German stocks - Factors to watch on June 13
13/06/2016 06:06
FRANKFURT, June 13 (Reuters - The following are some of the
factors that may move German stocks on Monday:
BAYER BAYGn.DE
Monsanto MON.N has still not opened its books more than
two weeks after it rejected Bayer's $62 billion acquisition
offer but left the door open to a possible deal, according to
people familiar with the matter. urn:newsml:reuters.com:*:nL1N1921MR
BMW BMWG.DE
BMW sees the U.S. market at best stagnating in 2016, sales
chief Ian Robertson tells Automobilwoche. "We are working to
markedly cut inventories at our dealers," he said.
DEUTSCHE BANK DBKGn.DE
A Frankfurt court is expected to rule on carousel trade in
emission certificates, with two Deutsche Bank employees accused
of having evaded taxes when buying and selling carbon emission
certificates.
DEUTSCHE TELEKOM DTEGn.DE
A large number of Telekom's mobile phone customers
experienced service disruption for both telephony and internet
access in the night between Friday and Saturday, the company
said, adding that this was due to a client registration problem
at the company's central data bank that had since been resolved.
HENKEL HNKG_p.DE
CEO Hans Van Bylen repeated that the company aimed to carry
out acquisitions and would not be held back from doing so by
concerns over international economic turbulence. Even hostile
takeovers were not ruled out, though they were unlikely, he told
the Rheinische Post newspaper.
SIEMENS SIEGn.DE
Siemens has no interest in becoming a white knight for
German robot maker Kuka KU2G.DE , which is the target of a 4.5
billion euro takeover bid by Chinese home appliance maker Midea
000333.SZ , Siemens' chief executive said. urn:newsml:reuters.com:*:nL8N1940LR
VOLKSWAGEN VOWG_p.DE
Der Spiegel magazine reports, without citing sources, that
VW management is thinking that Ducati and MAN Diesel & Turbo
could be sold as part of the Strategy 2025 programme, because
they have little to do with the car business.
LANXESS LXSG.DE
CFO Michael Pontzen says the company does not want to fix a
dividend payout ratio but aims to pay a stable dividend and
raise it when possible, which goes hand-in-hand with the
company's goal of reducing cyclicality and raising cash flow.
"We want to be a reliable dividend payer to our shareholders,"
he told Boersen Zeitung newspaper in an interview.
ANNUAL GENERAL MEETINGS
HAWESKO HOLDING HAWG.DE - 1.30 eur/shr dividend proposed
EX-DIVIDEND
TELE COLUMBUS TC1n.DE - no dividend proposed
OVERSEAS STOCK MARKETS
Dow Jones .DJI -0.7 pct, S&P 500 .SPX -0.9 pct, .N
Nikkei .N225 -3.2 pct, Shanghai stocks .SSEC -0.8 pct.
Time: 5.06 GMT. .T .SS
GERMAN ECONOMIC DATA
No economic data scheduled.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Jonathan Gould and Emma Thomasson)
((Tina.Bellon@thomsonreuters.com;))
Keywords: GERMANY STOCKS/FACTORS