German stocks - Factors to watch on April 25
25/04/2019 06:22
BERLIN/FRANKFURT, April 25 (Reuters) - The following are
some of the factors that may move German stocks on Thursday:
BAYER BAYGn.DE
Q1 results due. Poll: urn:newsml:reuters.com:*:nL5N22649Z
Bayer late on Wednesday asked a California appellate court
to throw out a $78 million judgment it was ordered to pay to a
school groundskeeper who claimed the company's weed killers gave
him cancer. urn:newsml:reuters.com:*:nL1N226126
DEUTSCHE BANK DBKGn.DE , COMMERZBANK CBKG.DE
Merger talks between Deutsche Bank and Commerzbank have
gotten hit stumbling blocks over questions ranging from a lack
of investor support to opposition from powerful labour unions,
The Wall Street Journal said on Wednesday. urn:newsml:reuters.com:*:nFWN22616J
However, German newspaper BILD, without citing sources,
reported that the two lenders intended to inform the public on
Thursday on their possible merger plans, adding that a positive
outcome of the talks would be likely. Sources had previously
told Reuters the banks would announce their decision by Friday.
Separately, Deutsche Bank has started to hand over financial
documents related to loans made to U.S. President Donald Trump
to New York authorities, CNN reported late on Wednesday, citing
a person familiar with the matter.
THYSSENKRUPP TKAG.DE
The supervisory board plans to stress-test the viability of
Chief Executive Guido Kerkhoff's plans to break up the
steel-to-submarines conglomerate amid changed market conditions,
two people familiar with the matter told Reuters. urn:newsml:reuters.com:*:nL5N2266FI
WIRECARD WDIG.DE
Final full-year results and annual news conference due. The
digital payments company in January said Q4 EBITDA grew about 37
percent and is expected to reach a range of 740 to 800 million
euros in 2019, a guidance it reiterated in March.
Separately, Wirecard late on Wednesday said all its
subsidiaries were subject to regular audits, denying a Financial
Times report which said that the accounts of Wirecard's largest
business, Card Systems Middle East in Dubai, were not audited in
2016 and 2017. urn:newsml:reuters.com:*:nL5N22672O
DAIMLER DAIGn.DE
Daimler Trucks said in a Tweet it would manufacture medium
and heavy-duty battery-electric vehicles in the Silicon Forest
of Portland where it was renovating its plant.
PFEIFFER VACUUM TECHNOLOGY PV.DE
The company said sales and earnings before interest and
taxes (EBIT) were significantly weaker in the first quarter,
adding that a slowdown of investments in the semiconductor and
coating end markets and the growth-related increase in the cost
base had a negative impact on EBIT and margin. urn:newsml:reuters.com:*:nASP0010LV
DIALOG SEMICONDUCTOR DLGS.DE
Dialog Semiconductor on Wednesday said it expected higher
than anticipated profitability in the first quarter, adding that
it forecast revenue of approximately $295 million and operating
profit of about $25 million. urn:newsml:reuters.com:*:nFWN22613P
DELIVERY HERO DHER.DE
Company raised its revenue guidance as it reported a 93
percent revenue increase in the first quarter on Thursday,
adding that orders grew by 55 percent. urn:newsml:reuters.com:*:nASP0010M3
KION GROUP KGX.DE
The company on Thursday confirmed its 2019 outlook, saying
its revenues in the first quarter rose by 13 percent.
urn:newsml:reuters.com:*:nFWN22611T
WACKER CHEMIE WCHG.DE
Company confirms its full-year guidance as it reported Q1
figures. urn:newsml:reuters.com:*:nASP0010M5
TAG IMMOBILIEN TEGG.DE
FFO increased to 39.5 million euros in the first quarter,
the real estate company said, adding it planned a tax-free
dividend of 0.75 euros per share. urn:newsml:reuters.com:*:nASP0010M0
DRAEGERWERK DRWG_p.DE
Q1 results due.
DWS DWSG.DE
Q1 results due.
TAKKT TTKG.DE
EBITDA in the first quarter increased to 39.1 million euros
from 33.4 million, the company said. urn:newsml:reuters.com:*:nASP0010M2
ANNUAL GENERAL MEETINGS
SAF HOLLAND SFQN.DE - 0.45 eur/shr dividend proposed.
ANALYSTS' VIEWS
ADIDAS AG ADSGn.DE : Credit Suisse cuts to "neutral" from
"outperform"
OVERSEAS STOCK MARKETS !Empty value !Empty value
!Empty value !Empty value !Empty value .N
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Time: 5:22 GMT.
GERMAN ECONOMIC DATA
No major economic data scheduled.
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))