German stocks - Factors to watch on November 5

Delticom AG

05/11/2014 07:19

BERLIN/FRANKFURT, Nov 5 (Reuters) - The DAX top-30 index 
 .GDAXI  looked set to open 0.9 percent higher on Wednesday, 
according to premarket data from brokerage Lang & Schwarz at 
0708 GMT. 
    The following are some of the factors that may move German 
stocks: 
     
    ALLIANZ  ALVG.DE   
    Indicated 0.7 percent higher 
    The Pimco Total Return Exchange-Traded Fund posted its 
second straight month of outflows in October, totalling $437 
million compared with $631 million outflow in September, 
according to Morningstar data on Tuesday.  ID:nL1N0SU1FV  
    Related news  ALVG.DE-E  
     
    SIEMENS  SIEGn.DE  
    Indicated 0.6 percent higher 
    The engineering group's supervisory board is due to hold a 
meeting on Wednesday at which it is expected to sign off on a 2 
billion-euro ($2.5 billion) sale of its hearing-aids business to 
private equity firm EQT and take its first major step to 
separate its giant healthcare unit from the rest of the company 
as a precursor to a possible sale or spin-off.  ID:nL6N0SU2I5  
    Related news  SIEGn.DE-E  
     
    AXEL SPRINGER  SPRGn.DE   
    Indicated 0.5 percent lower 
    The publisher said on Wednesday its third-quarter core 
profit rose 2 percent as its push into digital publishing paid 
off.  ID:nFWN0SU01T  
    Related news  SPRGn.DE-E  
     
    BRENNTAG  BNRGn.DE  
    No indication available 
    The chemicals distributor on Wednesday posted a 3.2 percent 
gain in quarterly core earnings, slightly better than expected, 
driven by growth in Europe and North America.  ID:nL6N0SV0NH  
    Related news  BNRGn.DE-E  
     
    ELRINGKLINGER  ZILGn.DE   
    Indicated 3 percent higher 
    The automotive supplier reported a 7.6 percent gain in 
third-quarter earnings before interest and taxes (EBIT) and 
affirmed its forecast for 2014 EBIT to rise to 160-165 million. 
 ID:nASN0005BU  
    Related news  ZILGn.DE-E  
     
    HANNOVER RE  HNRGn.DE   
    Indicated 1.4 percent higher 
    The reinsurer's net profit rose by a forecast-beating 21 
percent to 251 million euros ($315 million) in the third 
quarter, as premium and investment income growth exceeded 
expectations.  ID:nFWN0SU040  
    Related news  HNRGn.DE-E  
     
    KION  KGX.DE   
    No indication available 
    The forklift truck maker said third-quarter orders rose 9 
percent, lifted by strong demand from China and for electric 
forklift trucks.  ID:nL6N0SV0LM  
    Related news  KGX.DE-E  
     
    KUKA  KU2G.DE   
    Indicated 1.7 percent higher 
    The industrial robot maker reported a 22 percent rise in 
quarterly operating profit, beating estimates, partly thanks to 
demand from the automotive sectors in Europe, China and the 
United States.  ID:nFWN0SU01Q  
    Related news  KU2G.DE-E  
     
    NORMA  NOEJ.DE   
    No indication available 
    The auto parts maker confirmed its performance guidance for 
2014 after posting an 8.5 percent rise in adjusted EBITA in the 
first nine months to 92.3 million euros on the back of a 7.4 
percent rise in sales to 518.5 million euros.  ID:nFWN0SU01N  
    Related news  NOEJ.DE-E  
     
    KONTRON  KBCG.DE   
    Indicated 3.7 percent higher 
    The embedded computer manufacturer posted an unexpected 
adjusted EBIT loss of 1.8 million euros, compared with consensus 
for a 3 million euro profit, but affirmed its 2014 outlook. 
 ID:nASN0005BQ  
    Related news  KBCG.DE-E  
     
    DELTICOM  DEXGn.DE   
    Indicated 2.8 percent lower 
    The tyre retailer lowered its sales and profit guidance for 
2014 after warm weather in March and the autumn affected 
customer purchasing patterns.  ID:nASN0005AL  
    Related news  DEXGn.DE-E  
     
    PAION  PA8G.DE  
    Down 11 pct in early Frankfurt trade 
    The specialty pharmaceuticals company said its Japanese 
partner Ono Pharmaceutical  4528.T  has decided not to file for 
regulatory approval of anaesthetic Remimazolam, in a fresh 
setback in the development of the drug.  ID:nFWN0SU01D  
    Related news  PA8G.DE-E  
     
    ANALYSTS' VIEWS 
    RHOEN-KLINIKUM  RHKG.DE  - Berenberg cuts the stock to 
"hold" from "buy", lowers its target price to 24.50 euros from 
26.50 euros. 
     
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  +0.1 pct, S&P 500  .SPX  -0.3 pct, Nasdaq 
 .IXIC  -0.3 pct at Tuesday's close.  ID:nL1N0SU2RE  
    Nikkei  .N225  +0.4 pct at Wednesday's close. 
 ID:nL4N0SV3FG  
     
    GERMAN ECONOMIC DATA 
    German October Markit Services PMI due at 0855 GMT. Seen 
unchanged at 54.8. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.7994 euro) 
 
 
(1 US dollar = 0.7982 euro) 
 
 (Reporting by Victoria Bryan and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY MARKETS STOCKS