German stocks - Factors to watch on November 13

Deutsche Euroshop AG

13/11/2020 05:57

BERLIN/FRANKFURT, Nov 13 (Reuters) - The following are some
of the factors that may move German stocks on Friday:
    
    CORONAVIRUS
    Stocks in Asia fell, following on from sell-offs in the
United States and Europe as investors feared the economic impact
of an accelerating rise in coronavirus infections.  urn:newsml:reuters.com:*:nL1N2HZ04U
    Germany recorded a record number of 23,542 daily new
infections and 218 more deaths.
    
    
    VOLKSWAGEN  VOWG_p.DE  
    The carmaker said it will invest $233.5 million in a new
production line for motors at a existing plant in central
Mexico. urn:newsml:reuters.com:*:nL1N2HY289
    California Air Resources Board Chair Mary Nichols said a
state agreement with major automakers including Volkswagen could
serve as a "good template" for how to address fuel efficiency
requirements through 2025.  urn:newsml:reuters.com:*:nL1N2HY3SW
    
    DAIMLER  DAIGn.DE 
    Daimler will be a smaller company five years from now,
focused on capturing recurring revenues with software-based
services as Mercedes-Benz seeks to redefine luxury in an era of
electric self-driving cars, Chief Executive Ola Kaellenius said.
 urn:newsml:reuters.com:*:nL8N2HY7RO
    The company and its China commercial vehicle partner Beiqi
Foton Motor  600166.SS  plan to invest 2.75 billion yuan ($415
million) to build Mercedes-Benz-branded Actros heavy trucks for
the first time in China, a document showed.  urn:newsml:reuters.com:*:nL1N2HZ09K
    
    BMW  BMWG.DE 
    A U.S. auto safety regulator said it identified the 18th
U.S. death tied to a Takata air bag inflator rupture after the
review of a recent BMW crash.  urn:newsml:reuters.com:*:nL1N2HY2TP
    
    
    DEUTSCHE WOHNEN  DWNG.DE 
    The real estate company said that it expects the valuation
of its properties to see an uplift of around 6% by
year-end. urn:newsml:reuters.com:*:nFWN2HY1FY
    
    THYSSENKRUPP  TKAG.DE 
    The conglomerate is reviewing ways to keep its electrolysis
unit Uhde as demand for large-scale production of hydrogen is
expected to increase, three people familiar with the matter told
Reuters.  urn:newsml:reuters.com:*:nL8N2HY3AB
    
    NORDEX  NDXG.DE 
    Q3 results due
    
    
    DEUTSCHE EUROSHOP  DEQGn.DE  
    The shopping mall operator said that it posted a net loss of
105.5 million euros in the first nine months, after a profit of
93.3 million in the year-earlier period. urn:newsml:reuters.com:*:nASN000IY6
    
    BORUSSIA DORTMUND  BVB.DE  
    Fiscal Q1 results due
    
    SALZGITTER  SZGG.DE 
    9M results due
    
    STABILUS  STAB.DE  
    Fiscal full-year results due
    
    TELE COLUMBUS  TC1n.DE  
    Q3 results due
    
    WUESTENROT & WUERTTEMBERGISCHE  WUWGn.DE  
    Q3 results due
    
        
    ANALYSTS' VIEWS 
    ADIDAS  ADSGn.DE  - RBC cuts to sector perform from
outperform
    AIRBUS  AIRG.DE  - JP Morgan raises to neutral from
underweight
    FRAPORT  FRAG.DE  - JP Morgan raises to neutral from
underweight
    STROEER  SAXG.DE  - Barclays raises to equal weight from
underweight
        
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -1.1%, S&P 500 .SPX  -1%, Nasdaq  .IXIC 
-0.7% at close.  .N 
    Nikkei  .N225  -0.8%, Shanghai stocks  .SSEC  -1.2%.  .T 
 .SS 
    Time: 5:57 GMT
    
    
    ECONOMY
    German October wholesale price index due at 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))