German stocks - Factors to watch on May 22

Adtran Networks SE

22/05/2019 05:44

BERLIN/FRANKFURT, May 22 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    DAIMLER  DAIGn.DE 
    The maker of Mercedes-Benz cars is due to hold its AGM (0800
GMT) as incoming CEO Ola Kaellenius is seeking cost cuts and is
aiming to intensify alliances with rivals. https://bit.ly/2JQmTo2
    Separately, Fitch affirmed Daimler's long-term rating and
upgraded the short-term rating.  urn:newsml:reuters.com:*:nFit98TQDx
    
    DEUTSCHE BOERSE  DB1Gn.DE 
    The Executive Board of the stock exchange operator is due to
present the group's strategy at its Investor Day event (1000
GMT) in London. Webcast: https://bit.ly/2EmncTY
    
    THYSSENKRUPP  TKAG.DE 
    The supervisory board unanimously approved Chief Executive
Guido Kerkhoff's overhaul strategy, including a plan to list its
prized elevators unit, the conglomerate said.  urn:newsml:reuters.com:*:nL5N22X5J3
    
    VOLKSWAGEN  VOWG_p.DE 
    Volkswagen truck brand Scania  SCVSA.UL  said it will invest
1.4 billion reais (310 million euros) to modernise its Brazilian
factory near Sao Paulo.  urn:newsml:reuters.com:*:nL2N22X0UG
    
    
    COMMERZBANK  CBKG.DE 
    The lender is due hold its AGM (0800 GMT) amid questions by
shareholders about Commerzbank's future after merger talks with
Deutsche Bank  DBKGn.DE  collapsed. Livestream of speeches: https://bit.ly/2LUBwJI
    
    DELIVERY HERO  DHER.DE 
    The company issued 1.12 million new shares through an
accelerated bookbuilding and set the placement price at 40.35
euros, it said.  urn:newsml:reuters.com:*:nASP0011WZ
    
    UNIPER  UN01.DE 
    The E.ON  EONGn.DE  spin-off is due to hold its AGM (0800
GMT) after its largest shareholder Fortum  FORTUM.HE  made
progress in talks over cooperation.  urn:newsml:reuters.com:*:nL5N22X43N Webcast: https://bit.ly/2Yyn8sa
    Fortum CEO Pekka Lundmark told Handelsblatt his company is
interested in Uniper as a whole while declining to comment on
the question of whether Fortum aims to acquire a majority stake.
    
    AIRBUS  AIRG.DE 
    Airbus hinted at a price battle and imminent aircraft revamp
to counter a possible new Boeing  BA.N  mid-sized jet, promising
a "left hook, right hook" from two of its established models.
 urn:newsml:reuters.com:*:nL5N22X1RV
    Separately, the company is in discussions to try to find
solutions to a row with the German government over a ban on arms
exports to Saudi Arabia that threatens a border security
contract, CEO Guillaume Faury said.  urn:newsml:reuters.com:*:nL5N22X6SD

    
    ADO PROPERTIES  ADJ.DE 
    Q1 results due
    
    
    ANNUAL GENERAL MEETINGS
    DAIMLER  DAIGn.DE  - 2.86 eur/shr dividend proposed
    AAREAL BANK  ARLG.DE  - 2.10 eur/shr dividend proposed
    ALSTRIA OFFICE REIT  AOXG.DE  - 0.52 eur/shr dividend
proposed
    COMMERZBANK  CBKG.DE  - 0.20 eur/shr dividend proposed
    MORPHOSYS  MORG.DE 
    SYMRISE  SY1G.DE  - 0.90 eur/shr dividend proposed
    UNIPER  UN01.DE  - 0.90 eur/shr dividend proposed
    ZALANDO  ZALG.DE 
    ADVA OPTICAL NETWORKING  ADAG.DE  
    KOENIG & BAUER  SKBG.DE  - 1.00 eur/shr dividend proposed
    PATRIZIA IMMOBILIEN  PATGn.DE  - 0.27 eur/shr dividend
proposed
    VOSSLOH  VOSG.DE  - 1.00 eur/shr dividend proposed
        
    
    EX-DIVIDEND 
    1&1 DRILLISCH  DRIG.DE  - 0.05 eur/shr dividend
    NORMA GROUP  NOEJ.DE  - 1.10 eur/shr dividend
    TELEFONICA DEUTSCHLAND  O2Dn.DE  - 0.27 eur/shr dividend
    TLG IMMOBILIEN  TLGG.DE  - 0.91 eur/shr dividend

        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.8 pct, S&P 500 .SPX  +0.8 pct, Nasdaq
 .IXIC  +1.1 pct at close.  .N 
    Nikkei  .N225  +0.2 pct, Shanghai stocks  .SSEC  unchanged.
 .T   .SS 
    Time: 4:44 GMT
    
    
    GERMAN ECONOMIC DATA
    No major economic data scheduled
    
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))