German stocks - Factors to watch on October 22

Adtran Networks SE

22/10/2020 06:10

BERLIN/FRANKFURT, Oct 22 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    CORONAVIRUS
    The number of confirmed coronavirus cases in Germany rose by
more than 10,000 in a single day for the first time.
 urn:newsml:reuters.com:*:nL8N2HD086
    German Health Minister Jens Spahn tested positive for the
coronavirus and placed himself in home quarantine.  urn:newsml:reuters.com:*:nL8N2HC639
    High-level negotiations on a new coronavirus aid bill faced
a setback when U.S. President Donald Trump accused Democrats of
being unwilling to craft an acceptable compromise.  urn:newsml:reuters.com:*:nL1N2HC1JV
    Over half the small and medium-sized companies which
together provide jobs for two-thirds of European workers fear
for their survival in the coming 12 months, according to a
survey released by management consultancy McKinsey.  urn:newsml:reuters.com:*:nL8N2HC6JO
    
    
    CONTINENTAL  CONG.DE  
    The company will post a third-quarter loss after impairments
and restructuring expenses when it reports results on Nov. 11,
it said.  urn:newsml:reuters.com:*:nL8N2HC6K3
    
    BAYER  BAYGn.DE 
    Bayer's Monsanto division lost a final appeal in a
long-running French legal battle in which the crop chemical
maker has been held liable for the accidental inhalation of a
weedkiller by a crop farmer.  urn:newsml:reuters.com:*:nL8N2HC6QT
    
    VOLKSWAGEN  VOWG_p.DE 
    Chinese electric vehicle battery maker Guoxuan  002074.SZ ,
which is backed by Volkswagen, plans to have annual battery
manufacturing capacity of 100 GWh by 2025, an official said.
 urn:newsml:reuters.com:*:nL4N2HD0ZL
    
    BMW  BMWG.DE  
    The carmaker said it would produce components for electric
vehicles at its Regensburg plant from 2021 and invest 150
million euros by 2022.  urn:newsml:reuters.com:*:nFWN2HC0VZ
    
    DEUTSCHE BANK  DBKGn.DE  
    The lender is in talks to sell an internet technology
division to an Indian buyer and would then buy back the services
it needs, Bloomberg reported.  urn:newsml:reuters.com:*:nL4N2HC44K
    
    
    JUNGHEINRICH  JUNG_p.DE  
    The forklift truck maker said it was raising its 2020
forecast amid a pickup in customer demand.  urn:newsml:reuters.com:*:nASN000G6G
    
    TRATON  8TRA.DE  
    The company said that it experienced a faster recovery in
the third quarter than it had expected, and that adjusted
operating profit would be around 210 million euros.  urn:newsml:reuters.com:*:nFWN2HC13D
        
    ADVA OPTICAL NETWORKING  ADAG.DE 
    The telecommunications company said third-quarter revenues
rose by 1.6 % to 146.7 million euros.  urn:newsml:reuters.com:*:nASN000G6M
    
    SIXT  SIXG.DE 
    The car rental company said it expects third-quarter
operating revenue to be around 460 million euros, adding that it
was still unable to offer a forecast for the year.  urn:newsml:reuters.com:*:nASN000G6J
    
    HYPOPORT  HYQGn.DE 
    The financial service provider said revenue rose to around
95 million euros in the third quarter.  urn:newsml:reuters.com:*:nFWN2HC138
    
    AMADEUS FIRE  AMDG.DE 
    Q3 results due.

        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.4%, S&P 500 .SPX  -0.2%, Nasdaq  .IXIC 
-0.3% at close.  .N 
    Nikkei  .N225  -0.7%, Shanghai stocks  .SSEC  -0.8%.  .T 
 .SS 
    Time: 5:10 GMT
    
    
    ECONOMY
    German November GfK consumer climate indicator due at 0600
GMT. Seen at -2.8
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))