German stocks - Factors to watch on August 28

Petro Welt Technologies AG

28/08/2014 07:28

BERLIN/FRANKFURT, Aug 28 (Reuters) - The DAX top-30 index 
 .GDAXI  looked set to open 0.1 percent lower on Thursday, 
according to premarket data from brokerage Lang & Schwarz at 
0619 GMT. 
    The following are some of the factors that may move German 
stocks: 
     
    LUFTHANSA  LHAG.DE  
    Indicated unchanged 
    Pilots at Lufthansa's low-cost carrier Germanwings are to go 
on strike for six hours from 0400 GMT on Friday, labour union 
Vereinigung Cockpit (VC) said in a statement on Thursday. Talks 
between the two parties are scheduled for later on Thursday. 
 ID:nL5N0QY0AH  
    Related news  LHAG.DE-E  
     
    THYSSENKRUPP  TKAG.DE  
    Indicated 0.1 percent lower 
    The United States will not go ahead with planned import 
duties on specialized steel from Japan, Germany and Poland after 
the U.S. International Trade Commission found the imports were 
not harming local industry.  ID:nL1N0QX1IO  
    Related news  TKAG.DE-E  
     
    FIELMANN  FIEG.DE  
    Indicated 0.6 percent higher 
    The German opticians and spectacles retailer said its net 
profit rose 4.9 percent to 33.8 million euros and affirmed its 
outlook for an increase in sales and profits this year. 
 ID:nWEA00ERK  
    Related news  FIEG.DE-E  
     
    STRATEC BIOMEDICAL  SBSG.DE  
    Indicated unchanged 
    The laboratory equipment supplier has the financial 
firepower to make acquisitions, Chief Executive Marcus Wolfinger 
told Boersen-Zeitung in an interview, but said nothing concrete 
was planned at the moment. 
    Related news  SBSG.DE-E  
     
    CAT OIL  O2C.DE  
    Indicated 1.7 percent higher 
    The company reported a 19 percent gain in second-quarter 
earnings before interest, tax, depreciation and amortisation 
(EBITDA) and said it had determined its business was unaffected 
by sanctions on the Russian oil sector.  ID:nWEA00ERH  
    Related news  O2C.DE-E  
     
    ANNUAL GENERAL MEETINGS 
    GESCO  GSC1n.DE  - 2.20 eur/shr dividend proposed 
     
    ANALYSTS' VIEWS 
    DRAEGERWERK  DRWG.DE  - Berenberg raises the stock to "buy" 
from "hold", cuts its price target to 83 euros from 85 euros. 
     
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  +0.1 pct, S&P 500  .SPX  +0.01 pct, Nasdaq 
 .IXIC  -0.02 pct at Wednesday's close.  ID:nL1N0QX2BR  
    Nikkei  .N225  -0.5 pct at Thursday's close.  ID:nL3N0QY282  
     
    ZALANDO  IPO-ZLDO.F  
    Zalando, Europe's biggest online fashion retailer, reported 
first-half sales rose 29.5 percent and it made its first-ever 
profit, laying the groundwork for an expected imminent initial 
public offering.  ID:nF9N0NY07K  
    Related news  DE-IPO-E  
     
    GERMAN ECONOMIC DATA 
    German August unemployment figures due at 0755 GMT. 
Seasonally adjusted jobless figure seen -5,000, jobless rate 
seen unchanged at 6.7 percent. Non-seasonally adjusted total 
jobless number seen at 2.9 million. 
    The Federal Statistics Office said the number of people 
employed across Germany rose by 46,000 in July.  ID:nB4N0QD012  
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.7586 euro) 
 
 (Reporting by Victoria Bryan and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY MARKETS STOCKS