German stocks - Factors to watch on July 28

DMG Mori AG

28/07/2016 05:55

BERLIN/FRANKFURT, July 28 (Reuters) - The following are some 
of the factors that may move German stocks on Thursday: 
     
    AUTOS  BMWG.DE  DAIGn.DE  VOWG_p.DE  
    British car production rose 10 percent year-on-year in June, 
according to figures released on Thursday, but manufacturers 
said growth was in jeopardy if Britain failed to secure 
unfettered access to the European single market.  urn:newsml:reuters.com:*:nL8N1AD32P 
    Separately, Volkswagen's full Q2 results due. The carmaker 
already reported key figures on July 20, saying its first-half 
operating profit before one-off items rose 7 percent. 
 urn:newsml:reuters.com:*:nL8N1A624F 
     
    DEUTSCHE BOERSE  DB1Gn.DE  
    The exchange operator said it was on course to reach its 
2016 earnings target after net revenue rose 10 percent in the 
second quarter, helped by higher derivatives trading linked to 
Britain's vote to leave the European Union.  urn:newsml:reuters.com:*:nL8N1AD6QA 
 
    DEUTSCHE TELEKOM  DTEGn.DE  
    The so-called 5G high-speed mobile phone technology will be 
ready for operation in three years at the earliest, the head of 
technology at the company's U.S. division T-Mobile said. 
    Separately, T-Mobile US Inc  TMUS.O  reported quarterly 
results that beat analysts' estimates and raised its full-year 
subscriber growth forecast, as the No.3 U.S. wireless carrier 
posted customer gains that surpassed expectations.  urn:newsml:reuters.com:*:nL4N1AD42A 
         
    LINDE  LING.DE   
    Q2 results due. Adjusted earnings before interest, tax, 
depreciation and amortisation (EBITDA) seen down 6 percent at 
1.03 billion euros ($1.1 billion). Poll:  urn:newsml:reuters.com:*:nL8N1AC6NW 
     
    SIEMENS  SIEGn.DE  
    Spanish wind turbine maker Gamesa  GAM.MC  reported a 42 
percent rise in net profit to 138 million euros in the first 
half of this year, and raised its forecasts for sales and 
earnings for 2016.  urn:newsml:reuters.com:*:nL8N1AD6TD 
     
    AIRBUS  AIRG.DE  
    Airbus Group  AIR.PA  has agreed with European governments a 
process for regaining access to export credits, paving the way 
for unblocking a system halted this year over poor transparency 
in the use of intermediaries, it said on Wednesday.  urn:newsml:reuters.com:*:nL8N1AD7EK 
     
    DMG MORI  GILG.DE   
    Q2 results due.  
     
    GEA  G1AG.DE   
    Q2 results due. Adjusted EBITA seen up 5.8 percent at 127 
million euros. Poll:  urn:newsml:reuters.com:*:nL8N1AB4FP 
     
    HOCHTIEF  HOTG.DE  
    The construction firm reported a 12 percent rise in 
first-half orders, helped by overseas projects, as 
second-quarter operational net profit beat analyst expectations. 
 urn:newsml:reuters.com:*:nL8N1AD628 
     
    WACKER CHEMIE  WCHG.DE   
    Full Q2 results due. The company published preliminary 
figures on July 18, saying its adjusted core earnings reached 
295 million euros.  urn:newsml:reuters.com:*:nB4N16200D 
     
    DIALOG SEMICONDUCTOR  DLGS.DE   
    Q2 results due. EBIT is seen down 55 percent at $32 million. 
The company late on Wednesday revised down its guidance for 
2016.  urn:newsml:reuters.com:*:nFWN1AD183 Poll:  urn:newsml:reuters.com:*:nL8N1AC1HR 
     
    DRAEGERWERK  DRWG_p.DE    
    Q2 results due. The company already published preliminary 
figures on July 14, saying EBIT was flat at 21.2 million euros. 
 urn:newsml:reuters.com:*:nL8N1A05BU 
     
    NORDEX  NDXG.DE   
    Q2 results due. 
     
    QIAGEN  QGEN.DE   
    Q2 results due. Adjusted EBIT seen down 17 percent at $65.5 
million. Poll:  urn:newsml:reuters.com:*:nL8N1AB4JJ 
     
    SILTRONIC  WAFGn.DE   
    Q2 results due. 
             
    SUESS MICROTEC  SMHNn.DE  
    The company expects revenue to decline to around 160 million 
euros next year from 170-180 million this year as difficult 
market conditions are weighing on orders.  urn:newsml:reuters.com:*:nL8N1AD7BX 
     
    WIRECARD  WDIG.DE  
    The company said it expects further growth in the second 
half of the year after profit and sales each jumped by about a 
third in the second quarter.  urn:newsml:reuters.com:*:nASM0004Z0 
     
    GRENKE  GLJn.DE   
    Q2 results due. 
     
    TAKKT  TTKG.DE   
    Q2 results due. 
     
    ENBW  EBKG.DE   
    H1 results due.         
    
    ANNUAL GENERAL MEETINGS 
    HEIDELBERGER DRUCKMASCHINEN  HDDG.DE  - no dividend proposed 
         
    ANALYSTS' VIEWS  
    ADIDAS  ADSGn.DE  - Evercore ISI raises to "buy" from 
"hold", hikes target price to 180 euros from 115 euros 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  unchanged, S&P 500 .SPX  -0.1 pct, Nasdaq 
 .IXIC  +0.6 pct at close.  .N  
    Nikkei  .N225  -1.2 pct, Shanghai stocks  .SSEC  -0.6 pct. 
    Time: 4.54 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German July jobless figures due at 0755 GMT. Seen -3,000 
seasonally adjusted, unemployment rate seen flat at 6.1 pct. 
    Preliminary German July inflation data due at 1200 GMT. CPI 
seen +0.2 m/m, +0.3 pct y/y. HICP seen +0.3 pct m/m, +0.3 pct 
y/y. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.9091 euros) 
 
 (Reporting by Andreas Cremer and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS