German stocks - Factors to watch on November 13
13/11/2015 06:02
FRANKFURT, Nov 13 (Reuters) - The following are some of the
factors that may move German stocks on Friday:
LUFTHANSA LHAG.DE
The airline will cancel another 941 flights on Friday due to
a strike, affecting 111,000 passengers. The cabin crew union
(UFO) signalled on Thursday a willingness to compromise, saying
it will make a new proposal on Friday to end the dispute with
Lufthansa. urn:newsml:reuters.com:*:nL8N1374UI
VOLKSWAGEN VOWG_p.DE
The President of Lower Saxony and VW supervisory board
member Stephan Weil called on the carmaker to quickly name those
responsible for understating the carbon dioxide emissions and
fuel consumption of vehicles. "I very much hope that we will
know very soon who was involved in the manipulation of CO2
emissions, why and under who's instruction," Weil said,
according to Frankfurter Allgemeine Zeitung.
October sales figures expected.
DEUTSCHE EUROSHOP DEQGn.DE
The real estate group slightly cut its earnings forecasts
for 2015 and 2016 late on Thursday due to the impact of lower
inflation rates on rent contracts. urn:newsml:reuters.com:*:nASM000DFO
HOCHTIEF HOTG.DE
Spain's ACS ACS.MC upped its stake in the German building
company as announced in October and now holds 66.54 percent, it
said on Thursday.
LEG IMMOBILIEN LEGn.DE
The German property group has issued new shares representing
7.7 percent of its current capital to finance the acquisition of
flats in North Rhine-Westphalia. The issue price was 68.00 euros
per share, resulting in gross proceeds of 306.7
million, LEG said late Thursday. urn:newsml:reuters.com:*:nASM000DFT
PROSIEBENSAT.1 PSMGn.DE
The media group is less optimistic about the German
television ads market than its peer RTL Group RRTL.DE as the
fourth quarter is marked by too many uncertainties, its chief
executive said on Thursday. urn:newsml:reuters.com:*:nF9N10H00Y
ADLER REAL ESTATE ADLG.DE
Q3 results due.
BVB BVB.DE
Full Q1 results due. The company published preliminary
results on Nov. 6, saying it slumped to a loss before interest
and tax (EBIT) of 5.2 million euros from a year-earlier profit
of 3.8 million. urn:newsml:reuters.com:*:nASN000B0D
GESCO GSC1n.DE
Q2 results due.
GFK GFKG.DE
Q3 results due. The market research group agreed to sell its
global animal & crop health division, with annual sales of
around 30 million euros, to a consortium comprising private
equity group Inflexion and current management led by Stephen
Hearn
HEIDELBERGER DRUCKMASCHINEN HDDG.DE
Q2 results due. EBIT seen up 64 percent at 19.8 million
euros. Poll: urn:newsml:reuters.com:*:nL8N1374R9
ZEAL NETWORK TIMGn.DE
Q3 results due. The lottery group slashed its 2015 guidance
in early September due to a large jackpot pay-out. urn:newsml:reuters.com:*:nASM000C10
ENBW EBKG.DE
Q3 results due at 0800 GMT.
ANALYSTS' VIEWS
DEUTSCHE BANK DBKGn.DE - Citigroup cuts to "neutral",
lowers its target price to 27 euros from 35 euros
HHLA HHFGn.DE - Nomura raises to "neutral" from "reduce",
cuts target price to 13 euros from 13.30 euros
OVERSEAS STOCK MARKETS
Dow Jones .DJI -1.4 pct, S&P 500 .SPX -1.4 pct, Nasdaq
.IXIC -1.2 pct at close. .N
Nikkei .N225 -0.6 pct, Shanghai stocks .SSEC -1.2 pct.
Time: 5.54 GMT. .T .SS.
GERMAN ECONOMIC DATA
German Q3 flash GDP data due at 0700 GMT. Seen +0.3 pct q/q,
+1.8 pct y/y.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
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(Reporting by Maria Sheahan)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))
Keywords: GERMANY STOCKS/FACTORS