German stocks - Factors to watch on May 4

DMG Mori AG

04/05/2018 05:43

FRANKFURT, May 4 (Reuters) - The following are some of the
factors that may move German stocks on Friday:
    
    BASF  BASFn.DE 
    Q1 results due. Adjusted EBIT seen up 2 percent at 2.50
billion euros. Poll:  urn:newsml:reuters.com:*:nL8N1SA3KD
    
    BAYER  BAYGn.DE , COVESTRO  1COV.DE  
    Bayer said Thursday it was selling a further stake in
plastics company Covestro, placing a holding of around 14.2
percent to raise around 2.2 billion euros via an accelerated
bookbuilding process.  urn:newsml:reuters.com:*:nL8N1SA7UE
    
    BMW  BMWG.DE 
    Q1 results due. EBIT seen down 3 percent at 2.57 billion
euros. Poll:  urn:newsml:reuters.com:*:nL8N1S46I2
    
    VONOVIA  VNAn.DE  
    The real estate company raised almost 1 billion euros in a
cash capital increase to fund its planned buy of Victoria Park.
 urn:newsml:reuters.com:*:nASO00048V
    
    VOLKSWAGEN  VOWG_p.DE  
    The U.S. Justice Department on Thursday disclosed the filing
of criminal charges against former Volkswagen AG VOWG_p.DE Chief
Executive Martin Winterkorn, accusing him of conspiring to cover
up the German automaker's diesel emissions cheating.
 urn:newsml:reuters.com:*:nL1N1SA1X3
    
    GEA GROUP  G1AG.DE 
    Full Q1 results due. The group published preliminary figures
on April 12 and affirmed its 2018 guidance.  urn:newsml:reuters.com:*:nEQf2mNSa
    
    JUNGHEINRICH  JUNG_p.DE 
    Q1 results due. EBIT seen up 7 percent at 60.6 million
euros. Poll:  urn:newsml:reuters.com:*:nL8N1S72BG

    LANXESS  LXSG.DE 
    Q1 results due. Adjusted EBITDA seen up 9 percent at 357
million euros. Poll:  urn:newsml:reuters.com:*:nL8N1SA44E
        
    RHEINMETALL  RHMG.DE 
    Q1 results due. Net income seen down 7 percent at 22.3
million euros. Poll:  urn:newsml:reuters.com:*:nL8N1S92Z2
    
    FREENET  FNTGn.DE 
    The company confirmed 2018 targets as it released Q1 results
on Thursday.  urn:newsml:reuters.com:*:nASO00048P
    
    S&T  SANT1.DE 
    Q1 results due.
    
    DIC ASSET  DICn.DE 
    Q1 results due.
    
    RHOEN-KLINIKUM  RHMG.DE 
    Q1 results due.   
    
    HELLOFRESH
    Vorwerk Direct Selling Ventures said on Thursday it sold all
of its shares in Hellofresh, equivalent to 5,898,672 shares.
 urn:newsml:reuters.com:*:nASO00048T
    
    ANNUAL GENERAL MEETINGS
    BASF  BASFn.DE  - 3.10 eur/shr dividend proposed
    DRAEGERWERK  DRWG_p.DE  - 0.40 eur/ordinary shr, 0.46
eur/preference shr dividend proposed
    DMG MORI  GILG.DE  - 1.03 eur/shr dividend proposed
    HYPOPORT  HYQGn.DE  - no dividend proposed
    
    EX-DIVIDEND 
    LINDE  LING.DE  - 3.90 eur/shr dividend 
    VOLKSWAGEN  VOWG_p.DE  - 3.96 eur/preferred shr dividend 
    HOCHTIEF  HOTG.DE  - 3.38 eur/shr dividend 
    HUGO BOSS  BOSSn.DE  - 2.65 eur/shr dividend 
    LEONI  LEOGn.DE  - 1.40 eur/shr dividend 
    GRENKE  GLJn.DE  - 0.70 eur/shr dividend 
        
    ANALYSTS' VIEWS
    OSRAM LICHT  OSRn.DE  - Morgan Stanley raises to "equal
weight" from "underweight", cuts price target to 51 euros from
55 euros
    SIEMENS HEALTHINEERS  SHLG.DE  - Jefferies starts with "buy"
rating, price target 38 euros
            
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  unchanged, S&P 500 .SPX  -0.2 pct, Nasdaq
 .IXIC  -0.2 pct at close.  .N 
    Japanese markets closed, Shanghai stocks  .SSEC  -0.1 pct.
    Time: 4.43 GMT.  .T   .SS 

    GERMAN ECONOMIC DATA
    German April Markit PMI due at 0755 GMT. Services PMI seen
unchanged at 54.1 points, composite PMI flat at 55.3.
    
    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))