German stocks - Factors to watch on January 2

Highlight Communications AG

02/01/2017 06:15

FRANKFURT/BERLIN, Jan 2 (Reuters) - The following are some 
of the factors that may move German stocks on Monday: 
     
    BMW  BMWG.DE  
    Production of battery cells is a strategic option for the 
luxury carmaker but none that will be realized in the next three 
years, Chief Executive Harald Krueger told Boersen-Zeitung. 
     
    DEUTSCHE BANK  DBKGn.DE  
    Chairman Paul Achleitner has ruled out a pan-European merger 
or a state bailout in the wake of the lender's mortgage 
settlement with the U.S. Department of Justice, Frankfurter 
Allgemeine Sonntagszeitung reported.  urn:newsml:reuters.com:*:nL5N1ER0BQ 
         
    DEUTSCHE TELEKOM  DTEGn.DE  
    Deutsche Telekom has struck a financing agreement with its 
U.S. subsidiary T-Mobile US  TMUS.O  as part of which it will 
provide the firm with $2.5 billion of credit in two tranches. It 
is also providing a secured loan of $660 million.  urn:newsml:reuters.com:*:nFWN1EP054 
     
    E.ON  EONGn.DE  
    The German utility plans to cut administrative jobs as part 
of efforts to reduce costs by 400 million euros, Chief Executive 
Johannes Teyssen told newspaper Rheinische Post.  urn:newsml:reuters.com:*:nL5N1EP2VA 
     
    RWE  RWEG.DE  
    RWE will be able to pay the 6.8 billion euros ($7.15 
billion) requested by the government to fund the costs of 
storing nuclear waste in one lump sum by the middle of 2017, 
newspaper Die Welt reported, citing the firm's chief executive. 
 ID:nL5N1ER0N3    
     
    VOLKSWAGEN  VOWG_p.DE  
    The carmaker still hopes to reach a criminal settlement on 
its emissions scandal with the U.S. Department of Justice before 
the Obama administration leaves on Jan. 20, Bild am Sonntag 
reported, without citing the source of the information. 
     
    CONSTANTIN MEDIEN  EV4G.DE , HIGHLIGHT COMMUNICATIONS 
 HLGZ.DE  
    Highlight Communications said its general meeting on Friday 
rejected a dividend payment to shareholders for the 2015 
business year and refused to re-elected Constantin Medien 
Chairman Dieter Hahn to its board of directors.  urn:newsml:reuters.com:*:nASM0008MN 
     
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.3 pct, S&P 500 .SPX  -0.5 pct, Nasdaq 
 .IXIC  -0.9 pct at close.  .N  
    Japanese markets closed, Chinese markets closed. 
    Time: 6.15 GMT.  .T   .SS  
         
    GERMAN ECONOMIC DATA 
    German December Markit manufacturing PMI due at 0855 GMT. 
Seen flat at 55.5 points. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Maria Sheahan, Andreas Cremer and Edward Taylor) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS