German stocks - Factors to watch on November 12

Deutsche Euroshop AG

12/11/2021 05:55

BERLIN/FRANKFURT, Nov 12 (Reuters) - The following are some
of the factors that may move German stocks on Friday:
    
    CORONAVIRUS
    Germany reported 48,640 new infections and 191 more deaths.
    
    VOLKSWAGEN  VOWG_p.DE 
    Head of Volkswagen's Financial Services Lars Henner
Santelmann will step down from his position on Jan. 31 next
year, the company said in a statement on Thursday. He will be
succeeded by Dr. Christian Dahlheim, currently head of sales at
the Volkswagen Group.  urn:newsml:reuters.com:*:nL8N2S27PK
    The Australian Competition and Consumer Commission said its
high court said it had denied Volkswagen leave to appeal A$125
million penalty.  urn:newsml:reuters.com:*:nFWN2S22AW
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    Deutsche Telekom's board of management will propose
increasing the dividend to 0.64 euros per share from 0.60 euros,
the company said in a statement ahead of results on Friday.
 urn:newsml:reuters.com:*:nL8N2S27S2
    
    DEUTSCHE EUROSHOP  DEOQGn.DE 
    Deutsche Euroshop reported third-quarter revenue at 90% of
pre-crisis levels.  urn:newsml:reuters.com:*:nASN001VMT
        
    ANALYSTS' VIEWS
    VONOVIA SE  VNAn.DE : GOLDMAN SACHS REINSTATES WITH BUY
RATING AND EUR 76.7 TARGET PRICE
    K+S  SDFGn.DE : BERENBERG RAISES TO HOLD FROM SELL

    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.4%, S&P 500 .SPX  +0.1%, Nasdaq  .IXIC 
+0.5% at close.  .N 
    Nikkei  .N225  +1.1%, Shanghai stocks  .SSEC  +0.2%.  .T 
 .SS 
    Time: 5:55 GMT
    
    ECONOMY
    German October wholesale price index due around 0700 GMT.   
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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