the latest test of
whether investors' appetite for risk is gradually returning. The Chinese deals
both will price (23), while Medidata's IPO will price (24).
 -M&A end-of-quarter stats: ThomsonReuters research to issue (26)
end-of-quarter data on who was up and who was down in the banking industry in
what was likely the quietest quarter for dealmaking in several years.
 RESOURCES
 -Tata Steel (TISC.BO), world's sixth largest steel maker, reports
consolidated FY09 results (25).
 -India's biggest oil explorer ONGC Ltd (ONGC.BO) reports Jan-March quarter
(Q4) and annual results (24).
 -Steel Survival Strategies conference in New York (23-24). Among the
executives attending are those from U.S Steel, ArcelorMittal and AK Steel.
 -Coal USA 2009 conference in New York (24-25), key executives from
companies such as Peabody, Arch Coal and Massey Energy expected to attend.
 -Bankers, venture capitalists and private equity players in New York at the
Renewable Energy Finance Forum to hash out techniques to revive funding for the
renewable energy sector (23).
 -Monsanto Q3 (24)
 TMT
 -Oracle Corp posts quarterly results (23), key tech company outlook will be
important, also chance to grill company executives on plans for the pending $7
billion acquisition of hardware maker Sun Microsystems Inc.
 -Palm Inc reports Q4 results (25). While the quarter ended just before the
launch of Palm's closely watched new Pre phone, shareholders want information
about other products and hunger for details of Pre sales and forthcoming new
phones using Palm's WebOS software.
 -Cannes Lions advertising fair (24-26). Top speakers include Microsoft CEO
Steve Ballmer, Google CEO Eric Schmidt, Martin Sorrell, CEO of the world's
biggest advertising agency WPP, and Maurice Levy, CEO of French advertising
agency Publicis, amid speculation the company may be about to go on an
acquisition spree after raising 625 million euros through a convertible bond.
 -Panasonic (6752.T) AGM (25) update on regulatory approval for acquisition
of Sanyo.
 -Pioneer (6773.T) AGM (25), likely to be questioned by shareholders on
reported plans to sell stake to government.
 ECONOMY
 -Reuters Global Real Estate Summit (22-24) in London, New York, Singapore
are main hubs for the summit. About 30 major figures from the real estate
industry are speaking in our offices around the world. Global themes include
how much further can prices fall in key U.S. and European markets, how badly
will the bank be hit, who is poised to buy at distressed levels, what role will
pension funds play in real estate investment in next few years?
 -Retail: annual results from two of Europe's biggest electrical goods
retailers -- Kesa (24) and DSG (25).
-Fashion retailer H&M (25) first-half results, opportunity to compare and
contrast with Inditex's Q1 last week.
 -The Business Roundtable in the U.S. releases its quarterly CEO outlook
survey (23). Its CEO Economic Outlook Index has been plumbing record lows this
year, but investors now looking for signs the economy may be reaching a
bottom.
 -Walgreen Q3 earnings (22), Kroger Q1 (23), Bed Bath & Beyond (24), Nike
earnings (26)
 AUTOS/AEROSPACE
 -Toyota Motor Corp (7203.T) news conference on new management structure
(25). This is the first chance to hear from new president Akio Toyoda and the
other top executives (who will be confirmed at AGM on 23rd) on what they aim to
change and achieve. Four of the five executive vice presidents will be new to
the post, while a former EVP will be returning to head Toyota's North American
operations.
 -Nissan Motor Co (7201.T) shareholders meeting (23) in Yokohama City,
followed by CEO Carlos Ghosn press conference. Will be looking for Ghosn's
outlook for recovery in the next year, financing situation, competition vs
Toyota and Honda in the absence of a mass-volume hybrid strategy.
 -Airbus (23) -- the world's top aircraft maker, a unit of Europe's EADS,
holds a launch ceremony in Tianjin featuring the inaugural flight of the first
A320 to be assembled at its new joint venture plant. Airbus' CEO and French
finance minister due to attend.
 -Scheduled start of General Motors asset sale hearing (25), with company
seeking approval for sale of majority of its assets to a group led by the U.S.
government, U.S. Bankruptcy Court, Manhattan.
 HEALTH
 -Biotech: Piper Jaffray annual conference in London (23-24) - focus on UK
biotechs, including GW Pharma, Renovo, Axis Shield.
 -FDA releases documents for Ista/ River Plate eye drugs (24) ahead of
advisory panel meeting (26).
-First meeting of FDA task force studying how agency can make decisions more
transparent (24).
 For questions and feedback, please e-mail
 martin.howell@thomsonreuters.com

 

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