German stocks - Factors to watch on October 25
25/10/2019 05:49
BERLIN/FRANKFURT, Oct 25 (Reuters) - The following are some
of the factors that may move German stocks on Friday:
AUTOS BMWG.DE
Last day of Handelsblatt automotive conference in Stuttgart
with BMW Chief Executive Oliver Zipse among the speakers.
HENKEL HNKG_p.DE
German consumer goods company Henkel named Chief Financial
Officer Carsten Knobel as its next chief executive, replacing
Hans Van Bylen after a string of poor results for the maker of
Schwarzkopf shampoo, Dial soap and Persil detergent.
urn:newsml:reuters.com:*:nL5N2797Z4
LUFTHANSA LHAG.DE AIRBUS AIR.PA
An investigation into a series of engine failures on
Airbus's A220 jet is studying whether a software change allowed
unexpected vibrations that tore parts and forced three emergency
landings, several people familiar with the case said.
Lufthansa's unit Swiss halted its fleet of A220 jets for more
than a day on Oct. 15. urn:newsml:reuters.com:*:nL5N2796SG
SAP SAPG.DE
SAP named Thomas Saueressig as a new executive board member,
following a leadership shakeup that saw Bill McDermott replaced
by co-CEOs Jennifer Morgan and Christian Klein. Saueressig will
retain responsibility for product engineering. urn:newsml:reuters.com:*:nASC0AFVW
SIEMENS
Company expects revenue from its oil and gas division in
Brazil in 2020 to double compared to 2018 levels, an executive
said on Thursday, citing upcoming oil auctions that could total
around $26 billion. urn:newsml:reuters.com:*:nL2N2791N7
COMMERZBANK CBKG.DE
Two of the bank's top shareholders are worried that
Commerzbank's restructuring and cost reduction plans don't go
far enough, Bloomberg reported. urn:newsml:reuters.com:*:nL3N2794M1
1&1 DRILLISCH DRIG.DE
The company corrects its EBITDA forecast for this year to
around 690 million euros following due to a price adjustment
procedure, it said in a statement. urn:newsml:reuters.com:*:nASP0018J2
UNIPER UN01.DE
Uniper deliberately obstructed Fortum's proposed purchase of
a stake in the German utility by registering assets in Russia as
strategic, Kommersant daily quoted Fortum FORTUM.HE CEO Pekka
Lundmark as saying on Thursday. urn:newsml:reuters.com:*:nL5N279787
MTU Aero Engine MTXGn.DE
Third-quarter results due. Operating profit seen at 194.14
million euros ($216.02 million). Poll: urn:newsml:reuters.com:*:nL5N27819U
GEA G1AG.DE
Third-quarter results due.
WASHTEC WSUG.DE
Third-quarter results due.
DMG MORI GILG.DE
Third-quarter results due.
OVERSEAS STOCK MARKETS
Dow Jones .DJI -0.1%, S&P 500 .SPX +0.2%, Nasdaq .IXIC
+0.8% at close. .N
Nikkei .N225 unchanged, Shanghai stocks .SSEC unchanged.
.T .SS
Time: 4:49 GMT
GERMAN ECONOMIC DATA
Ifo business sentimate index due at 0800 GMT. Business
climate seen falling to 94.5, current conditions seen falling to
98.00 and business expectations seen improving to 91.0 points.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
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(Reporting by Berlin Speed Desk and Frankfurt Newsroom)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))