German stocks - Factors to watch on November 10

Petro Welt Technologies AG

10/11/2014 07:28

FRANKFURT, Nov 10 (Reuters) - The DAX top-30 index  .GDAXI  
looked set to open 0.1 percent lower on Monday, according to 
premarket data from brokerage Lang & Schwarz at 0724 GMT. 
    The following are some of the factors that may move German 
stocks: 
     
    ALLIANZ  ALVG.DE  
    Indicated 0.8 percent higher 
    Pimco has created a 225 million-euro ($279.75 mln) award 
program to retain top talent after the surprise departure of 
co-founder and Chief Investment Officer Bill Gross, Allianz SE 
said on Friday. [ID: nL1N0SX2D3] 
    Related news  ALVG.DE-E  
     
    DEUTSCHE BANK  DBKGn.DE  
    Indicated 0.1 percent higher 
    Co-head of corporate banking and securities, and head of 
corporate finance, Robert Rankin is set to join Australia-based 
investment holding company Consolidated Press Holdings Ltd as 
chief executive in January 2015.  ID:nL4N0SX7VM  
    Related news  DBKGn.DE-E  
     
    SIEMENS  SIEGn.DE   
    Indicated 0.6 percent lower 
    Siemens has agreed to keep its healthcare unit as a "part of 
its long-term, strategic core portfolio" and must strive for 
majority ownership even if the unit is listed on the stock 
market, according to trade union IG Metall.  ID:nL6N0SZ0G2  
    Related news  SIEGn.DE-E  
     
    VOLKSWAGEN  VOWG_p.DE  
    Indicated 0.2 percent higher 
    Volkswagen's Italian supercar maker Lamborghini has more 
than 3,000 orders for its Huracan model, more than for any other 
model until now, Lamborghini CEO Stephan Winkelmann told 
Handelsblatt. He said revenues this year would rise more than 20 
percent, as would the number of cars delivered. 
    Related news  VOWG_p.DE-E   
     
    BILFINGER  GBFG.DE   
    Indicated 0.3 percent higher 
    Bilfinger will jettison board member Joachim Enenkel shortly 
after Eckhard Cordes joins the supervisory board in the coming 
weeks, WirtschaftsWoche reported on Saturday. Bilfinger was not 
available to comment. 
    Related news  GBFG.DE-E  
     
    KABEL DEUTSCHLAND  KD8Gn.DE   
    Indicated 0.6 percent higher 
    The cable operator reported a 4.9 percent gain in 
second-quarter earnings before interest, tax, depreciation and 
amortisation (EBITDA) to 244 million euros.  ID:nFWN0T000S  
    Separately, the Financial Times reported that Elliott has 
claimed that Vodafone  VOD.L  may have to pay out 8 billion 
euros in compensation for undervaluing its stake in Kabel 
Deutschland.  ID:nL3N0SZ0M0  
    Related news  KD8Gn.DE-E  
     
    SKY DEUTSCHLAND  SKYDn.DE  
    Indicated 0.1 percent higher 
    Exchange operator Deutsche Boerse said late on Friday that 
it was decreasing the pay-TV company's free float to 12.55 
percent from 33.12 percent, effective Nov. 12, due to the 
takeover by BSkyB  BSY.L . 
    Related news  SKYDn.DE-E  
     
    WINCOR NIXDORF  WING.DE   
    Indicated 0.2 percent higher 
    Q4 results due. The ATM maker's earnings before interest, 
tax and amortisation (EBITA) are seen up 57 percent at 62.7 
million euros. Poll:  ID:nL6N0ST363  
    Related news  WING.DE-E  
     
    QSC  QSCG.DE  
    Indicated 3.1 percent higher 
    The internet service company reported third-quarter EBITDA 
fell by more than half to 8.8 million euros and affirmed its 
2014 forecasts, which it had cut for a second time in just over 
two months in October.  ID:nASN0005EN  
    Related news  QSCG.DE-E  
 
    TELEFONICA DEUTSCHLAND  O2Dn.DE  
    Up 0.2 percent in early Frankfurt trade 
    The telecoms operator reported a 15-percent drop in 
quarterly core earnings as it increased spending on marketing to 
lure subscribers in a highly competitive German mobile phone 
market.  ID:nL6N0T00S0  
    Related news  O2Dn.DE-E  
     
    BIOTEST  BIOG.DE   
    Indicated 2.7 percent higher 
    The company said preliminary data of its Phase III study of 
Civacir showed prevention of re-infection with hepatitis C after 
a liver transplant.  ID:nASN0005EL  
    Related news  BIOG.DE-E  
     
    CAT OIL  O2C.DE  
    Indicated 2.7 percent higher 
    Joma Industrial Source Corp, the British Virgin 
Islands-based takeover vehicle of oil industry veteran Maurice 
Dijols, will offer 15.23 euros per share for CAT Oil, it said on 
Friday.  ID:nASM0007YY  
    Related news  O2C.DE-E  
 
    ZOOPLUS  ZO1G.DE   
    Indicated 0.4 percent higher 
    The online pet supply firm aims to lift its pretax margin to 
5 percent by 2020 across the group. Only the German division has 
reached that level of profitability now while the margin is 0.9 
percent elsewhere, newspaper Boersen-Zeitung said on Saturday. 
    Related news  ZO1G.DE-E  
     
    AIR BERLIN  AB1.DE   
    No indication available 
    Future CEO Stefan Pichler, who takes office on Feb. 1, will 
review strategy and preserve as many jobs as possible and will 
aim for a corporate culture that sees "clear responsibility for 
results at every level", magazine Spiegel reported on Sunday. 
    Related news  AB1.DE-E  
            
    ANALYSTS' VIEWS  
    ZALANDO  ZALG.DE  - Goldman Sachs starts the stock with a 
"buy" recommendation and a 24.20 euro price target. Jefferies 
starts it with "buy" and a 21.50 euro target, Morgan Stanley 
with "overweight" and a 21.30 euro target. Stifel starts Zalando 
with "hold". 
         
    IPO 
    Ferratum Oyj which specialises in consumer lending via 
mobile phones, is planning to float its shares on the Frankfurt 
stock exchange via a public share offer, the company said on 
Friday.  ID:nL6N0SX4XT  
    Related news  IPO-DE-E  
     
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  +0.1 pct, S&P 500  .SPX  unchanged, Nasdaq 
 .IXIC  -0.1 pct at Friday's close.  ID:nL1N0SX2T1  
    Nikkei  .N225  -0.6 pct at Monday's close.  ID:nL3N0T0374  
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
($1 = 0.8070 euro) 
 
 (Reporting by Harro ten Wolde, Thomas Atkins and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY MARKETS STOCKS