German stocks - Factors to watch on December 23

Koenig & Bauer AG

23/12/2019 05:58

BERLIN, Dec 23 (Reuters) - The following are some of the
factors that may move German stocks on Monday:
    
    LUFTHANSA  LHAG.DE 
    German cabin crew union UFO said arbitration talks with
Lufthansa on Sunday failed and its members could now stage
strikes any time, but they would spare passengers industrial
action on Dec. 24, 25 and 26. Lufthansa said separately that
arbitrators had proposed a further meeting with UFO for early
January.  urn:newsml:reuters.com:*:nL8N28W0F2
    
    UNITED INTERNET  UTDI , ROCKET INTERNET  RKET.DE 
    The companies issued details on their plan to cut their
cross-shareholding announced earlier this month.  urn:newsml:reuters.com:*:nASN0001H2
 urn:newsml:reuters.com:*:nASN0001H3  urn:newsml:reuters.com:*:nL8N28J1PK
    
    KOENIG & BAUER  SKBG.DE 
    The company cut its sales and profit outlook for 2019.
 urn:newsml:reuters.com:*:nFWN28U0VC
    
    ADIDAS  ADSGn.DE 
    Chief Executive Kasper Rorsted told the Frankfurter
Allgemeine Sonntagszeitung that the company, as planned, will
post double-digit profit growth again after the current fiscal
year.  "In the fourth quarter, we are growing significantly
faster than in the prior quarter", he said. 
        


    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.3%, S&P 500 .SPX  +0.5%, Nasdaq  .IXIC 
+0.4% at close.  .N 
    Nikkei  .N225  unchanged, Shanghai stocks  .SSEC  -0.8%.
 .T   .SS 
    Time: 5:58 GMT
    
    
    
    ECONOMY
    German November import prices due at 0700 GMT. Index seen
falling 2.3% year-on-year, rising 0.4% from the previous month. 
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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