German stocks - Factors to watch on May 14

Aumann AG

14/05/2018 05:53

FRANKFURT, May 14 (Reuters) - The following are some of the
factors that may move German stocks on Monday:
    
    BAYER  BAYGn.DE 
    Bayer's synergies from buying U.S. rival Monsanto will be
lower than $1.5 billion because of antitrust divestments and 
pharma revenues will be difficult to replace once patents run
out, CFO Johannes Dietsch told Boersen-Zeitung.  urn:newsml:reuters.com:*:nL8N1SJ08H
    
    DAIMLER  DAIGn.DE 
    German markets regulator BaFin is reviewing whether to
impose fines after it found that transactions to buy a 9.69
percent stake in Daimler on behalf of Geely chairman Li Shufu, 
should have been disclosed earlier.  urn:newsml:reuters.com:*:nL8N1SJ0BK
    
    SIEMENS  SIEGn.DE 
    Deadline for EU Commission approval of locomotive
maintenance joint venture with Mitsui.
    
    VOLKSWAGEN  VOWG_p.DE 
    VW CEO Diess was briefed about the potential costs of diesel
emissions cheating almost a month before investors were
informed, Bild am Sonntag said. VW reiterated the size of the
penalty was not clear at the time, and that no disclosure rules
were violated.  urn:newsml:reuters.com:*:nL8N1K00L0
    VW will recall about 220,000 new Polo vehicles due to a
problem with the rear seatbelt lock, it said on Friday, 191,000
cars of its Spanish unit Seat are also affected.  urn:newsml:reuters.com:*:nL8N1SI5F9
    VW CEO Diess wants to hire Volvo trucks manager Andrea Fuder
or former ZF CEO Stefan Sommer to replaced departed purchasing
chief Francisco Garcia Sanz, German trade publication
Automobilwoche reported. 
    
    AUTOMAKERS  BMWG.DE   DAIGn.DE   VOWG_p.DE 
    Voluntary software updates for older BMW, Mercedes and Audi
diesel vehicles in Germany cannot be completed by year end,
AutomobilWoche said, because the updates are not being approved
quickly enough by the motor authority KBA. 
    
    DEUTSCHE PFANDBRIEFBANK  PBBG.DE  
    Q1 results due.
    
    INNOGY  IGY.DE  
    Q1 results due. Adjust ed net profit seen down 10 percent at
615 million euros ($732 million). Poll:  urn:newsml:reuters.com:*:nL8N1SG6FR
    
    K+S  SDFGn.DE 
    Q1 results due.
    
    AUMANN  AAGG.DE  
    Q1 results due.
    
    CANCOM  COKG.DE  
    Q1 results due.
    
    BVB  BVB.DE 
    Q3 financial report due. The company already published
preliminary figures.
    
    CEWE  CWCG.DE 
    Q1 results due.
    
    ELRINGKLINGER  ZILGn.DE 
    Q1 results due.
    
    GRAMMER  GMMG.DE 
    Q1 results due.
    
    HAPAG-LLOYD  HLAG.DE 
    Q1 results due.
    
    HELLOFRESH  HFGG.DE  
    Q1 results due.
            
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.4 pct, S&P 500 .SPX  +0.2 pct, Nasdaq
 .IXIC  unchanged at close.  .N 
    Nikkei  .N225  +0.4 pct, Shanghai stocks  .SSEC  +0.6 pct.
    Time: 4.53 GMT.  .T   .SS 
    
    
    GERMAN ECONOMIC DATA
    German flash GDP data due at 0600 GMT. Seen +0.4 pct q/q,
+2.4 pct y/y seasonally adjusted.
        
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 0.8405 euros)

 (Reporting by Christoph Steitz, Edward Taylor and Ludwig
Burger)
 ((ludwig.burger@thomsonreuters.com; +49 69 7565 1311; Reuters
Messaging: ludwig.burger.thomsonreuters.com@reuters.net))