German stocks - Factors to watch on May 6
06/05/2020 05:27
BERLIN, May 6(Reuters) - The following are some of the
factors that may move German stocks on Wednesday:
CORONAVIRUS
* German Chancellor Angela Merkel is due to discuss a
further loosening of coronavirus restrictions with state
premiers.
* U.S. President Donald Trump urged China to be transparent
about the origins of the novel coronavirus outbreak.
urn:newsml:reuters.com:*:nL1N2CN0ZA
* The U.S. economy could start to recover in the second half
of the year after what is shaping up to be the worst recession
in decades, but growth is likely to be slow and uneven, several
top Federal Reserve policymakers indicated. urn:newsml:reuters.com:*:nL1N2CN21E
* The number of confirmed coronavirus cases in Germany rose
by 947 while 165 new deaths were recorded, according to RKI
health authority.
BMW BMWG.DE
The company lowered the outlook for the profitability of its
automotive and motorcycles divisions, citing worse-than-expected
demand which has been hit by measures to contain the
coronavirus. urn:newsml:reuters.com:*:nL8N2CN81A
Q1 results due
WIRECARD WDIG.DE
Shareholder Union Investment has called on the company's
board to end a "whitewash" of its problems and appoint new
managers "untainted" by the group's past, fund manager Andreas
Mark told the Financial Times. urn:newsml:reuters.com:*:nL4N2CO0Q3
FRESENIUS FREG.DE
Q1 results due. Net profit seen at 422 million euros. Poll:
urn:newsml:reuters.com:*:nL8N2CM19D
FRESENIUS MEDICAL CARE FMEG.DE
Q1 results due. Net profit seen at 263 million euros. Poll:
urn:newsml:reuters.com:*:nL8N2CM0L1
QIAGEN QIA.DE
The genetic testing firm said it expects net sales growth of
at least 12% and adjusted earnings per share (EPS) of at least
$0.40 for the second quarter thanks to rising demand for
products related to coronavirus testing. urn:newsml:reuters.com:*:nFWN2CN10U
Q1 results due
NORDEX NDXG.DE
Wind power companies have called on governments to ensure
efforts to encourage low-carbon energy are maintained amid the
economic fallout from the coronavirus pandemic, according to a
statement seen by Reuters. urn:newsml:reuters.com:*:nL8N2CN5CU
FRAPORT FRAG.DE
Q1 results due
HANNOVER RUECK HNRGn.DE
Q1 results due
LANXESS LXSG.DE
Q1 results due
METRO B4B.DE
Fiscal Q2 results due
RATIONAL RAAG.DE
Q1 results due
TELEFONICA DEUTSCHLAND O2Dn.DE
Q1 results due
JENOPTIK JENGn.DE
The company said it expected full-year revenues of around
800 million euros and an EBITDA margin of around 14.3%. For the
current quarter, Jenoptik sees further coronavirus-related
revenue and earnings declines. urn:newsml:reuters.com:*:nEQ9bQhWKa
DEUTSCHE BETEILIGUNGS AG DBANn.DE
The company said it expected a full-year net loss exceeding
the loss for the first half of its financial year. urn:newsml:reuters.com:*:nEQmQRQga
ELMOS SEMICONDUCTOR ELGG.DE
Q1 results due
NORMA GROUP NOEJ.DE
Q1 results due
SCHAEFFLER SHA_p.DE
Q1 results due
ANNUAL GENERAL MEETINGS
ALLIANZ ALVG.DE - 9.60 eur/shr dividend proposed
HANNOVER RUECK HNRGn.DE - 5.50 eur/shr dividend proposed
EX-DIVIDEND
FUCHS PETROLUB FPEG_p.DE - 0.97 eur/shr dividend
ANALYSTS' VIEWS
RWE RWEG.DE - Credit Suisse raises to outperform from
neutral
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.6%, S&P 500 .SPX +0.9%, Nasdaq .IXIC
+1.1% at close. .N
Japanese markets closed, Shanghai stocks .SSEC +0.1%. .T
.SS
Time: 4:27 GMT
ECONOMY
* The European Central Bank remains committed to doing
everything in its mandate to lift inflation back to its target,
the bank said after the German constitutional court ruled it
exceeded its powers with its asset purchase scheme. urn:newsml:reuters.com:*:nF9N2BD00P
* German March industrial orders due at 0600 GMT. Seen -10%
m/m
* German April Markit PMI due at 0755 GMT. Services seen at
15.9, composite at 17.1
DIARIES DE/DIARY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Berlin Speed Desk)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))