German stocks - Factors to watch on July 22

HAMBORNER REIT AG

22/07/2020 06:20

BERLIN/FRANKFURT, July 22 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    CORONAVIRUS
    The number of confirmed coronavirus cases in Germany
increased by 454 to 202,799, data from the Robert Koch Institute
(RKI) for infectious diseases showed on Wednesday. The reported
death toll rose by five to 9,095, the tally showed.
    
    BAYER  BAYGn.DE 
    The company launched a pilot program in the United States
and Brazil on Tuesday that will pay farmers for capturing carbon
in cropland soils, making it the latest agriculture firm to
capitalise on environmental initiatives.  urn:newsml:reuters.com:*:nL2N2ES1ER
    
    SOFTWARE AG  SOWGn.DE  
    The company confirmed its 2020 guidance after reporting a
32% rise in second-quarter bookings.  urn:newsml:reuters.com:*:nFWN2ES11O
    
    TRATON  8TRA.DE 
    Volkswagen's  VOWG_p.DE  commercial truck unit wants to cut
6,000 of its 37,000 permanent jobs, Saki Stimoniaris, the head
of Traton's works council, told newspaper Boersen-Zeitung.
    
    HAMBORNER REIT  HABG.DE 
    The company updated its forecast for the 2020 financial
year, saying its income from rents and leases would be between
87 million euros and 88 million euros ($100.35 - $101.51
million) in the 2020 financial year, compared with 85.2 million
euros the previous year.  urn:newsml:reuters.com:*:nASN0009LL
    
    ANALYSTS' VIEWS
    * TEAMVIEWER AG  TMV.DE : RBC RAISES PRICE TARGET TO EUR 58
FROM EUR 50
    * CTS EVENTIM  EVDG.DE : DZ BANK RAISES FAIR VALUE TO EUR 36
FROM EUR 32
    * SIEMENS HEALTHINEERS AG  SHLG.DE : RBC RAISES PRICE TARGET
TO EUR 45 FROM EUR 40
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.6%, S&P 500 .SPX  +0.2%, Nasdaq  .IXIC 
-0.8% at close.  .N 
    Nikkei  .N225  -0.6%, Shanghai stocks  .SSEC  +1.2%.  .T 
 .SS 
    Time: 5:20 GMT

    GERMAN ECONOMIC DATA
    No major economic data scheduled.
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 0.8669 euros)

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))