German stocks - Factors to watch on February 27

Alstria Office REIT AG

27/02/2020 05:12

BERLIN/FRANKFURT, Feb 27 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    CORONAVIRUS
    * Germany is at the beginning of a coronavirus epidemic
after new cases sprung up that can no longer be traced to the
virus' original source in China, Health Minister Jens Spahn
said.  urn:newsml:reuters.com:*:nL5N2AQ7CM
    * The United States and South Korea postponed joint military
drills to limit the spread of coronavirus, as the number of
infections outside China, the source of the outbreak, for the
first time surpassed those appearing in the country.
 urn:newsml:reuters.com:*:nL3N2AR0AY
    * The Geneva International Motor Show will go on as planned,
its organizers said after evaluating developments of the
coronavirus.  urn:newsml:reuters.com:*:nL5N2AQ7NS
    * The 1,000 workers of Italdesign, an Audi subsidiary in
Italy, were sent home earlier this week after an employee was
suspected of a coronavirus infection, but most have returned to
work, a spokesman said.
    
    BAYER  BAYGn.DE 
    2019 results due. Net profit seen at 6.28 billion euros.
Poll:  urn:newsml:reuters.com:*:nL5N2AP0YY
    The departure of Bayer Chairman Werner Wenning will turn up
the heat on CEO Werner Baumann to resolve the healthcare to
agriculture group's legal problems, two of the firm's biggest
German shareholders said.  urn:newsml:reuters.com:*:nL5N2AQ6BU
    
    MUNICH RE  MUVGn.DE 
    The reinsurer said it had not changed its risk assessment in
the wake of the coronavirus.  urn:newsml:reuters.com:*:nF9N281006
    
    SAP  SAPG.DE 
    2019 integrated report due
    
    AUTOS
    CATL, China's top electric vehicle battery maker that has
partnerships with Volkswagen and BMW, said it aims to raise up
to $2.85 billion in a private placement of shares to fund its
battery projects and boost working capital.  urn:newsml:reuters.com:*:nL3N2AR0Y1
    
    ALSTRIA OFFICE REIT  AOXG.DE 
    The company reported a drop in 2019 revenue due to the
disposal of non-core assets, the loss of rental income, and
acceleration of refurbishment.  urn:newsml:reuters.com:*:nASN0003GZ
    
    AROUNDTOWN  AT1.DE 
    The real estate company said it successfully completed a
private placement of $250 million subordinated convertible notes
due in 2023.  urn:newsml:reuters.com:*:nEQ8skBQ7a
    
    DUERR  DUEG.DE 
    2019 preliminary results due
    
    COMMERZBANK  CBKG.DE  
    Comdirect  CDBG.DE  said that Commerzbank had submitted a
formal request to acquire minority shares in the online
brokerage through a so-called squeeze-out.  urn:newsml:reuters.com:*:nASN0003H3
    
    THYSSENKRUPP  TKAG.DE 
    The supervisory board will meet to decide on who will get
the group's prized elevator division, concluding what could be
the world's largest private equity deal this year.
    Private equity suitors for the division, which is seen
fetching around 16 billion euros, have submitted offers with
similar levels of debt, four people familiar with the process
told Reuters.  urn:newsml:reuters.com:*:nL5N2AQ6UT
    
    QIAGEN  QIA.DE 
    The company said it shipped a newly developed test kit,
which detects the novel coronavirus, to four hospitals in China
for evaluation.  urn:newsml:reuters.com:*:nBwbhwd59a
    
    ZALANDO  ZALG.DE 
    2019 results due. Net profit seen at 79.7 million euros.
Poll:  urn:newsml:reuters.com:*:nL5N2AP0PI
    
    AIXTRON  AIXGn.DE 
    2019 financial report due
    
    
    ANNUAL GENERAL MEETINGS
    AURUBIS  NAFG.DE  - 1.25 dividend/share proposed
        
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.5%, S&P 500 .SPX  -0.4%, Nasdaq  .IXIC 
+0.2% at close.  .N 
    Nikkei  .N225  -2.4%, Shanghai stocks  .SSEC  +0.6%.  .T 
 .SS 
    Time: 5:12 GMT
    
    
    ECONOMY
    No major German economic data scheduled
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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