German stocks - Factors to watch on June 3

New Work SE

03/06/2016 06:05

FRANKFURT, June 3 (Reuters) - The following are some of the 
factors that may move German stocks on Friday: 
     
    ALLIANZ  ALVG.DE  
    Investors pulled approximately $1 billion from the Pimco 
Total Return Fund in May following cash withdrawals of the same 
amount the previous month, the Newport Beach, California-based 
firm said on Thursday. urn:newsml:reuters.com:*:nL1N18U2BN 
     
    BAYER  BAYGn.DE  
    Bayer, which has made a $62 billion bid for U.S. seeds 
company Monsanto Co  MON.N , has secured a 60 billion euros ($67 
billion) loan facility that can be expanded up to 75 billion 
euros, Handelsblatt daily reported on Thursday.  urn:newsml:reuters.com:*:nL4N18U4NI 
     
    DEUTSCHE BANK  DBKGn.DE  
    Deutsche Bank was among eight financial services firms have 
paid the FDIC $190 million to settle claims they misled five 
U.S. banks into buying risky mortgage securities from the former 
Countrywide Financial Corp, contributing to the banks' failures. 
 urn:newsml:reuters.com:*:nL1N18U11W 
    Separately, two former traders with Deutsche Bank, one in 
New York and another in London, have been indicted for 
conspiring to manipulate the benchmark Libor interest rate, the 
U.S. Justice Department said on Thursday.  urn:newsml:reuters.com:*:nL1N18U1SL 
     
    LUFTHANSA  LHAG.DE  
    Lufthansa is set for a good year and summer bookings have 
not disappointed, the chief executive of the airline said on 
Thursday.  urn:newsml:reuters.com:*:nB4N0ZH03N 
    Also, the chief executive of Brussels Airlines told an 
industry conference that he is hopeful German airline group 
Lufthansa LHAG.DE will acquire the part of the Belgian carrier 
which it does not yet own.  urn:newsml:reuters.com:*:nL8N18U5LB 
     
    VOLKSWAGEN  VOWG_p.DE  
    Credit rating agency Fitch affirmed Volkswagen AG at BBB+, 
outlook negative, reflecting the emissions scandal.  urn:newsml:reuters.com:*:nRSDTLdXT 
     
    AIRBUS  AIRG.DE   AIR.PA  
    The European Aviation Safety Authority on Thursday grounded 
Airbus H225 LP and AS332 L2 Super Puma helicopters following the 
discovery of metal fatigue in the gearbox of a Super Puma that 
fatally crashed in Norway on April 29.  urn:newsml:reuters.com:*:nL8N18U0A9 
     
    HAPAG LLOYD  HLAG.DE  
    The shareholders of Middle East container shipping group 
United Arab Shipping Company (UASC) back the company's merger 
talks with Hapag-Lloyd although there has not yet been a vote to 
approve a deal, UASC said on Thursday.  urn:newsml:reuters.com:*:nL8N18U5JE 
     
    SARTORIUS  SATG.DE  
    Sartorius said it would implement a stock split on June 13 
to encourage trading in its shares.  urn:newsml:reuters.com:*:nBw7qZlbla 
     
    EX-DIVIDEND  
    NORMA  NOEJ.DE  - dividend 0.90 eur/shr 
    XING  OBCGn.DE  - dividend 2.53 eur/shr 
    SIXT  SIXG.DE  - dividend 1.50 eur/shr 
     
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  +0.3 pct, S&P 500 .SPX  +0.3 pct, Nasdaq 
 .IXIC  +0.4 pct at close.  .N  
    Nikkei  .N225  +0.3 pct, Shanghai stocks  .SSEC  unchanged. 
    Time: 5.05 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German final Markit PMI for May due at 0755 GMT. Services 
PMI seen unchanged at 55.2, composite PMI unchanged at 54.7. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Maria Sheahan, Jonathan Gould and Edward Taylor) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS