DJ EUROPEAN MORNING BRIEFING: Market Momentum To Continue

US SUMMARY: Stocks Rally Again On Robust Earnings

DJIA 12163.66 gain 28.98 up 0.2%
NASDAQ 2379.10 gain 22.51 up 1.0%
S&P 500 1389.08 gain 6.86 up 0.5%
Dow Future 12179.00 loss 10.00 dn 0.1%
NASDAQ Future 1752.50 loss 1.00 dn 0.1%
S&P Future 1391.25 loss 1.75 dn 0.1%
Euro-USD 1.2702 gain 0.0008 up 0.06%
10-Yr US Treasury: 4.72% down 0.05
(Futures values, Treasury, EUR/USD Data as of 0450 GMT)
Wall Street extended its rally Thursday as robust earnings at Exxon Mobil Corp. and Aetna Inc. helped ground investors as they tried to reconcile divergent economic data. Treasurys gained, while oil and the dollar slumped.

STOCKS: The Dow Jones industrials, lifted in part by component Exxon Mobil, had their fourth consecutive record high close. The generally upbeat earnings reports of the past two weeks have helped power the blue chips as well as the rest of the stock market. Thursday's batch of earnings also helped investors digest a pair of government reports that suggested an economic soft landing might be harder to achieve.

"Things on the horizon are becoming less and less visible," said Hugh Moore, a partner with portfolio manager Guerite Advisors.

He said the economic reports point to a "slow, grinding deceleration," but for the moment stock investors are trading on optimism. This contributed to Thursday's erratic trading - stocks spent most of the session in negative territory before a late-day rally.

Further direction about the economy will come from Friday's release of gross domestic product estimates for the third quarter.

Higher oil prices throughout most of the third quarter helped Exxon Mobil report a profit of $10.49 billion during the period, the second largest quarterly profit ever for a U.S. company.

Microsoft Corp. reported after the markets closed that its fiscal first-quarter profit surpassed Wall Street projections. However, the software maker's expectations for the second quarter fell flat. Shares rose 4 cents to close at $28.35, but fell 10 cents in after-hours electronic trading.

Red Hat Inc. shares plummeted 24 percent after rival Oracle Corp. said it will offer low-cost technical support for Red Hat's Linux software.

Shares of Sun Microsystems Inc. fell 0.7% after reporting in line fiscal first-quarter results.

FOREX: The dollar, which opens mixed in Europe, weakened Thursday as market sentiment remains negative after the Federal Reserve expressed less concern over inflation than many had expected in its policy statement Wednesday.

The market will now turn its attention to a third-quarter GDP report, which is expected to show that U.S. growth slowed to a 2.2% rate from 2.6% in the second quarter. Without a surprisingly strong number, the dollar is likely to remain weak.

BONDS: Treasurys rose Thursday after weak housing value data. New home sales unexpectedly rose by 5.3% in September to an annualized rate of 1,075,000. But this was coupled with a 9.7% drop in the prices of those homes - the largest annual drop since December 1970.

"The outstanding feature of this report is the 9.7% drop in median house prices, which is massive," said David Ader, Treasurys strategist at RBS Greenwich Capital.

"This is two months of price declines - it's a clear theme," he added.

Taking this along with Thursday's lackluster durable goods orders report for September, "you've got a very sound fundamental basis for the type of (market) move we've had," Ader said.

GDP figures will make the difference for Treasurys Friday.

OIL: Futures fell Thursday on a drop in natural gas and heating oil prices and a sell-off by some traders locking in gains made when crude hit a three-week high Wednesday. December light, sweet crude contract on the New York Mercantile Exchange fell $1.04, or 1.7%, to $60.36 a barrel.

ASIAN SUMMARY: Markets Mixed; ICBC Shares Soar After IPO

USD-Yen 118.47 gain 0.09 up 0.1%
AUD-USD 0.7644 loss 0.0001 dn 0.01%
Nikkei 225 16662.59 loss 149.00 dn 0.9%
Hang Seng 18446.46 gain 92.72 up 0.5%
S&P/ASX 200 5326.10 loss 34.50 dn 0.5%
Taiwan Index 7103.40 gain 22.56 up 0.3%
S.Korea Kospi 1365.69 loss 7.96 dn 0.6%
(All values as of 0450 GMT)
STOCKS: Asian stocks were mixed Friday, with Japan's Nikkei Average edging lower on weakness in blue-chip financial Mitsubishi UFJ, although gains in Honda Motor Corp. and electronics giant Sony Corp. helped to cushion broader losses.

