German stocks - Factors to watch on February 17

Bertrandt AG

17/02/2020 06:24

BERLIN/FRANKFURT, Feb 17 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    New York on Sunday dropped its fight against the $40 billion
merger of U.S. wireless carriers T-Mobile US Inc  TMUS.O  and
Sprint Corp  S.N , saying the state would not appeal a judge's
approval of the deal.  urn:newsml:reuters.com:*:nL1N2AG054
    
    BAYER  BAYGn.DE , BASF  BASFn.DE 
    A Missouri jury's $265 million award to peach grower Bill
Bader in his lawsuit against herbicide providers Bayer and BASF
has raised the stakes for the two companies as at least 140
similar cases head to U.S. courts later this year.  urn:newsml:reuters.com:*:nL8N2AG0JW
    
    BERTELSMANN  BTGGg.F , RTL  RRTL.DE , PROSIEBEN  PSMGn.DE 
    The head of publisher Bertelsmann said that its TV arm RTL
should be allowed to merge with German rival ProSiebenSat.1 in
order to give them a fighting chance of competing against U.S.
streaming giants.  urn:newsml:reuters.com:*:nL8N2AG0CQ
    
    CARMAKERS  VOWG_p.DE   DAIGn.DE   BMWG.DE 
    China's auto market, the world's largest, is likely to see
sales slide more than 10% in the first half of the year due to
the coronavirus epidemic, the country's top auto industry body
told Reuters on Friday.  urn:newsml:reuters.com:*:nL4N2AH0GM
        
    DEUTSCHE BANK  DBKGn.DE 
    Deutsche Bank is facing a wave of contractor departures in
important compliance fields such as anti-money laundering after
upsetting its freelance workforce by demanding they take a 25%
pay cut in response to a change in UK tax law, the Financial
Times reported.  urn:newsml:reuters.com:*:nL4N2AH17T
    
    DEUTSCHE POST  DPWGn.DE 
    German post and logistics group Deutsche Post DPWGn.DE has
stopped accepting packages to send to China, Hong Kong and
Macao, a spokesman said on Friday, citing transport challenges
caused by the spread of the new coronavirus.  urn:newsml:reuters.com:*:nL8N2AE6U8
    
    VOLKSWAGEN  VOWG_p.DE 
    Volkswagen said it had postponed restarting its joint
venture with China's Saic Motor  600104.SS  until Feb. 24.
 urn:newsml:reuters.com:*:nB9N29P00S
    
    AIRBUS  AIR.PA 
    The head of the defence business of Airbus told Reuters
would start talks with labour representatives next week on job
cuts, as the German-based group retrenches following setbacks
with its A400M military transporter.  urn:newsml:reuters.com:*:nL4N2AF070
    
    BERTRANDT  BDTG.DE 
    The engineering services firm said EBIT dropped to 14.3
million euros ($15.50 million) in the first quarter from 18.3
million euros last year.  urn:newsml:reuters.com:*:nASN000304 
        
    EX-DIVIDEND 
    METRO  B4B.DE  - 0.70 eur/shr dividend 
        
    ANALYSTS' VIEWS 
    THYSSENKRUPP  TKAG.DE : Barclays raises to equal weight from
underweight
    FMC AG  FMEG.DE : Barclays raises target price to 84 euros
from 78 euros
    FRESENIUS SE  FREG.DE : Barclays raises target price to 54
euros from 51 euros
        
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.1%, S&P 500 .SPX  +0.2%, Nasdaq  .IXIC 
+0.2% at close.  .N 
    Nikkei  .N225  -0.7%, Shanghai stocks  .SSEC  +1.9%.  .T 
 .SS 
    Time: 6:23 GMT

    
    GERMAN ECONOMIC DATA
    No major economic data scheduled.
    
    DIARIES  DE/DIARY 
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($1 = 0.9227 euros)

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))