German stocks - Factors to watch on January 15

Corestate Capital Holding SA

15/01/2021 05:58

BERLIN, Jan 15 (Reuters) - The following are some of the
factors that may move German stocks on Friday:
    
    CORONAVIRUS
    Chancellor Angela Merkel wants "very fast action" to counter
the spread of COVID-19 mutations, she told a meeting of top
officials from her party after Germany recorded a record number
of deaths from the coronavirus.  urn:newsml:reuters.com:*:nL8N2JP29K
    The number of reported coronavirus infections in Germany
passed the 2 million mark while the country reported 1,113 more
deaths.
    U.S. President-elect Joe Biden outlined a $1.9 trillion
stimulus package proposal, saying bold investment was needed to
jump-start the economy and accelerate the distribution of
vaccines to bring the coronavirus under control.  urn:newsml:reuters.com:*:nL1N2JP30B
    Asian shares edged up near record highs after Biden proposed
a $1.9 trillion stimulus plan.  urn:newsml:reuters.com:*:nL8N2JQ0AH
    
    
    SAP  SAPG.DE 
    The business software group forecast flat revenue and a
decline in operating profit in 2021, as it released preliminary
annual results that came at the high end of guidance slashed
last autumn.  urn:newsml:reuters.com:*:nL1N2JP38B
    
    DAIMLER  DAIGn.DE 
    Daimler will cut production and reduce working hours at a
second factory, the latest automaker to suffer from a global
shortage of semiconductors, Handelsblatt reported, citing
company sources.  urn:newsml:reuters.com:*:nL1N2JP1WM
    
    VOLKSWAGEN  VOWG_p.DE 
    Volkswagen's Audi unit said a global shortage of
semiconductors due to the coronavirus pandemic has led the firm
to reduce shifts temporarily at its plant in the central Mexican
state of Puebla.  urn:newsml:reuters.com:*:nL1N2JP2MH
    
    DEUTSCHE BANK  DBKGn.DE 
    Wirecard, which last year filed for insolvency after an
accounting scandal, in 2018 offered a payments processing
collaboration to Deutsche Bank that failed to materialise,
Deutsche CEO Christian Sewing told German lawmakers.
    
    SIEMENS ENERGY  ENR1n.DE 
    General Electric  GE.N  accused a Siemens Energy subsidiary
of using stolen trade secrets to rig bids for lucrative
contracts supplying gas turbines to public utilities, and cover
up improper business gains totalling more than $1 billion,
according to a lawsuit.  urn:newsml:reuters.com:*:nL1N2JQ01P
    
    QIAGEN  QIA.DE 
    The genetic testing supplier warned against re-engineering
standard tests to monitor for new variants of the coronavirus,
saying the more onerous decoding of the entire viral genome was
the best method.  urn:newsml:reuters.com:*:nL8N2JP5NM
    
    COMMERZBANK  CBKG.DE 
    A top manager told German lawmakers the bank was a victim of
fraud surrounding the collapsed payments company Wirecard, as he
laid out how the lender was deceived by executives and auditors.
 urn:newsml:reuters.com:*:nL8N2JP36Z
    
    
    CORESTATE CAPITAL  CCAG.DE 
    The company announced the full acquisition of
Frankfurt-based Aggregate Financial Services, a debt financing
platform and fully licensed securities trading bank.
 urn:newsml:reuters.com:*:nEQ4FT5vda
    
    WESTWING  WEW.DE 
    The company said its gross merchandise volume grew by 62% to
502 million euros in 2020 and expected adjusted EBITDA to come
in around the upper end of the full-year guidance.  urn:newsml:reuters.com:*:nEQ77YXM7a
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.2%, S&P 500 .SPX  -0.4%, Nasdaq  .IXIC 
-0.1% at close.  .N 
    Nikkei  .N225  -0.5%, Shanghai stocks  .SSEC  -0.5%.  .T 
 .SS 
    Time: 5:58 GMT
    
    
    ECONOMY
    No major German economic data scheduled.
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))