German stocks - Factors to watch on May 7

Koenig & Bauer AG

07/05/2020 05:26

BERLIN, May 7 (Reuters) - The following are some of the
factors that may move German stocks on Thursday:
    
    CORONAVIRUS 
    U.S. Secretary of State Mike Pompeo renewed his aggressive
criticism of China, blaming it for the deaths of hundreds of
thousands of people from the coronavirus and demanding again
that it share information about the outbreak.  urn:newsml:reuters.com:*:nL1N2CO0S6
    Germany reported 1,284 new coronavirus infections and 123
more deaths - the highest number this week so far - as the
country is loosening many of its distancing rules.
    
    DEUTSCHE TELEKOM  DTEGn.DE 
    T-Mobile US  TMUS.O  added more monthly bill paying phone
subscribers than expected in the first quarter, thanks to
cheaper plans compared to its rivals and a surge in demand for
phone services as people work from home amid lockdowns.
 urn:newsml:reuters.com:*:nL4N2CO3R7
    
    LUFTHANSA  LHAG.DE 
    The group's Austrian Airlines, which has applied for 767
million euros in emergency aid from the Austrian government,
plans to cut 1,100 of its 7,000 staff by 2023, national news
agency APA reported.  urn:newsml:reuters.com:*:nV9N286027
    
    CONTINENTAL  CONG.DE  
    Q1 results due
    
    HEIDELBERGCEMENT  HEIG.DE  
    Q1 results due
    
    LINDE  LINI.DE  
    Q1 results due. Net profit seen at 989 million euros. Poll:
 urn:newsml:reuters.com:*:nL8N2CN3Q6
    
    MUNICH RE  MUVGn.DE  
    Q1 results due
    
    
    ZALANDO  ZALG.DE  
    The online fashion retailer said sales were recovering from
an initial hit by coronavirus lockdowns and it expects full-year
sales growth of 10-20% and a return to profitability after it
posted a first-quarter loss.  urn:newsml:reuters.com:*:nL8N2CO8RV
    
    METRO  B4B.DE  
    The wholesaler, which saw an initial boost to sales during
the coronavirus crisis due to traders stocking up, said it
expects sales to decline as long as lockdowns continue as its
restaurant and hotel customers stay closed.  urn:newsml:reuters.com:*:nL8N2CO81A
    
    AIRBUS  AIRG.DE 
    The World Trade Organization must decide whether the United
States has fully complied with WTO rulings on illegal government
aid to Boeing  BA.N , and that process could take some time, a
spokesman for Airbus said.  urn:newsml:reuters.com:*:nL1N2CO19S
    
    QIAGEN  QIA.DE 
    The molecular testing company plans a 50-fold increase in
production of viral RNA extraction kits to meet rising demand
for products used in COVID-19 testing, it said.  urn:newsml:reuters.com:*:nL8N2CO9YG
    
    MORPHOSYS  MORG.DE 
    The company confirmed its financial guidance but warned its
guidance could be impacted by the coronavirus pandemic.
 urn:newsml:reuters.com:*:nEQ4JyS42a
    
    CTS EVENTIM  EVDG.DE 
    The ticketing company is proposing to suspend its dividend
due to the impact of the coronavirus pandemic.  urn:newsml:reuters.com:*:nEQ41xkyFa
    
    BRENNTAG  BNRGn.DE  
    Q1 results due
    
    EVONIK  EVKn.DE  
    Q1 results due. Net profit seen at 193 million euros. Poll:
 urn:newsml:reuters.com:*:nL8N2CN0M3
    
    COMPUGROUP MEDICAL  COPMa.DE  
    Q1 results due
    
    OSRAM  OSRn.DE  
    Fiscal Q2 results due
    
    PROSIEBENSAT.1 MEDIA  PSMGn.DE  
    Q1 results due
    
    PUMA  PUMG.DE  
    Q1 results due. EBIT seen at 74 million euros. Poll:
 urn:newsml:reuters.com:*:nL8N2CN1ED
    
    UNIPER  UN01.DE  
    Q1 results due
    
    
    NEW WORK  NWOn.DE  
    Q1 results due
    
    
    SIXT  SIXG.DE  
    The car rental company said it has secured a 1.5 billion
euro loan from state development bank KfW and four commercial
banks to help see it through the coronavirus crisis.
 urn:newsml:reuters.com:*:nL8N2CO876
    
    BAYWA  BYWGnx.DE  
    Q1 results due
    
    DEUTZ  DEZG.DE  
    Q1 results due
    
    KOENIG & BAUER  SKBG.DE  
    Q1 results due
    
    RHOEN KLINIKUM  RHKG.DE  
    Q1 results due
    
    TALANX  TLXGn.DE  
    Q1 results due
    
    WACKER NEUSON  WACGn.DE  
    Q1 results due
    
    
    ANNUAL GENERAL MEETINGS
    PUMA  PUMG.DE  - no dividend proposed 
    TALANX  TLXGn.DE  - 1.50 eur/shr dividend proposed
    GODEWIND IMMOBILIEN  GWD.DE  - no dividend proposed 
        
    
    EX-DIVIDEND
    ALLIANZ  ALVG.DE  - 9.60 eur/shr dividend
    HANNOVER RUECK  HNRGn.DE  - 5.50 eur/shr dividend
        
    
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.9%, S&P 500 .SPX  -0.7%, Nasdaq  .IXIC 
+0.5% at close.  .N 
    Nikkei  .N225  +0.2%, Shanghai stocks  .SSEC  unchanged.
 .T   .SS 
    Time: 4:26 GMT
    
    
    ECONOMY
    * German March industrial output data due at 0600 GMT. Seen
-7.5% m/m

    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com; +49 30 2888 5169))