German stocks - Factors to watch on November 4

Secunet Security Networks AG

04/11/2020 05:30

BERLIN/FRANKFURT, Nov 4 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
       
    BMW AG  BMWG.DE 
    Third-quarter results due.
    
    DEUTSCHE BANK  DBKGn.DE  
    Moody's said it upgraded the outlook to "stable" from
"negative", citing a restructuring that has helped the bank
toward "a more balanced and sustainable business model".
 urn:newsml:reuters.com:*:nMDY23ZxYF  urn:newsml:reuters.com:*:nF9N28101A
    
    VONOVIA SE  VNAn.DE 
    Third-quarter results due.
    
    ALSTRIA OFFICE REIT AG  AOXG.DE 
    Nine-month results due.
    
    BRENNTAG AG  BNRGn.DE 
    Third-quarter results due.
    
    FRAPORT AG  FRAG.DE 
    Third-quarter results due.
    
    HANNOVER RUECK SE  HNRGn.DE 
    Third-quarter results due.
    
    ZALANDO SE  ZALG.DE 
    Third-quarter results due.
    
    NORMA GROUP SE  NOEJ.DE 
    Third-quarter results due.
           
    KRONES  KRNG.DE  
    The company said it expects revenue to drop around 17% for
the full year.  urn:newsml:reuters.com:*:nASN000HMP
   
    SECUNET SECURITY NETWORKS  YSNG.DE  
    The company said it sees 2021 revenue and EBIT below that of
2020.  urn:newsml:reuters.com:*:nASN000HMX
    
    BOSCH  ROBG.UL 
    CEO Volkmar Denner told Handelsblatt the automobile supplier
would make a profit this year if business continued to develop
as it is now and there is no lockdown imposed on industry due to
the coronavirus. He said third-quarter sales were 2% higher than
last year in nominal terms and 5% higher in currency-adjusted
terms.
    
    ANALYSTS' VIEWS
    * BAYER AG  BAYGn.DE : CREDIT SUISSE CUTS TARGET PRICE TO
EUR 47 FROM EUR 50
    * KLOECKNER & CO SE  KCOGn.DE : CREDIT SUISSE RAISES TARGET
PRICE TO EUR 6.80 FROM EUR 6.60 
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +2.1%, S&P 500 .SPX  +1.8%, Nasdaq  .IXIC 
+1.9% at close.  .N 
    Nikkei  .N225  +2.1%, Shanghai stocks  .SSEC  -0.3%.  .T 
 .SS 
    Time: 5:30 GMT
    
    GERMAN ECONOMIC DATA
    German October Markit final PMI due at 0855 GMT. Services
seen at 48.9, composite at 54.5.

    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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