In Australia, shares dropped on a profit warning from Boral and a warning that the drought will cut 0.7 percentage points from fiscal 2007 GDP. "There's been some profit-taking on materials," said Justin Gallagher, head of Sydney sales trading at ABN AMRO. "But it's not a bad thing to see a bid of consolidation."

Shares of Industrial & Commercial Bank of China soared Friday as China's largest lender launched its initial public offering - the world's biggest ever - in Hong Kong and Shanghai. It raised a record $21.9 billion (EUR17.4 billion), beating the previous record, an $18.4 billion IPO by Japanese mobile phone company NTT DoCoMo Inc. in 1998.

FOREX: Traders look for the dollar to hold in the range of Y118.20 to 118.80 ahead of U.S. GDP figures due at 1230 GMT.

BONDS: Prices of Japan's government bonds gained slightly, after the government reported that core consumer inflation rose 0.2% against 0.3% expected. "The CPI rules out a rate hike this year but isn't enough that we rule out a rate hike in the January to March period. So the impact of the CPI is limited to short-covering," a dealer explained.

METALS: Spot gold, now down $1.30 at $595.25, has to contend with currency movements, in addition to oil. The weaker dollar reflects a slumping U.S. housing market for now, but markets need more evidence that U.S. demand overall will weaken enough to curb inflation. In base metals, copper was little changed as attention turned to more promising prospects, such as for zinc.

OIL: Futures rose 24 cents to $60.60 on Friday, partially recovering from a sell-off by some traders who took profit made when crude surged earlier this week.

EUROPEAN OUTLOOK: Investors May Take Stocks Higher

Euro-USD 1.2702 gain 0.0008 up 0.06%
Stlg-USD 1.8910 gain 0.0002 up 0.01%
USD-Franc 1.2531 loss 0.0002 dn 0.01%
(All values as of 0450 GMT)
European stocks might start a few notches higher Friday, while government debt prices edge higher and the euro has slight gains against the dollar.

STOCKS: European shares may open higher as investors take some inspiration from Wall Street's continuing advances.

Spreadbettor Cantor Index is calling the FTSE up 13 at 6197, the DAX up 13 at 6297 and the CAC up 8 at 5441.

European shares ended lower on Thursday, with disappointing pipeline news from drug giants GlaxoSmithKline and AstraZeneca and declines in the metals sector offsetting more positive earnings news from other companies, including Royal Dutch Shell and telecommunications provider France Telecom.

FOREX: The euro starts slightly higher against the dollar, and traders are targeting $1.2730, in a test of the market's resolve that the dollar should weaken on the Fed's slightly dovish turn.

BONDS: European government bond prices are seen heading for a slightly higher opening, after strong gains in Treasurys overnight.

Friday will bring the release of M3 money-supply growth for the euro zone, due at 0800 GMT, with economists looking for a modest easing to 8.0% both in the annual rate and in the three-month-average. Last month, M3 money supply was up 8.2% on the year and also for the three-month average. But the main focus will be on the release of the first estimate of third-quarter U.S. GDP growth for any hints about the strength of the U.S. economy. Analysts expect the quarterly measure to have risen 2.2% after last quarter's 2.6% increase.

"The Fed statement didn't help the market to find a clear direction, so maybe the figures for the third-quarter will...at least the session could be a bit more exciting," said Kornelius Purps, fixed-income strategist at UniCredit's markets and investment banking.

European Central Bank officials weighed in on inflation and imbalances.

Controlling inflation is the key to sustaining growth, ECB board member Guy Quaden said Thursday. ECB Executive Board member Juergen Stark on Thursday voiced optimism about a brightened perspective for an orderly unwinding of global imbalances.

In the U.K., the annual inflation rate will fall back to 2.0% by the end of 2007 if the Bank of England raises interest rates to 5.25% early next year, the National Institute of Economic and Social Research said Friday.

European government bond prices were higher Thursday after the U.S. Federal Reserve failed to deliver a hawkish statement following its decision to keep interest rates on hold at 5.25%.

