German stocks - Factors to watch on November 13

Draegerwerk AG & Co KGaA

13/11/2017 06:10

BERLIN/FRANKFURT, Nov 13 (Reuters) - The following are some 
of the factors that may move German stocks on Monday: 
     
    BAYER  BAYGn.DE  
    Novartis's  NOVN.S  bid to move in on Bayer's and 
Regeneron's  REGN.O  eye-drug turf was buoyed on Friday by data 
showing patients on the Swiss drugmaker's new RTH258 drug showed 
less disease activity than those on its rivals' drug Eylea. 
 urn:newsml:reuters.com:*:nL8N1NF7SI 
     
    CONTINENTAL  CONG.DE  
    Continental is considering investing in battery production 
to compete with Asian and U.S. manufacturers, Chief Executive 
Elmar Degenhart told trade weekly Automobilwoche in an interview 
published on Saturday.  urn:newsml:reuters.com:*:nL8N1NH0FE 
     
    DEUTSCHE BANK  DBKGn.DE  
    Deutsche Bank has selected Barclays  BARC.L , Citigroup 
 C.N  and Credit Suisse  CSGN.S  as senior bookrunners for the 
IPO of its asset-management arm, a source familiar with the 
matter told Reuters on Saturday.  urn:newsml:reuters.com:*:nL8N1NH0M1 
     
    DEUTSCHE POST  DPWGn.DE  
    Deutsche Post aims to sell 100,000 of its Streetscooter 
electric vans to third parties in the next years, board member 
Juergen Gerdes told the Stuttgarter Zeitung. "We can certainly 
get these vehicles produced and sold by 2020, 2025," he said. 
     
    HEIDELBERGCEMENT  HEIG.DE  
    The cement, aggregates and concrete maker sold half of its 
Georgian business and expects the transaction to shave about 115 
million euros off future debt.  urn:newsml:reuters.com:*:nFWN1NG1RJ 
     
    LUFTHANSA  LHAG.DE  
    Lufthansa has financial firepower to take part in future 
consolidation of Europe's airlines, its chief executive told 
Boersen-Zeitung in an interview published on Saturday. 
 urn:newsml:reuters.com:*:nL8N1NH0K1 
    Separately, CEO Carsten Spohr told Bild newspaper that 
Lufthansa would offer 1,000 more domestic German flights a month 
from January 2018 to make up for the absence of bankrupt Air 
Berlin and relieve pressure on routes such as Berlin-Munich and 
Berlin-Cologne. "I can promise that stable pricing will return 
with new German domestic flights," he said. 
     
    VOLKSWAGEN  VOWG_p.DE  
    Germany's financial watchdog said on Friday it was 
investigating whether VW illegally disclosed information about 
its emissions scandal to third parties, adding to the carmaker's 
legal headaches more than two years after the scandal broke. 
 urn:newsml:reuters.com:*:nL8N1NG66S 
    Separately, Volkswagen said it had re-registered in Germany 
six company jets that were previously registered in the Cayman 
Islands, confirming an article in Germany's Welt am Sonntag 
newspaper.  L8N1NI0H6  
     
    AIRBUS  AIRG.DE  
    Airbus  AIR.PA  will have to buy back or find new homes for 
some of the older A380s currently operated by Dubai's Emirates 
as it finalises a deal to sell new superjumbos to the Gulf 
carrier, industry sources said on Sunday.  urn:newsml:reuters.com:*:nL8N1NI03Q 
         
    DEUTSCHE PFANDBRIEFBANK  PBBG.DE  
    Full Q3 results due. The group published key figures on Nov. 
2 and raised its 2017 profit guidance.  urn:newsml:reuters.com:*:nASM000FLP 
     
    INNOGY  IGY.DE   
    Reports in-line nine-month profits but books an impairment 
charge due to tough market conditions in Britain.  urn:newsml:reuters.com:*:nF9N1HW00L 
     
    METRO  B4B.DE , CECONOMY  CECG.DE  
    The chief executives of Germany's Metro and Ceconomy are 
among those being investigated by prosecutors for suspected 
market manipulation in 2016 ahead of a split of the retail group 
into two, a company spokesman said on Sunday, confirming a 
report in Spiegel.  L8N1NI0N7  
     
    TALANX  TLXGn.DE   
    Full Q3 results due. The group published key figures on Oct. 
27 and slashed its 2017 profit target.  urn:newsml:reuters.com:*:nL8N1N215T 
     
    DRAEGERWERK  DRWG_p.DE  
    The medical safety technology firm said spending to boost 
future growth may weigh on profitability next year and in 2019. 
 urn:newsml:reuters.com:*:nFWN1NG1RL 
     
    GRAMMER  GMMG.DE   
    Q3 results due. 
         
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.2 pct, S&P 500 .SPX  -0.1 pct, Nasdaq 
 .IXIC  unchanged at close.  .N  
    Nikkei  .N225  -1.3 pct, Shanghai stocks  .SSEC  +0.3 pct. 
    Time: 6.10 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    No economic data scheduled. 
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
($1 = 0.8581 euros) 
 
 (Reporting by Andreas Cremer, Georgina Prodhan and Douglas 
Busvine) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS