German stocks - Factors to watch on August 6

GRAMMER AG

06/08/2018 06:03

FRANKFURT/BERLIN, Aug 6 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    COMMERZBANK  CBKG.DE 
    Commerzbank's Polish unit M-Bank  MBANK.UL  is preparing to
expand to Germany, Austria and other western European countries,
Frankfurter Allgemeine Zeitung reported, citing no sources.
    
    DAIMLER  DAIGn.DE 
    Daimler's Mercedes has agreed to build a new future model at
its German plant in Sindelfingen as part of an agreement with
labour representatives, who in exchange accepted the outsourcing
of the production of car seats, Automobilwoche reported.
        
    DEUTSCHE BANK  DBKGn.DE 
    Moody's downgraded Deutsche Bank's senior debt to Baa3 from
Baa2, citing recent changes in German law.
    Separately, the Financial Times reported that Deutsche Bank
planned to expand its U.S. wealth management division.
 urn:newsml:reuters.com:*:nL4N1UX21P
    
    LINDE  LIN1.DE 
    The German industrial gases group said it and U.S. rival
Praxair  PX.N  may need to sell more assets than anticipated to
secure antitrust approval for their planned $87 billion tie-up,
which could scupper the deal.  urn:newsml:reuters.com:*:nASP0000P3
    
    MUNICH RE  MUVGn.DE 
    Munich Re, the world's biggest reinsurer, will stop
investing in bonds and shares of companies that generate more
than 30 percent of their sales with coal-related business, its
chief executive said, caving to pressure from investors.
 urn:newsml:reuters.com:*:nL5N1UW0M2
    
    SIEMENS  SIEGn.DE  
    Siemens finance chief Ralf Thomas sees the trade conflict
between the United States and China as damaging to the global
economy as a whole but said it had so far had no materially
negative impact on Siemens, according to an interview published
in Boersen-Zeitung on Saturday.
    
    THYSSENKRUPP  TKAG.DE 
    The German state of North Rhine-Westphalia's premier Armin
Laschet reiterated doubts that it would be a good idea to break
up industrial group Thyssenkrupp, according to an interview in
Bild am Sonntag.
    
    VOLKSWAGEN  VOWG_p.DE 
    Volkswagen is stopping deliveries of electric and hybrid
vehicles through the end of the year due to the switch to the
switch to the new WLTP testing standard, Welt am Sonntag
reported, citing a company spokesman.
    Separately, the head of Volkswagen's Scania said the
truckmaker's entire sales into Iran could be lost if the United
States reinstates sanctions against the country.  urn:newsml:reuters.com:*:nL4N1UU3JB
    Also, Volkswagen's Porsche is spending a two-digit million
euro sum to train its workers to build the new Taycan electric
vehicle, the unit's works council chief Uwe Hueck told
Stuttgarter Zeitung.
    
    DELIVERY HERO  DHER.DE 
    Founder Niklas Ostberg said he expected the company's value
could jump in future. "Maybe Delivery Hero will be worth 80
billion euros ($92 billion) someday, we have time to take
advantage of all our opportunities," he told Sueddeutsche
Zeitung in an interview.
        
    HOCHTIEF  HOTG.DE 
    Australian subsidiary Cimic  CIM.AX  secured social and
commercial infrastructure projects totalling A$110 million 
($81.29 million).  urn:newsml:reuters.com:*:nFWN1UW01E
    
    TELEFONICA DEUTSCHLAND  O2Dn.DE  
    Full Q2 report due. The group reported quarterly financial
results on July 25.  urn:newsml:reuters.com:*:nB4N0ZH05J
    
    XING  OBCGn.DE  
    Q2 results due.
    
    ALSTRIA OFFICE REIT  AOXG.DE 
    Q2 results due after market close.
    
    GRAMMER  GMMG.DE 
    Extended acceptance period for Ningbo Jifeng's  603997.SS 
takeover offer due to end at midnight.
        
    HYPOPORT  HYQGn.DE 
    Full Q2 results due. The group published preliminary results
on July 25.  urn:newsml:reuters.com:*:nASM000MBF
    
    STABILUS  STAB.DE  
    The group reported its adjusted EBIT jumped 9 percent in the
first nine months of the year and affirmed its 2018 guidance.
 urn:newsml:reuters.com:*:nASO0006CG
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.5 pct, S&P 500 .SPX  +0.5 pct, Nasdaq
 .IXIC  +0.1 pct at close.  .N 
    Nikkei  .N225  unchanged, Shanghai stocks  .SSEC  -0.8 pct.
    Time: 5.03 GMT.  .T   .SS 
    
    GERMAN ECONOMIC DATA
    German June industrial orders due at 0600 GMT. Seen -0.1 pct
m/m.
        
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 1.3532 Australian dollars)
($1 = 0.8653 euros)

 (Reporting by Douglas Busvine and Maria Sheahan)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))