German stocks - Factors to watch on September 14

Gerry Weber International AG

14/09/2017 06:07

BERLIN/FRANKFURT, Sept 14 (Reuters) - The following are some 
of the factors that may move German stocks on Thursday: 
     
    AUTOS  BMWG.DE  DAIGn.DE  VOWG_p.DE  
    German Economy Minister Alexander Dobrindt is due to host a 
summit on autonomous driving at the Frankfurt auto show. 
    Separately, a Hanover court is due to rule on a challenge to 
Volkswagen's appointment of four supervisory board members, 
including Chairman Hans Dieter Poetsch, in 2016. 
    Volkswagen and its Chinese joint ventures FAW-Volkswagen and 
SAIC Volkswagen will recall 4.86 million vehicles due to issues 
with air bags supplied by bankrupt auto parts maker Takata Corp, 
China's quality watchdog said on Thursday.  urn:newsml:reuters.com:*:nL4N1LV1YR 
    Volkswagen's sportscar maker Porsche will offer a diesel 
version of its next-generation Cayenne model, the unit's Chief 
Executive Oliver Blume told Handelsblatt daily.     
    Also, monthly car sales figures from ACEA due at 0600 GMT. 
     
    BAYER  BAYGn.DE  
    Bayer AG is joining a $100 million bet that the next big 
breakthrough in crop fertilizers will be found inside a 
biological Petri dish.  urn:newsml:reuters.com:*:nL2N1LU19W 
     
    DEUTSCHE BANK  DBKGn.DE   
    The bank said it was intending to dispose of part or all of 
its commitments in certain distressed loan facilities in oil and 
gas sector.  urn:newsml:reuters.com:*:nFWN1LU0SK 
     
    DEUTSCHE BOERSE  DB1Gn.DE   
    Deutsche Boerse said it has agreed to pay hefty fines for 
its role in allowing its chief executive to make share purchases 
which became the subject of insider trading allegations, hoping 
to draw a line under the case.  urn:newsml:reuters.com:*:nL5N1LU62D 
 
    MUNICH RE  MUVGn.DE  
    Munich Re MUVGn.DE, one of the world's biggest reinsurance 
companies, said it could miss its profit target this year due to 
losses from hurricanes Harvey and Irma.  urn:newsml:reuters.com:*:nL5N1LU5WO 
         
    GERRY WEBER  GWIG.DE   
    Q3 results due. 
     
    PATRIZIA IMMOBILIEN  P1ZGn.DE   
    The company announced plans for a further share buyback of 
up to 15 mln eur.  urn:newsml:reuters.com:*:nFWN1LU0OW 
     
    AIR BERLIN  AB1.DE   
    Former motor racing driver Niki Lauda will table an offer 
for parts of insolvent airline Air Berlin AB1.DE together with 
Thomas Cook's  TCG.L  German carrier Condor, Lauda told Austrian 
newspaper Kurier.  urn:newsml:reuters.com:*:nL5N1LU5X5 
         
    ANALYSTS' VIEWS 
    ALLIANZ  ALVG.DE  - SocGen raises to "hold" from "sell", 
lifts target price to 180 euros from 155 euros 
     
    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  -0.2 pct, Shanghai stocks  .SSEC  -0.1 pct. 
    Time: 5.07 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  
 
 (Reporting by Victoria Bryan and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS