German stocks - Factors to watch on April 17

Draegerwerk AG & Co KGaA

17/04/2018 06:18

FRANKFURT, April 17 (Reuters) - The following are some of
the factors that may move German stocks on Tuesday:
    
    BAYER  BAYGn.DE  
    Bayer agreed to sell a 3.6 percent stake from new shares to
Singapore's state investment company Temasek for 3 billion euros
($3.7 billion), as the German drugmaker prepares to wrap up the
planned $62.5 billion takeover of seed maker Monsanto
 MON.N . urn:newsml:reuters.com:*:nL8N1RT632
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    T-Mobile USA Inc  TMUS.O  agreed to pay $40 million to
resolve government claims that it failed to fix problems
completing phone calls in rural areas, the U.S. Federal
Communications Commission said. urn:newsml:reuters.com:*:nL1N1RT1AS
    
    STADA  STAGn.DE  
    The generic drugmaker said Miguel Pagan would replace
Barthold Piening as as member of the executive board for
technical operations at the end of May. urn:newsml:reuters.com:*:nF9N1R1017
    
    DRAEGERWERK  DRWG_p.DE 
    The maker of medical and safety gear said the 2018 EBIT
margin would likely be in the lower half of its guidance range
of 4-6 percent, citing a restrained business development in the
first quarter and currency effects. urn:newsml:reuters.com:*:nASO0003BN
    
    RIB Software  RIB.DE 
    Expects to generate up to $4 bln in revenue from its Mtwo
platform, the company told Boersen-Zeitung.
    
    DEUTSCHE BETEILIGUNGS AG  DBANn.DE  
    Said it expects its net profit for 2017/18 to be between 10
pct and 20 pct below the target of 43 million euros, due to
negative market developments. 
    
    ANNUAL GENERAL MEETINGS
    JUNGHEINRICH  JUNG_p.DE  - 0.50 eur/shr dividend proposed
    
OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.9 pct, S&P 500 .SPX  +0.8 pct, Nasdaq
 .IXIC  +0.7 pct at close.  .N 
    Nikkei  .N225  unchanged, Shanghai stocks  .SSEC  -0.6 pct.
    Time: 5.14 GMT.  .T   .SS 
    
    GERMAN ECONOMIC DATA
    ZEW sentiment April index due at 0900 GMT. Economic
Sentiment seen at -1.0 points vs 5.1, Current Conditions at 88.0
vs 90.7.
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Ludwig Burger and Emma Thomasson)
 ((Riham.Alkousaa@thomsonreuters.com;))