German stocks - Factors to watch on Nov. 16
16/11/2018 05:49
BERLIN, Nov 16 (Reuters) - The following are some of the
factors that may move German stocks on Friday:
VOLKSWAGEN VOWG_p.DE
The supervisory board is due to vote on a multi-billion euro
investment plan, including steps to retool three German plants
to mass produce electric cars and to explore alliances with
battery partners and rival carmakers. Press conference scheduled
for 1130 GMT. Livestream: https://youtu.be/j2UM4LZFjFk
BAYER BAYGn.DE
A California judge granted an expedited trial in the case of
a California couple suffering from cancer who sued Bayer's
Monsanto unit, alleging the company's glyphosate-containing weed
killer Roundup caused their disease. The chemicals company faces
some 9,300 U.S. glyphosate lawsuits. urn:newsml:reuters.com:*:nL2N1XQ20Q
DEUTSCHE TELEKOM DTEGn.DE
Sweden's Tele2 TEL2b.ST said its Dutch subsidiary was not
viable as a standalone business, lending weight to a takeover by
Deutsche Telekom's business there that European regulators are
due to rule on this month. urn:newsml:reuters.com:*:nL4N1XQ50R
BMW BMWG.DE
The carmaker said it was continuing to prepare for a no-deal
Brexit, given uncertainty around Prime Minister Theresa May's
deal after several of her ministers resigned in protest.
urn:newsml:reuters.com:*:nL9N1SV02E
BANKS DBKGn.DE CBKG.DE
28th Frankfurt European Banking Congress. Participants
include the CEOs of Deutsche Bank and Commerzbank, Christian
Sewing and Martin Zielke, as well as ECB head Mario Draghi (due
to speak at 0800 GMT) and Bundesbank's Jens Weidmann (1300 GMT).
UNIPER UN01.DE
Activist fund Elliott's raised stake in Uniper could pave
the way for a new takeover attempt by Finland's Fortum
FORTUM.HE , which is already the German energy group's largest
shareholder, according to people close to the matter.
urn:newsml:reuters.com:*:nS8N1XI00C
SAP SAPG.DE
CFO Luka Mucic due to speak at Morgan Stanley TMT Conference
in Barcelona at 0755 GMT
MORPHOSYS MORG.DE
The biotech company said it had signed a strategic
partnering agreement with Chinese company I-Mab for Morphosys'
immuno-oncology agent MOR210. urn:newsml:reuters.com:*:nEQ6LSKlqa
AUMANN AAGG.DE
Q3 results due
STABILUS STAB.DE
Fiscal 2018 results due
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.8 pct, S&P 500 .SPX +1.1 pct, Nasdaq
.IXIC +1.7 pct at close. .N
Nikkei .N225 -0.6 pct, Shanghai stocks .SSEC +0.7 pct.
.T .SS
Time: 5:49 GMT.
ECONOMIC DATA
German October wholesale prices due at 0700 GMT.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Berlin Speed Desk)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))