German stocks - Factors to watch on February 20

Pfeiffer Vacuum Technology AG

20/02/2020 05:15

BERLIN/FRANKFURT, Feb 19 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
    
    CORONAVIRUS
    China reported a dramatic drop in new coronavirus infections
although scientists warned the flu-like pathogen may spread even
more easily than previously believed, while more passengers
disembarked a quarantined cruise ship off Japan.  urn:newsml:reuters.com:*:nL4N2AK0W3
    Financial leaders of the world's 20 largest economies (G20)
expect a modest pickup of global growth this year and next, but
see the coronavirus epidemic as a downside risk, a draft
communique prepared for the meeting on Feb. 22-23 said.
 urn:newsml:reuters.com:*:nL8N2AJ3M8
    A planned EU-China investment agreement looks unlikely to be
struck by September as planned because of the coronavirus
outbreak, European Union trade chief Phil Hogan said, while also
casting doubt on deals with other Asian countries.  urn:newsml:reuters.com:*:nL8N2AJ5N7
    
    
    COVESTRO  1COV.DE 
    The chemicals maker said it expected to lose 50% of its
February sales in China over the prolonged Chinese New Year
holiday season.  urn:newsml:reuters.com:*:nFWN2AJ0XD
    
    FRESENIUS  FREG.DE 
    2019 results due. Net profit seen at 1.88 billion euros.
Poll:  urn:newsml:reuters.com:*:nL8N2AI1GS
    
    FRESENIUS MEDICAL CARE  FMEG.DE 
    The company said quarterly adjusted operating income edged
3% higher as growth in dialysis services and products was partly
offset by a negative adjustment for accounts receivable in a
legal dispute in North America.  urn:newsml:reuters.com:*:nL8N2AJ6NB
    
    MTU AERO ENGINES  MTXGn.DE 
    2019 results due. Net profit seen at 528 million euros.
Poll:  urn:newsml:reuters.com:*:nL8N2AI132
    
    AIRBUS  AIRG.DE 
    The defence business of Airbus laid out plans to cut more
than 2,300 jobs, including 829 in Germany, citing a flat space
market and postponed defence contracts.  urn:newsml:reuters.com:*:nL8N2AJ517
    Additionally, debt-laden HNA Group has restructured jet
orders with Airbus in a compromise deal that includes an order
for dozens of A330neo jets, two people familiar with the matter
said, amid reports of a wider shake-up at the Chinese
conglomerate.  urn:newsml:reuters.com:*:nL8N2AJ6MG
    
    FUCHS PETROLUB  FPEG_p.DE 
    2019 results due. Net profit seen at 229 million euros.
Poll:  urn:newsml:reuters.com:*:nL8N2AI1FI
    
    PFEIFFER VACUUM  PV.DE 
    2019 preliminary results due
    
    QIAGEN  QIA.DE 
    The company announced that Nigeria published guidelines
recommending one of its blood tests for screening for latent
tuberculosis infection.  urn:newsml:reuters.com:*:nBw7pwPdXa
    
    
    ADVA OPTICAL NETWORKING  ADAG.DE 
    Detailed 2019 results due. The company on Tuesday already
reported a Q4 operating income of 10.3 million euros on revenues
of 151.1 million euros and warned of delivery shortages over
China's coronavirus outbreak.  urn:newsml:reuters.com:*:nEQ4r4PK2a
    
    INDUS HOLDING  INHG.DE 
    Preliminary 2019 results due
    
    INSTONE REAL ESTATE  INS2.DE 
    The company said its 2019 adjusted group EBIT was expected
to come in at 128-130 million euros and adjusted revenues at
733-738 million euros.  urn:newsml:reuters.com:*:nEQbhgpyVa
    
    KRONES  KRNG.DE 
    Preliminary 2019 results due
    
    
    ANNUAL GENERAL MEETINGS
    INFINEON TECHNOLOGIES  IFXGn.DE  - 0.27 eur/shr dividend
proposed
    DEUTSCHE BETEILIGUNGS AG  DBANn.DE  - 1.50 eur/shr dividend
proposed
      
      
    EX-DIVIDEND 
    BERTRANDT  BDTG.DE  - 1.60 eur/shr dividend
        
    
    ANALYSTS' VIEWS 
     K+S  SDFGn.DE  - Credit Suisse cuts to underperform from
neutral
     
       
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.4%, S&P 500 .SPX  +0.5%, Nasdaq  .IXIC 
+0.9% at close.  .N 
    Nikkei  .N225  +0.3%, Shanghai stocks  .SSEC  +0.5%.  .T 
 .SS 
    Time: 5:15 GMT
    
    
    ECONOMY
    * German March GfK consumer sentiment due at 0700 GMT. Seen
at 9.8
    * German January producer prices due at 0700 GMT. Seen +0.2%
m/m, -0.4% y/y
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))