German stocks - Factors to watch on December 15

Bertrandt AG

15/12/2016 06:11

FRANKFURT, Dec 15 (Reuters) - The following are some of the 
factors that may move German stocks on Thursday: 
     
    MARKETS 
    The U.S. Federal Reserve raised interest rates by a quarter 
point on Wednesday and signalled a faster pace of increases in 
2017 as the Trump administration takes over with promises to 
boost growth through tax cuts, spending and deregulation. 
 urn:newsml:reuters.com:*:nL1N1E90UP 
     
    ADIDAS  ADSGn.DE  
    The company is still not happy with its business performance 
in the United States and will continue to invest heavily there, 
Chief Executive Kasper Rorsted told German business daily 
Handelsblatt, confirming there are no plans to sell Reebok. 
     
    AUTOS  BMWG.DE  DAIGn.DE  VOWG_p.DE  
    European monthly car sales data due from ACEA at 0700 GMT. 
    Separately, BMW said its venture capital unit BMW i Ventures 
has made a strategic investment in STRIVR Labs, the world leader 
in using virtual reality for professional training.  urn:newsml:reuters.com:*:nFWN1E90OK 
     
    CONTINENTAL  CONG.DE  
    The automotive supplier has been having a good fourth 
quarter and is confident it will reach its full-year targets, 
Chief Executive Elmar Degenhart told WirtschaftsWoche in an 
interview. 
     
    DEUTSCHE BANK  DBKGn.DE  
    Deutsche Bank and German retail heiress Madeleine 
Schickedanz have agreed to settle a legal dispute, Germany's 
flagship carrier said on Wednesday. A source familiar with the 
matter said the settlement is worth less than 100 million euros  
($105 million).  urn:newsml:reuters.com:*:nFWN1E90O3 
     
    DEUTSCHE BOERSE  DB1Gn.DE  
    The European Commission continues to have concerns about the 
planned merger of Deutsche Boerse and London Stock Exchange 
Group  LSE.L , but to a lesser extent than three months ago, the 
stock market operators said in a joint statement on Wednesday. 
 urn:newsml:reuters.com:*:nL5N1E9653 
     
    INSURERS  ALVG.DE  MUVGn.DE  TLXGn.DE  
    Results of EIOPA's insurance stress test due after market 
close. 
     
    LINDE  LING.DE  
    Linde's British unit BOC would be managed out of Germany 
under a proposed merger deal with Praxair  PX.N , 
WirtschaftsWoche reported, citing company sources. 
     
    LUFTHANSA  LHAG.DE  
    The carrier is due to hold a joint news conference with 
Brussels Airlines after saying it reached a deal to fully take 
over the Belgian carrier.  urn:newsml:reuters.com:*:nL5N1E94WX 
     
    RWE  RWEG.DE  
    Regional court ruling due on whether to admit a damages suit 
brought against RWE by a Peruvian farmer. 
     
    METRO  MEOG.DE  
    Capital Markets Day due. 
    The group said it expects its consumer electronics unit, to 
be renamed Ceconomy, to lead consolidation in the sector after 
it is split from the wholesale and hypermarket food business 
next year.  urn:newsml:reuters.com:*:nF9N1DH013 
     
    BERTRANDT  BDTG.DE   
    Q4 results due. Operating profit seen up 3.7 percent at 30.6 
million euros. Poll:  urn:newsml:reuters.com:*:nL5N1E326E 
     
    DEUTSCHE BETEILIGUNGS AG  DBANn.DE   
    Q4 results due. Net income seen at 18.6 million euros  
($19.8 million) versus a year-earlier loss of 1.3 million. Poll: 
 urn:newsml:reuters.com:*:nL5N1E83W2 
     
    DIC ASSET  DICn.DE  
    The company said it had secured 960 million euros of 
financing for its commercial portfolio. It also said it expects 
its funds from operations to rise to between 55 and 60 euros 
next year.  urn:newsml:reuters.com:*:nFWN1E90O9 
     
    STABILUS  STAB.DE  
    The group presented full annual results and announced plans 
to pay a dividend of 0.50 euros per share.  urn:newsml:reuters.com:*:nASN0004Q8 
         
    ANNUAL GENERAL MEETINGS 
    KWS SAAT  KWSG.DE  - 3.00 eur/shr dividend proposed 
 
    ANALYSTS' VIEWS  
    MTU AERO ENGINES  MTXGn.DE  - JP Morgan raises to 
"overweight" from "neutral" 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.6 pct, S&P 500 .SPX  -0.8 pct, Nasdaq 
 .IXIC  -0.5 pct at close.  .N  
    Nikkei  .N225  +0.3 pct, Shanghai stocks  .SSEC  -0.9 pct. 
    Time: 6.11 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German December Markit flash PMI due at 0830 GMT. 
Manufacturing PMI seen 54.5 points vs 54.3, Services PMI seen at 
54.9 vs 55.1, Composite PMI seen at 54.8 vs 55.0. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.9520 euros) 
 
 (Reporting by Christoph Steitz and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS