German stocks - Factors to watch on March 22

Mlp Se

22/03/2017 05:57

FRANKFURT, March 22 (Reuters) - The following are some of 
the factors that may move German stocks on Wednesday: 
     
    BASF  BASFn.DE  
    BASF's oil and gas exploration subsidiary Wintershall 
 WINT.UL  to hold annual news conference. 
    Russian gas giant Gazprom  GAZP.MM  said it had discussed 
joint gas production plans and the Nord Stream 2 pipeline 
project with BASF.  urn:newsml:reuters.com:*:nR4N1GN00J 
    Separately, a small amount of hydrogen chloride leaked from 
a compressor during maintenance work at BASF's biggest plant in 
Ludwigshafen, Germany on Tuesday. It said four employees of a 
third-party company and one BASF workers suffered mucous 
membrane irritation. 
     
    COMMERZBANK  CBKG.DE  
    Bank of New York Mellon  BK.N  must face a Commerzbank 
lawsuit seeking to hold it liable for toxic mortgage-backed 
securities that the German lender bought before the financial 
crisis, resulting in more than $1 billion of losses. 
 urn:newsml:reuters.com:*:nL2N1GY13Z 
     
    DEUTSCHE POST  DPWGn.DE  
    Amazon.com  AMZN.O  is teaming up with Deutsche Post's DHL 
for its grocery delivery service Amazon Fresh in Germany, 
Handelsblatt daily reported, citing industry sources. 
    Separately, rival FedEx  FDX.N  reported worse-than-expected 
quarterly operating earnings, but an optimistic outlook for 
margins in the near-term soothed investor concerns.  urn:newsml:reuters.com:*:nL2N1GX17D 
         
    VOLKSWAGEN  VOWG_p.DE  
    Top officials at the carmaker's luxury division Audi 
 NSUG.DE  will meet next week to discuss a raid by German 
prosecutors on the carmaker's premises last week and the 
situation of its embattled chief executive, sources said. 
 urn:newsml:reuters.com:*:nL5N1GY6EV 
     
    JUNGHEINRICH  JUNG_p.DE   
    Q4 results due. Earnings before interest and tax (EBIT) seen 
up 10 percent at 67.7 million euros. Poll:  urn:newsml:reuters.com:*:nL5N1GU3C9 
     
    NORMA GROUP  NOEJ.DE   
    Full Q4 results due. The group published preliminary results 
on Feb. 15, with core profit (adjusted EBITA) falling 2.1 
percent to 34.9 million euros.  urn:newsml:reuters.com:*:nFWN1G002D 
     
    STADA  STAGn.DE  
    Stada, at the centre of a takeover battle between two 
private equity consortia, postponed a press conference on 2016 
results by six days to March 29 to fully take into account a 
smaller acquisition that will have a single-digit million euro 
effect on earnings.  urn:newsml:reuters.com:*:nL5N1GY4SI 
     
    JENOPTIK  JENG.DE  
    Full Q4 results due. The group reported preliminary results 
on Feb. 7 and said it expected a further rise in revenues and 
earnings this year.  urn:newsml:reuters.com:*:nFWN1FS02C 
     
    CARL ZEISS MEDITEC  AFXG.DE  
    The German medical technology company said it is to raise 
300 million euros ($324 million) in a share issue to help 
finance acquisitions.  urn:newsml:reuters.com:*:nASM000A42 
         
    XING  OBCGn.DE   
    Full Q4 results due. The business social network operator 
reported preliminary results on Feb. 23 and proposed a special 
dividend alongside an increased regular dividend.  urn:newsml:reuters.com:*:nASN0005HL 
 urn:newsml:reuters.com:*:nL8N1G81FA 
     
    ADO PROPERTIES  ADJ.DE   
    Q4 results due. 
     
    HAPAG-LLOYD  HLAG.DE  
    Antitrust investigators at the U.S. Justice Department have 
subpoenaed top executives from several container shipping lines 
as part of a probe into the global industry, shipping lines said 
on Wednesday.  urn:newsml:reuters.com:*:nL3N1GZ1B6 
     
    KOENIG & BAUER  SKBG.DE   
    Full Q4 results due. The group reported preliminary results 
on Feb. 20 and set new group financial targets for 2017 to 2021. 
 urn:newsml:reuters.com:*:nFWN1G50AX 
     
    TAKKT  TTKG.DE   
    Full Q4 results due. The group reported preliminary results 
on Feb. 16 and forecast a 2017 EBITDA margin in the middle of 
its long-term target range of 12-15 percent.  urn:newsml:reuters.com:*:nFWN1G017L 
     
    WASHTEC  WSUG.DE   
    Full Q4 results due. The group has already reported 
preliminary results, with full-year net profit jumping 24 
percent and proposed a dividend of 2.10 euros per share. 
 urn:newsml:reuters.com:*:nASM0009MY 
     
    INDEX CHANGES AS OF MARCH 22: 
     
    SDAX  0#.SDAXI   
    IN: MLP  MLPG.DE  
    OUT: GFK  GFKG.DE  
     
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -1.1 pct, S&P 500 .SPX  -1.2 pct, Nasdaq 
 .IXIC  -1.8 pct at close.  .N  
    Nikkei  .N225  -2.1 pct, Shanghai stocks  .SSEC  -0.6 pct. 
    Time: 5.57 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  
 
 (Reporting by Harro ten Wolde and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS