German stocks - Factors to watch on September 25

Pfeiffer Vacuum Technology AG

25/09/2019 05:21

BERLIN/FRANKFURT, Sept 25 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    VOLKSWAGEN  VOWG_p.DE 
    The carmaker's supervisory board is due to meet after
prosecutors indicted CEO Herbert Diess, accusing him of holding
back market-moving information on rigged emissions tests four
years ago.  urn:newsml:reuters.com:*:nL5N26F6YG
    
    DEUTSCHE BANK  DBKGn.DE 
    CEO Christian Sewing is scheduled to speak on the banking
industry's outlook.
    
    THYSSENKRUPP  TKAG.DE 
    The company said it would shortly resume talks to end the
contract of Chief Executive Guido Kerkhoff and to name
Chairwoman Martina Merz as interim CEO for not more than 12
months.  urn:newsml:reuters.com:*:nL5N26F6W5
    
    IPO
    Software company TeamViewer  1UD.DE  priced its initial
public offering at 26.25 euros per share, valuing the
connectivity specialist at 5.25 billion euros in Europe's
biggest stock market listing this year. Trading on the Frankfurt
stock exchange will begin on Wednesday.  urn:newsml:reuters.com:*:nL5N26F6YG

    AIRLINES
    Germany will guarantee a 380 million euro bridging loan for
Condor, the German airline owned by insolvent British travel
operator Thomas Cook, to enable it to continue flying and save
jobs, the economy minister said.  urn:newsml:reuters.com:*:nL5N26F6A1
    
    OSRAM  OSRn.DE 
    Bain Capital and Advent are in advanced talks about making a
new takeover bid for the lighting group, sources familiar with
the matter told Reuters.  urn:newsml:reuters.com:*:nL5N26F5QY
    
    NORMA GROUP  NOEJ.DE 
    The company has received a large order for thermal
management line systems for electric vehicles, it said.
 urn:newsml:reuters.com:*:nFWN26F06W
    
    PFEIFFER VACUUM  PV.DE 
    The company said it had lowered its guidance for sales and
EBIT margin as it was expecting a shift of orders from the
second half of 2019 to the fiscal year 2020.  urn:newsml:reuters.com:*:nASP00178Z
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.5%, S&P 500 .SPX  -0.8%, Nasdaq  .IXIC 
-1.5% at close.  .N 
    Nikkei  .N225  -0.5%, Shanghai stocks  .SSEC  -0.6%.  .T 
 .SS 
    Time: 4:21 GMT
    
    
    ECONOMY
    No major German economic data scheduled
    
    
    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))