German stocks - Factors to watch on March 6

DMG Mori AG

06/03/2019 06:33

BERLIN/FRANKFURT, March 6 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    DEUTSCHE BANK  DBKGn.DE 
    The U.S. Federal Reserve is considering imposing stricter
rules on foreign bank branches to tighten what critics say is a
loophole that has allowed overseas lenders to shield assets from
the toughest U.S. bank rules, three people with knowledge of the
matter told Reuters.  urn:newsml:reuters.com:*:nL1N20S1PQ
    
    CARMAKERS  BMWG.DE ,  DAIGn.DE ,  VOWG_p.DE 
    The European anti-trust authority plans to send formal
complaints to AUDI, BMW, Daimler and Volkswagen this spring, in
which the EU regulator will make time detailed allegations
regarding illegal agreements on diesel engines, Handelsblatt
reported on Tuesday. It said this would probably result in fines
for carmakers. 
    
    BMW  BMWG.DE 
    German carmaker BMW, which is building its first plant in
Mexico, is looking for clear signs from the new government of
President Andres Manuel Lopez Obrador that would guarantee
stability to invest in the country, a top executive said.
 urn:newsml:reuters.com:*:nL1N20S12Y
    
    VOLKSWAGEN  VOWG_p.DE 
    Fully autonomous vehicles will take at least another five
years to perfect, with the cost and complexity of rolling out
the technology globally serving to undermine the business case,
Volkswagen's head of commercial vehicles said.  urn:newsml:reuters.com:*:nL5N20S64F
    
    BRENNTAG  BNRGn.DE 
    Brenntag said its operating gross profit rose by 7.5 percent
on a constant currency basis to 2.661 billion euros in 2018,
adding that it expected a challenging environment in 2019.
 urn:newsml:reuters.com:*:nFWN20S0VT
    
    SCHAEFFLER  SHA_p.DE 
    2018 results due. 
    
    TAG IMMOBILIEN  TEGG.DE 
    TAG Immobilien said it increased dividend to 0.73 euro per
share as its net profit rose 56  percent to 488.2 million euros
in 2018.  urn:newsml:reuters.com:*:nASP000QBA
    
    DIALOG SEMICONDUCTOR  DLGS.DE 
    Q4 results due. The chip design company posted sales figures
in January.  urn:newsml:reuters.com:*:nASP0004IT
    
    HELLOFRESH  HFGG.DE 
    The company on Wednesday said full year Group revenue grew
by 41.4 percent to 1.279 billion euros in 2018.  urn:newsml:reuters.com:*:nASP000QB9
    
    TELE COLUMBUS  TC1n.DE 
    Tele Columbus on Tuesday said Frank Donck would resign due
to other business commitments from his office as chairman and
member of supervisory board.  urn:newsml:reuters.com:*:nASP000Q8H
        
    INDEX CHANGES AS OF MARCH 18:
    Deutsche Boerse announced changes to its selection indices,
which will become effective on March 18. 
    
    The constituents of the indices DAX  0#.MDAXI  and TecDAX
 0#.TECDAX  remain unchanged.

    MDAX  0#.MDAXI 
    IN:  Knorr-Bremse AG  KBX.DE , DIALOG SEMICONDUCTOR
 DLGS.DE .
    OUT: SALZGITTER AG  SZGG.DE , SCHAEFFLER AG  SZGG.DE .
    
    SDAX  0#.SADXI 
    IN: SALZGITTER AG  SZGG.DE , SCHAEFFLER AG  SZGG.DE , BAYWA
AG  BYWGnx.DE , AMADEUS FIRE AG  AMDG.DE , ADVA OPTICAL
NETWORKING SE  ADAG.DE , VARTA AG  VAR1.DE .
    OUT: DMG MORI AG  GILG.DE , MEDIGENE AG  MDG1k.DE , VTG AG
 VT9G.DE , TELE COLUMBUS AG  TC1n.DE .
    
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.1 pct, S&P 500 .SPX  -0.1 pct, Nasdaq
 .IXIC  unchanged at close.  .N 
    Nikkei  .N225  -0.6 pct, Shanghai stocks  .SSEC  +0.4 pct.
 .T   .SS 
    Time: 6:32 GMT. 
    
    
    GERMAN ECONOMIC DATA
    No major economic data scheduled
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))