Vodafone (GBp 172.95 ; -0.77% ; VOD ; VOD.L)
On Tuesday, Vodafone, the UK mobile telecommunications company, may release 1H pre-tax profit of £5.04B compared with £8.2B a year ago on sales of £23.4B vs £22.6B. Earlier, Turkish regulator has approved the acquisition of Koc Holding by the Co. From a chartist point of view, Vodafone is still bullish thanks to the confirmation of a reversal pattern in diamond. The next up target is 184p as long as prices are above 163p.
HSBC (GBp 540 ; -4.48% ; HSBA ; 0005.HK)
On Wednesday, HSBC is expected to deliver 3Q pre-tax profit of $5.7B compared to $3.5B last year. Recently, the bank planned to expand its commercial lending and wealth management businesses in Canada. Earlier, the Co to reduce costs by shutting down two of its branches in Jordan. From a technical view, the stock price might be well forming a ST bottom pattern. As long as 515p is not broken, look for further advance towards 600p.
Walt Disney (USD 34.76 ; -4% ; DIS ; DIS.N)
On Thursday, Walt Disney could unveil 4Q EPS of $0.55 compared to $0.45 a year earlier on sales of around $10.4B vs $9.7B. Early this month, the Co announced a plan to open its first store in China in 2012. Earlier, the Co agreed to purchase a 49% stake in a Russian network, Seven TV to expand its channel. From a technical view, the share holds above its major support at $33, and should post a ST consolidation before further upsides to $36.6 and then to $37.5.
Siemens (EUR 74.05 ; -5.29% ; SIE ; SIEGn.DE)
The same day, Siemens, an engineering and manufacturing company, may release FY net income of E6.7B compared with E3.9B a year ago on sales of E73.2B vs E76B. Last week, the Co signed a contract to buy MobileMD, a health information exchange developer. Earlier, the Co raised its stake in UK's Marine Current Turbines Ltd. to 45%. From a technical point of view, the configuration is mixed confined between a bearish gap on November 1st and the support threshold @ E71.
Richemont (CHF 47.77 ; -4.94% ; CFR ; CFR.VX)
On Friday, Richemont is expected to post 1H net income of E653M compared with E644M a year ago on revenues of E4.1B vs around E3.3B. From a technical point of view, the shares remain under pressure below E50, and seem likely to continue to consolidate in the coming days. Nevertheless, the level at E45.5 now plays as a key support role and should be tested, if breakout, look for a new pullback towards 43.
Selection of those events which may affect the stock prices of international Large Caps