German stocks - Factors to watch on August 11

Petro Welt Technologies AG

11/08/2014 07:43

FRANKFURT, Aug 11 (Reuters) - The DAX top-30 index  .GDAXI  
looked set to open 1.1 percent higher on Monday, according to 
premarket data from brokerage Lang & Schwarz at 0634 GMT. 
    The following are some of the factors that may move German 
stocks: 
 
    BAYER  BAYGn.DE  
    Indicated 1.3 percent higher 
    The pharmaceutical company said its Eylea treatment had 
received European Union approval to treat diabetic macular edema 
and said it planned an immediate roll-out, with Germany being 
one of the first launch countries in Europe. 
    Related news  BAYGn.DE-E  
     
    E.ON  EONGn.DE  
    Indicated 0.9 percent higher 
    Several Italian utilities and private equity groups are 
expected to hand in tentative offers worth about 2 billion euros 
($2.7 billion) for E.ON's Italian unit early next week, people 
familiar with the matter told Reuters.  ID:nL6N0QE2XA  
    Related news  EONGn.DE-E  
     
    LUFTHANSA  LHAG.DE   
    Indicated 1.6 percent higher 
    Pilots' union VC is planning to host staff meetings on 
Monday to discuss Lufthansa's budget strategy, which according 
to VC breaks labour contracts, Der Spiegel reported. 
    July traffic figures due at 1100 GMT. 
    Related news  LHAG.DE-E  
 
    THYSSENKRUPP  TKAG.DE   
    Indicated 1.3 percent higher 
    Cevian is planning to ask shareholders at the ThyssenKrupp's 
next annual meeting to appoint a representative of the activist 
investor to the board of the German steelmaker, Wirtschaftswoche 
reported citing sources close to the board.  
    Related news  TKAG.DE-E  
         
    VOLKSWAGEN  VOWG_p.DE  
    Indicated 1.5 percent higher 
    The car maker said on Saturday it is recalling 189,490 
Tiguan small sport utility vehicles in North America for 
potential stalling issues.  ID:nL2N0QF0CW  
    Related news  VOWG_p.DE-E  
     
    BILFINGER  GBFG.DE  
    Indicated 2.1 percent higher 
    Bilfinger reported a 30 percent drop in quarterly underlying 
operating profit as a muted investment climate in the energy 
sector prompted customers to scrap projects.  ID:nL6N0QH0GM  
    Related news  GBFG.DE-E  
     
    DUERR  DUEG.DE , DEUTSCHE BETEILIGUNGS AG  DBANn.DE  
    Duerr indicated 1.2 percent higher 
    No indication for Deutsche Beteiligungs AG available 
    Duerr said on Monday it would merge its aircraft assembly 
technology business with Broetje-Automation Group, owned by 
Deutsche Beteiligungs AG, in exchange for an 11 percent stake in 
Broetje and cash.  ID:nWEB00RAW  
    Related news  DUEG.DE-E  
     
    OSRAM  OSRn.DE  
    No indication available 
    The lighting company published its full Q3 financial report 
on its website. It already reported quarterly results on July 
30.  ID:nL6N0Q52F9  
    Related news  OSRn.DE-E  
     
    QSC  QSCG.DE   
    Indicated 2.9 percent lower 
    The internet service company toned down its 2014 sales and 
operating profit outlook on Monday and announced plans for a 
savings programme as it reported a bigger-than-expected decline 
in quarterly earnings.  ID:nASN0004EE  
    Related news  QSCG.DE-E  
     
    CAT OIL  02C.DE  
    Indicated 8.4 percent higher 
    The company said it was confident it would reach its 2014 
targets despite EU and U.S. sanctions on Russia's oil sector. 
 ID:nWEB00RA9  
    Related news  02C.DE-E  
 
    JUNGHEINRICH  JUNG_p.DE  
    Indicated 3 percent higher 
    The forklift truck maker affirmed its 2014 outlook after 
reporting second-quarter earnings that were broadly in line with 
analyst expectations.  ID:nWEB00RAN  
    Related news  JUNG_p.DE-E  
 
    PUMA  PUMG.DE , BVB  BVB.DE   
    Puma indicated 1 percent higher 
    No indication for BVB available 
    The CEO of the sports shoe maker told Wirtschaftswoche that 
it is 'conceivable' that Puma will take a stake in German soccer 
club BVB  BVB.DE .  
    Related news  PUMG.DE-E  
         
    SCHALTBAU  SLTG.DE  
    Indicated 0.3 percent higher 
    Full Q2 results due. The supplier for transportation 
technology and industrial applications already reported key 
figures on July 24, saying it posted a first-half net profit of 
18 million euros.  ID:nWEB00Q8W  
    Related news  SLTG.DE-E  
     
    TAKKT  TTKG.DE  
    Indicated 0.9 percent higher 
    The mail order group wants to grow via acquisitions and has 
100-150 million euros in unused credit lines for that, CFO 
Claude Tomaszewski told Börsen-Zeitung (Saturday). 
    Related news  TTKG.DE-E  
     
    ANALYSTS' VIEWS 
    FRESENIUS MEDICAL CARE  FMEG.DE  - Societe Generale raises 
the stock to "buy" from "hold", lifts its target price to 70 
euros from 50 euros. Credit Suisse raises its target price to 59 
euros from 56 euros, with an "outperform" rating. 
    VOLKSWAGEN  VOWG_p.DE  - Goldman Sachs cuts to 'sell' from 
'neutral', cuts target price to 179 euros from 215 euros.   
     
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  +1.1 pct, S&P 500  .SPX  +1.1 pct, Nasdaq 
 .IXIC  +0.8 pct at Friday's close.  ID:nL2N0QE27Z  
    Nikkei  .N225  +2.4 pct at Monday's close.  ID:nL4N0QH29H  
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.7463 euro) 
 
 (Reporting by Arno Schuetze and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY MARKETS STOCKS