German stocks - Factors to watch on December 8

ProCredit Holding AG

08/12/2021 05:53

BERLIN/FRANKFURT, Dec 8 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
    
    CORONAVIRUS
    Germany reported 69,601 new infections and 527 more deaths.

    BioNTech  22UAy.DE 
    The Omicron variant of the coronavirus can partially evade
the protection from two doses of Pfizer Inc  PFE.N  and partner
BioNTech's COVID-19 vaccine, the research head of a laboratory
at the Africa Health Research Institute in South Africa said on
Tuesday.  urn:newsml:reuters.com:*:nL4N2SS3RZ
    The German state of Saxony, among the hardest hit by surging
COVID-19 infections, will start vaccinating at-risk children
under 12 years of age from Wednesday, even though the approved
paediatric shot will not be available before next week.
 urn:newsml:reuters.com:*:nL8N2SS4S4
    
    HELLOFRESH  HFGG.DE 
    Hellofresh said it expects an adjusted EBITDA between
500-580 million euros and revenue growth on a constant currency
basis between 20% and 26% in 2022.  urn:newsml:reuters.com:*:nASN001Z1Y
    
    HORNBACH HOLDING  HBH.DE , HORNBACH BAUMARKT  HBMG.DE 
    Hornbach Holding and Hornbach Baumarkt reported preliminary
third-quarter results.  urn:newsml:reuters.com:*:nASN001Z1Z  urn:newsml:reuters.com:*:nL8N2SS5SO
    
    TUI AG  TUIGn.DE 
    Full-year results due.
    
    ANNUAL GENERAL MEETINGS
    Deutsche Industrie REIT-AG  JB7.DE  - 0.24 eur/shr dividend
proposed
    ProCredit Holding AG & Co. KGaA  PCZ.DE  - 0.53 eur/shr
dividend proposed
        
    ANALYSTS' VIEWS
    INFINEON TECHNOLOGIES AG  IFXGn.DE : JP MORGAN CUTS TO
NEUTRAL FROM OVERWEIGHT
SIEMENS ENERGY AG  ENR1n.DE : CREDIT SUISSE ASSUMES COVERAGE
WITH OUTPERFORM RATING AND TARGET PRICE OF EUR 30
KNORR BREMSE AG  KBX.DE : CREDIT SUISSE ASSUMES COVERAGE WITH
UNDERPERFORM RATING AND TARGET PRICE OF EUR 9

    OVERSEAS STOCK MARKETS  
    S&P 500 .SPX  +2.1%, Nasdaq  .IXIC  +3.0% at close.  .N 
    Nikkei  .N225  +1.3%, Shanghai stocks  .SSEC  +0.8%.  .T 
 .SS 
    Time: 5:50 GMT
    
    ECONOMY
    No major German economic data scheduled.
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))