German stocks - Factors to watch on January 15

Petro Welt Technologies AG

15/01/2015 07:23

FRANKFURT, Jan 15 (Reuters) - The DAX top-30 index  .GDAXI  
looked set to open 1.1 percent higher on Thursday, according to 
premarket data from brokerage Lang & Schwarz at 0721 GMT. 
    The following are some of the factors that may move German 
stocks: 
     
    ALLIANZ  ALVG.DE  
    Indicated 0.8 percent higher 
    The Pimco Total Return Fund, one of the world's largest bond 
funds, ended December with an increase in U.S. 
government-related holdings and nearly dumped all its holdings 
of developed countries' foreign currencies-denominated 
government bonds.  ID:nL3N0UU1H1  
     
    BEIERSDORF  BEIG.DE   
    Indicated 1 percent higher 
    The maker of Nivea skin cream reported an expected rise in 
2014 sales on Thursday and confirmed its full-year profit 
target.  ID:nL6N0UU0O5  
     
    DEUTSCHE BANK  DBKGn.DE  
    Indicated 1.3 percent higher 
    An arbitration panel has denied U.S. brokerage firm 
Oppenheimer & Co's OPY.N attempt to collect more than $30 
million from Deutsche Bank AG related to the sale of 
auction-rate securities that the bank created.  ID:nL1N0UT27S  
     
    FRAPORT  FRAG.DE   
    Indicated 0.6 percent higher 
    The number of passengers at Frankfurt airport fell 2 percent 
year-on-year in December, airport operator Fraport said. 
 ID:nFWN0US02L  
         
    KION  KGX.DE  
    No indication available 
    Kion said two board members would leave the company, 
allowing it to speed up executive decision making, as the 
forklift truck maker heads towards a record result for 2014. 
 ID:nFWN0US02I  
     
    EVOTEC  EVTG.DE  
    Indicated 2.1 percent higher 
    The biotech company said it reached several small milestones 
in its TargetAD collaboration with Janssen Pharmaceuticals in 
2014.  ID:nASN00067X  
     
    INDEX CHANGES AS OF JAN. 19 
     
    SDAX  0#.SDAXI  
    IN: HELLA  HLE.DE  
    OUT: CAT OIL  O2C.DE  
     
    ANALYSTS' VIEWS  
    HANNOVER RE  HNRGn.DE  - HSBC cuts the stock to "neutral" 
from "overweight", raises its target price to 78 euros from 76 
euros. Separately, RBC lowers the stock to "underperform" from 
"sector perform". 
    SAP  SAPG.DE  - Oppenheimer raises the stock to "outperform" 
         
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  -1.1 pct, S&P 500  .SPX  0.6 pct, Nasdaq 
 .IXIC  -0.5 pct at Wednesday's close.  ID:nL1N0UT2KF  
    Nikkei  .N225  +1.9 pct at Thursday's close.  ID:nL3N0UU2OB  
     
    GERMAN ECONOMIC DATA 
    German full year GDP due at 0900 GMT. Seen +1.5 pct.  
     ECONDE   G7TODAY   
     
    DRUGS DEAL 
    German drugmaker Boehringer Ingelheim is considering the 
sale of its U.S. generics unit Roxane Labs for as much as 2 
billion euros, Bloomberg said, citing people with knowledge of 
the matter.  ID:nL3N0UT5AR  
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.8512 euros) 
 
 (Reporting by Jonathan Gould and Maria Sheahan) 
 ((kirsti.knolle@thomsonreuters.com; +49 69 7565 1262; Reuters 
Messaging: kirsti.knolle.thomsonreuters.com@reuters.net     
www.reuters.com)) 
 
Keywords: GERMANY MARKETS STOCKS