German stocks - Factors to watch on May 23

Pfeiffer Vacuum Technology AG

23/05/2019 06:06

BERLIN/FRANKFURT, May 23 (Reuters) - The following are some
of the factors that may move German stocks on Thursday:
        
    ALLIANZ  ALVG.DE  
    Company has led a C$100 million ($74.55 million) capital
raise for Canadian financial technology company Wealthsimple
which manages around $4.5 billion in assets for clients in
Canada, Britain and the United States.  urn:newsml:reuters.com:*:nL5N22X5B0    
    
    BAYER  BAYGn.DE  
    A U.S. judge on Wednesday appointed prominent attorney
Kenneth Feinberg as mediator for court-mandated settlement talks
in the federal litigation over allegations that Bayer unit
Monsanto's glyphosate-based Roundup weed killer caused cancer, a
claim the German company disputes.   urn:newsml:reuters.com:*:nL2N22Y125
    
    DEUTSCHE BANK  DBKGn.DE  
    The lender's annual general meeting promises to be
challenging after two influential investor advisory groups
recommended a vote of no confidence in Deutsche's management and
major investors are demanding a succession plan for chairman
Paul Achleitner.  urn:newsml:reuters.com:*:nL5N22X1R8
    Separately, U.S. President Donald Trump, three of his
children and the Trump Organization on Wednesday lost their bid
to block Deutsche Bank as well as Capital One Financial Corp
 COF.N  from providing financial records to Democratic lawmakers
investigating Trump's businesses. 
    Deutsche Bank has long been a principal lender for Trump's
real estate business and a 2017 disclosure form showed that
Trump had at least $130 million of liabilities to the bank. It
said it would abide by the court order to provide Trump's
financial records to lawmakers.  urn:newsml:reuters.com:*:nL2N22Y0VY
    
    VOLKSWAGEN  VOWG_p.DE  
    U.S. union United Auto Workers said it filed a new petition
for a union election at Volkswagen AG's Chattanooga, Tennessee
plant, after the U.S. agency in charge of enforcing labour law
dismissed a previous one.  urn:newsml:reuters.com:*:nL4N22Y49Y

    CTS EVENTIM  EVDG.DE  
    Q1 results due. 
    
    ANNUAL GENERAL MEETINGS
    DEUTSCHE BANK  DBKGn.DE  - 0.11 eur/shr dividend proposed
    LANXESS  LXSG.DE  - 0.90 eur/shr dividend proposed
    AUDI  NSUG.DE  - 4.80 eur/shr dividend proposed
    SALZGITTER  SZGG.DE  - 0.55 eur/shr dividend proposed
    UNITED INTERNET  UTDI.DE  - 0.11 eur/shr dividend proposed
    WACKER CHEMIE  WCHG.DE  - 2.50 eur/shr dividend proposed
    PFEIFFER VACUUM  PV.DE  - 2.30 eur/shr dividend proposed  
        
    EX-DIVIDEND 
    DAIMLER  DAIGn.DE  - 2.86 euros/shr dividend
    AAREAL BANK  ARLG.DE  - 2.10 euros/shr dividend
    ALSTRIA OFFICE REIT  AOXG.DE  - 0.52 euros/shr dividend
    COMMERZBANK  CBKG.DE  - 0.20 euros/shr dividend
    SYMRISE  SY1G.DE  - 0.90 euros/shr dividend
    UNIPER  UN01.DE  - 0.90 euros/shr dividend 
    KOENIG & BAUER  SKBG.DE  - 1.00 euros/shr dividend 
    PATRIZIA IMMOBILIEN  PATGn.DE  - 0.27 euros/shr dividend
    VOSSLOH  VOSG.DE  - 1.00 euros/shr dividend
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.4 pct, S&P 500 .SPX  -0.3 pct, Nasdaq
 .IXIC  -0.5 pct at close.  .N 
    Nikkei  .N225  -0.7 pct, Shanghai stocks  .SSEC  -0.8 pct.
 .T   .SS 
    Time: 5:05 GMT. 
    
    GERMAN ECONOMIC DATA
    *German Ifo business climate for May due at 0800 GMT.
Business climate seen at 99.1, current conditions at 103.5,
expectations at 95.0 points. 
    *German detailed gross domestic product in the first quarter
due at 0600 GMT. Seasonally-adjusted growth seen at 0.4%
quarter-to-quarter and at 0.7% year-on-year, while unadjusted
growth is seen at 0.6% year-on-year. 
    *Markit flash PMI for May due at 0730 GMT. Manufacturing
index seen at 44.8, services index seen at 55.5, composite index
seen at 52.0 points.  
    
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

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