German stocks - Factors to watch on July 9

Fielmann AG

09/07/2021 06:06

BERLIN/FRANKFURT, July 9 (Reuters) - The following are some
of the factors that may move German stocks on Friday:
    
    CORONAVIRUS
    Germany reported 949 new infections and 49 more deaths.
    
    Germany plans to declare all of Spain a coronavirus risk
area, the Funke group of newspapers reported on Thursday, citing
government officials, meaning tourists and returning Germans
would need to present a negative test to avoid going into
quarantine.  urn:newsml:reuters.com:*:nL5N2OK56H   
    
    VOLKSWAGEN  VOWG_p.DE  
    The carmaker's supervisory board will discuss on Friday
whether to extend the contract of Chief Executive Herbert Diess,
two people familiar with the matter told Reuters. urn:newsml:reuters.com:*:nL5N2OK553
    
    DEUTSCHE POST  DPWGn.DE  
    The group raised its guidance after record quarterly
earnings and once again announced a corona bonus for employees.
 urn:newsml:reuters.com:*:nASN001FEM
    
    BILFINGER BERGER  GBFG.DE  
    The group is considering acquisitions to strengthen
individual regions or industrial sectors, interim CEO and CFO
Christina Johansson told daily Boersenzeitung. "One or two
bolt-on acquisitions would strengthen our market position in
maintenance on the other side of the Atlantic," she said.
    
    OTTOBOCK
    The artificial limb maker is preparing for a blockbuster
stock market flotation in 2022 that could value the German
artificial limb maker at more than 5 billion euros ($5.9
billion), three people close to the matter said.  urn:newsml:reuters.com:*:nL5N2OK4SD
    
    CECONOMY  CECG.DE  
    The group said there would be a delay of its transaction
with Convergenta Invest GmbH as the Duesseldorf higher regional
court expressed preliminary legal views in the clearance
proceedings. It was no longer certain the transaction can be
completed in the 2020/21 financial year.  urn:newsml:reuters.com:*:nFWN2OK0IO
    
    GRAND CITY PROPERTIES  GYC.DE 
    The group said on its website its subscription ratio would
be 27.38:1 and the subscription price would be 19.16 euros for
the scrip dividend.  urn:newsml:reuters.com:*:nASN001FE0
    
    DN CAPITAL
    DN Capital, a venture capital fund that has backed startups
including Germany's AUTO1  AG1G.DE , said on Friday it was
launching a new fund worth $350 million, bringing total assets
under management to $950 million.  urn:newsml:reuters.com:*:nL2N2OK1UC
        
    EX-DIVIDEND 
    SCOUT24  G24n.DE  - 0.82 euros/shr dividend
    FIELMANN  FIEG.DE  - 1.20 euros/shr dividend
    HORNBACH  HBH.DE  - 2.00 euros/shr dividend
        
    ANALYSTS' VIEWS 
    DEUTSCHE POST AG  DPWGn.DE : JEFFERIES RAISES TARGET PRICE
TO EUR 65 FROM EUR 60
    LEONI AG  LEOGn.DE : JP MORGAN RAISES TARGET PRICE TO EUR 7
FROM EUR 5.9
    K+S  SDFGn.DE : JP MORGAN RAISES TARGET PRICE TO EUR 8.2
FROM EUR 7.6
    DWS GROUP GMBH & CO KGAA  DWSG.DE : CREDIT SUISSE CUTS TO
NEUTRAL FROM OUTPERFORM
    
        
    OVERSEAS STOCK MARKETS  
    S&P 500 .SPX  -0.9%, Nasdaq  .IXIC  -0.7% at close.  .N 
    Nikkei  .N225  -1.9%, Shanghai stocks  .SSEC  -0.7%.  .T 
 .SS 
    Time: 5:06 GMT
    
    ECONOMY
    No major German economic data scheduled.    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))