(MORE TO FOLLOW) Dow Jones Newswires

October 27, 2006 01:45 ET (05:45 GMT)

27 Oct 2006 05:45 GMT =DJ EUROPEAN MORNING BRIEFING:Market Momentum To Continue -2-

CALENDAR: Friday, Oct 27: ECB Speaker; US GDP, Sentiment

GMT Expected Previous
0430 EU ECB Member Gonzalez-Paramo speaks on
"Europe's single monetary policy on
practice" at conference in Osaka
0800 EU Sep Euro Zone M3 Money Supply +8.0%YY +8.2%YY
+8.0%3MY +8.2%3MY
1100 UK Oct Distributive Trades +12 +14
1230 US 3Q GDP +2.2% +2.6%
1400 US Oct U of Mich Sentiment, final (prelim-Oct 92.5 85.4
92.3)
1405 US Pres Bush, NATO Secy-Genl De Hoop
Scheffer meet in Washington
1615 US Tsy Dep Secy Kimmitt addresses
transatlantic trade and investment
forum in Washington
1705 US Minneapolis Fed Pres Stern offers on
perspectives on policy issues at
Missouri Valley Economic Assn meeting
in Minneapolis
N/A UK Oct Nationwide House Prices +0.5%MM +1.3%MM
+7.8%YY +8.2%YY
N/A UK Oct RICS UK economic brief

-By Dennis Baker Dow Jones Newswires; [email protected]

(MORE TO FOLLOW) Dow Jones Newswires

October 27, 2006 01:45 ET (05:45 GMT)

27 Oct 2006 05:45 GMT =DJ EUROPEAN MORNING BRIEFING: Corporate Events

Novo Nordisk (NOVO-B.KO): 3Q Earnings
Average net profit (SME Direkt, 25 analysts): DKK1.69B (DKK1.75B)
Average EBIT: DKK2.47B (DKK2.31B)
Average sales: DKK9.93B (DKK8.79B)
Note: A DKK120M R&D payment to Aradigm will weigh on the 3Q bottom line, while 3Q '05 included a DKK200M one-off gain. Revenue is seen rising 13% and EBIT +7%. Eyes will be on sales of insulin analogues, NovoSeven, and Levimir.

Randstad (37912.AE): 3Q Earnings
Average pretax profit (DJ, 4 analysts): EUR98.6M (EUR74.5M)
Average sales: EUR2.17B (EUR1.79B)
Note: Net profit is up pushed by improved market conditions in Germany and margin improvement at the company. 3Q sales seen +21%, on improved markets and acquisitions. Analysts to focus on developments in the US and German markets and management comments on possible acquistion areas.

Sandvik (SAND.SK): 3Q Earnings
Average net profit (SME Direkt, 15 analysts): SEK1.66B (SEK1.46B)
Average revenue: SEK1.72B (SEK1.56B)
Note: Focus will be on whether the company can produce similarly strong numbers as its peers, and how much of an effect the auto industry will have on sales.

Schwarz Pharma (SRZ.XE): 3Q Earnings
Average net loss (DJ, 9 analysts): EUR23.2M (EUR50.5M net loss)
Average sales: EUR224.4M (N/A)
Note: Company said in the 2Q conference call, 2H will be loss making. Costs for marketing Parkinson drug Neupro weigh on net profit and also price cuts in Germany reduce sales, analysts expect. Sales seen -4%. Analysts watching out for update on company's pipeline like the timing of clinical data submission for a neuropathic pain and epilepsy treatment. No share price reaction expected as Belgian UCB offers EUR91 per Schwarz Pharma share and Schwarz family committed to offer. Full year guidance of EUR900M sales and net profit at break-even seen reiterated.

SEB (SEB-A.SK): 3Q Earnings
Average operating profit (SME Direkt, 21 analysts): SEK3.435B (SEK3.02B)
Average net interest income: SEK3.645B (SEK3.508B)
Average commission income: SEK3.86B (SEK3.416B)
Note: Analysts will be watching costs and the potential of any new guidance, as well as comments on the German retail operations. Report due at around 0600 GMT.

Shire PLC (SHPGY): 3Q Earnings
Average net profit excluding exceptional items (Co, analysts):
US$61M (US$624M net loss)
Average sales: US$435.8M (US$376M)
Note: The U.K.'s third largest drugmaker by market capitalization is expected to unveil strong sales growth fueled as usual by Adderall XR, its top-selling hyperactivity drug. However, operating profits are expected to fall for the second consecutive quarter due to the increased marketing expenditure required to launch new products, such as Daytrana and Elaprase.

Daytrana, a skin patch to treat hyperactivity, should report good progress since its launch earlier this year. Sales for the third quarter are expected to rise 16%, while net income excluding exceptional items is forecast at $61 million, compared with a loss of $624 million a year earlier due to a one-off R&D write-off charge.

Solvay (SOLB.BT): 3Q Earnings
Average net profit (DJ, 4 analysts): EUR158M (EUR176M)
Note: Net profit is down due to higher energy prices and raw material prices weigh. The closely watched REBIT figure is expected to rise slightly to EUR253M from EUR249M. Analysts focussing on signs of a slowdown in pharma, margins in the industrial sectors and outlook for 06 and beyond.

SSAB (SSAB-A.SK): 3Q Earnings
Average net profit (SME Direkt, 6 analysts): SEK772M (SEK659M)
Average sales: SEK6.529B (SEK6.294B)
Note: 3Q Sales are seen rising 3.7%, on continued strong mining industry demand. Focus will be on price development, seen potentially falling slightly, and 4Q outlook for special steel, which is expected to be strong.

Telefonica 02 Czech Republic (BAATELEC.PR): 3Q Earnings
Average consolidated profit (DJ, 7 analysts): CZK2.06B (CZK2.35B)
Average 9m net profit: CZK6.35B (CZK5.11B)
Note: Analysts attribute this expected net decline partly to higher costs associated with the rebranding, carried out in September, of the former telephone monopoly, previously called Cesky Telecom. Analysts see the company' 9-month net profit up 24%, as it continues to boost its revenues from broadband Internet services. Reports Friday.

Volkswagen (VOW.XE): 3Q Earnings
Average net profit (DJ, 12 analysts): EUR4M (EUR282M)
Average operating profit: EUR208M (EUR586M)
Average pretax profit: EUR90M (EUR432M)
Average EPS: EUR0.03 (EUR0.71)
Average sales: EUR25.1B (EUR23.9B)
Note: Net profit on the year was due to charges related to its wide-ranging restructuring efforts. Operating profit, pretax profit and EPS also seen significantly lower. Revenues seen +5%. On an operating level analysts expect VW to show some significant improvement in 3Q. News on ongoing restructuring and statement on talks with MAN (MAN.XE) and Scania (SCV-A.SK) over truck alliance are expected to be in limelight Friday.

WPP (WPPGY): 3Q Revenue
Average sales (DJ, 6 analysts): GBP1.41B (GBP1.35B)
Note: 3Q revenues +4.4% in 3Q '05, with organic revenue growth of 5.1%, compared with 5% in 3Q '05 and down slightly against 5.2% in 2Q. Strong 3Q organic revenue growth of 8.2% from peer Omnicom Group (OMC), with indications of strength in North America and Continental Europe and a possible recovery in the UK, fuel expectation that WPP could outperform forecasts. Analysts will be looking for outlook on 4Q and 2007, along with guidance on possible acquisitions strategy relating to Aegis (AGS.LN), or Taylor Nelson Sofres (TNN.LN). relating to Aegis (AGS.LN), or Taylor Nelson Sofres (TNN.LN).

(MORE TO FOLLOW) Dow Jones Newswires

October 27, 2006 01:45 ET (05:45 GMT)

27 Oct 2006 05:45 GMT =DJ EUROPEAN MORNING BRIEFING: Corporate Events -2-

OTHER SCHEDULED EVENTS

AcandoFrontec (ACAN-B.SK): 3Q Earnings

Aktiv Kapital (AIK.OS): 3Q Earnings

Alma Media (ALN1V.HE): 3Q Earnings

Almancora (ALMC.BT): AGM

Andvord Tybring-Gjedde (ATG.OS): 3Q Earnings

Antena 3 de Television (A3TV.MC): 3Q Earnings

AS Roma (ASR.MI): AGM

AURES Technologies (7382.FR): 1H Earnings

Aviation Latecoere (3227.FR): 3Q Revenue

Belvedere (BVDDS.FR): 1H Earnings

Beter Bed Holding (33970.AE): 3Q Earnings

BioTie Therapies Corp (BTH1V.HE): 3Q Earnings

Boss Media (BOSS.SK): 3Q Earnings

Bricorama (5442.FR): 3Q Revenue

Bure Equity (BURE.SK): 3Q Earnings

CAD IT (CAD.MI): 1H Earnings

Cermaq (CEQ.OS): 3Q Earnings

Clinphone (CNP.LN): 1H Earnings

Cofidur (5462.FR): 3Q Revenue

Cofinimmo (COFB.BT): 3Q Earnings

Computerland (CPU.LN): Trading Statement

ContentFilm (CFL.LN): AGM & EGM

CorrOcean (COR.OS): 3Q Earnings

COS Computer Systems (CSS.EB): 3Q Earnings

Dacke Group Nordic (DACK-B.SK): 3Q Earnings

Daejan Holdings (DJAN.LN): AGM

DamartEx (18542.FR): 1Q Revenue

Danieli & C (DAN.MI): AGM

Dios Fastigheter (DIOS.SK): 3Q Earnings

Eastern Drilling (EDRILL.OS): 3Q Earnings

Edinburgh Small Companies (EFS.LN): AGM

Etteplan Oyj (ETT1V.HE): 3Q Earnings

Feintool International Holding (FTON.EB): FY Revenue

Fiera Milano (FM.MI): AGM

Fingerprint Cards (FING-B.SK): 3Q Earnings

Galliford Try (GFRD.LN): AGM

Gleeson Group (GLE.LN): FY Earnings

Groupe Crit (3667.FR): 3Q Revenue

Groupe Go Sport (7245.FR): 3Q Revenue

Guillemot Corporation (6672.FR): 3Q Revenue

Gunnebo (GUNN.SK): 3Q Earnings

Hafslund (HNB.OS): 3Q Earnings

Hawesko Holding (HAW.XE): 3Q Earnings

HExagon Composites (HEX.OS): 3Q Earnings

Hjellegjerde (HJE.OS): 3Q Earnings

Huis Clos (7235.FR): 1H Earnings

Iliad (403591.FR): 3Q Revenue

Interavanti (INA1S.HE): 3Q Earnings

International Metal Service (3390.FR): 3Q Revenue

Jaakko Poyry Group (JP2.ST): 3Q Earnings

Juventus (JUVE.MI): AGM

KBC Advanced Technologies (KBC.LN): Trading Statement

Kitron (KIT.OS): 3Q Earnings

Larox Oyj (LARBS.HE): 3Q Earnings

Mandator (MAND.SK): 3Q Earnings

Mondi Packaging Paper Swiecie (MPP.WA): 3Q Earnings

MorphoSys (MOR.XE): 3Q Earnings

(MORE TO FOLLOW) Dow Jones Newswires

October 27, 2006 01:45 ET (05:45 GMT)

