German stocks - Factors to watch on September 15

New Work SE

15/09/2016 06:09

BERLIN/FRANKFURT, Sept 15 (Reuters) - The following are some 
of the factors that may move German stocks on Thursday: 
     
    BANK OF ENGLAND 
    The Bank of England is expected to say on Thursday that it 
will still probably cut interest rates to a fraction above zero 
later this year, despite signs it overestimated the initial 
shock to Britain's economy from June's Brexit vote.  urn:newsml:reuters.com:*:nL8N1BQ4FF 
     
    ALLIANZ  ALVG.DE  
    Allianz's Pimco accused former star bond fund manager Bill 
Gross of leaking confidential bonus data and exercising "bad 
faith" in pursuing a $200 million lawsuit over his sudden 
departure from the firm in September 2014.  urn:newsml:reuters.com:*:nL2N1BQ1DS 
     
    AUTOS  BMWG.DE  DAIGn.DE  VOWG_p.DE  
    Monthly car sales data due from European automotive 
association ACEA at 0600 GMT. 
    Separately, Volkswagen said on Wednesday it has not decided 
if it will resume selling diesel vehicles in the United States, 
even if it were allowed to, in the wake of the automaker's 
emissions cheating scandal.  urn:newsml:reuters.com:*:nL2N1BQ1C1 
     
    BASF  BASFn.DE , HENKEL HNKG_p.DE   
    The chemicals firm says it intends to acquire Henkel's 
professional western European building material business. It 
says total revenue for the business being acquired is in a 
higher double-digit million euro range.  urn:newsml:reuters.com:*:nFWN1BQ0BZ 
     
    BAYER  BAYGn.DE  
    Bayer investor Royal London Asset Management said on 
Wednesday it backed the agreed deal for U.S. rival Monsanto 
 MON.N , calling it "a great deal for Bayer shareholders". 
 urn:newsml:reuters.com:*:nL8N1BQ44L 
     
    DEUTSCHE BANK  DBKGn.DE  
    Executive and supervisory boards meet to discuss the 
lender's strategy.  urn:newsml:reuters.com:*:nL8N1BD2TV 
 
    DEUTSCHE TELEKOM  DTEGn.DE  
    The telecoms group has struck an agreement with labour union 
Verdi on telecommuting arrangements for its workers, management 
board member Christian Illek and Verdi board member Lothar 
Schroeder told Handelsblatt daily in an interview.      
     
    MUNICH RE  MUVGn.DE  
    The reinsurer said it would carry out a planned 1 billion 
euro share buyback in several tranches, starting on Sept. 15. 
 urn:newsml:reuters.com:*:nFWN1BQ0C9 
     
    SIEMENS  SIEGn.DE  
    The engineering group will invest 5 billion euros in 
infrastructure, mobility and energy management in Argentina in 
coming years, creating some 3,000 jobs, CEO Joe Kaeser said on 
Wednesday.  urn:newsml:reuters.com:*:nL2N1BQ1PU 
     
    XING  OBCGn.DE   
    Analyst presentation on strategy 2020 due. 
         
    DEUTSCHE BETEILIGUNGS AG  DBANn.DE  
    The group announced plans for a capital increase by up to 
1.4 million new shares, or 10 percent of its capital. 
 urn:newsml:reuters.com:*:nASM00063Z 
     
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  -0.2 pct, S&P 500 .SPX  -0.1 pct, Nasdaq 
 .IXIC  +0.4 pct at close.  .N  
    Nikkei  .N225  -1.2 pct, Chinese markets closed. 
    Time: 5.09 GMT.  .T   .SS  
     
    ZF FRIEDRICHSHAFEN  ZFF.UL   
    The German car components maker wants to expand its 
commercial vehicle business, planning to invest about 1 billion 
euros ($1.13 billion), including the half a billion it is 
offering for Swedish brake systems maker Haldex  HLDX.ST , CEO 
Stefan Sommer tells the Handelsblatt daily. 
    Separately, ZF said it had now received all necessary 
regulatory approvals for the takeover of Haldex.  urn:newsml:reuters.com:*:nFWN1BQ0FK 
     
    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  
($1 = 0.8883 euros) 
 
 (Reporting by Emma Thomasson and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS