German stocks - Factors to watch on December 19
19/12/2016 06:04
BERLIN/FRANKFURT, Dec 19 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
AUTOS BMWG.DE DAIGn.DE VOWG_p.DE
Nissan Motor Co 7201.T , Renault SA RENA.PA and
Mitsubishi Motors Corp 7211.T will combine their electric
vehicle platforms in an effort to slash prices down to levels
comparable to conventional gasoline cars, the Nikkei newspaper
said. urn:newsml:reuters.com:*:nL4N1EC09V
DAIMLER DAIGn.DE
Daimler does not expect Donald Trump to favour U.S.
carmakers over their European counterparts, the carmaker's chief
executive told a German paper, shrugging off concerns over the
president-elect's protectionist rhetoric during his campaign.
urn:newsml:reuters.com:*:nL5N1ED0KG
BANKS DBKGn.DE CBKG.DE ARLG.DE
The number of banks in Germany will continue to fall in
2017, particularly due to consolidation, Andreas Dombret, the
Bundesbank's top official for bank regulation, told daily Bild.
Separately, a unit of Deutsche Bank conceded that it misled
investors and violated securities laws and will pay more than
$40 million to settle charges that it misinformed clients about
how it routed orders to anonymous trading platforms known as
dark pools, regulators said on Friday. urn:newsml:reuters.com:*:nL1N1EB0T9
LINDE LING.DE
Praxair PX.N and Linde AG, the industrial gas companies
that agreed earlier this month to revive merger talks, are close
to finalising the terms of the potential deal, people familiar
with the matter said on Friday. urn:newsml:reuters.com:*:nL5N1EB5PT
LUFTHANSA LHAG.DE , AIR BERLIN AB1.DE
Lufthansa is interested in taking over the rest of Air
Berlin's operations, with the appointment of Lufthansa executive
Thomas Winkelmann as new Air Berlin CEO, announced on Sunday, to
pave the way, Handelsblatt and manager magazin reported.
urn:newsml:reuters.com:*:nL5N1ED0JM
VOLKSWAGEN VOWG_p.DE
A U.S. judge has set a Monday deadline for an agreement over
Volkswagen's plan to address 80,000 polluting Audi, Porsche and
VW 3.0-liter vehicles.
A person briefed on the settlement told Reuters VW has
agreed to pay more than $200 million into a fund created to cut
diesel pollution as part of the agreement. urn:newsml:reuters.com:*:nL1N1EB12V
Separately, the Wall Street Journal cited a source as saying
Volkswagen's costs in its diesel-emissions scandal could rise by
another $1 billion as it nears a deal to resolve claims
connected to larger and luxury diesel vehicles. urn:newsml:reuters.com:*:nL4N1EE1IB
VONOVIA VNAn.DE
Vonovia's takeover offer for Austria's Conwert CONW.VI
ends at 1600 GMT.
AIRBUS AIRG.DE
IranAir has trimmed its planned order from Europe's Airbus
AIR.PA to 100 planes, partly by dropping superjumbo A380s, the
flag carrier's head said on Sunday, confirming an adjustment
first reported by Reuters. urn:newsml:reuters.com:*:nL5N1ED0MC
INNOGY IGY.DE
The energy group could provide charging stations to a group
of carmakers by joining the consortium, chief executive Peter
Terium was quoted as saying by Sueddeutsche Zeitung on Monday.
Innogy said last week it would be interested in supplying
charging stations to the consortium. urn:newsml:reuters.com:*:nL5N1E94D5
ADO PROPERTIES ADJ.DE
The property company plans to double its portfolio by 2020
and has enough funds for expansion for the next 12-18 months,
CFO Florian Goldgruber told Boersen-Zeitung in an interview
published on Saturday. urn:newsml:reuters.com:*:nL5N1EC0BR
BRAAS MONIER BMSA.DE
The roof tile maker on Sunday agreed to be taken over by
U.S. rival Standard Industries GAFCO.UL , ending its resistance
to the bid after Standard Industries raised its offer, valuing
the company at around $1.2 billion. urn:newsml:reuters.com:*:nL5N1ED0VH
INDEX CHANGES AS OF DEC. 19
MDAX 0#.MDAXI
IN: INNOGY IGY.DE , UNIPER UN01.DE
OUT: RHOEN-KLINIKUM RHKG.DE , DMG MORI GILG.DE
TECDAX 0#.TECDAX
IN: MEDIGENE MDG1k.DE
OUT: AIXTRON AIXGn.DE
SDAX 0#.SDAXI
IN: RHOEN-KLINIKUM , DMG MORI
OUT: LEIFHEIT LEIG.DE , FERRATUM FRU.DE
ANALYSTS' VIEWS
BAYER BAYGn.DE - Jeffereies raises to "buy", lifts target
price to 115 euros
OVERSEAS STOCK MARKETS
Dow Jones .DJI unchanged, S&P 500 .SPX -0.2 pct, Nasdaq
.IXIC -0.4 pct at close. .N
Nikkei .N225 -0.1 pct, Shanghai stocks .SSEC -0.3 pct.
Time: 6.03 GMT. .T .SS
GERMAN ECONOMIC DATA
German Ifo index for December due at 0900 GMT. Business
climate seen at 110.7 vs 110.4, Current Conditions at 115.9 vs
115.6, Expectations at 105.6 vs 105.5.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(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 STOCKS/FACTORS