German stocks - Factors to watch on June 30

Mlp Se

30/06/2017 07:22

(Adds share price indications) 
    FRANKFURT, June 30 (Reuters) - The DAX top-30 index .GDAXI 
looked set to open 0.2 percent higher on Friday, according to 
premarket data from brokerage Lang & Schwarz at 0621 GMT. 
    The following are some of the factors that may move German 
stocks on Friday: 
     
    DAIMLER  DAIGn.DE  
    Indicated up 0.1 pct  
    Labour representatives cancelled a Saturday shift at the 
Mercedes-Benz factory in Untertuerkheim as workers and 
management haggle in a dispute over working hours and future 
factory work. 
     
    RWE  RWEG.DE  
    Indicated down 0.4 pct  
    The energy utility plans to save another 300 million euros 
by 2020, RWE Chief Executive Rolf Martin Schmitz told 
Frankfurter Allgemeine Zeitung. 
     
    VOLKSWAGEN  VOWG_p.DE  
    Indicated up 0.1 pct 
    Volkswagen VOWG_p.DE Leasing GmbH has placed three bonds 
worth a total of 3.5 billion euros ($4 billion), the carmaker 
said on Thursday, in the largest capital market transaction by 
its financial services arm.  urn:newsml:reuters.com:*:nL8N1JQ5S0 
     
    DEUTSCHE BANK  DBKGn.DE   
    Indicated up 0.5 pct  
    Deutsche Bank's external counsel in Washington, D.C. 
rejected on Thursday demands by U.S. House Democrats to provide 
details of President Donald Trump's finances, citing privacy 
laws. urn:newsml:reuters.com:*:nL8N1JQ68F 
     
    HORNBACH HOLDING  HBH.DE   
    No indication available 
    The DIY chain posted Q1 EBIT up 21.2 pct to 92.7 mln eur 
 urn:newsml:reuters.com:*:nFWN1JR00J 
     
    HEIDELBERGER DRUCK  HDDG.DE   
    Indicated up 1.1 pct 
    The printing press maker is targeting a double-digit EBIT 
margin and a net margin of more than 3 percent, its CFO told 
Boersen-Zeitung. 
        
    DELIVERY HERO  DHER.DE  
    Frankfurt stock market debut due. Issue price 25.50 eur/shr. 
     
    KNORR BREMSE 
    Sweden's Haldex  HLDX.ST  on Thursday said it was 
withdrawing its support for the bid from German car parts maker 
Knorr-Bremse as it is unlikely European competition authorities 
will approve the acquisition.  urn:newsml:reuters.com:*:nL8N1JQ6Q3 
     
    ANNUAL GENERAL MEETINGS 
    SIXT  SIXG.DE  - 1.65 eur/shr dividend proposed 
         
    EX-DIVIDEND  
    MLP  MLPG.DE  - dividend 0.08 eur/shr  
         
 
 
   ANALYSTS' VIEWS 
   ZALANDO  ZALG.DE : DEUTSCHE BANK CUTS TO SELL FROM HOLD, CUTS 
PRICE TARGET TO 36 EUROS FROM 39.66 EUROS   
   EVONIK  EVKn.DE : BERENBERG RAISES TO BUY FROM HOLD, RAISES 
PRICE TARGET TO 33 EUROS FROM 31 EUROS 
   TOM TAILOR  TTIGn.DE : BERENBERG CUTS PRICE TARGET TO 11.50 
EUROS FROM 12 EUROS 
   VONOVIA  VNAn.DE : BERENBERG RAISES PRICE TARGET TO 42 EUROS 
FROM 40 EUROS 
 
         
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.8 pct, S&P 500 .SPX  -0.9 pct, Nasdaq 
 .IXIC  -1.4 pct at close.  .N  
    Nikkei  .N225  -0.9 pct, Shanghai stocks  .SSEC  +0.1 pct. 
    Time: 6.22 GMT.  .T   .SS  
     
     
    GERMAN ECONOMIC DATA 
    German May retail sales due at 0600 GMT. Seen +0.3 pct m/m, 
+2.5 pct y/y. 
    German June jobless data due at 0800 GMT. Seen -10,000 
seasonally adjusted, with the unemployment rate unchanged at 5.7 
pct. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Edward Taylor and Arno Schuetze) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS