German stocks - Factors to watch on May 13

Draegerwerk AG & Co KGaA

13/05/2019 05:29

BERLIN/FRANKFURT, May 13 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    DAIMLER  DAIGn.DE 
    China's BAIC Group  BJAMI.UL  is seeking to buy a stake of
up to 5 percent in Daimler as a way to secure its investment in
Chinese Mercedes-Benz manufacturing company Beijing Benz
Automotive, three sources told Reuters.  urn:newsml:reuters.com:*:nL5N22M6FU
    Additionally, news conference on sustainability strategy
due.   
    
    THYSSENKRUPP  TKAG.DE  
    Management and labour leaders at Germany's Thyssenkrupp have
agreed on a way forward after the industrial conglomerate
announced a fresh restructuring drive that could lead to the
loss of 6,000 jobs.  urn:newsml:reuters.com:*:nL3N22N041
    Thyssenkrupp will continue to seek partners for its steel
operations after abandoning a European merger with India's Tata
Steel  TISC.NS , Chief Executive Guido Kerkhoff told
Handelsblatt.  urn:newsml:reuters.com:*:nL5N22O0LI
    
    BAYER  BAYGn.DE 
    Bayer said it was hiring an external law firm to investigate
French media complaints that Monsanto, the U.S. seed maker it
took over last year, had compiled a file of influential
personalities.  urn:newsml:reuters.com:*:nL5N22O0IV
    
    BMW  BMWG.DE  
    The future of BMW CEO Harald Krueger will not be clarified
at this week's annual general meeting but in June, a year before
his contract expires, the Frankfurter Allgemeine Sonntagszeitung
reported.
    
    E.ON  EONGn.DE 
    Q1 results due. Adj EBITDA seen at 1.64 billion euros. Poll:
 urn:newsml:reuters.com:*:nL5N22L7GE
    
    DEUTSCHE LUFTHANSA  LHAG.DE 
    April traffic figures due
    
    FRESENIUS  FREG.DE 
    The group has approached potential suitors about the sale of
its blood transfusion business, two people with knowledge of the
matter said.  urn:newsml:reuters.com:*:nL5N22M61E
    
    VOLKSWAGEN  VOWG_p.DE 
    A U.S. judge sharply questioned the Securities and Exchange
Commission on the timing of its civil suit filed in March
accusing Volkswagen of defrauding investors and demanded the
agency explain its rationale.  urn:newsml:reuters.com:*:nL2N22M1J7
    
    
    HUGO BOSS  BOSSn.DE  
    The fashion group hopes to expand its margins by 2022 by
expanding its retail presence, closing U.S. factory outlets,
curbing discounts and narrowing its product range, CFO Yves
Mueller told Boersen-Zeitung.
    
    DEUTSCHE PFANDBRIEFBANK  PBBG.DE 
    Q1 results due
    
    
    EX-DIVIDEND 
    DUERR  DUEG.DE  - 1.00 euros/shr dividend
    DRAEGERWERK  DRWG_p.DE  - 0.13 eur/shr dividend
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.4 pct, S&P 500 .SPX  +0.4 pct, Nasdaq
 .IXIC  +0.1 pct at close.  .N 
    Nikkei  .N225  -0.6 pct, Shanghai stocks  .SSEC  -1 pct.
 .T   .SS 
    Time: 4:29 GMT. 
    
    
    GERMAN ECONOMIC DATA
    * No major German 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))