German stocks - Factors to watch on May 17

New Work SE

17/05/2018 06:08

BERLIN/FRANKFURT, May 17 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    ALLIANZ  ALVG.DE  
    Germany's Allianz SE ALVG.DE is launching a new retirement
products business in Australia - a move that comes at a time
when the domestic financial industry is on the back foot amid
revelations of widespread misconduct.  urn:newsml:reuters.com:*:nL3N1SO1B9
    
    AUTOS  BMWG.DE  DAIGn.DE  VOWG_p.DE 
    Monthly car sales data due from European association ACEA. 
    
    BAYER  BAYGn.DE 
    EU court decision due on restrictions on the use of
insecticides known as neonicotinoids that studies have shown can
harm bees.
    
    DAIMLER  DAIGn.DE , DEUTSCHE TELEKOM  DTEGn.DE  
    The two companies have agreed an out-of-court settlement
with the German government worth around 3.2 billion euros,
including a cash payment of 1.1 billion, due to the delayed
start to the Toll Collect scheme, Handelsblatt reports.
    Separately, a third round of wage talks between Deutsche
Telekom unit T-Systems and labour union Verdi ended with no
agreement, and a fourth round scheduled for next week was
cancelled, Verdi said on Wednesday.
        
    MERCK  MRCG.DE 
    Merck KGaA said two of its experimental oncology drugs
showed early signs of promise in certain lung cancer patients,
potentially helping the company's efforts to find drug-industry
partners to share further development costs.  urn:newsml:reuters.com:*:nL5N1SN6E5
    
    SIEMENS  SIEGn.DE 
    Currently none of the sites of Siemens's and Alstom's
 ALSO.PA  rail businesses in Germany and France are at risk,
Alstom Chief Executive Henri Poupart-Lafarge told Sueddeutsche
Zeitung in an interview, but he said the plants had to become
more flexible to react to swings in demand.
    
    METRO  B4B.DE  
    Olaf Koch, chief executive of the German retailer, has
bought about 1 million euros worth of shares in the company.
 urn:newsml:reuters.com:*:nFWN1SN0XA
    
    CECONOMY  CECG.DE  
    The group reported it swung to a second-quarter operating
profit and affirmed its guidance for the full year.  urn:newsml:reuters.com:*:nF9N1SA01Q
        
    RTL  RRTL.DE , BERTELSMANN  BTGGg.F  
    Q1 results due from both RTL and parent Bertelsmann. RTL
EBITA seen up 1 percent at 221 million euros. Poll:  urn:newsml:reuters.com:*:nL5N1SN2YQ

    KWS SAAT  KWSG.DE  
    Q3 results due.
    
    PATRIZIA IMMOBILIEN  PATGn.DE  
    The group confirmed its full-year guidance as it reported a
rise in Q1 operating income.  urn:newsml:reuters.com:*:nFWN1SN0TX
    
    SUEDZUCKER  SZUG.DE  
    Annual news conference due. The group already published
full-year results in March and forecast a significant decline in
operating profit in 2018/19.  urn:newsml:reuters.com:*:nASO0002K4
    
    VTG  VT9G.DE  
    Q1 results due.
    
    ZOOPLUS  ZO1G.DE  
    Q1 results due. The group said in a trading statement last
month that its Q1 sales rose 26 percent.  urn:newsml:reuters.com:*:nASO0003GU
            
    HELLOFRESH  HFGG.DE  
    Phenomen Ventures, holder of 7.3 percent of current shares,
says offers all of current holding in secondary private
placement, with pricing an allocation due on May 17.
 urn:newsml:reuters.com:*:nFWN1SN0WY
        
    ANNUAL GENERAL MEETINGS
    BMW  BMWG.DE  - 4 eur/shr dividend proposed
    DEUTSCHE TELEKOM  DTEGn.DE  - 0.65 eur/shr dividend proposed
    FRESENIUS MEDICAL CARE  FMEG.DE  - 1.06 eur/shr dividend
proposed
    SAP  SAPG.DE  - 1.40 eur/shr dividend proposed
    LEG IMMOBILIEN  LEGn.DE  - 3.04 eur/shr dividend proposed
    NORMA  NOEJ.DE  - 1.05 eur/shr dividend proposed
    1&1 DRILLISCH  DRIG.DE  - 1.60 eur/shr dividend proposed
    FREENET  FNTGn.DE  - 1.65 eur/shr dividend proposed
    MORPHOSYS  MORG.DE  - no dividend proposed
    TELEFONICA DEUTSCHLAND  02Dn.DE  - 0.26 eur/shr dividend
proposed
    DIEBOLD NIXDORF  WING.DE  - 2.82 eur/shr dividend proposed
        
    EX-DIVIDEND 
    DEUTSCHE BOERSE  DB1Gn.DE  - 2.45 eur/shr dividend 
    PROSIEBENSAT.1  PSMGn.de  - 1.93 eur/shr dividend 
    SYMRISE  SY1G.DE  - 0.88 eur/shr dividend 
    XING  OBCGn.DE  - 1.68 eur/shr dividend 
    ELRINGKLINGER  ZILGn.DE  - 0.50 eur/shr dividend 
    KLOECKNER & CO  KCOGn.DE  - 0.30 eur/shr dividend 
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.3 pct, S&P 500 .SPX  +0.4 pct, Nasdaq
 .IXIC  +0.6 pct at close.  .N 
    Nikkei  .N225  +0.6 pct, Shanghai stocks  .SSEC  -0.3 pct.
    Time: 5.08 GMT.  .T   .SS 
    
    GERMAN ECONOMIC DATA
    No economic data scheduled.
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 


($1 = 0.8469 euros)

 (Reporting by Emma Thomasson and Maria Sheahan)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))