German stocks - Factors to watch on March 24
24/03/2017 06:14
BERLIN/FRANKFURT, March 24 (Reuters) - The following are
some of the factors that may move German stocks on Friday:
DEUTSCHE BANK DBKGn.DE
Germany's largest lender has chosen a new office for its
London headquarters, signalling a vote of confidence in
Britain's capital despite the country's decision to leave the
European Union. urn:newsml:reuters.com:*:nL5N1H0646
DEUTSCHE BOERSE DB1Gn.DE
The company plans strong cost cuts after its failed tie-up
with the London Stock Exchange LSE.L , Sueddeutsche Zeitung
reported, citing underperformance in some business areas in the
first two months of 2017.
MERCK MRCG.DE
U.S. health regulators on Thursday approved a drug developed
by Merck and Pfizer Inc PFE.N that helps the immune system to
fight a rare form of skin cancer once it has spread to other
parts of the body. urn:newsml:reuters.com:*:nL2N1H01KV
VONOVIA VNAn.DE
The property group has won support from more than 90 percent
of Conwert CONW.VI shareholders for its takeover offer.
urn:newsml:reuters.com:*:nFWN1H00MI
SALZGITTER SZGG.DE
Full Q4 results due. The group reported preliminary figures
on Feb. 28 and said it expects profit to rise in 2017 after
years of restructuring. urn:newsml:reuters.com:*:nL5N1GD16H
ADLER REAL ESTATE ADLG.DE
Q4 results due.
HAPAG-LLOYD HLAG.DE
Annual report due. The group published preliminary results
on Feb. 28, with 2016 operating profit down 66 percent as
freight rates fell significantly. urn:newsml:reuters.com:*:nL5N1GD1VT
ZEAL NETWORK TIMGn.DE
Annual news conference due. The group published preliminary
results on March 1 and slashed its guidance on March 9 after a
player won a prize of around 15 million euros. urn:newsml:reuters.com:*:nL5N1GE1A0
urn:newsml:reuters.com:*:nASM0009XR
AUMANN AAGG.DE
Flotation on Frankfurt stock exchange due. The machine
builder set the IPO price at 42 euros per share. urn:newsml:reuters.com:*:nASM000A9S
OVERSEAS STOCK MARKETS
Dow Jones .DJI unchanged, S&P 500 .SPX -0.1 pct, Nasdaq
.IXIC -0.1 pct at close. .N
Nikkei .N225 +0.9 pct, Shanghai stocks .SSEC +0.5 pct.
Time: 6.14 GMT. .T .SS
GERMAN ECONOMIC DATA
German March Markit PMI due at 0830 GMT. Manufacturing PMI
seen at 56.5 points vs 56.8, services PMI at 54.6 vs 54.4,
compositive flash PMI at 56.0 vs 56.1.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Andreas Cremer and Harro ten Wolde)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))
Keywords: GERMANY STOCKS/FACTORS