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IFX - Infineon Technologies AG News Story

€32.5 1.1  3.6%

Last Trade - 07/05/21

Sector
Technology
Size
Large Cap
Market Cap £36.82bn
Enterprise Value £40.06bn
Revenue £8.70bn
Position in Universe 35th / 1050

German stocks - Factors to watch on June 3

Mon 3rd June, 2019 6:12am
BERLIN/FRANKFURT, June 3 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    BASF  BASFn.DE 
    BASF is poised to start a sales process for its $3 billion
construction chemicals arm according to Bloomberg. urn:newsml:reuters.com:*:nL4N237463
Source link: https://bloom.bg/2WgpmzQ
    
    LUFTHANSA  LHAG.DE 
    Chief Executive Carsten Spohr said he expects more airlines
to participate in a consolidation of the industry.  urn:newsml:reuters.com:*:nL8N23906U
    Global airlines slashed a widely watched industry profit
forecast by 21% on Sunday as an expanding trade war and higher
oil prices compound worries about an overdue industry
slowdown. urn:newsml:reuters.com:*:nL8N23900D
    
    Infineon  IFXGn.DE 
    German chipmaker Infineon Technologies AG is nearing a deal
to buy Cypress Semiconductor Corp CY.O, valuing the U.S.
chipmaker at almost $10 billion, Bloomberg reported on Sunday.
 urn:newsml:reuters.com:*:nL4N23A0OA
    
    BAYER  BAYGn.DE 
    Private equity companies are  exploring bid for Bayer's
animal medicines business, the Financial Times reported on
Sunday.  urn:newsml:reuters.com:*:nL4N2390F8
    
    AIRBUS  AIRG.DE 
    The plane maker is close to selling A330 neo wide-body jets
to Virgin Atlantic, people familiar with the matter said on
Sunday.  urn:newsml:reuters.com:*:nL8N239065
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    T-Mobile US Inc.  AIRG.DE  and Sprint Corp.  S.N  have
inched one step closer to a deal after winning an approval for
their merger from Hawaii's public utilities commission,
Bloomberg reported on Saturday, citing a filing.  urn:newsml:reuters.com:*:nL4N238085
    
    
    ISRA VISION  ISRG.DE 
    H1 results due. 
    
    Tom Tailor  TTIGn.DE 
    A sale of its Bonita unit was blocked by the company's
banks, Tom Tailor said.  urn:newsml:reuters.com:*:nFWN2370N9

        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -1.4 pct, S&P 500 .SPX  -1.3 pct, Nasdaq
 .IXIC  -1.5 pct at close.  .N 
    Nikkei  .N225  -1.3 pct, Shanghai stocks  .SSEC  -0.5 pct.
 .T   .SS 
    Time: 5:12 GMT. 

    
    GERMAN ECONOMIC DATA
     Markit May PMI due at 0755 GMT. Seen unchanged at 44.3
points.

    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))
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