Leifheit AG logo

LEI - Leifheit AG News Story

€32.7 -0.1  -0.3%

Last Trade - 18/09/20

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £285.0m
Enterprise Value £242.7m
Revenue £222.6m
Position in Universe 540th / 1040

German stocks - Factors to watch on September 19

Mon 19th September, 2016 6:07am
FRANKFURT/BERLIN, Sept 19 (Reuters) - The following are some 
of the factors that may move German stocks on Monday: 
     
    DAIMLER  DAIGn.DE  
    Daimler should avert possible job losses resulting from the 
expected substitution of conventional cars by electronic 
vehicles in coming years by making components for electric 
engines, the carmaker's top labour representative said in an 
interview with Reuters. urn:newsml:reuters.com:*:nL8N1BS129 
    The carmaker plans to invest a further 500 million euros  
($558 million) in its Mercedes-Benz truck engine plant in 
Mannheim by 2020, on top of 500 million already invested between 
2014 and 2016 to expand capacity, plant head Andreas Moch told 
Mannheimer Morgen newspaper. 
    Trucks head Wolfgang Bernhard told Sunday paper Frankfurter 
Allgemeine Sonntagszeitung the company was watching Tesla's move 
into e-trucks "with interest".  urn:newsml:reuters.com:*:nL8N1BU0BC 
     
    DEUTSCHE BANK  DBKGn.DE   
    The financial stability council still expects the U.S. 
Justice Department to significantly reduce a $14 billion claim 
against Deutsche Bank over mortgage-backed securities, basing 
its view on previous cases against U.S. banks in which initial 
demands were later reduced, Handelsblatt reported on Monday. 
     
    VOLKSWAGEN  VOWG_p.DE   
    Audi's head of development will be suspended this coming 
week as part of the investigation into an emissions scandal, 
Bild am Sonntag reported.  urn:newsml:reuters.com:*:nL8N1BT2NJ 
    Separately, VW management has called on employees to act 
with integrity in a letter to employees sent a year after the 
start of the Dieselgate scandal, Automobilwoche reported on 
Saturday. 
     
    SCHAEFFLER  SHA_p.DE   
    The automotive supplier is looking to expand its electronics 
and software business making components for hybrid and electric 
cars, its CEO Klaus Rosenfeld told magazine Euro am Sonntag 
 urn:newsml:reuters.com:*:nL8N1BT03X 
     
    INDEX CHANGES AS OF SEPT. 19 
 
    TECDAX  0#.TECDAX  
    IN: S+T AG  SANT1.DE  
    OUT: SUESS MICROTEC AG  SMHNn.DE  
     
    SDAX  0#.SDAXI  
    IN: LEIFHEIT  LEIG.DE  
    OUT: COMDIRECT BANK  CDBG.DE  
 
 
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.5 pct, S&P 500 .SPX  -0.4 pct, Nasdaq 
 .IXIC  -0.1 pct at close.  .N  
    Japanese markets closed, Shanghai stocks  .SSEC  +0.6 pct. 
    Time: 5.07 GMT.  .T   .SS  
     
     
    GERMAN ECONOMIC DATA 
    No economic data scheduled. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 
($1 = 0.8955 euros) 
 
 (Reporting by Jonathan Gould, Victoria Bryan and Ludwig Burger) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.