German stocks - Factors to watch on August 14

Bauer AG

14/08/2015 06:13

FRANKFURT, Aug 14 (Reuters) - The following are some of the 
factors that may move German stocks on Friday: 
     
    VOLKSWAGEN  VOWG_p.DE  PORSCHE  PSHG_p.DE  
    Prosecutors have dropped a market manipulation probe against 
members of the supervisory board of sportscar maker Porsche AG, 
including Wolfgang Porsche and Ferdinand Piech, Frankfurter 
Allgemeine Zeitung said citing people close to the case. Porsche 
declined comment. Porsche AG is now owned by Volkswagen AG.   
     
    DEUTSCHE EUROSHOP  DEQGn.DE  
    Still expects sales of between 201 million euros and 204 
million euros, with EBIT between 177 million euros and 180 
million euros for FY 2015. Aims to pay dividend of at least 1.35 
euros per share for FY 2015.  ID:nASM000BMA  
     
    LEG IMMOBILIEN  LEGn.DE  
    The group raised its  FFO I forecast for 2015 and 
2016. ID:nFWN10O06X  
     
    BAUER  B5AG.DE   
    The group reported H1 EBIT of 16 million euros on sales of 
780.4 million euros. ID:nFWN10O06S  
     
    GESCO  GSC1n.DE  
    Q1 results due. 
 
    GFK  GFKG.DE   
    The group said second quarter adjusted operating profit 
declined 2.6 percent to 43.9 million euros on sales of 384.8 
million euros. ID:nF9N10G00L  
       
    TELE COLUMBUS  TC1n.DE  
    Q2 results due. 
         
    HELLA  HLE.DE   
    The automotive supplier plans to grow 2015/16 sales and EBIT 
in middle to high single-digit percentage range.  ID:nASM000BNI  
     
    DEUTSCHE PFANDBRIEFBANK  PBBG.DE   
    Q2 results due. 
     
    MVV ENERGIE  MVVGn.DE   
    9-month results due. 
     
    SKW Stahl-Metallurgie Holding AG  SK1Gn.DE  
    SKW said it expects revenues and EBITDA for the full year 
2015 to be significantly below the previous year given a lacking 
revitalization of the US-American steel economy. SKW said it is 
currently evaluating whether and to which extent the announced 
capital increase can now be enacted. 
     
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  unchanged, S&P 500 .SPX  minus 0.1 pct, 
Nasdaq  .IXIC  minus 0.2 pct. at Thursday's close. 
 ID:nL1N10O2TP  
    Nikkei  .N225  minus 0.2 pct, Shanghai stocks  .SSEC  plus 
1.2 pct. 
    Time: 5:13 GMT.  ID:nL3N10P1EI  
     
    GERMAN ECONOMIC DATA 
    German Q2 flash GDP due at 0600 GMT. Seen +0.5 pct q/q, +1.5 
pct y/y. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Edward Taylor and Kirsti Knolle) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY MARKETS STOCKS/