German stocks - Factors to watch on February 23

Gerry Weber International AG

23/02/2017 05:58

FRANKFURT, Feb 23 (Reuters) - The following are some of the 
factors that may move German stocks on Thursday: 
          
    U.S. FED 
    Many Federal Reserve policymakers said it may be appropriate 
to raise interest rates again "fairly soon" should jobs and 
inflation data come in line with expectations, according to the 
minutes of the Fed's last policy meeting released on Wednesday. 
 urn:newsml:reuters.com:*:nL1N1G71HL 
        
    HENKEL  HNKGn.DE   
    Q4 results due. Q4 adj earnings before interest and tax 
(EBIT) seen up 11 percent. Poll:  urn:newsml:reuters.com:*:nL8N1G5326 
     
    PROSIEBENSAT.1  PSMGn.DE  
    Q4 results due. Core profit seen up 7 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1G53U1 
     
    RWE  RWEG.DE  
    The city of Essen is examining all options for its stake of 
more than 3 percent in RWE after the company suspended dividend 
payments for the second consecutive year, German Handelsblatt 
newspaper reported, citing the city's mayor. 
     
    SIEMENS  SIEGn.DE  
    Chief Executive Joe Kaeser plans to turn Siemens into a 
holding company under whose umbrella its businesses are bundled 
as largely independent companies, Handelsblatt reported, citing 
company sources. 
     
    THYSSENKRUPP  TKAG.DE  
    Chief Executive Heinrich Hiesinger told Handelsblatt the 
company is ready to move forward on its own if necessary. "We 
don't want to be in a holding position," he said. "We are 
working on a strategic concept for our own, independent 
development," he was quoted as saying. 
     
    AAREAL  ARLG.DE  
    Q4 results due. Operating profit seen down 2 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1G52ZM 
     
    DEUTSCHE WOHNEN  DWNG.DE  
    The company bought back outstanding convertible bonds for 
467 million euros.  urn:newsml:reuters.com:*:nASM0009NA 
     
    DUERR  DUEG.DE  
    Q4 results due. EBIT seen up 9 percent. Poll:  urn:newsml:reuters.com:*:nL8N1G652L 
  
    FIELMANN  FIEG.DE  
    Q4 results due. 
 
    MTU AERO ENGINES  MTXGn.DE   
    Q4 results due. Adj EBIT seen up 2.8 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1G54QJ 
     
    TAG IMMOBILIEN  TEGG.DE  
    Q4 results due. FFO I seen up 11 percent. Poll:  urn:newsml:reuters.com:*:nL8N1G542K 
     
    ADVA OPTICAL NETWORKING  ADAG.DE   
    Q4 results due. 
             
    DIALOG SEMICONDUCTOR  DLGS.DE   
    Q4 results due. EBIT seen down 18 percent. Poll: 
 urn:newsml:reuters.com:*:nL8N1G53Y6 
    The group said late on Wednesday it would launch a third 
tranche of buybacks to acquire up to around 1.6 million shares. 
 urn:newsml:reuters.com:*:nFWN1G712S 
 
    SARTORIUS  SATG.DE  
    Full Q4 results due. The company published preliminary 
results on Jan. 30 and said it expected 2017 sales to grow by 
8-12 percent. 
     
    XING  OBCGn.DE  
    Q4 results due. 
     
    DIC ASSET  DICn.DE   
    Q4 results due. 
 
    GERRY WEBER  GWIG.DE  
    Full Q4 results due. The group published preliminary results 
on Jan. 25 and said it expected its 2016/17 EBITDA to come to 
60-70 million euros.  urn:newsml:reuters.com:*:nFWN1FF0RT 
 
    ROCKET INTERNET  RKET.DE  
    Swedish investment company Kinnevik  KINVb.ST  said on 
Wednesday it is selling at least half of its 13 percent stake in 
German e-commerce investor Rocket Internet.  urn:newsml:reuters.com:*:nL8N1G76MZ 
     
             
    ANNUAL GENERAL MEETINGS 
    BERTRANDT  BDTG.DE  - 2.50 eur/shr dividend proposed 
     
    EX-DIVIDEND  
    DEUTSCHE BETEILIGUNGS AG  DBANn.DE  - dividend 1.20 eur/shr  
         
    OPEL 
    French carmaker PSA Group  PEUP.PA  expects its planned 
acquisition of General Motors'  GM.N  Opel division to lead to 
combined sales of 5 million vehicles by 2022 and save as much as 
2 billion euros annually, sources said, adding that a deal could 
be finalised in early March.  urn:newsml:reuters.com:*:nL8N1G76TV 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  +0.2 pct, S&P 500 .SPX  -0.1 pct, Nasdaq 
 .IXIC  -0.1 pct at close.  .N  
    Nikkei  .N225  unchanged, Shanghai stocks  .SSEC  -0.4 pct. 
    Time: 5.58 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German detailed GDP for Q4 due at 0700 GMT. Seen +0.4 pct 
q/q, +1.6 pct y/y. 
    German GfK consumer sentiment also due at 0700 GMT. Seen at 
10.1 points vs 10.2 points. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Harro ten Wolde and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS