German stocks - Factors to watch on May 12

KWS SAAT SE & Co KgaA

12/05/2021 05:57

BERLIN/FRANKFURT, May 12 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    CORONAVIRUS
    Germany reported 14,909 new infections and 268 more deaths.
    
    ECONOMY
    Germany will only be able to meet the European Union's
fiscal rules again by 2030 after a debt-funded spending spree to
cushion the impact of the coronavirus pandemic, Finance Minister
Olaf Scholz told Wednesday's Rheinische Post newspaper.
 urn:newsml:reuters.com:*:nL1N2MY2I1
    
    DEUTSCHE BANK  DBKGn.DE 
    Deutsche Bank has appointed M&A veteran Richard Robinson as
a managing director and vice chairman of its global Industrials
group, the German lender said on Tuesday.  urn:newsml:reuters.com:*:nL4N2MY4E4    

    SCHAEFFLER AG  SHA_p.DE  
    Schaeffler AG and Timken Co. are among suitors considering
bids for the mechanical power transmission business being sold
by ABB, people familiar with the matter told Bloomberg News. The
business could fetch about $1.5 billion in a sale, they said.
 urn:newsml:reuters.com:*:nL4N2MY4G3
    
    DAIMLER  DAIGn.DE 
    If the European Union wants to push a faster shift to
zero-emissions cars then Daimler AG is ready, but there needs to
be an open debate on the impact electrification will have on
auto jobs, the carmaker's top executive said on Tuesday.
 urn:newsml:reuters.com:*:nL1N2MY1N3
    
    DEUTSCHE EUROSHOP  DEQGn.DE  
    The group  posted an EBIT of 31.4 million euros in the first
quarter.  urn:newsml:reuters.com:*:nASN0016OI
    
    PATRIZIA  PATGn.DE  
    The group posted an operating income of 26.5 million euros.
 urn:newsml:reuters.com:*:nFWN2MY1HE
    
    KWS SAAT  KWSG.DE  
    The group's nine-month profit was at 136.2 million euros.
 urn:newsml:reuters.com:*:nFWN2MY1J3
    
    ALLIANZ  ALVG.DE  
    First-quarter results due. 
    
    BAYER  BAYGn.DE  
    First-quarter results due. 
    
    DEUTSCHE TELEKOM  DTEGn.DE  
    First-quarter results due. 
    
    MERCK  MRCG.DE  
    First-quarter results due. 
    
    RWE  RWEG.DE  
    First-quarter results due. 
    
    CANCOM  COKG.DE  
    First-quarter results due. 
    
    COMMERZBANK  CBKG.DE  
    First-quarter results due. 
    
    LANXESS  LXSG.DE  
    First-quarter results due. 
    
    SCOUT24  G24n.DE  
    First-quarter results due. 
    
    TELEFONICA DEUTSCHLAND   O2Dn.DE  
    First-quarter results due. 
    
    VARTA  VAR1.DE  
    First-quarter results due. 
    
    HAMBURGER HAFEN UND LOGISTIK  HHFGn.DE  
    First-quarter results due. 
    
    LEONI  LEOGn.DE  
    First-quarter results due. 
    
    INDUS HOLDING  INHG.DE  
    First-quarter results due. 
    
    SALZGITTER  SZGG.DE  
    First-quarter results due. 
    
    SCHAEFFLER  SHA_p.DE 
    First-quarter results due.
          
    SMA SOLAR  S92G.DE  
    First-quarter results due.
    
    SUESS MICROTEC  SMHNn.DE  
    First-quarter results due.
    
    ZOOPLUS  ZO1G.DE  
    First-quarter results due.
    
    WESTWING  WEW.DE  
    First-quarter results due.
    
    ANNUAL GENERAL MEETINGS
    
    ADIDAS  ADSGn.DE  - 3.00 eur/shr dividend proposed
    BMW  BMWG.DE  - 1.90 eur/shr dividend proposed
    SAP  SAPG.DE  - 1.85 eur/shr dividend proposed
    K&S  SDFGn.DE  - no dividend proposed
    NEMETSCHEK  NEKG.DE  - 0.30 eur/shr dividend proposed
    RATIONAL  RAAG.DE  - 4.80 eur/shr dividend proposed
    SOFTWARE  SOWGn.DE  - 0.76 eur/shr dividend proposed
    WACKER CHEMIE  WCHG.DE  - 2.00 eur/shr dividend proposed
    PFEIFFER VACUUM  PV.DE  - 1.60 eur/shr dividend proposed
    KLOECKNER & CO  KCOGn.DE  - no dividend proposed
    DEUTSCHE PFANDBRIEFBANK  PBBG.DE  - 0.26 eur/shr dividend
proposed
            
    EX-DIVIDEND 
    HUGO BOSS  BOSSn.DE  - 0.04 euros/shr dividend
    KION GROUP  KGX.DE  - 0.41 euros/shr dividend
    RHEINMETALL  RHMG.DE  - 2.00 euros/shr dividend
    TAG IMMOBILIEN  TEGG.DE  - 0.88 euros/shr dividend
    BAYWA  BYWGnx.DE  - 1.00 euros/shr dividend
    JUNGHEINRICH - 0.43 euros/shr dividend
    TAKKT - 1.10 euros/shr dividend
        
    ANALYSTS' VIEWS 
    FMC AG  FMEG.DE : JP MORGAN RAISES TARGET PRICE TO EUR 58.80
FROM EUR 52.40
    EVONIK INDUSTRIES AG  EVKn.DE : CREDIT SUISSE RAISES TARGET
PRICE TO EUR 26 FROM EUR 24
    E.ON SE  EONGn.DE : CREDIT SUISSE RAISES TARGET PRICE TO EUR
11.5 FROM EUR 11
    UNITED INTERNET AG  UTDI.DE : CREDIT SUISSE RAISES TARGET
PRICE TO EUR 36 FROM EUR 34
    1&1 DRILLISCH AG  DRIG.DE : CREDIT SUISSE RAISES TARGET
PRICE TO EUR 20 FROM EUR 19    
        
    OVERSEAS STOCK MARKETS  
    S&P 500 .SPX  -0.9%, Nasdaq  .IXIC  -0.1% at close.  .N 
    Nikkei  .N225  -2.1%, Shanghai stocks  .SSEC  unchanged.
 .T   .SS 
    Time: 4:52 GMT
    
    ECONOMY
    German April CPI final due at 0600 GMT. Seen +0.7% m/m,
+2.0% y/y, harmonized +0.5% m/m, +2.1% y/y.     
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))