German stocks - Factors to watch on May 14

Corestate Capital Holding SA

14/05/2019 05:39

BERLIN, May 14 (Reuters) - The following are some of the
factors that may move German stocks on Tuesday:
    
    VOLKSWAGEN  VOWG_p.DE 
    * Volkswagen will invest almost 1 billion euros ($1.12
billion) in battery cell production at a facility in western
Germany and is seeking to simplify the group by spinning off or
selling units.  urn:newsml:reuters.com:*:nL5N22P6LJ
    * Volkswagen said it would resume preparations for an IPO of
its trucks unit Traton, which it put on hold in March due to
volatile market conditions.  urn:newsml:reuters.com:*:nL5N22P6LC
    * Volkswagen truck brand Scania has signed a battery supply
deal with Sweden's Northvolt and is in talks about making an
equity investment as part of the startup's efforts to raise 1.5
billion euros, Scania's head said.  urn:newsml:reuters.com:*:nL5N22P5JA 
    * AGM due at 0800 GMT. Live broadcast: https://bit.ly/2HnB41d
    
    BAYER  BAYGn.DE 
    * A California jury awarded more than $2 billion to a couple
who claimed Bayer's glyphosate-based Roundup weed killer caused
their cancer, in the largest U.S. jury verdict to date against
the company in litigation over the chemical.
    * Separately, Bayer said its Monsanto unit, which is being
investigated by French prosecutors for compiling files of
influential people, likely did the same across Europe,
suggesting a potentially wider problem.  urn:newsml:reuters.com:*:nL5N22P54J
    
    BEIERSDORF  BEIG.DE 
    Beiersdorf is buying U.S. sun care brand Coppertone from
Bayer for $550 million to strengthen its position in North
America.  urn:newsml:reuters.com:*:nL5N22P6AQ
    
    VONOVIA  VNAn.DE  
    The residential property company said it generated gross
proceeds of 744.15 million euros before commissions and expenses
in a capital increase which will be partly used for financing
the acquisition of Swedish apartments.  urn:newsml:reuters.com:*:nEQ9fCVxLa
    
    NORD STREAM 2  BASFn.DE   UN01.DE 
    Two U.S. senators plan to introduce a bill targeting the
Nord Stream 2 pipeline that would take natural gas from Russia
to Germany, Bloomberg reported.  urn:newsml:reuters.com:*:nL4N22P505
    
    ALLIANZ  ALVG.DE 
    Q1 results due. Net profit seen at 1.91 billion euros.
 urn:newsml:reuters.com:*:nL5N22M5LE
    
    MERCK KGAA  MRCG.DE 
    Q1 results due. Adj EBITDA seen at 944 million euros.
 urn:newsml:reuters.com:*:nL5N22M2EP
    
    THYSSENKRUPP  TKAG.DE 
    Fiscal Q2 results due
    
    WIRECARD  WDIG.DE 
    Strategy and product presentation due
    
    ROCKET INTERNET RKET.DE  HELLOFRESH HFGG.DE  
    Rocket Internet is selling its entire stake in the meal kit
firm HelloFresh to institutional investors in an accelerated
placement. Rocket Internet held a 29 percent stake in HelloFresh
in April.  urn:newsml:reuters.com:*:nEQ7Nw6B6a
    
    DEUTSCHE WOHNEN  DWNG.DE 
    Q1 results due. Adj FFO seen at 133 million euros.
 urn:newsml:reuters.com:*:nL5N22M2H2
    
    FRAPORT  FRAG.DE 
    April traffic figures due
    
    INNOGY  IGY.DE 
    Q1 results due. Net profit seen at 424 million euros.
 urn:newsml:reuters.com:*:nL5N22L80G
    
    K+S  SDFGn.DE 
    Q1 results due
    
    LANXESS  LXSG.DE 
    Q1 results due. Adj EBITDA seen at 270 million euros.
 urn:newsml:reuters.com:*:nL5N22M2GA
    
    SCOUT24  G24n.DE 
    Q1 results due
        
    NORDEX  NDXG.DE 
    Q1 results due. EBIT seen at -11.3 million euros.
 urn:newsml:reuters.com:*:nL5N22P2NL
    
    CORESTATE CAPITAL  CCAG.DE 
    Q1 results due
    
    DEUTSCHE BETEILIGUNGS AG  DBANn.DE 
    Fiscal H1 results due
    
    INDUS HOLDING  INHG.DE 
    Q1 results due
    
    STROEER  SAXG.DE 
    Q1 results due
    
    
    ANNUAL GENERAL MEETINGS
    E.ON  EONGn.DE  - 0.43 eur/shr dividend proposed
    VOLKSWAGEN  VOWG_p.DE  - 4.86 eur/shr dividend proposed
    GRENKE  GLJn.DE  - 0.80 eur/shr dividend proposed
    
        
    ANALYSTS' VIEWS 
    HOCHTIEF  HOTG.DE  - CFRA raises to "strong buy" from "buy"
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -2.4 pct, S&P 500 .SPX  -2.4 pct, Nasdaq
 .IXIC  -3.4 pct at close.  .N 
    Nikkei  .N225  -0.8 pct, Shanghai stocks  .SSEC  -0.4 pct.
 .T   .SS 
    Time: 4:29 GMT
    
    
    GERMAN ECONOMIC DATA
    * May ZEW indicator due at 0900 GMT. Economic sentiment seen
at 5.0, current conditions at 6.0
    * April final inflation data due at 0600 GMT. HICP seen +1.0
pct m/m, +2.1 pct y/y, CPI seen +1.0 pct m/m, +2.0 pct y/y
    * April wholesale prices data due at 0600 GMT
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 0.8898 euros)

 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com; +49 30 2888 5169))