German stocks - Factors to watch on May 4

Draegerwerk AG & Co KGaA

04/05/2017 05:58

FRANKFURT, May 4 (Reuters) - The following are some of the 
factors that may move German stocks on Thursday: 
     
    U.S. FED 
    The U.S. Federal Reserve kept interest rates unchanged on 
Wednesday and downplayed weak first-quarter economic growth 
while emphasizing the strength of the labor market, in a sign it 
was still on track for two more rate rises this year. 
 urn:newsml:reuters.com:*:nW1N1GZ03P 
     
    ADIDAS  ADSGn.DE   
    Q1 results due. Operating profit seen up 21 percent at 594 
million euros ($648 million). Poll:  urn:newsml:reuters.com:*:nL8N1I447K 
     
    BAYER  BAYGn.DE  
    A federal jury has cleared Bayer and Johnson & Johnson 
 JNJ.N  of liability in the first trial to flow out of thousands 
of lawsuits blaming injuries on the blood thinner Xarelto, the 
drugmakers said on Wednesday.  urn:newsml:reuters.com:*:nL1N1I5224 
     
    BMW  BMWG.DE   
    Full Q1 results due. The carmaker last month reported a 27 
percent gain in quarterly pretax profit, benefiting from strong 
demand in China and a revaluation of its stake in map maker 
HERE.  urn:newsml:reuters.com:*:nL8N1HS2QX 
     
    DEUTSCHE BANK  DBKGn.DE  
    Deutsche Bank's asset-management unit agreed to buy two 
office buildings near London Bridge railway station for about 
400 million pounds ($515 million), Bloomberg reported, citing 
two people with knowledge of the plan.  urn:newsml:reuters.com:*:nL4N1I55CY 
     
    INFINEON  IFXGn.DE   
    Q2 results due. Operating profit seen up 31 percent at 299 
million euros. The group raised its guidance in late March, 
citing better-than-expected orders for chips it makes for cars. 
Poll:  urn:newsml:reuters.com:*:nL8N1I44DI  urn:newsml:reuters.com:*:nL5N1H13GL 
     
    SIEMENS  SIEGn.DE   
    Q2 results due. Industrial business profit seen up 9 percent 
at 2.3 billion euros. Poll:  urn:newsml:reuters.com:*:nL8N1I0612 
     
    THYSSENKRUPP  TKAG.DE   
    The company plans to build a new steel plant in North Rhine 
Westphalia to serve the automotive industry, steel boss Andreas 
Goss was quoted as saying in an interview with Westdeutsche 
Allgemeine Zeitung.  
    Also, thousands of Thyssenkrupp steelworkers protested on 
Wednesday against the German industrial group's plan to merge 
its European steel operations with those of India's Tata Steel 
 TISC.NS .  urn:newsml:reuters.com:*:nL8N1I56Z8 
         
    VOLKSWAGEN  VOWG_p.DE  
    Audi  NSUG.DE  results due. 
    Volkswagen wants to increase the productivity of its plants 
at its core brand to catch up with rivals, executive Herbert 
Diess told Sueddeutsche Zeitung.  L8N1I584U  
    Separately, Volkswagen said on Wednesday it resumed selling 
diesel cars in the United States last month, and that they 
accounted for nearly 12 percent of its April sales.  urn:newsml:reuters.com:*:nL1N1I51OJ 
     
    RHEINMETALL  RHMG.DE   
    Q1 results due. Net profit seen up 26 percent at 16.4 
million euros. Poll:  urn:newsml:reuters.com:*:nL8N1I45MQ 
     
    TAG IMMOBILIEN  TEGG.DE   
    The real estate group reported first-quarter funds from 
operations that rose to 28.5 million euros from 27.0 million in 
the fourth quarter.  urn:newsml:reuters.com:*:nASM000B18 
     
    COMPUGROUP MEDICAL  COPMa.DE   
    Q1 results due. 
     
    DRAEGERWERK  DRWG_p.DE   
    Full Q1 results due. The group published preliminary figures 
on April 12 and affirmed its guidance.  urn:newsml:reuters.com:*:nASM000ANK 
     
    FREENET  FNTGn.DE  
    The company confirmed its 2017 guidance after reporting a 13 
percent rise in Q1 EBITDA on Wednesday.  urn:newsml:reuters.com:*:nASN0006ZW 
     
    DEUTZ  DEZG.DE  
    The group said it had sold its former Cologne-Deutz site to 
Gerchgroup for around 125 million euros.  urn:newsml:reuters.com:*:nASN000702 
     
    VTG  VT9G.DE   
    Q1 results due. 
         
    ANNUAL GENERAL MEETINGS 
    DEUTZ  DEZG.DE  - 0.07 eur/shr dividend proposed 
    DIALOG SEMICONDUCTOR  DLGS.DE  - no dividend proposed 
    MTU AERO ENGINES  MTXGn.DE  - 1.90 eur/shr dividend proposed 
 
    EX-DIVIDEND  
    ALLIANZ  ALVG.DE  - dividend 7.60 eur/shr  
    COVESTRO  1COV.DE  - dividend 1.35 eur/shr 
    RATIONAL  RAAG.DE  - dividend 10 eur/shr 
    WASHTEC  WSUG.DE  - dividend 2.10 eur/shr 
         
    ANALYSTS' VIEWS  
    LINDE  LING.DE  - HSBC raises to "buy" from "hold", lifts 
target price to 179 euros from 158 euros 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  unchanged, S&P 500 .SPX  -0.1 pct, Nasdaq 
 .IXIC  -0.4 pct at close.  .N  
    Japanese markets closed, Shanghai stocks  .SSEC  -0.1 pct. 
    Time: 4.57 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German final April Markit PMI due at 0755 GMT. Services PMI 
seen flat at 54.7 points, composite PMI unchanged at 56.3. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.9161 euros) 
 
 
($1 = 0.7768 pounds) 
 
 (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