German stocks - Factors to watch on August 1

Koenig & Bauer AG

01/08/2018 05:53

FRANKFURT/BERLIN, Aug 1 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    THYSSENKRUPP  TKAG.DE 
    The engineering group shaken by activist investors cut its
earnings forecast late on Tuesday, citing cost overruns and
sluggish orders at its plant engineering and ship building
division. urn:newsml:reuters.com:*:nL5N1UR7NL
    Activist investor Elliott wants Thyssenkrupp to give its
business divisions more autonomy to pursue promising ventures,
an Elliott executive told German daily Welt. urn:newsml:reuters.com:*:nL5N1UR7SY
    Markus Grolms of trade union IG Metall will lead the
company's non-executive board until a permanent successor is
found for outgoing Chairman Ulrich Lehner.  urn:newsml:reuters.com:*:nL5N1UR7CJ
         
    INFINEON  IFXGn.DE 
    Q3 results due. Operating profit seen down 1.5 percent at
333 million euros. Poll:  urn:newsml:reuters.com:*:nL5N1UQ3TM
    
    SIEMENS  SIEGn.DE 
    Supervisory board due to discuss new strategy to be
presented with quarterly results on Thursday.
        
    VOLKSWAGEN  VOWG_p.DE 
    Q2 results due. EBIT seen up 10 percent at 4.98 billion
euros. Poll:  urn:newsml:reuters.com:*:nL5N1UN4EX
    
    HOCHTIEF  HOTG.DE 
    Australian subsidiary Cimic  CIM.AX  wins $310 million in
contracts in South Africa.  urn:newsml:reuters.com:*:nFWN1UR160
    
    NORMA  NOEJ.DE 
    Full Q2 results due. The group published preliminary figures
and warned on profit on July 26, citing rising raw material
prices, force majeure for important plastic components and
rising trade barriers.  urn:newsml:reuters.com:*:nASM000ME8
    
    OSRAM  OSRn.DE 
    Full Q3 results due. The group issued a profit warning in
late June, citing uncertainty among its automotive clients and
delays to some projects.  urn:newsml:reuters.com:*:nL8N1TU4SB
    
    DIALOG SEMICONDUCTOR  DLGS.DE 
    Dialog Semiconductor said on Tuesday it has ended
discussions with Synaptics Inc  SYNA.O  about a potential
acquisition of the U.S. touch-pad technology company, without
citing a reason.  urn:newsml:reuters.com:*:nL1N1UR26B
    
    MORPHOSYS  MORG.DE 
    Q2 results due after market close.
    
    QIAGEN  QIA.DE 
    The genetic testing specialist reported a gain in adjusted
net income of 12 percent to $77.2 million in the second quarter
and confirmed its full-year guidance.  urn:newsml:reuters.com:*:nFWN1UR14B
        
    KOENIG & BAUER  SKBG.DE 
    Q2 results due. Operating profit seen up 32 percent at 12.3
million euros. Poll:  urn:newsml:reuters.com:*:nL5N1UN3RP
    
    VOSSLOH  VOSG.DE 
    Q2 results due. EBIT seen down 7 percent at 18.2 million
euros. Poll:  urn:newsml:reuters.com:*:nL5N1UQ4ZD
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.4 pct, S&P 500 .SPX  +0.5 pct, Nasdaq
 .IXIC  +0.6 pct at close.  .N 
    Nikkei  .N225  +0.9 pct, Shanghai stocks  .SSEC  -0.3 pct.
    Time: 4.53 GMT.  .T   .SS 
    
    GERMAN ECONOMIC DATA
    German July Markit Manufacturing PMI due at 0755 GMT. Seen
flat at 57.3.
        
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Ludwig Burger and Maria Sheahan)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))