German stocks - Factors to watch on December 16
16/12/2020 05:55
BERLIN/FRANKFURT, Dec 16 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
CORONAVIRUS
Germany recorded 952 daily COVID-19 deaths, by far the
highest number since the start of the pandemic.
Shanghai Fosun Pharmaceutical 600196.SS 2196.HK said it
will buy at least 100 million doses of a COVID-19 vaccine from
BioNTech 22UAy.DE for use in mainland China next year, if the
vaccine receives approval. urn:newsml:reuters.com:*:nL1N2IW025
The European Commission is planning to exercise options to
buy 180 million additional doses of coronavirus vaccine, Der
Spiegel reported. The Commission is planning to buy 80 million
additional doses from Moderna MRNA.O and 100 million from
BioNTech and its U.S. partner Pfizer PFE.N , it added.
The U.S. government and Pfizer are negotiating an agreement
for more vaccine doses next year, the New York Times reported,
citing people familiar with the situation. urn:newsml:reuters.com:*:nFWN2IV0X5
DEUTSCHE POST DPWGn.DE
The company expects its parcel volume to rise up to 20%
year-on-year during this Christmas season, an executive told RND
newspaper group.
VOLKSWAGEN VOWG_p.DE
CEO Herbert Diess told top managers the company will pit its
largest plant against the Tesla TSLA.O factory that is under
construction near Berlin, Bloomberg reported. urn:newsml:reuters.com:*:nL4N2IV3VI
BASF BASFn.DE
French mining group Eramet ERMT.PA and BASF announced a
partnership to process nickel and cobalt, as the two companies
step up their ambitions to supply the electric vehicle industry.
urn:newsml:reuters.com:*:nL8N2IV5CA
CONTINENTAL CONG.DE
Capital markets day due
LANXESS LXSG.DE
The company is among suitors interested in making a bid for
private equity-backed Emerald Kalama Chemical, which could sell
for around $1 billion, Bloomberg reported. urn:newsml:reuters.com:*:nL4N2IV3QB
ANNUAL GENERAL MEETINGS
KWS SAAT KWSG.DE - 0.70 euros/shr dividend proposed
EX-DIVIDEND
AROUNDTOWN AT1.DE - 0.14 euros/shr dividend
ANALYSTS' VIEWS
AIRBUS AIR.PA - JEFFERIES CUTS TO HOLD FROM BUY
GEA G1AG.DE - SOCGEN RESUMES COVERAGE WITH HOLD VS SELL
RATING
ECONOMY
German November flash Markit PMI due at 0830 GMT.
Manufacturing seen at 56.4, services at 44.0, composite at 50.4
DIARIES DE/DIARY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Berlin, Frankfurt and Gdansk newsrooms)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))