German stocks - Factors to watch on March 21

Corestate Capital Holding SA

21/03/2019 06:04

BERLIN/FRANKFURT, March 21 (Reuters) - The following are
some of the factors that may move German stocks on Thursday:
    
    ALLIANZ  ALVG.DE  
    Company is eyeing acquisitions in the field of asset
management, the Financial Times reported on Thursday, citing
Allianz CFO Terzariol as saying that the insurance group was
looking at the possibility to diversify into new strategies.
 urn:newsml:reuters.com:*:nL3N2180YF
    
    BAYER  BAYGn.DE   
    A lawyer for a man who sued the German company's unit
Monsanto after developing cancer in San Francisco on Wednesday
told a jury about the company's alleged efforts to influence
scientists and regulators, a day after the jury found Bayer's
glyphosate-based weed killer Roundup to have caused the man's
disease.  urn:newsml:reuters.com:*:nL8N2175VX
    
    DEUTSCHE BANK  DBKGn.DE , COMMERZBANK  CBKG.DE 
    The supervisory boards of Deutsche Bank and Commerzbank are
due to meet on Thursday after the two German lenders confirmed
last weekend that they would hold merger talks.  urn:newsml:reuters.com:*:nL8N21518L
    The merger talks have put Deutsche Bank's 10,000 U.S.
workers on edge, three employees told Reuters, with some
concerned a deal could pressure Deutsche to further shrink or
even dispose of its U.S. businesses. urn:newsml:reuters.com:*:nL1N2170SK
    
    HEIDELBERG CEMENT  HEIG.DE  
    The world's second-largest cement maker expects sales and
profits to grow moderately, it said on Thursday, banking on
energy cost inflation and higher demand for construction
materials in Indonesia, Europe and North America.  B4N1S101J 
        
    BASF's WINTERSHALL  BASFn.DE   WINT.UL  
    Annual news conference due.  
        
    JENOPTIK  JENGn.DE  
    Final 2018 results due. Company in February said its
full-year EBITDA grew by 19 percent and order intake was at a
record high.  urn:newsml:reuters.com:*:nFWN20800P
    
    XING  OBCGn.DE 
    Annual report due. Company in February said 2018 sales rose
by 25 percent, operating profit rose by 23 percent.  urn:newsml:reuters.com:*:nS8N20K00C
    
    PROSIEBENSAT.1 MEDIA  PSMGn.DE 
    Annual report due. Company earlier this month confirmed its
guidance for mid-single-digit percentage growth in revenues in
2019 and an adjusted earnings before interest, taxation,
depreciation and amortization (EBITDA) margin of 22-25 percent.
 urn:newsml:reuters.com:*:nL5N20U1GN 
    
    BEFESA  BFSA.DE  
    Annual report due. Company in February reported a 83 million
euro net profit, saying it expected continued growth in 2019.
 urn:newsml:reuters.com:*:nFWN20K1AJ
    
    CORESTATE  CCAG.DE  
    Annual report due. Company in February said its full-year
net profit came in at 135 million euros, an increase of 45
percent.  urn:newsml:reuters.com:*:nASP0005E9
    
    HORNBACH HOLDING  HBH.DE           
    Full-year trading statement due. 
          
    KRONES  KRNG.DE  
    Annual report due. 
    
    PATRIZIA IMMOBILIEN  PATGn.DE  
    Annual report and news conference due. 
    
    TLG Immobilien  TLGG.DE  
    Q4 results due. 
    
    ANALYSTS' VIEWS 
    MUNICH RE  MUVGn.DE  - Jefferies lowers to "HOLD" from "BUY"
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.6 pct, S&P 500 .SPX  -0.3 pct, Nasdaq
 .IXIC  +0.1 pct at close.  .N 
    Japanese markets closed, Shanghai stocks  .SSEC  +0.9 pct.
 .T   .SS 
    Time: 6:03 GMT. 
    
    
    GERMAN ECONOMIC DATA
    No major economic data scheduled.
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

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