German stocks - Factors to watch on November 9
09/11/2015 06:12
FRANKFURT, Nov 9 (Reuters) - The following are some of the
factors that may move German stocks on Monday:
CHINA
China's trade figures disappointed analyst expectations by a
wide margin in October, reinforcing views that the world's
second-largest economy will have to do more to stimulate
domestic demand given softness in overseas markets. urn:newsml:reuters.com:*:nL3N12Z2MT
VOLKSWAGEN VOWG_p.DE
Several Volkswagen engineers have admitted manipulating
carbon dioxide emissions data because goals set by former Chief
Executive Martin Winterkorn were difficult to achieve, Bild am
Sonntag reported. urn:newsml:reuters.com:*:nL8N1330G5
Company managers are worried about travelling to the United
States because U.S. investigators have confiscated the passport
of a VW employee who is there on a visit, Sueddeutsche Zeitung
reported on Saturday. urn:newsml:reuters.com:*:nL8N1320G5
COMMERZBANK CBKG.DE
The head of the banks' Private Customers unit, Martin
Zielke, told Sueddeutschen Zeitung that online payment service
Paydirekt, Germany's banks' answer to Paypal, would likely win
at least 250,000 registered users within the first few months of
its launch.
CONTINENTAL CONG.DE
Continental slightly raised its full-year profit outlook
after posting higher third-quarter earnings on growing car sales
in Europe and North America. urn:newsml:reuters.com:*:nF9N12L01F
LUFTHANSA LHAG.DE
Lufthansa's cabin crew union UFO will resume its strike on
Monday after a one-day pause, grounding flights at three of the
German airline's major airports for almost the entire day,
affecting 929 flights and 113,000 passengers. urn:newsml:reuters.com:*:nL8N1330P4
RWE RWEG.DE
The municipal utility of the city of Dortmund, which holds 4
percent in RWE, told daily Westdeutsche Allgemeine Zeitung it
was bracing for a cut in RWE's dividend to 0.85 euros.
AIRBUS AIRG.DE
Airbus AIR.PA expects to sell more A380 superjumbos this
year, but a potential deal may not be finalized until early
2016, the planemaker's chief executive said on Sunday.
urn:newsml:reuters.com:*:nL8N1330V1
ELRINGKLINGER ZILGn.DE
Q3 results due. EBIT seen down 25.5 percent at 30.7 million
euros. urn:newsml:reuters.com:*:nL8N1305BE
KABEL DEUTSCHLAND KD8Gn.DE
Q3 results due.
WINCOR NIXDORF WING.DE
Q4 results due. EBITDA loss seen at 19.3 million euros.
urn:newsml:reuters.com:*:nL8N12Y2NO
MANZ M5ZG.DE
Q3 results due.
QSC QSCG.DE
Q3 results due. EBITDA seen up 30 percent at 11.4 million
euros. Poll: urn:newsml:reuters.com:*:nL8N1313Q7
TUI AG TUIT.L
The tour operator is working with Deutsche Bank and Bank of
America to prepare the sale of its online hotel booking business
Hotelbeds Group in a potential 1 billion euro deal, Bloomberg
cited people familiar with the matter as saying late on Friday.
IPO
Meal delivery firm HelloFresh puts its listing plans on
hold, two people familiar with the matter told Reuters.
urn:newsml:reuters.com:*:nL8N1330QC
ANALYSTS' VIEWS
OSRAM LICHT AG OSRn.DE - HSBC resumes with "hold", 56 euro
target price
RHEINMETALL RHMG.DE - HSBC cuts to "hold" from "buy"
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.3, S&P 500 .SPX -0.7 pct, Nasdaq
.IXIC +0.4 pct at Friday's close. .N
Nikkei .N225 +1.9 pct, Shanghai stocks .SSEC +2.2 pct.
Time: 5.58 GMT. .T .SS.
GERMAN ECONOMIC DATA
German September trade balance due at 0700 GMT. Seen at 20.0
bln euros, with exports seen +2.1% m/m, imports +0.9% m/m.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Ludwig Burger and Maria Sheahan)
((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270))
Keywords: GERMANY STOCKS/FACTORS