Infineon Technologies AG logo

IFX - Infineon Technologies AG News Story

€32.25 0.5  1.6%

Last Trade - 4:35pm

Sector
Technology
Size
Large Cap
Market Cap £35.71bn
Enterprise Value £38.88bn
Revenue £8.03bn
Position in Universe 35th / 1050

German stocks - Factors to watch on June 16

Tue 16th June, 2020 5:29am
BERLIN/FRANKFURT, June 16 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    German drugmaker CureVac, in which the government is taking
a stake to help fund a COVID-19 vaccine, is planning an initial
public offering in the U.S. next month, a finance ministry
document seen by Reuters showed.  urn:newsml:reuters.com:*:nL8N2DS2SQ
    Asian shares and Wall Street futures rallied as the formal
start of the Federal Reserve's corporate bond buying programme
boosted global investor sentiment and calmed earlier worries
about a second wave of coronavirus infections.  urn:newsml:reuters.com:*:nL4N2DT011
    Beijing banned high-risk people from leaving the Chinese
capital and halted some transportation services to stop the
spread of a fresh coronavirus outbreak to other cities and
provinces.  urn:newsml:reuters.com:*:nL4N2DT0KX
    The origins of a new cluster of coronavirus infections in
Beijing are uncertain, World Health Organization officials said,
but the claim that it might have been caused by imports or
packaging of salmon was not the "primary hypothesis".
 urn:newsml:reuters.com:*:nL8N2DS5IV
    Germany reported 378 new cases and eight new deaths.
    
    
    LUFTHANSA  LHAG.DE   
    Lufthansa said that of the 22,000 positions it was seeking
to eliminate, 600 will be pilots, 2,600 flight attendants and
1,500 ground staff. It is seeking to avoid layoffs and to strike
a deal with labour leaders by June 22.  urn:newsml:reuters.com:*:nL8N2DS5VI
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    The Federal Communications Commission will probe an
extensive T-Mobile  TMUS.O  network outage that impacted
customers across the United States, the head of the U.S.
telecommunications regulatory agency said.  urn:newsml:reuters.com:*:nL1N2DT05G
    
    DEUTSCHE POST  DPWGn.DE 
    The company's current letter rate for consumers could be
unlawful, regulator BNetzA said.
    
    INFINEON  IFXGn.DE  
    German financial markets regulator BaFin warned that shares
in the chip maker were being touted illegally by an unknown
investor who has failed to issue an offer prospectus.
 L8N2DS60I 
    
    
    ZALANDO  ZALG.DE 
    Sweden's Kinnevik  KINVb.ST  is selling a 4.2% stake in the
online fashion retailer through an accelerated bookbuilding
process, it said.
    
        
    ANALYSTS' VIEWS 
    SCHAEFFLER  SHA_p.DE  - Moody's downgrades ratings to 'Ba1'
from 'Baa3'; outlook stable
        
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.6%, S&P 500 .SPX  +0.8%, Nasdaq  .IXIC 
+1.4% at close.  .N 
    Nikkei  .N225  +4.0%, Shanghai stocks  .SSEC  +0.9%.  .T 
 .SS 
    Time: 4:29 GMT

    
    ECONOMY
    * German June ZEW indicator due at 0900 GMT. Economic
sentiment seen at 60.0, current conditions at -84.0
    * German May final CPI due at 0600 GMT
    * German May wholesale prices due at 0600 GMT
    
        
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.