German stocks - Factors to watch on October 24

bioXXmed AG

24/10/2016 05:56

FRANKFURT, Oct 24 (Reuters) - The following are some of the 
factors that may move German stocks on Monday: 
           
    CETA TRADE DEAL 
    The European Union has given Belgium until late on Monday to 
overcome opposition to a free trade deal with Canada from its 
French-speaking region or a summit to sign the pact that could 
boost both economies is off, EU sources said on Sunday. 
 urn:newsml:reuters.com:*:nL8N1CT0B8 
     
    INFINEON  IFXGn.DE  
    The German chipmaker does not plan to make big acquisitions 
in the near-term but would look at smaller bold-on deals, its 
finance chief told Boersen-Zeitung. 
     
    LUFTHANSA  LHAG.DE  
    German cabin crew union UFO will postpone strikes at 
Lufthansa's budget unit Eurowings as it has received a new wage 
proposal.  urn:newsml:reuters.com:*:nL8N1CS0KO urn:newsml:reuters.com:*:nFWN1CR0WP 
     
    VOLKSWAGEN  VOWG_p.DE   VOWG.DE  
    The Piech and Porsche families that control more than 52 
percent of Volkswagen have vowed to back senior management, 
setting aside past disputes as the carmaker struggles to 
overcome an emissions scandal, Der Spiegel reported on Saturday. 
 urn:newsml:reuters.com:*:nL8N1CS06H 
         
    AAREAL BANK  ARLG.DE  
    The lender wants to increase its US portfolio in the 
mid-term to 6.5 billion euro or about a quarter of its portfolio 
from a current level of 5.8 billion, its chief executive told 
Euro am Sonntag. 
     
    AIXTRON  AIXGn.DE  
    The company said on Monday the German Economy Ministry has 
withdrawn a clearance certificate for Fujian Grand Chip 
Investment Fund LP and announced plans to reopen a review of the 
Chinese company's planned takeover of Aixtron. 
     
    SARTORIUS  SATG.DE    
    Q3 results due. 
     
    SLM SOLUTIONS  AM3D.DE  
    General Electric Co  GE.N  can build its 3D printing 
capability without buying Germany's SLM Solutions and does not 
need to increase its takeover offer in light of opposition from 
a major shareholder, GE Chief Financial Officer Jeff Bornstein 
told Reuters in an interview on Friday. The offer is due to run 
out on Monday.  urn:newsml:reuters.com:*:nL1N1CR0ZO 
     
    SOLARWORLD  SWVKk.DE , SILTRONIC  WAFGn.DE , SMA SOLAR 
 S92G.DE  
    SolarWorld warned it would not achieve its 2016 sales and 
profit goals due to a collapse in demand in China that resulted 
in Chinese competitors dumping their inventories on the global 
market.  urn:newsml:reuters.com:*:nASM00070N 
     
    CYTOTOOLS  T5OG.DE  
    The biotech company has put the sale of its Dermapro unit on 
ice, its chief executive told Frankfurter Allgemeine Zeitung. 
     
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.1 pct, S&P 500 .SPX  unchanged, Nasdaq 
 .IXIC  +0.3 pct at close.  .N  
    Nikkei  .N225  +0.3 pct, Shanghai stocks  .SSEC  +1.3 pct. 
    Time: 4.56 GMT.  .T   .SS  
 
    GERMAN ECONOMIC DATA 
    German October Markit flash PMI due at 0730 GMT. 
Manufacturing PMI seen at 54.2 vs 54.3, services PMI at 51.5 vs 
50.9, composite at 53.2 vs 52.8. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Georgina Prodhan, Harro ten Wolde and Maria 
Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS