German stocks - Factors to watch on May 25

Medigene AG

25/05/2018 06:16

FRANKFURT, May 25 (Reuters) - The following are some of the
factors that may move German stocks on Friday:
    
    DEUTSCHE BANK  DBKGn.DE 
    Chairman Paul Achleitner received the endorsement of 84.4
percent of shareholders at the company's annual general meeting.
He also survived a non-binding vote of no confidence.
 urn:newsml:reuters.com:*:nF9N1L9016
    
    AUTOS
    VOLKSWAGEN  VOWG_p.DE , DAIMLER  DAIGn.DE , BMW  BMWG.DE 
    Automotive engineering firm IAV will face its first-ever
warning strikes next Wednesday as staff protest plans by
management to trim starting salaries, Frankfurter Allgemeine
Zeitung reported, citing the company's labour boss. 
    A U.S. Environmental Protection Agency official said he is
not satisfied with the carmaker's efforts to improve
accountability after its diesel emissions fraud, German
newspaper Handelsblatt reported on Thursday.  urn:newsml:reuters.com:*:nL5N1SV765
    Germany's SPD social democrats demanded that carmakers pay
for hardware retrofits of exhaust treatment systems for diesel
vehicles with Euro 5 and Euro 6 generation diesel engines,
Andrea Nahles told the Passauer Neue Presse.
    Germany's Transport Minister Andreas Scheuer has summoned
Daimler Chief Executive to a meeting to explain emissions levels
of the Mercedes-Benz Vito van, after motor vehicle authority KBA
found engine management software devices, Bild said on Friday.
    
    THYSSENKRUPP  TKAG.DE 
    The steel-to-elevators group's supervisory board plans to
hold a meeting in mid-June that could sign the contract for the
planned joint venture with India's Tata Steel  TISC.NS ,
Westdeutsche Allgemeine Zeitung reported on Friday, without
citing the source of the information.
   
    MEDIGENE  MDG1k.DE 
    The biotech firm issued 10 percent new shares for a capital
increase to fund immunotherapy programmes.  urn:newsml:reuters.com:*:nFWN1SV0WK

    ANNUAL GENERAL MEETINGS
    BAYER  BAYGn.DE  - 2.80 eur/shr dividend proposed
    TLG IMMOBILIEN  TLGG.DE  - 0.82 eur/shr dividend proposed
            
    EX-DIVIDEND 
    DEUTSCHE BANK  DBKGn.DE  - 0.11 euros/shr dividend
    SALZGITTER  SZGG.DE  - 0.45 euros/shr dividend
    SMA SOLAR  S92G.DE  - 0.35 euros/shr dividend
    UNITED INTERNET  UTDI.DE  - 0.85 euros/shr dividend
    INDUS HOLDING  INHG.DE  - 1.50 euros/shr dividend
    
    

hold from sell  urn:newsml:reuters.com:*:nFWN1SV0SH
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.3 pct, S&P 500 .SPX  -0.2 pct, Nasdaq
 .IXIC  unchanged at close.  .N 
    Nikkei  .N225  +0.2 pct, Shanghai stocks  .SSEC  -0.1 pct.
    Time: 5.13 GMT.  .T   .SS 

    GERMAN ECONOMIC DATA
    German Ifo business sentiment index due at 0800 GMT.
Business Climate seen at 102.0 points vs 102.1 points, Current
Conditions at 105.5 vs 105.7, Expectations at 98.5 vs 97.5.
        
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Andreas Cremer and Edward Taylor)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))