German stocks - Factors to watch on June 17

Amadeus Fire AG

17/06/2020 05:55

BERLIN/FRANKFURT, June 17(Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    CORONAVIRUS
    The number of confirmed coronavirus cases in Germany
increased by 345 to 187,184, data from the Robert Koch Institute
(RKI) for infectious diseases showed on Wednesday. The reported
death toll rose by 30 to 8,830, the tally showed.  urn:newsml:reuters.com:*:nL8N2DU09O
    The unlisted biotech firm CureVac will become the second
company to launch human trials of an experimental coronavirus
vaccine in Germany, two people familiar with the plans told
Reuters on Tuesday.  urn:newsml:reuters.com:*:nL8N2DT5XC
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    Deutsche Telekom has sketched out an 'armageddon' scenario
that foresees a 3 billion euro ($3.4 billion) hit to costs
should Chinese suppliers be excluded from its German 5G network,
Handelsblatt reports citing an internal document.
    
    BAYER  BAYGn.DE 
    The company said on Tuesday it would scrap a nearly $1
billion project to produce the chemical dicamba in the United
States, but said the move is unrelated to a federal court
decision that blocked sales of weed killers based on the
product.  urn:newsml:reuters.com:*:nL1N2DT2R1
    
    LUFTHANSA  LHAG.DE 
    German investor Heinz Hermann Thiele sharply criticised a
9-billion-euro bailout deal for carrier Lufthansa, saying he had
raised his stake in the group to more than 15% and hoped
alternative options could be explored.  urn:newsml:reuters.com:*:nL8N2DT64L
    
    VOLKSWAGEN  VOWG_p.DE 
    The carmaker will pay a 48% premium to buy out the minority
shareholders of premium division Audi  NSUG.DE , Audi said on
Tuesday.  urn:newsml:reuters.com:*:nL8N2DT596
    
    WIRECARD  WDIG.DE 
    The payments company is urging the UK High Court to dismiss
a fraud lawsuit, the Financial Times reported.  urn:newsml:reuters.com:*:nL4N2DT43N 
    
    ALSTRIA OFFICE REIT  AOXG.DE 
    The group placed a 350 million euro corporate bond.
 urn:newsml:reuters.com:*:nFWN2DT0UM
    
    HUGO BOSS  BOSSn.DE 
    The fashion house has appointed former Tommy Hilfiger
 APARTM.UL  boss Daniel Grieder as its next chief executive, it
said on Tuesday.  urn:newsml:reuters.com:*:nL8N2DT5YL
    
    ANNUAL GENERAL MEETINGS
    HENKEL  HNKG_p.DE  - 1.85 eur/shr dividend proposed  
    SYMRISE  SY1G.DE  - 0.95 eur/shr dividend proposed
    AMADEUS FIRE  AMDG.DE  - no dividend proposed    
    DERMAPHARM  DMPG.DE  - 0.80 eur/shr dividend proposed
        
    EX-DIVIDEND 
    S&T  SANT1.DE  - no dividend proposed    
        
    ANALYSTS' VIEWS
    * DEUTSCHE POST AG  DPWGn.DE : HSBC CUTS TARGET PRICE TO EUR
38 FROM EUR 39
    * RWE AG  RWEG.DE : HSBC RAISES TO BUY FROM HOLD, RAISES
TARGET PRICE TO EUR 37 FROM EUR 25
            
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +2.0%, S&P 500 .SPX  +1.9%, Nasdaq  .IXIC 
+1.8% at close.  .N 
    Nikkei  .N225  -0.4%, Shanghai stocks  .SSEC  -0.1%.  .T 
 .SS 
    Time: 4:54 GMT
    
    GERMAN ECONOMIC DATA
    German May car registration due at 0600 GMT. 
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 0.8880 euros)

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