German stocks - Factors to watch on October 20

DF Deutsche Forfait AG

20/10/2014 07:22

FRANKFURT, Oct 20 (Reuters) - The DAX top-30 index  .GDAXI  
looked set to open 0.3 percent higher on Monday, according to 
premarket data from brokerage Lang & Schwarz at 0617 GMT. 
    The following are some of the factors that may move German 
stocks:     
     
    ADIDAS  ADSGn.DE  
    Indicated 4.8 percent higher 
    An investor group that includes Jynwel Capital and funds 
affiliated with the Abu Dhabi government is launching a bid to 
buy Reebok from Adidas AG for about $2.2 billion, the Wall 
Street Journal reported Sunday.  ID:nL2N0SF001  
    Related news  ADSGn.DE-E  
     
    BMW  BMWG.DE  
    Indicated 0.6 percent higher 
    BMW expects sales to rise further next year as new models 
boost demand, the German carmaker's finance chief told a 
newspaper on Saturday, without giving a detailed forecast. 
 ID:nL6N0SD07W  
    Related news  BMWG.DE-E  
     
    DEUTSCHE BANK 
    Indicated 1 percent higher 
    Deutsche Bank aims to settle legal cases as quickly as 
possible, the bank's co-Chief Executive Juergen Fitschen told 
German newspaper Tagesspiegel. 
    Related news  DBKGn.DE-E  
     
    FRESENIUS  FREG.DE  
    Indicated 0.6 percent higher 
    The German healthcare group as well as buyout groups PAI and 
Permira are exploring an acquisition of the medical nutrition 
business of Danone  DANO.PA  after efforts of U.S. drugmaker 
Hospira  HSP.N  to buy the unit failed, people familiar with the 
matter said.  ID:nL6N0SC4K6  
    Danone said on Sunday it was not conducting a strategic 
review of assets and had not decided on any priority in terms of 
possible external growth possibilities.  ID:nL6N0SE0DC  
    Related news  FREG.DE-E  
     
    LUFTHANSA  LHAG.DE  
    Indicated 0.1 percent lower 
    German pilots union VC called a strike at Lufthansa on Oct. 
21 targeting the airline's long-haul flights, in addition to 
strikes for the carrier's short and mid-length routes announced 
for Monday and Tuesday.  ID:nFWN0SC00M  
    Lufthansa is cancelling around 1,450 flights, or two-thirds 
of planned services, due to a planned strike by pilots lasting 
from Monday 1100 GMT until 2159 GMT on Tuesday.  ID:nFWN0SC00L  
 ID:nFWN0SB04X  
    Related news  LHAG.DE-E  
     
    MUNICH RE  MUVGn.DE  
    Indicated 0.5 percent higher 
    The world's largest reinsurer expects it will be tough to 
maintain current profit levels in 2015 due to lower prices as a 
result of increasing competition, its finance chief told 
Handelsblatt.  ID:nL6N0SE0I6  
    Related news  MUVGn.DE-E  
     
    SAP  SAPG.DE  
    Indicated 1.7 percent lower 
    The company lowered its 2014 forecast for non-IFRS operating 
profit to 5.6-5.8 billion euros ($7.1-7.4 billion), from 5.8-6.0 
billion previously.  ID:nS8N0P504X  Poll:  ID:nL6N0SA4FZ  
    Related news  SAPG.DE-E  
     
    SIEMENS  SIEGn.DE  
    Indicated 0.8 percent higher 
    The German engineering group still plans to bid on a series 
of upcoming passenger rail projects in Mexico worth billions of 
dollars in spite of skipping a lucrative high-speed passenger 
train tender this week, the company's Mexico rail chief said on 
Friday.  ID:nL2N0SC1K3  
    Related news  SIEGn.DE-E  
     
    VOLKSWAGEN  VOWG_p.DE  
    Indicated 1 percent higher 
    VW's Czech division Skoda is lowering production costs by 
reducing complexity and reining in procurement outlays, the 
unit's chief told AutomobilWoche. 
    Related news  VOWG_p.DE-E  
     
    AAREAL BANK  ARLG.DE  
    Indicated 0.9 percent higher 
    The bank's chief executive told Euro am Sonntag that he was 
eyeing acquisitions to strengthen its real estate business and 
IT services. 
    Related news  ARLG.DE-E  
     
    LEG IMMOBILIEN  LEGn.DE  
    No indication available 
    The German real estate company plans to buy more rental 
houses, its chief executive told German newspaper Welt am 
Sonntag, adding that it was unclear whether this could already 
happen this year. 
    Related news  LEGn.DE-E  
     
    METRO  MEOG.DE  
    Indicated 4.1 percent higher 
    The retailer said it was optimistic for the crucial 
Christmas trading period as it saw an improvement in sales at 
its struggling consumer electronics unit in the July to 
September quarter.  ID:F9N0NY08A  Poll:  ID:nL6N0SC1KB  
    Related news  MEOG.DE-E  
     
    MORPHOSYS  MORG.DE  
    Indicated 3.6 percent higher 
    The biotech firm said it received a milestone payment from 
Novartis  NOVN.VX  in connection with initiation of a Phase 1 
clinical trial of antibody in field of diabetic eye diseases. 
 ID:nFWN0SC00R  
    Related news  MORG.DE-E  
         
    DF DEUTSCHE FORFAIT  DE6G.DE  
    Indicated 1.2 percent higher 
    DF Deutsche Forfait hopes to return to profitability by 
mid-2015, recovering from losses incurred due to a U.S. 
regulator's investigation of the German trade finance specialist 
in connection with trade sanctions, its finance chief said. 
    Related news  DE6G.DE-E  
     
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  +1.6 pct, S&P 500  .SPX  +1.3 pct, Nasdaq 
 .IXIC  +1 pct at Friday's close.  ID:nL2N0SC2K6  
    Nikkei  .N225  +3.9 pct at 0508 GMT.  ID:nL3N0SF1LW  
     
    GERMAN ECONOMIC DATA 
    German September producer prices were unchanged 
month-on-month and down 1 percent from a year earlier.  ECONDE  
 G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
(1 US dollar = 0.7840 euro) 
     
 
 (Reporting by Harro ten Wolde, Ludwig Burger and Christoph 
Steitz) 
 ((Frankfurt newsroom)(+49 69 7565 1270)) 
 
Keywords: GERMANY MARKETS STOCKS