German stocks - Factors to watch on August 29

Gesco SE

29/08/2014 07:28

FRANKFURT, Aug 29 (Reuters) - The DAX top-30 index  .GDAXI  
looked set to open 0.2 percent higher on Friday, according to 
premarket data from brokerage Lang & Schwarz at 0622 GMT. 
    The following are some of the factors that may move German 
stocks: 
     
    DEUTSCHE TELEKOM  DTEGn.DE  
    Indicated 0.1 percent higher 
    Deutsche Telekom AG sees potential offers which value its 
T-Mobile US Inc  TMUS.N  unit at $35 a share as being 
substantially too low, a person familiar with the matter said on 
Thursday, countering an earlier report from Bloomberg. 
 ID:nL1N0QY1V5  
    Related news  DTEGn.DE-E  
     
    LUFTHANSA  LHAG.DE   
    Indicated 0.1 percent lower 
    Pilots at Lufthansa's Germanwings started a six-hour strike 
on Friday, disrupting the travel plans of thousands of people 
returning from summer holidays, applying pressure on Lufthansa 
management in their dispute over a pension scheme. 
 ID:nL5N0QY4ZY  
    Related news  LHAG.DE-E  
     
    SGL CARBON  SGCG.DE  
    Indicated 0.1 percent higher 
    Moody's Investors Service downgraded to B2 from B1 the 
corporate family rating and changed its outlook to negative, 
reflecting a deterioration in the financial performance of the 
core Performance Product segment.  ID:nMDY9lXdQ3  
    Related news  SGCG.DE-E  
     
    CAPITAL STAGE  HWAG.DE  
    Indicated 0.7 percent higher 
    Q2 results due. 
    Related news  HWAG.DE-E  
     
    BERTELSMANN  BTGGg.F  
    Indication not available 
    The German media group cut its 2014 profit outlook on Friday 
after the Hungarian business of its broadcaster RTL  RRTL.DE  
 AUDK.LU  took a hit from a new advertising tax.  ID:nF9N0NY07M  
    Related news  BTGGg.F-E  
     
    EX-DIVIDEND  
    GESCO  GSC1n.DE  - dividend 2.20 eur/shr 
     
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  -0.3 pct, S&P 500  .SPX  -0.2 pct, Nasdaq 
 .IXIC  -0.3 pct at Thursday's close.  ID:nL1N0QY24R  
    Nikkei  .N225  -0.2 pct at Friday's close.  ID:nZZN0A950F  
     
    GERMAN ECONOMIC DATA 
    German July retail sales figures -1.4 pct m/m and +0.7 y/y 
in real terms. Reuters poll was for +0.1 pct m/m, +1.5 pct y/y. 
 ID:nL5N0QY4S9   ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Edward Taylor and Christoph Steitz) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY MARKETS STOCKS