German stocks - Factors to watch on April 20

Serviceware SE

20/04/2018 06:10

FRANKFURT, April 20 (Reuters) - The following are some of
the factors that may move German stocks on Friday:
    
    AUTOS  BMWG.DE  DAIGn.DE  VOWG_p.DE 
    Cultural change at Volkswagen will take time, shareholder
Lower Saxony's premier Stephan Weil told Handelsblatt daily.
"Dieselgate and everything connected with it won't be over for a
while," he said.
    Separately, German Transport Minister Andreas Scheuer said
he was asking carmakers to show how they would complete
outstanding software upgrades on diesel vehicles by the end of
the year.
        
    DEUTSCHE BANK  DBKGn.DE 
    The lender aims to add another 400 employees by the end of
2018 to its team dealing with compliance, regulation and the
fight against financial crime, board member Sylvie Matherat told
Funke Mediengruppe in an interview.    
    
    LUFTHANSA  LHAG.DE 
    S&P revised Lufthansa's outlook to positive from stable.
 urn:newsml:reuters.com:*:nFWN1RW0U9
    
    RWE  RWEG.DE 
    A spokeswoman said that RWE was not in talks with smaller
rival Steag about buying some of its power plant assets.
 L8N1RW70R 
    
    TALANX  TLXGn.DE 
    A unit of Talanx is seeking to raise its stake in Vietnamese
insurer PVI Holdings  PVI.HN  to 49 percent, PetroVietnam
 PVD.HM  said on Friday, as the state-run oil and gas group
seeks to divest from the insurance company.  urn:newsml:reuters.com:*:nL3N1RX2CO
    
    SERVICEWARE  SJJG.DE 
    Shares due to debut on Frankfurt stock exchange.
    
    ANNUAL GENERAL MEETINGS
    SCHAEFFLER  SHA_p.DE  - 0.55 eur/preference shr dividend
proposed
    STEINHOFF  SNHG.DE  - no dividend proposed
            
    EX-DIVIDEND 
    SILTRONIC  WAFGn.DE  - 2.50 eur/shr dividend 
    GEA  G1AG.DE  - 0.85 eur/shr dividend 
                
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  -0.3 pct, S&P 500 .SPX  -0.6 pct, Nasdaq
 .IXIC  -0.8 pct at close.  .N 
    Nikkei  .N225  -0.2 pct, Shanghai stocks  .SSEC  -1.4 pct.
    Time: 5.10 GMT.  .T   .SS 
    
    GERMAN ECONOMIC DATA
    German March producer prices due at 0600 GMT. Seen +0.2 pct
m/m, +2.0 pct y/y.
    German economic growth could slow slightly in the first
quarter, but the upswing in Europe's largest economy remains
robust and broad-based thanks to strong domestic and foreign
demand, the finance ministry said on Friday.  urn:newsml:reuters.com:*:nB4N1PQ01M
        
    EUROPEAN FACTORS TO WATCH  WATCH/EU 
    DIARIES  DE/DIA   WEU/EQUITY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Christoph Steitz and Maria Sheahan)
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))