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IFX - Infineon Technologies AG News Story

€31.37 -0.9  -2.7%

Last Trade - 06/05/21

Sector
Technology
Size
Large Cap
Market Cap £36.22bn
Enterprise Value £39.44bn
Revenue £8.63bn
Position in Universe 34th / 1049

German stocks - Factors to watch on October 22

Tue 22nd October, 2019 6:22am
BERLIN/FRANKFURT, Oct 22 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    BASF  BASFn.DE  
    The company is reducing the size of its executive board as
part of ongoing efficiency measures.  urn:newsml:reuters.com:*:nFWN2760S1
    
    DEUTSCHE BANK  DBKGn.DE  
    The lender is considering substantial cuts to the unit that
trades interest-rate securities, a division that survived a
large-scale pullback as part of the lender's sweeping revamp in
July, Bloomberg reported on Monday.  urn:newsml:reuters.com:*:nL3N2763MU
    
    Vossloh AG  VOSG.DE 
    The rail infrastructure firm on Tuesday confirmed its
operating full-year outlook, adding that it expected
significantly improved earnings before interest and taxes in
2020.  urn:newsml:reuters.com:*:nFWN2760Z4

    INFINEON  IFXGn.DE 
    Silicon Valley-based Cypress Semiconductor  CY.O  said it
received green light from the European Commission for a $10
billion takeover deal by German chipmaker Infineon.  urn:newsml:reuters.com:*:nFWN2760DB
 urn:newsml:reuters.com:*:nL8N23A0LS
    
    BAYER  BAYGn.DE 
    The German drugmaker said it had submitted a new drug
application to the U.S. Food and Drug Administration for its
Mirena intrauterine device.  urn:newsml:reuters.com:*:nASC0AF5W
    
    SOFTWARE  SOWGn.DE 
    The German IT firm on Tuesday reported a 5% increase in
third-quarter revenue at constant currency driven by strong
growth in its its Adabas & Natural database line. It confirmed
its 2019 guidance.  urn:newsml:reuters.com:*:nASP0018CQ
    
    ANALYSTS' VIEWS 
    DWS GROUP GMBH & CO KGAA  DWSG.DE : Barclays initiates with
"overweight" rating 
    

    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.2%, S&P 500 .SPX  +0.7%, Nasdaq  .IXIC 
+0.9% at close.  .N 
    Japanese markets closed, Shanghai stocks  .SSEC  -0.1%.  .T 
 .SS 
    Time: 5:21 GMT
    
    
    GERMAN ECONOMIC DATA
    No major economic data scheduled.
    
    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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