German stocks - Factors to watch on June 19

PharmaSGP Holding SE

19/06/2020 05:27

BERLIN/FRANKFURT, June 19(Reuters) - The following are some
of the factors that may move German stocks on Friday:
    
    CORONAVIRUS
    Asian shares and U.S. stock futures wobbled in choppy trade
as lingering concerns about an fresh spike in coronavirus cases
offset growing hopes for a quick economic recovery.  urn:newsml:reuters.com:*:nL4N2DW02T
    The European Commission is in advanced talks with
pharmaceuticals giant Johnson & Johnson to reserve or make an
up-front purchase of its COVID-19 vaccine under development, two
officials familiar with the talks told Reuters. urn:newsml:reuters.com:*:nL8N2DV5IR
    German reported https://bit.ly/3dgJLrQ 770 new cases and 16
more deaths. 
        
    
    LUFTHANSA  LHAG.DE  KNORR BREMSE  KBX.DE  
    The airline's biggest shareholder, billionaire Heinz Hermann
Thiele, has reached out to Berlin politicians for talks,
Handelsblatt said, the latest step in a standoff over the
airline's 9 billion euro bailout.  urn:newsml:reuters.com:*:nL8N2DV6AG
    Thiele, who has amassed a 15% Lufthansa stake, is also
selling down 760 million euros worth of shares in rail and
commercial vehicle supplier Knorr-Bremse  urn:newsml:reuters.com:*:nFWN2DV0SP
    
    WIRECARD  WDIG.DE  
    Wirecard appointed James Freis as management board member
for compliance, replacing board member Jan Marsalek with
immediate effect.  urn:newsml:reuters.com:*:nL8N2DV2CN
    The company said it may be the victim of "fraud of
considerable proportions", after its auditor refused to sign off
its 2019 accounts over a missing $2.1 billion.  urn:newsml:reuters.com:*:nL8N2DW00K
    
    E.ON  EONGn.DE 
    The group's Innogy unit said it is selling a wood pellet
plant in the U.S. for $175 million.  urn:newsml:reuters.com:*:nNDL6dbqtC
    
    
    TUI  TUIGn.DE  
    The tour operator's TUIfly airline unit said it will halve
the size of its aircraft fleet as part of a restructuring, which
has been accelerated by the coronavirus crisis, confirming an
earlier Reuters report.  urn:newsml:reuters.com:*:nL8N2DV65T
    
    
    CUREVAC
    German billionaire and CureVac investor Dietmar Hopp told
Mannheimer Morgen newspaper that the country lacked functioning
capital markets and an ecosystem that nurtures biotech
companies.
    CureVac is working with Bank of America and Jefferies
Financial on its U.S. initial public offering, Bloomberg
reported.  urn:newsml:reuters.com:*:nL4N2DV4QH
    
    IPO
    PharmaSGP  PSGG.DE  announced its offer price is 31.50 euros
per share and will likely begin trading on Friday.  urn:newsml:reuters.com:*:nFWN2DV0Z9
    
    
    ANNUAL GENERAL MEETINGS
    DEUTSCHE TELEKOM  DTEGn.DE  - 0.60 eur/shr dividend proposed
    NEMETSCHEK  NEKG.DE  - 0.28 eur/shr dividend proposed
    CTS EVENTIM  EVDG.DE  - no dividend proposed
    ZEAL NETWORK  TIMAn.DE  - 0.80 eur/shr dividend proposed
        
    
    EX-DIVIDEND
    BASF  BASFn.DE  - 3.30 euros/shr dividend
    SCOUT24  G24n.DE  - 0.91 euros/shr dividend
    BEFESA  BFSA.DE  - 0.44 euros/shr dividend
        
    
    ANALYSTS' VIEWS 
    DEUTSCHE POST  DPWGn.DE  - Credit Suisse raises to 'neutral'
from 'underperform'
    
    
    ECONOMY
    German May producer prices due at about 0600 GMT. Seen -0.3
m/m, -2.1 y/y
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
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