German stocks - Factors to watch on December 21

Gesco SE

21/12/2015 06:09

FRANKFURT, Dec 21 (Reuters) - The following are some of the 
factors that may move German stocks on Monday: 
     
    ECB POLICY 
    The European Central Bank will keep monetary policy easy for 
as long as necessary in light of risks such as slower growth in 
emerging economies, its chief economist said in an interview 
with a Belgian newspaper.  urn:newsml:reuters.com:*:nL8N14A0B7 
     
    COMMERZBANK  CBKG.DE  
    Banking regulation and supervision should be merged or 
combined, the bank's Chief Risk Officer Stefan Schmittmann told 
Boersen-Zeitung in an interview.  urn:newsml:reuters.com:*:nL8N14807E 
     
    INFINEON  IFXGn.DE  
    Japanese chipmaker Renesas Electronics Corp's  6723.T  CEO 
said an acquisition by Infineon Technologies was unlikely as he 
believed its top shareholder, a government-backed fund, would 
not sell a majority stake to a foreign buyer.  urn:newsml:reuters.com:*:nL3N14A1LJ 
     
    RWE  RWEG.DE  
    Germany's No.2 utility is opposed to a sudden exit from 
brown coal generation, the most polluting fossil fuel, its chief 
executive told magazine Der Spiegel, adding these plants secured 
jobs and needed to keep running to pay for their 
decommissioning.  urn:newsml:reuters.com:*:nL8N14807U 
     
    VOLKSWAGEN  VOWG_p.DE  
    The California Air Resources Board said on Friday it was 
extending a deadline to approve or reject a diesel emissions 
repair plan submitted by Volkswagen AG for nearly 500,000 2.0 
liter vehicles until Jan. 14.  urn:newsml:reuters.com:*:nL1N1472K5 
    Separately, Stefano Domenicali, who headed Ferrari's Formula 
One team until 2014, could be appointed as the new chief 
executive of Volkswagen Italian brand Lamborghini, Sueddeutsche 
Zeitung reported on Saturday, citing industry sources. 
 urn:newsml:reuters.com:*:nL8N1480B6 
    In addition, Volkswagen plans to limit the time staff can 
remain in certain roles, its supervisory board chairman told a 
German weekly, in a step to improve oversight at the German 
carmaker.  urn:newsml:reuters.com:*:nL8N1480HD 
     
    VONOVIA  VNAn.DE  
    Germany's largest real estate company says there is an 
increasing shortage of affordable and adequate housing as a 
result of the massive influx of migrants into Europe's largest 
economy this year, its chief executive told a newspaper. 
 urn:newsml:reuters.com:*:nL8N1490V3 
     
    DEUTSCHE WOHNEN  DWNG.DE  
    The real estate group will fight a hostile takeover bid from 
larger peer Vonovia  VNAn.DE , Chief Executive Michael Zahn told 
Welt am Sonntag, adding he will convince the company's owners of 
Deutsche Wohnen alternative strategy. 
     
    FIELMANN  FIEG.DE  
    Marc Fielmann, the son of Chief Executive Guenther Fielmann, 
will join the optician and glasses retailer's management board 
as of Jan. 1, Die Welt and Frankfurter Allgemeine Zeitung 
reported on Saturday, adding he will be in charge of marketing 
and may at some point take over as CEO. 
     
    STADA  STAGn.DE  
    The drugmaker will invest "strongly" in Russia next year as 
currency-adjusted margins there exceed company-wide 
profitability, finance chief Helmut Kraft told Boersen-Zeitung, 
adding he aimed to keep the group's 2015 dividend at least 
stable.  urn:newsml:reuters.com:*:nL8N1473MF  urn:newsml:reuters.com:*:nL8N14806K 
     
    GFK  GFKG.DE  
    The market researcher warned it was no longer likely to 
reach its 2015 margin target, due to delays and ramp-up costs in 
the TAM contracts in Brazil and Saudi Arabia as well as a 
write-down.  urn:newsml:reuters.com:*:nASM0000T5 
     
    HORNBACH BAUMARKT  HBMG.DE , HORNBACH HOLDING  HBH.DE  
    Hornbach Holding said it now expected 2015/16 to drop by as 
much as 15 percent from a year earlier higher costs led to a 43 
percent drop in third-quarter earnings.  urn:newsml:reuters.com:*:nASM0000TD 
     
    STABILUS  STAB.DE    
    Annual report published. The company published preliminary 
results on Nov. 27, showing its earnings before interest and tax 
(EBIT) rose 17 percent.  urn:newsml:reuters.com:*:nEQ7WMYtSa  urn:newsml:reuters.com:*:nASM0000A9 
     
    INDEX CHANGES AS OF DEC. 21: 
     
    MDAX  0#.MDAXI  
    IN: COVESTRO  1COV.DE , STROEER  SAXG.DE  
    OUT: MAN  MANG.DE , KABEL DEUTSCHLAND  KD8Gn.DE  
     
    TECDAX  0#.TECDAX  
    IN: SILTRONIC  WAFGn.DE   
    OUT: MANZ  M5ZG.DE  
     
    SDAX  0#.SDAXI  
    IN: SCOUT24  G24n.DE , SCHAEFFLER  SHA_p.DE , WCM 
 WCMKk.DE , HYPOPORT  HYQGn.DE  
    OUT: STROEER  SAXG.DE , TOM TAILOR  TTIGn.DE , GESCO 
 GSC1n.DE , SHW  SW1.DE  
     
    IPO 
    Germany's Freudenberg and Swedish industrial rubber maker 
Trelleborg  TRELb.ST  are to decide on a possible flotation of 
jointly held automotive supplier TrelleborgVibracoustic in Q1 
2016, Freudenberg Chief Executive Mohsen Sohi told newspaper 
Mannheimer Morgen.  urn:newsml:reuters.com:*:nL8N1473X9 
     
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -2.1 pct, S&P 500 .SPX  -1.8 pct, Nasdaq 
 .IXIC  -1.6 pct at close.  .N  
    Nikkei  .N225  -0.4 pct, Shanghai stocks  .SSEC  +1.9 
pctShanghai stocks  .SSEC  +1.7 pct. 
    Time: 6.096.02 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German November producer prices due at 0700 GMT. Seen -0.2 
pct m/m, -2.5 pct y/y. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Maria Sheahan and Christoph Steitz) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS