German stocks - Factors to watch on August 12

Bertrandt AG

12/08/2015 05:51

FRANKFURT, Aug 12 (Reuters) - The following are some of the 
factors that may move German stocks on Wednesday: 
     
    CHINA 
    China's yuan hit a four-year low on Wednesday, falling for a 
second day after authorities devalued it in a move that sparked 
fears of a global currency war and accusations that Beijing was 
giving an unfair advantage to its struggling exporters. 
 ID:nL3N10M6AI  
     
    BMW  BMWG.DE   
    BMW on Tuesday said it was looking into whether Google 
 GOOGL.O  infringed any trademark rights after the Silicon 
Valley-based group set up a new company called Alphabet, which 
is also the name of a BMW subsidiary.  ID:nL5N10M3ZR  
    Separately, Drive Now, the car sharing business run by BMW 
BMWG.DE and car rental firm Sixt SIXG.DE will allow third-party 
companies to run their business as a franchise in some cities, 
German daily Handelsblatt reported, citing Drive Now executive 
Nico Gabriel.  ID:nL5N10M3XO  
     
    DEUTSCHE BANK  DBKGn.DE  
    Postbank, the retail bank chain that Deutsche Bank plans to 
divest, is working hard to ready itself for its expected initial 
public offering (IPO), Postbank's chief executive told a German 
newspaper.  ID:nL5N10M4B3  
     
    E.ON  EONGn.DE  
    H1 results due. Earnings before interest, tax, depreciation 
and amortisation (EBITDA) seen down 15 percent at 4.28 billion 
euros ($4.72 billion). Poll:  ID:nL5N10L2XZ  
     
    HENKEL  HNKG_p.DE   
    Q2 results due. Adjusted EBIT seen up 15 percent at 772 
million euros. Poll:  ID:nL5N10L2BZ  
     
    RWE  RWEG.DE  
    RWE sees no need for a regulatory pre-announcement ahead of 
its first half results on Thursday, an RWE spokeswoman said, 
suggesting the group would likely stick to its forecast after a 
report said it would not.  ID:nL5N10M444  
     
    BILFINGER  GBFG.DE   
    Q2 results due. The engineering services firm already warned 
in June that a write-down on its Power unit would cause a 
substantial first-half net loss.  ID:nL5N0Z42IN  
     
    FRAPORT  FRAG.DE   
    July traffic figures due at 0500 GMT. 
     
    TALANX  TLXGn.DE  
    Q2 results due. Net profit is seen down 52 percent at 79 
million euros. Poll:  ID:nL5N10L1CQ  
     
    EVOTEC  EVTG.DE  
    Q2 results due. 
     
    LPKF  LPKG.DE   
    Full Q2 results due. The maker of laser-based production 
equipment cut its sales forecast on July 8, saying orders for 
LDS gear from antenna manufacturers were significantly lower 
than expected.  ID:nASN0008XH  
 
    BERTRANDT  BDTG.DE   
    Q3 results due. 
     
    HAMBORNER REIT  HABG.DE   
    Q2 results due. 
     
    HEIDELBERGER DRUCKMASCHINEN  HDDG.DE  
    Full Q1 results due. The company already published 
preliminary figures on July 21, with EBITDA jumping to 46 
million euros from 6 million.  ID:nFWN10100G  
            
    EX-DIVIDEND  
    CELESIO  CLSGn.DE  - dividend 0.83 eur/shr  
         
    ANALYSTS' VIEWS  
    FRAPORT  FRAG.DE  - SocGen starts the stock with "buy", 
price target of 74 euros 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  minus 1.2 pct, S&P 500 .SPX  minus 1 pct, 
Nasdaq  .IXIC  minus 1.3 pct. at Tuesday's close. 
 ID:nL1N10M2RE  
    Nikkei  .N225  minus 1.8 pct, Shanghai stocks  .SSEC  minus 
0.5 pct. 
    Time: 4:51 GMT.  ID:nL3N10N1J9  
     
    GERMAN ECONOMIC DATA 
    No economic data scheduled. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 
($1 = 0.9067 euros) 
 
 (Reporting by Jonathan Gould and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY MARKETS STOCKS/