German stocks - Factors to watch on September 8

Medigene AG

08/09/2017 06:12

FRANKFURT, Sept 8 (Reuters) - The following are some of the 
factors that may move German stocks on Friday: 
     
    BAYER  BAYGn.DE  
    Monsanto Co  MON.N , which is being taken over by Bayer, 
pushed Arkansas on Thursday to allow farmers to spray crops with 
the company's dicamba herbicide, linked to damage on plants 
across the U.S. farm belt.  urn:newsml:reuters.com:*:nL2N1LO1QQ 
     
    PROSIEBENSAT.1  PSMGn.DE  
    The group agreed with broadcaster Central European Media 
Enterprises (CME)  CETV.O  to add eastern European TV stations 
to its European Media Alliance, Handelsblatt reported, citing 
ProSieben's digital business chief Christof Wahl. 
     
    VOLKSWAGEN  VOWG_p.DE  
    Volkswagen is actively working on deals to sell non-core 
assets accounting for as much as 20 percent of the German 
carmaker's annual revenues, The Wall Street Journal quoted its 
chief executive as saying on Thursday.  urn:newsml:reuters.com:*:nL8N1LO6IY 
     
    SUEDZUCKER  SZUG.DE   
    Suedzucker plans to further increase its cultivation area in 
Germany by a single-digit percentage in 2018, production chief 
Thomas Kirchberg told daily Heilbronner Stimme. He also said the 
company expected a harvest of 88 to 92 tonnes per hectare. 
     
    MEDIGENE  MDG1k.DE  
    The group said it would issue 182,335 new shares to settle 
the third and final milestone payment related to its acquisition 
of Trianta in 2014.  urn:newsml:reuters.com:*:nFWN1LO0RB 
     
    RATIONAL  RAAG.DE  
    The group expects its North American business to grow by 
15-20 pct this year, twice as fast as the group as a whole, its 
finance chief told investor newsletter Platow Brief. 
     
    SGL  SGCG.DE  
    Moody's changed its outlook on SGL's debt to positive and 
affirmed its Caa1 rating.  urn:newsml:reuters.com:*:nMDY16YQpF 
     
    ANALYSTS' VIEWS 
    LANXESS  LXSG.DE  - Helvea Baader Bank raises to "buy" from 
"hold", lifts price target to 75 euros from 74 euros. 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.1 pct, S&P 500 .SPX  unchanged, Nasdaq 
 .IXIC  +0.1 pct at close.  .N  
    Nikkei  .N225  -0.5 pct, Shanghai stocks  .SSEC  +0.2 pct. 
    Time: 5.12 GMT.  .T   .SS  
         
    GERMAN ECONOMIC DATA 
    German July trade3 balance due at 0600 GMT. Seen at 20.3 bln 
euros vs 21.2 bln, with exports +1.25 pct and imports +2.8 pct 
m/m, seasonally adjusted. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Maria Sheahan and Georgina Prodhan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS