German stocks - Factors to watch on February 3

Draegerwerk AG & Co KGaA

03/02/2016 06:09

BERLIN/FRANKFURT, Feb 3 (Reuters) - The following are some 
of the factors that may move German stocks on Wednesday: 
     
    AUTOS  BMWG.DE  DAIGn.DE  VOWG_p.DE  
    Carmakers reported vehicle sales figures for January. VW 
brand sales fell 14.6 percent, and deliveries at BMW were down 4 
percent, at Mercedes-Benz nearly unchanged.  urn:newsml:reuters.com:*:nL2N15H0YY 
     
    ALLIANZ  ALVG.DE  
    The Pimco Total Return Fund, which lost its crown as the 
largest bond fund in the world last year, started 2016 with yet 
another round of outflows, $1.1 billion in January, illustrating 
the difficulty Pimco's flagship fund is having in attracting new 
money.  urn:newsml:reuters.com:*:nL2N15H2UR 
     
    DEUTSCHE BANK  DBKGn.DE  
    Mexican airport operator OMA said on Tuesday it had sold 
more than 33 million shares that had been pledged as collateral 
under a credit agreement between a subsidiary of embattled 
construction firm ICA and Germany's Deutsche Bank.  urn:newsml:reuters.com:*:nL2N15I06N 
     
    LUFTHANSA  LHAG.DE  
    Lufthansa and Iberia persuaded a U.S. appeals court in 
Chicago to reject efforts by passengers to hold them liable for 
delays on multi-leg international flights involving multiple 
airlines.  urn:newsml:reuters.com:*:nL2N15H260 
     
    VOLKSWAGEN  VOWG_p.DE  
    The steering committee of VW's supervisory board is due to 
meet to discuss progress on the emissions crisis. 
    The California Air Resources Board and Environmental 
Protection Agency said late on Tuesday that Volkswagen submitted 
a plan to fix 80,000 recalled 3.0 liter diesel SUVs and cars 
that emit up to nine times legally allowable pollution. 
 urn:newsml:reuters.com:*:nL2N15I01F 
     
    HANNOVER RE  HNRGn.DE  
    Details of January round of renewals due. 
     
    OSRAM  OSRn.DE  
    Osram reported it swung to a first-quarter net profit of 338 
million euros ($369 million) from a year-earlier loss of 39 
million. The group already said on Jan. 18 that it posted strong 
quarterly results, lifting its full-year forecasts.  urn:newsml:reuters.com:*:nL8N1522UB 
     
    DRAEGERWERK  DRWG_p.DE   
    The medical equipment supplier on Tuesday cut its dividend 
due to disappointing earnings and the costs of restructuring. 
 urn:newsml:reuters.com:*:nASM0001RZ 
     
    QIAGEN  QGEN.DE  
    The company reported fourth-quarter results and said it 
expected to report adjusted net sales growth of about 2 percent 
in the first quarter of 2016.  urn:newsml:reuters.com:*:nASB0ASGL 
    It also said it signed an agreement with genomics big data 
company CosmosID.  urn:newsml:reuters.com:*:nWNAB09V2Q 
         
    BRAIN AG  BNNn.TG  
    Subscription period for Brain IPO due to end. 
     
    ENBW  EBKG.DE  
    Court proceedings due in Bonn as EnBW seeks damages from the 
German state of Baden-Wuerttemberg and the federal government 
for a moratorium on nuclear production after the Fukushima 
disaster. 
     
    ANALYSTS' VIEWS  
    DEUTSCHE PFANDBRIEFBANK  PBBG.DE  - Citigroup lifts the 
stock to "buy" from "neutral", cuts target price to 11.5 from 
11.75 euros 
    PROSIEBENSAT.1  PSMGn.DE  - Jefferies starts with "buy", 
target price 52 euros 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -1.8 pct, S&P 500 .SPX  -1.9 pct, Nasdaq 
 .IXIC  -2.2 pct at close.  .N  
    Nikkei  .N225  -3.2 pct, Shanghai stocks  .SSEC  -1.5 pct. 
    Time: 6.09 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German January Markit PMI due at 0855 GMT. Services PMI seen 
unchanged at 55.4. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 
($1 = 0.9163 euros) 
 
 (Reporting by Victoria Bryan and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS