German stocks - Factors to watch on April 25

Aumann AG

25/04/2018 05:53

FRANKFURT, April 25 (Reuters) - The following are some of
the factors that may move German stocks on Wednesday:
    
    ADIDAS  ADSGn.DE 
    Adidas named Zion Armstrong as President of Adidas North
America as of July 1, replacing Mark King, who has decided to
step down from his post.
        
    DAIMLER  DAIGn.DE  
    Daimler's boss said on Wednesday there was no indication the
firm's largest shareholder, Chinese auto magnate Li Shufu, was
planning a hostile takeover, after he took a $9 billion stake in
the firm earlier this year.  urn:newsml:reuters.com:*:nS6N1RF040
    
    DEUTSCHE BOERSE  DB1Gn.DE 
    The stock exchange operator said late on Tuesday that its
supervisory board will likely name three new executive board
members at its meeting on Wednesday and enlarge the executive
board to six seats from five. urn:newsml:reuters.com:*:nASO0003RP
    Q1 results due after market close. Adjusted EBIT seen up 13
percent at 390 million euros ($477 million). Poll:  urn:newsml:reuters.com:*:nL8N1S123F
    
    LINDE  LING.DE 
    Q1 results due. Net profit seen down 5 percent at 328
million euros. Poll:  urn:newsml:reuters.com:*:nL8N1S11CF
        
    VOLKSWAGEN  VOWG_p.DE 
    VW's luxury unit Audi said on Tuesday that it was recalling
1.16 million vehicles worldwide because of concerns that an
electric coolant pump could overheat or short-circuit from
moisture within the pump and pose a fire risk. urn:newsml:reuters.com:*:nL1N1S11D3
    Audi separately said it aims to double its China production
with local partner FAW within five years, the firm's chief
executive said on Wednesday, as global carmakers look to
localise in the world's largest vehicle market.  urn:newsml:reuters.com:*:nS6N1RF03W
    Volkswagen plans to launch 27 electric vehicle models in
less than three years, Thomas Ulbrich, in charge of
electromobility at the VW brand, told Handelsblatt.
    
    AIRBUS  AIRG.DE 
    Germany and France have agreed on the central requirements
for a new fighter jet to replace Eurofighter Typhoon and Rafale
warplanes beginning in 2040, German military sources said.
 urn:newsml:reuters.com:*:nL8N1S17NE
    Also, the German defence ministry has received bids from
Airbus  AIR.PA  and the U.S. government - representing Lockheed
Martin  LMT.N  and Boeing  BA.N  - for the replacement of its
fleet of 90 ageing Tornado fighter jets that were developed in
the 1960s.  urn:newsml:reuters.com:*:nL8N1S172V
    
    OSRAM  OSRn.DE 
    The lighting group stepped up cutbacks and slashed its
guidance for adjusted core profit and earnings per share in
fiscal 2018, citing a weak dollar and slower business
development.  urn:newsml:reuters.com:*:nASO0003RW   
        
    AUMANN  AAGG.DE 
    Annual report due. The group published preliminary figures
on Feb. 22 and has forecast a rise in adjusted EBIT to 28 to 31
million euros in 2018.  urn:newsml:reuters.com:*:nASO0002GE
    
    SILTRONIC  WAFGn.DE 
    Q1 results due.
    
    TELEFONICA DEUTSCHLAND  O2Dn.DE 
    Q1 results due. OIBDA before exceptional items seen up 1.5
percent at 407 million euros. Poll:  urn:newsml:reuters.com:*:nL8N1S1685
    
    HAMBORNER REIT  HABG.DE 
    Q1 results due.
    
    KLOECKNER      KCOGn.DE 
    Q1 results due. EBITDA seen down 23 percent at 58.7 million
euros. Poll:  urn:newsml:reuters.com:*:nL8N1S10X0
    
    SGL  SGCG.DE   
    The carbon materials specialist said late on Tuesday high
positive one-time effects and good operational development
prompted it to predict a low double digit million euro amount
for 2018 net income from continuing operations, where it had
previously seen slightly more than zero.  urn:newsml:reuters.com:*:nASO0003S1
    
    ANNUAL GENERAL MEETINGS
    BEIERSDORF  BEIG.DE  - 0.70 eur/shr dividend proposed
    MUNICH RE  MUVGn.DE  - 8.60 eur/shr dividend proposed
    GERRESHEIMER  GXIG.DE  - 1.10 eur/shr dividend proposed
        
    EX-DIVIDEND 
    DEUTSCHE POST  DPWGn.DE  - 1.15 eur/shr dividend 
    INNOGY  IGY.DE  - 1.60 eur/shr dividend 
        
    ANALYSTS' VIEWS
    VOLKSWAGEN  VOWG_p.DE  - Jefferies raises to "buy" from
"hold", raises price target to 220 euros from 180 euros
    HANNOVER RE  HNRGn.DE  - Credit Suisse cuts to "neutral"
from "outperform", raises price target to 122 euros from 120
euros
    SIEMENS HEALTHINEERS  SHLG.DE  - Morgan Stanley starts with
"equal-weight" rating, price target 34 euros
            
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -1.7 pct, S&P 500 .SPX  -1.3 pct, Nasdaq
 .IXIC  -1.7 pct at close.  .N 
    Nikkei  .N225  -0.4 pct, Shanghai stocks  .SSEC  -0.3 pct.
    Time: 4.53 GMT.  .T   .SS 
    
    GERMAN ECONOMIC DATA
    No economic data scheduled.
    The German government has lowered its economic growth
forecast for this year, a source familiar with the decision said
on Tuesday, reflecting expectations that an upswing in Europe's
largest economy was losing some momentum.  urn:newsml:reuters.com:*:nL8N1S1257
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 0.8185 euros)

 (Reporting by Ludwig Burger and Maria Sheahan)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))