German stocks - Factors to watch on Feb. 22
22/02/2019 05:59
BERLIN/FRANKFURT, Feb 22 (Reuters) - The following are some
of the factors that may move German stocks on Friday:
TRADE
European ministers will begin debating on Friday how and
when to start trade negotiations with the United States, aware
that U.S. President Donald Trump may impose punitive tariffs on
EU car imports if the bloc waits too long. urn:newsml:reuters.com:*:nL5N20E5SJ
BANKING
Germany's lower house of parliament approved changes to
labour laws making it easier for employers to fire high-income
workers, a measure designed to encourage London-based financial
institutions to move to Frankfurt after Brexit. urn:newsml:reuters.com:*:nL5N20G86K
VOLKSWAGEN VOWG_p.DE
The supervisory board is expected to discuss the 2018 annual
financial statement and dividend, and give an outlook for the
current year.
BMW BMWG.DE DAIMLER DAIGn.DE
The companies are due to present plans to combine their
car-sharing businesses to compete with ride-hailing firms like
Uber in the U.S. and Didi Chuxing in China.
BAYER BAYGn.DE
DowDuPont DWDP.N said it won the final international
regulatory approval needed for a global launch of a new line of
genetically engineered soybeans that will eventually shake up
the $40 billion U.S. soybean market - half of which is
controlled by Bayer's Xtend brand. urn:newsml:reuters.com:*:nL1N20G1KD
RWE RWEG.DE
CEO Rolf Martin Schmitz said RWE was ready to sue the German
government for compensation for the planned phase-out of
coal-fired power plants, adding that one gigawatt of their
capacity would equal costs of 1.2 billion to 1.5 billion euros,
Focus magazine reported.
PUMA PUMG.DE
Puma is launching a joint collection with Porsche Design,
the fashion and accessories brand owned by the car company,
tapping into demand for premium products just as luxury labels
are moving into the market for sportswear. urn:newsml:reuters.com:*:nL5N20G8JN
WIRECARD WDIG.DE
The chief executive said business was strong despite
allegations of accounting tricks that have hit its shares,
according to an interview on Friday in the Frankfurter
Allgemeine Zeitung. urn:newsml:reuters.com:*:nF9N1W000P
DR. HOENLE HNLG.DE
Q1 results due
RHOEN KLINIKUM RHKG.DE
Preliminary 2018 results due
ANALYSTS' VIEWS
HEIDELBERGCEMENT AG HEIG.DE - CFRA raises to "buy" from
"hold"
INFINEON TECHNOLOGIES IFXGn.DE - Cowen & Company starts
with "outperform" rating
OVERSEAS STOCK MARKETS
Dow Jones .DJI -0.4 pct, S&P 500 .SPX -0.4 pct, Nasdaq
.IXIC -0.4 pct at close. .N
Nikkei .N225 -0.2 pct, Shanghai stocks .SSEC +0.6 pct.
.T .SS
Time: 5:54 GMT.
GERMAN ECONOMIC DATA
* Detailed Q4 GDP due at 0700 GMT. Seen flat q/q, +0.9 y/y.
* Ifo business climate index for February due at 0900 GMT.
Business climate seen at 99.0, current conditions at 103.9,
expectations at 94.2.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
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(Reporting by Berlin Speed Desk and Frankfurt Newsroom)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))