German stocks - Factors to watch on Aug 9

Schaltbau Holding AG

09/08/2021 06:01

BERLIN/FRANKFURT, Aug 9 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    CORONAVIRUS
    Germany reported 1,183 new infections and two more deaths.

    SCHALTBAU  SLTG.DE 
    U.S.-based private equity firm Carlyle Group  CG.O  makes a
takeover offer for Munich-based railway components specialist
Schaltbau  SLTG.DE  for some 700 million euros. Carlyle is
offering 53.50 euros for each Schaltbau share and has already
secured 69% of the shares, both companies said on Saturday. The
offer is 32% above the closing price of Schaltbau shares on
Friday, which was close to a high for the year.
    
    AIRBUS  AIR.PA   AIRG.DE 
    Airbus has warned employees of hundreds of possible job
losses at its small-parts manufacturing business in Germany if
the unit is not hived off in line with a cost-cutting strategy
set out in April, a source familiar with the plan told Reuters.
 urn:newsml:reuters.com:*:nL8N2PE0FA
    
    UNITED INTERNET  UTDI.DE 
    United Internet announced its decision to launch a share
buyback program for up to 160 million euros.  urn:newsml:reuters.com:*:nFWN2PD1AV
    
    QIAGEN  QIA.DE 
    Qiagen said it had received the emergency use authorization
from the U.S. Food And Drug Administration (FDA) for a rapid
portable test that can analyze over 30 samples per hour for
SARS-COV-2 antigen.  urn:newsml:reuters.com:*:nASN001J2E
    
    HYPOPORT  HYQGn.DE 
    Q2 results due.
    
    ALSTRIA OFFICE REIT  AOXG.DE 
    Q2 results due.
    
    WACKER NEUSON  WACGn.DE 
    Q2 results due.
        
    ANALYSTS' VIEWS 
    DAIMLER AG  DAIGn.DE : JEFFERIES CUTS TO HOLD FROM BUY; CUTS
TARGET PRICE TO EUR 82 FROM EUR 95
        
    OVERSEAS STOCK MARKETS  
    S&P 500 .SPX  +0.2%, Nasdaq  .IXIC  -0.4% at close.  .N 
    Japanese markets closed, Shanghai stocks  .SSEC  +1.0%.  .T 
 .SS 
    Time: 5:01 GMT

    ECONOMY
    German June Trade Balance due at around 0600 GMT. Seen at
13.4 billion euros. Exports seen at +0.4%, imports at 0.5%.
    German June Current Account - Balance due at around 0600
GMT. 

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