German stocks - Factors to watch on May 12

MVV Energie AG

12/05/2017 06:28

BERLIN/FRANKFURT, May 12 (Reuters) - The following are some 
of the factors that may move German stocks on Friday: 
     
    ALLIANZ  ALVG.DE  
    The German insurer reaffirmed its operating profit target 
for 2017 after underscoring the strength of its bond fund 
manager PIMCO.  urn:newsml:reuters.com:*:nFWN1ID1DZ 
     
    DEUTSCHE BANK  DBKGn.DE   
    Deutsche Bank is reorganising its electronic, currency and 
rates businesses to bring together electronic trading across all 
asset classes under a new head, who will report direct to the 
bank's management board, the company said in an internal memo on 
Thursday.  urn:newsml:reuters.com:*:nL8N1ID87L 
     
    THYSSENKRUPP  TKAG.DE  
    The German industrial group revised its full-year forecasts 
on Friday, saying it now expected negative free cash flow as 
working capital rises due to higher prices for input raw 
materials and increased sales volumes.  urn:newsml:reuters.com:*:nF9N1I700O 
     
    DEUTSCHE WOHNEN  DWNG.DE  
    The real estate firm confirmed its 2017 outlook after 
reporting first-quarter FFO increase of 11 percent to 113 
million euros.  urn:newsml:reuters.com:*:nL8N1IE0N1 
     
    DEUTSCHE EUROSHOP 
    The company forecast FFO of 140-143 million euros and said 
it envisaged paying a dividend of 1.45 euros per share for 2017 
as it reported first-quarter results.  urn:newsml:reuters.com:*:nASN00073L 
     
    INNOGY  IGY.DE  
    Germany's largest energy group, on Friday warned prospects 
in the British retail market sharply deteriorated as a result of 
fierce competition, adding it no longer expected its troubled 
Npower unit to turn a profit there.  urn:newsml:reuters.com:*:nF9N1HW006 
     
    BVB  BVB.DE  
    Full Q3 results due. The group published preliminary results 
on May 5, with a net loss of 14.6 million euros.  urn:newsml:reuters.com:*:nASM000B3Z 
     
    HAPAG-LLOYD  HLAG.DE  
    Q1 results due. 
     
    HHLA  HHFGn.DE  
    Q1 results due. The group hiked its guidance last week, 
saying it now expected a significant increase in container 
handling this year.  urn:newsml:reuters.com:*:nASM000B4L 
     
    WUESTENROT & WUERTTEMBERGISCHE  WUWGn.DE  
    Q1 results due. 
     
    ZEAL NETWORK  TIMGn.DE  
    Q1 results due. 
     
    MVV  MVVGn.DE  
    Q2 results due. 
     
    ANNUAL GENERAL MEETINGS 
    BASF  BASFn.DE  - 3.00 eur/shr dividend proposed 
    FRESENIUS  FREG.DE  - 0.62 eur/shr dividend proposed 
    PROSIEBENSAT.1  PSMGn.DE  - 1.90 eur/shr dividend proposed 
    KLOECKNER & CO  KCOGn.DE  - 0.20 eur/shr dividend proposed 
         
    EX-DIVIDEND  
    ADIDAS  ADSGn.DE  - dividend 2.00 eur/shr 
    BMW  BMWG.DE  - dividend 3.50 eur/shr 
    FRESENIUS MEDICAL CARE  FMEG.DE  - dividend 0.96 eur/shr 
    KION  KGX.DE  - dividend 0.80 eur/shr 
    LEONI  LEOGn.DE  - dividend 0.50 eur/shr 
    TALANX  TLXGn.DE  - dividend 1.35 eur/shr 
    GRENKE  GLJn.DE  - dividend 1.75 eur/shr 
          
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.1 pct, S&P 500 .SPX  -0.2 pct, Nasdaq 
 .IXIC  -0.2 pct at close.  .N  
    Nikkei  .N225  -0.4 pct, Shanghai stocks  .SSEC  +0.7 pct. 
    Time: 5.28 GMT.  .T   .SS  
         
    GERMAN ECONOMIC DATA 
    German Q1 flash GDP data due at 0600 GMT. Seen +0.6 pct q/q, 
+1.7 pct y/y. 
    German final April inflation data also due at 0600 GMT. CPI 
and HICP both seen flat m/m, +2.0 pct y/y. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Edward Taylor, Victoria Bryan and Harro ten 
Wolde) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS