German stocks - Factors to watch on August 7
07/08/2018 05:54
BERLIN, Aug 7 (Reuters) - The following are some of the
factors that may move German stocks on Tuesday:
M&A GERMANY
Berlin wants to be able to intervene in investments and
takeovers if an investor outside the European Union acquires a
shareholding of at least 15 percent in a German company, a
newspaper reported on Tuesday. urn:newsml:reuters.com:*:nL5N1UX5EY
BEIERSDORF BEIG.DE
Q2 results due. Organic sales growth seen at 7.5 percent, up
from 6.5 percent in the previous quarter. Poll: urn:newsml:reuters.com:*:nL5N1UU2C0
COMMERZBANK CBKG.DE
Q2 results due. Net profit seen at 227 million euros ($262
million) compared with year-earlier loss 637 million. Poll:
urn:newsml:reuters.com:*:nL5N1UT7PJ
DAIMLER DAIGn.DE
Daimler has given up plans to expand in Iran due to U.S.
sanctions, according to Stuttgarter Zeitung.
DEUTSCHE POST DPWGn.DE
Q2 results due. EBIT seen at 762 million euros, down 9
percent. Poll: urn:newsml:reuters.com:*:nL5N1UU4N2
DEUTSCHE TELEKOM DTEGn.DE
U.S. antitrust enforcers are in the early stages of
reviewing T-Mobile US Inc's TMUS.O plan to buy Sprint Corp
S.N for $26 billion, and have reached no conclusions on how
many wireless carriers the country needs, according to a source
familiar with the situation. urn:newsml:reuters.com:*:nL1N1UX0X6
RWE RWEG.DE
Utility EnBW EBKG.DE is currently not planning to sell its
coal-fired power plants, its chief executive told a newspaper.
urn:newsml:reuters.com:*:nL5N1UX3XA
AIRBUS AIRG.DE AIR.PA
The planemaker said it won 269 gross aircraft orders between
January and July. urn:newsml:reuters.com:*:nFWN1UX0W5
UNIPER UN01.DE
Q2 results due. Adjusted EBITDA seen down 40 percent at 368
million euros. Poll: urn:newsml:reuters.com:*:nL5N1UX3FU
Separately, Chief Operating Officer Eckhardt Ruemmler said
the company aims to build a new gas-fired power plant in
Gelsenkirchen by the end of 2022, investing a low three-digit
million euro sum, according to an interview in WAZ.
ZALANDO ZALG.DE
Q2 results due. Adjusted EBIT seen at 94.7 million euros, up
16 percent. Poll: urn:newsml:reuters.com:*:nL5N1UT7S7
The online fashion retailer plans to buy back own shares for
up to 90 million euros to fund a long-term executive
compensation programme. urn:newsml:reuters.com:*:nASO0006E1
MEDIGENE MDG1k.DE
Q2 results due.
ALSTRIA OFFICE REIT AOXG.DE
The real estate firm has raised its full-year guidance for
sales and operating profit after posting higher first-half
earnings. urn:newsml:reuters.com:*:nASO0006DU
DEUTSCHE BETEILIGUNGS AG DBANn.DE
Q3 results due.
ELRINGKLINGER ZILGn.DE
Q2 results due. Adjusted EBIT seen down 36 percent at 24
million euros. Poll: urn:newsml:reuters.com:*:nL5N1UU4QH
GRAMMER GMMG.DE
Q2 results due.
HEIDELBERGER DRUCKMASCHINEN HDDG.DE
Q1 results due. EBIT loss seen narrowing to almost
break-even. urn:newsml:reuters.com:*:nL5N1UU2KG
PATRIZIA IMMOBILIEN PATGn.DE
Operating profit more than doubled in the first six months
and the real estate company affirmed its improved guidance.
urn:newsml:reuters.com:*:nASO0006DY
SCHAEFFLER SHA_p.DE
Q2 results due.
The purchase of drive-by-wire technology from Paravan GmbH
will speed up Schaeffler's self-driving car plans by years,
executive Matthias Zink told business daily Handelsblatt.
SGL GROUP SGCG.DE
Q2 results due.
WACKER NEUSON WACGn.DE
Q2 results due.
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.2 pct, S&P 500 .SPX +0.4 pct, Nasdaq
.IXIC +0.6 pct at close. .N
Nikkei .N225 +0.6 pct, Shanghai stocks .SSEC +1.4 pct.
Time: 4.54 GMT. .T .SS
GERMAN ECONOMIC DATA
German June industrial output due at 0600 GMT. Seen -0.5 pct
m/m.
German trade balance due at 0600 GMT. Seen flat at 20.3 bln
euros, with exports -0.4 pct, imports +0.2 pct.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
($1 = 0.8665 euros)
(Reporting by Andreas Cremer and Maria Sheahan)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))