27 Oct 2006 05:45 GMT =DJ EUROPEAN MORNING BRIEFING: Corporate Events -3-

MPC (MPC.XE): 3Q Earnings

MultiQ International (MULQ.SK): 3Q Earnings

Net Insight (NETI-B.SK): 3Q Earnings

New Wave Group (NEWA-B.SK): 3Q Earnings

NH Hoteles (NHH.MC): 3Q Earnings

Norbert Dentressangle (5287.FR): 3Q Revenue

NRJ Group (12169.FR): 3Q Revenue

Oz Holdings (OZI.EB): 3Q Earnings

P4 Radio Hele Norge (PFI.OS): 3Q Earnings

Parken Sport & Entertainment (PARKEN.KO): AGM

Pharming Group (37701.AE): 3Q Earnings

PhotoCure (PHO.OS): 3Q Earnings

Polimoon (POLI.OS): 3Q Earnings

Poolia (POOL-B.SK): 3Q Earnings

Quadrant (QUAN.EB): 3Q Earnings & Revenue

Red Electrica de Espana (REE.MC): 3Q Earnings

Retail Decisions (RTD.LN): Trading Statement

Rottneros (RROS.SK): 3Q Earnings

SAES Getters (SG.MI): 3Q Earnings

Sagax (SAGA.SK): 3Q Earnings

Scanfil Oyj (SCF1V.HE): 3Q Earnings

Schweiter Technologies (SWTQ.EB): 3Q Earnings

Seche Environnement (3910.FR): 3Q Revenue

Seco Tools (SECO-B.SK): 3Q Earnings

Siegfried Holding (SFZN.EB): 3Q Earnings

Skandinaviska Enskilda Banken (SEB-A.SK): 3Q Earnings

SoPaF (SPS.MI): AGM

Soft Computing (7551.FR): 3Q Revenue

Solar-Fabrik (SFX.XE): 3Q Earnings

Somfy (12049.FR): 3Q Revenue

Sonaecom (SNC.LB): 3Q Earnings

Spyker Cars (38083.AE): 3Q Trading Statement

SS Lazio (SSL.MI): AGM

Stromsdal Oyj (STM1V.HE): 3Q Earnings

Swiss National Bank (SNBN.EB): 3Q Earnings

Systran (410919.FR): 3Q Revenue

Syzygy (SYZ.XE): 3Q Earnings

Talentum Oyj (TTM1V.HE): 3Q Earnings

Tekla Corporation (TLA1V.HE): 3Q Earnings

TJ Group (TJT1V.HE): 3Q Earnings

TradeDoubler (TRAD.SK): 3Q Earnings

Trader Classified Media NV (5729.FR): 3Q Revenue

Trelleborg (TREL-B.SK): 3Q Earnings

Tricorona (TRIC.SK): 3Q Earnings

Tripep (TPEP.SK): 3Q Earnings

Umicore (UMI.BT): 3Q Trading Statement

Uponor (UNR1V.HE): EGM

Westergyllen (WEST-B.SK): 3Q Earnings

Wilh Wilhelmsen (WWI.OS): 3Q Earnings

Wise Group (WISE.SK): 3Q Earnings

WM-Data Nordic (WM-B.SK): 3Q Earnings

Yit-Yhtyma Oy (YTY1V.HE): 3Q Earnings

Zeltia (ZEL.MC): 3Q Earnings

(MORE TO FOLLOW) Dow Jones Newswires

October 27, 2006 01:45 ET (05:45 GMT)

27 Oct 2006 05:45 GMT =DJ EUROPEAN MORNING BRIEFING: Div Payments & Ex Div Dates

Aktia Saasopankki Oyj (AKTI.YY): Special Dividend Payment Date

Arbuthnot Banking Group (ARBB.LN): 1H 2006 Dividend Payment Date

Arena Leisure (ARE.LN): 1H 2006 Dividend Payment Date

Banco de Valencia (BVA.MC): 1H 2006 Ex-Dividend Payment Date

Barr (BAG.LN): 1H 2006 Dividend Payment Date

Burren Energy (BUR.LN): 1H 2006 Dividend Payment Date

Cattles (CTT.LN): 1H 2006 Dividend Payment Date

Centrica (CNA.LN): 1H 2006 Ex-Dividend Date

Dignity plc (DTY.LN): 1H 2006 Dividend Payment Date

Dobbies Garden Centre (DGC.LN): 1H 2006 Dividend Payment Date

Erinaceous Group (ERG.LN): 1H 2006 Dividend Payment Date

Evolution Group (EVG.LN): 1H 2006 Dividend Payment Date

F&C Commercial Property (FCPT.LN): 2Q 2006 Dividend Payment Date

Filtrona (FLTR.LN): 1H 2006 Dividend Payment Date

Finsbury Growth & Income Trust (FGT.LN): 2Q 2006 Dividend Payment Date

Games Workshop Group (GAW.LN): FY 2005 Dividend Payment Date

Haynes Publishing (HYNS.LN): FY 2005 Dividend Payment Date

Hikma Pharmaceuticals (HIK.LN): 1H 2006 Dividend Payment Date

Inmarsat (ISAT.LN): 1H 2006 Dividend Payment Date

Invesco Perpetual UK Smlr Co (IPU.LN): 1H 2006 Dividend Payment Date

Kazakhmys (KAZ.LN): 1H 2006 Dividend Payment Date

Martin Currie Portfolio (MNP.LN): 1H 2006 Dividend Payment Date

McAlpine (MCA.LN): 1H 2006 Dividend Payment Date

Metalrax Group (MRX.LN): 1H 2006 Dividend Payment Date

Northern Rock (NRK.LN): 1H 2006 Dividend Payment Date

Oxford Instruments (OXIG.LN): FY 2005 Dividend Payment Date

Personal Assets Trust (PNL.LN): 1Q 2006 Dividend Payment Date

Petrofac (PFC.LN): 1H 2006 Dividend Payment Date

Prudential (PRU.LN): 1H 2006 Dividend Payment Date

Rentokil Initial (RTO.LN): 1H 2006 Dividend Payment Date

Robert Walters (RWA.LN): 1H 2006 Dividend Payment Date

Rutland Trust (RUT.LN): 1H 2006 Special Dividend Payment Date

Savills (SVS.LN): 1H 2006 Dividend Payment Date

Severfield-Rowan (SFR.LN): 1H 2006 Dividend Payment Date

Westbury Property Fund (WPF.LN): 3Q 2006 Dividend Payment Date

Whatman (WHM.LN): 1H 2006 Dividend Payment Date

(END) Dow Jones Newswires

October 27, 2006 01:45 ET (05:45 GMT)