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Wednesday, May 27, 2009

Schrader Duncan Board recommends Dividend

Schrader Duncan Ltd has informed that the Board of Directors of the Company at its meeting held on May 27, 2009, inter alia, has transacted the following:

1. Recommended payment of dividend of Rs 1.00 per equity share of Rs 10/- each for the year ended March 31, 2009.

2. Appointed Mr. Jcan Michel Bolmont as Additional Director.

3. Taken note of the resignation of Mr. Al Stecklein as Director.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 16
17:45 Housing Starts s.a (YoY) 1 279.5K 248.0K 278.6K
18:00 NY Empire State Manufacturing Index 2 -16.0 -5.5 -9.2
21:00 3-Month Bill Auction 1 4.24% 4.25%
21:00 6-Month Bill Auction 1 4.155% 4.150%
22:30 20-Year Bond Auction 1 4.942% 5.047%
Tuesday, Jun 17
02:30 Westpac Consumer Survey 2 89.2
04:15 Food Price Index (MoM) 1 0.8%
18:00 Retail Sales ex Autos (MoM) 2 0.1% 0.1%
18:00 Retail Sales (MoM) 3 -0.7% 0.1%
18:00 Retail Sales (YoY) 1 5.2%
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