German stocks - Factors to watch on March 21

Mlp Se

21/03/2016 07:15

FRANKFURT/BERLIN, March 21 (Reuters) - The DAX top-30 index 
 .GDAXI  looked set to open 0.4 percent lower on Monday, 
according to premarket data from brokerage Lang & Schwarz at 
0710 GMT. 
    The following are some of the factors that may move German 
stocks: 
         
    BAYER  BAYGn.DE   
    Indicated 1.4 percent higher 
    Monsanto Co  MON.N , the world's largest seed producer, has 
approached Bayer to express interest in its crop science unit, 
including a potential acquisition worth more than $30 billion, 
according to people familiar with the matter. Bayer currently 
has no plans to actively pursue a sale of its crop science 
division, the sources added.  urn:newsml:reuters.com:*:nL2N16Q1FF 
     
    DEUTSCHE BOERSE  DB1Gn.DE   
    Indicated 0.1 percent lower 
    Some London Stock Exchange Group shareholders are seeking 
more money in the exchange's planned tie-up with Deutsche Boerse 
and questioning whether it could be derailed by anti-trust 
concerns, Bloomberg reported on Friday citing sources. 
 urn:newsml:reuters.com:*:nWNAB0AD0W 
     
    VOLKSWAGEN  VOWG_p.DE  
    Indicated 1 percent lower 
    Volkswagen's VW brand chief and its head of procurement were 
told in an internal meeting on Aug. 24, 2015 that the German 
carmaker could face potential penalties of more than $20 billion 
for the use of illegal software in its vehicles, weekly Der 
Spiegel reported on Friday.  urn:newsml:reuters.com:*:nL5N16Q44O 
    Separately, offers by U.S. union United Auto Workers to help 
VW in its talks with the EPA, have gone unanswered, UAW 
secretary-treasurer Gary Casteel told Welt am Sonntag. 
    Also, Lower Saxony Premier Stephan Weil reiterated that he 
sees "no reason" to consider a change in management at VW, 
according to Frankfurter Allgemeine Zeitung. 
     
    AIRBUS  AIRG.DE  
    Up 0.2 percent in early Frankfurt trade 
    Private equity firm KKR  KKR.N  has agreed to buy Airbus 
Group's  AIR.PA  defence electronics business for 1.1 billion 
euros ($1.2 billion), the European aerospace group said on 
Friday.  urn:newsml:reuters.com:*:nL5N16Q5BK 
     
    RTL  RRTL.DE   
    Up 0.2 percent in early Frankfurt trade 
    The broadcaster is buying online advertising company 
Smartclip for almost 47 million euros, Frankfurter Allgemeine 
Zeitung reported, saying a deal would be announced on Monday. 
 urn:newsml:reuters.com:*:nL5N16S0O0 
     
    TALANX  TLXGn.DE  
    Up 0.7 percent in early Frankfurt trade 
    The insurer raised its 2016 net profit aim to around 750 
million euros after beating its own 2015 targets and lifting its 
dividend to 1.30 euros a shares.  urn:newsml:reuters.com:*:nFWN16Q0JF 
     
    NORDEX  NDXG.DE  
    Indicated 0.9 percent higher 
    Full 2015 results. The wind turbine maker reported 
preliminary results on Feb. 26, posting earnings before interest 
and tax of 126 million euros.  urn:newsml:reuters.com:*:nL8N165179 
     
    XING  OBCGn.DE   
    Indicated 0.4 percent lower 
    The German online professional network is keeping a 
strategically high cash reserve - which stood at 78 million 
euros at end-2015 - to support its growth plans via 
acquisitions, CFO Ingo Chu told Boersen-Zeitung in an interview 
published Saturday.  
     
    TELE COLUMBUS  TC1n.DE  
    Indicated 3.9 percent higher 
    The cable company doubled its fourth-quarter adjusted EBITDA 
to 52 million euros after consolidating Primacom and Pepcom. 
 urn:newsml:reuters.com:*:nASM0002LR 
     
    VOSSLOH  VOSG.DE  
    Indicated 0.3 percent lower 
    The company agreed to pay Deutsche Bahn  DBN.UL  a medium 
double-digit million euro sum to settle damages claims after 
Germany's anti-trust regulator closed its investigation into 
price-fixing by rail supplier, Sueddeutsche Zeitung reported. 
     
    ENBW  EBKG.DE  
    Up 3 percent higher in early Frankfurt trade 
    2015 results due. 
         
    INDEX CHANGES AS OF MARCH 21: 
     
    DAX  0#.GDAXI  
    IN: PROSIEBENSAT.1  PSMGn.DE  
    OUT: K+S  SDFGn.DE  
     
    MDAX  0#.MDAXI  
    IN: STEINHOFF INTERNATIONAL  SNHG.DE , ALSTRIA OFFICE REIT 
 AOXG.DE , K+S 
    OUT: KLOECKNER & CO  KCOGn.DE , ELRINGKLINGER  ZILGn.DE , 
PROSIEBENSAT.1 
     
    TECDAX  0#.TECDAX  
    IN: SLM SOLUTIONS  AM3D.DE , SUESS MICROTEC  SMHNn.DE  
    OUT: QSC  QSCG.DE , LPKF  LPKG.DE  
     
    SDAX  0#.SDAXI  
    IN: WASHTEC  WSUG.DE , WUESTENROT & WUERTTEMBERGISCHE 
 WUWGn.DE , HAPAG LLOYD  HLAG.DE , KLOECKNER & CO, ELRINGKLINGER 
    OUT: ALSTRIA OFFICE REIT  AOXG.DE , MLP  MLPG.DE , SIXT 
LEASING  LNSX.DE , HORNBACH BAUMARKT  HBMG.DE , SCHALTBAU 
 SLTG.DE  
     
    ANALYSTS' VIEWS  
    PORSCHE SE  PSGH_p.DE  - Exane BNP Paribas raises the stock 
to "outperform" from "neutral", lifts target price to 58 euros 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  +0.7 pct, S&P 500 .SPX  +0.4 pct, Nasdaq 
 .IXIC  +0.4 pct at close.  .N  
    Japanese markets closed, Shanghai stocks  .SSEC  +2.2 pct. 
 .T   .SS  
 
    GERMAN ECONOMIC DATA 
    No economic data scheduled. 
    The finance ministry said on Monday that the German economy 
started 2016 in good shape thanks to industrial output gaining 
traction and domestic demand providing support as consumers in 
Europe's largest economy benefit from a stable labour market. 
 urn:newsml:reuters.com:*:nL5N16R0NR 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.8877 euros) 
 
 (Reporting by Maria Sheahan and Victoria Bryan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS