German stocks - Factors to watch on August 14
14/08/2017 05:54
FRANKFURT, Aug 14 (Reuters) - The following are some of the
factors that may move German stocks on Monday:
AUTOS BMWG.DE , DAIGn.DE , VOWG_p.DE>
German politicians and car company bosses will hold a second
diesel summit after they agreed at a first meeting to overhaul
engine software on 5.3 million diesel cars, a government
spokesman said on Friday, though he did not name a
date. urn:newsml:reuters.com:*:nL5N1KX4O1
Chancellor Angela Merkel kicked off her re-election campaign
on Saturday with a stinging attack on German auto executives,
pressing them to innovate to secure jobs, and win back trust
lost by a diesel emissions scandal. urn:newsml:reuters.com:*:nL5N1KY0AN
Meanwhile Baden-Wuerttemberg's Green party state premier
defended diesel technology, telling the Sueddeutsche Zeitung it
was a necessary interim solution on the way to electric cars.
urn:newsml:reuters.com:*:nL5N1KY0DK
German car industry association VDA President Matthias
Wissmann told the Frankfurter Allgemeine Zeitung that trade-in
incentives being offered to owners of older diesel vehicles
should have a noticeable effect on car demand.
DAIMLER DAIGn.DE , DEUTSCHE TELEKOM DTEGn.DE
Daimler does not plan to take part in bidding to continue
running Germany's road-toll collection system when it comes up
for renewal next year, Handelsblatt reported, citing industry
and government sources. Daimler and Deutsche Telekom each own 45
percent of Toll Collect, with France's Cofiroute holding the
remaining 10 percent.
RWE RWEG.DE
Q2 results due. Operating profit seen nearly quadrupling to
530 million euros. urn:newsml:reuters.com:*:nL5N1KW61A
Separately, the mayor of Duesseldorf told WAZ the city was
holding on to its RWE stake for now.
AIRBUS AIRG.DE
Iran is holding talks with Airbus to buy 48 helicopters for
civilian use, an Iranian official was on Saturday quoted as
saying, as Iran continues its shopping spree of Western aircraft
after the lifting of sanctions. urn:newsml:reuters.com:*:nL5N1KY0DJ
BILFINGER GBFG.DE
Q2 results due. Bilfinger issued its first profit warning in
more than two years in July, blaming legacy U.S. projects that
were approved just before Chief Executive Thomas Blades took
over in July 2016. urn:newsml:reuters.com:*:nL8N1K3179
DEUTSCHE PFANDBRIEFBANK PBBG.DE
Q2 results due.
TALANX TLXGn.DE
Q2 results due. Net profit seen up 23 percent at 221 million
euros. Poll: urn:newsml:reuters.com:*:nL5N1KX1TL
ADLER REAL ESTATE ADLG.DE
Q2 results due.
BIOTEST BIOG_p.DE
Q2 results due.
HHLA HHFGn.DE
Q2 results due.
INDUS HOLDING INHG.DE
Q2 results due.
RHOEN KLINIKUM RHKG.DE
Rhoen Klinikum is likely to reach the upper end of its 2017
operating profit guidance range thanks to the resolution of a
dispute with the state of Hesse about the financing of two
privatised clinics, CEO Stephan Holzinger told Welt am Sonntag.
He reiterated full-year revenue guidance and added that the
question of taking the company private had not come up in
discussions with major shareholders nor in internal committees.
ROCKET INTERNET RKET.DE
Rocket and Kinnevik KINVb.ST will announce the sale of
Glossybox, a beauty products subscription service, to The Hut
Group this week, Sky News reported. urn:newsml:reuters.com:*:nL4N1KZ0CG
SCOUT24 G24n.DE
Financing larger acquisitions takes precedence for Scout24
over reducing debt, CFO Christian Gisy told Euro am Sonntag. He
said Scout24 was looking at unlisted companies, not start-ups
but well-established businesses like Autotrader, which it bought
last year. He added that Scout24 expected to keep a stable
number of property agents through the end of the year.
WCM WCMKk.DE
Q2 results due.
METRO B4B.DE
Metro is growing at a double-digit rate with its business
delivering directly to gastronomy customers, which already
accounts for 4 billion euros of its 30 billion turnover in
wholesaling, CEO Olaf Koch told the Frankfurter Allgemeine
Sonntagszeitung.
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.1 pct, S&P 500 .SPX +0.1 pct, Nasdaq
.IXIC +0.6 pct at close. .N
Nikkei .N225 -0.9 pct, Shanghai stocks .SSEC +0.4 pct.
Time: 4.54 GMT. .T .SS
GERMAN ECONOMIC DATA
No economic data scheduled.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
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(Reporting by Edward Taylor, Georgina Prodhan and Maria
Sheahan)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))
Keywords: GERMANY STOCKS/FACTORS