German stocks - Factors to watch on July 14
14/07/2020 05:40
BERLIN/FRANKFURT, July 14 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
GRAMMER GMMG.DE
The automotive supplier said it expected second-quarter
group earnings before interest and taxes to be significantly
below expectations. urn:newsml:reuters.com:*:nASN00098X
GERRESHEIMER GXIG.DE
Second quarter results due.
HELLOFRESH HFGG.DE
Hellofresh said it expected revenue and adjusted earnings
before interest taxes depreciation and amortisation (EBITDA) to
be significantly above market expectations in the second quarter
and increased its full-year 2020 guidance. urn:newsml:reuters.com:*:nASN000992
KOENIG & BAUER SKBG.DE
The company has applied for a 120 million euros state-backed
loan from Germany's KFW, the company said. urn:newsml:reuters.com:*:nFWN2EK0FY
ANNUAL GENERAL MEETINGS
CONTINENTAL CONG.DE - 3.00 eur/shr dividend proposed
KOENIG & BAUER SKBG.DE - no dividend proposed
ANALYSTS' VIEWS
HELLOFRESH SE HFGG.DE : CREDIT SUISSE INITIATES WITH
OUTPERFORM, EUR 61 TARGET PRICE
COMMERZBANK AG CBKG.DE : JEFFERIES RAISES TARGET PRICE TO
EUR 4.40 FROM EUR 3.90
ADIDAS AG ADSGn.DE : PIPER SANDLER RAISES PRICE TARGET TO
237 EUROS FROM 170 EUROS
OVERSEAS STOCK MARKETS
Dow Jones .DJI unchanged, S&P 500 .SPX -0.9%, Nasdaq
.IXIC -2.1% at close. .N
Nikkei .N225 -1%, Shanghai stocks .SSEC -1.1%. .T
.SS
Time: 4:40 GMT
GERMAN ECONOMIC DATA
German June Harmonized Consumer Prices due at 0600 GMT. Seen
+0.7% m/m, +0.8 y/y.
German June Consumer Prices due at 0600 GMT. Seen +0.6% m/m,
+0.9 y/y.
German June ZEW Economic Sentiment due at 0900 GMT. Seen
+60.0.
German June ZEW Current Conditions due at 0900 GMT. Seen
-65.0.
DIARIES DE/DIARY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Berlin, Frankfurt and Gdansk newsrooms)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))