German stocks - Factors to watch on November 3

Draegerwerk AG & Co KGaA

03/11/2016 05:42

FRANKFURT, Nov 3 (Reuters) - The following are some of the 
factors that may move German stocks on Thursday: 
     
    U.S. FED 
    The Federal Reserve kept interest rates unchanged on 
Wednesday in its last policy decision before the U.S. election, 
but signaled it could hike in December as the economy gathers 
momentum and inflation picks up.  urn:newsml:reuters.com:*:nS0N1BR00W 
     
    ADIDAS  ADSGn.DE  
    Q3 results expected. Operating profit seen up 10 percent. 
Poll:  urn:newsml:reuters.com:*:nL8N1D21N7 
     
    BEIERSDORF  BEIG.DE  
    Q3 results expected. Sales seen up 0.4 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1D25GD 
     
    DEUTSCHE BANK  DBKGn.DE  
    Deutsche Bank is among roughly a dozen large European 
lenders that face higher capital requirements when new banking 
rules come into force in the coming years, several sources 
familiar with the matter told Reuters.  urn:newsml:reuters.com:*:nL8N1D36RF 
    Separately, the bank's funds unit Deutsche Asset Management 
(DAM) targets assets under management of 1 trillion euros  ($1.1 
trillion), Handelsblatt reported, citing comments from unit head 
Nicolas Moreau at an internal event. 
     
    PROSIEBENSAT.1 MEDIA SE  PSMGn.DE  
    Q3 results expected. Core profit seen up 11 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1D21N9 
     
    VOLKSWAGEN  VOWG_p.DE  
    The carmaker's supervisory board will hold an extraordinary 
meeting on Friday to consult on a wide-ranging restructuring of 
the company, two sources close to the board told Reuters on 
Wednesday.  urn:newsml:reuters.com:*:nL8N1D38R7 
    Separately, U.S. court hearing due on how much compensation 
VW may offer owners of 3.0-liter diesel vehicles and whether it 
will offer buybacks.  urn:newsml:reuters.com:*:nL1N1CV0WP 
     
    VONOVIA  VNAn.DE  
    Q3 results expected. Core profit seen up 5 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1D32E9 
     
    AXEL SPRINGER  SPRGn.DE  
    Q3 results expected. Adjusted EBITDA seen up 8.5 percent. 
Poll:  urn:newsml:reuters.com:*:nL8N1D361T 
     
    FIELMANN  FIEG.DE  
    Full Q3 results due. The glasses retailer reported 
preliminary figures on Oct. 31 and said it expected a slight 
decline in full-year pretax profit.  urn:newsml:reuters.com:*:nFWN1D10AG 
         
    FRAPORT  FRAG.DE  
    Q3 results expected. EBITDA seen down 2 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1D15I2 
     
    FUCHS PETROLUB SE  FPEG_p.DE  
    Q3 results expected. 
 
    HOCHTIEF  HOTG.DE  
    Q3 results expected.  
    Separately, Australian unit CIMIC  CIM.AX  said it had won a 
contract with revenue of A$490 million ($376 million). 
 urn:newsml:reuters.com:*:nFWN1D317C 
         
    RHEINMETALL  RHMG.DE  
    Q3 results expected. Net profit seen up 24 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1D259K 
     
    DIALOG SEMICONDUCTOR  DLGS.DE  
    The company said it would purchase up to 75 million euros 
worth of shares.  urn:newsml:reuters.com:*:nFWN1D313E 
    Separately, Q3 results expected. The group said on Oct. 5 it 
was reviewing its full-year guidance after a Chinese holiday 
helped boost quarterly sales to around $345 million. EBIT seen 
up 4 percent. Poll:  urn:newsml:reuters.com:*:nL8N1D21N8  urn:newsml:reuters.com:*:nL5N1CB60R 
     
    DRAEGERWERK  DRWG_p.DE  
    Full Q3 results due. The company published preliminary 
figures on Oct. 18 and said it still saw an operating margin of 
3.5 to 5.5 percent for the full year.  urn:newsml:reuters.com:*:nASN000354 
     
    QIAGEN  QGEN.DE  
    The company announced a restructuring plan, including 
layoffs and the closure of its site in California, as well as 
third-quarter adjusted EBIT of $86.8 million, beating the $81.1 
million average forecast in a Reuters poll.  urn:newsml:reuters.com:*:nASN0003LJ 
 urn:newsml:reuters.com:*:nASC09FE3 
     
    KLOECKNER & CO  KCOGn.DE  
    Q3 results expected. EBITDA seen up 142 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1D25P2 
     
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.4 pct, S&P 500 .SPX  -0.7 pct, Nasdaq 
 .IXIC  -0.9 pct at close.  .N  
    Japanese markets closed, Shanghai stocks  .SSEC  +1.0 pct. 
    Time: 5.41 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    No economic data scheduled. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 1.3040 Australian dollars) 
 
($1 = 0.9002 euros) 
 
 (Reporting by Christoph Steitz and Maria Sheahan) 
 ((Tina.Bellon@thomsonreuters.com;)) 
 
Keywords: GERMANY STOCKS/FACTORS