German stocks - Factors to watch on September 16
16/09/2014 07:57
FRANKFURT, Sept 16 (Reuters) - The DAX top-30 index
.GDAXI looked set to open 0.1 percent lower on Tuesday,
according to premarket data from brokerage Lang & Schwarz at
0656 GMT.
LUFTHANSA LHAG.DE
Indicated up 1.3 percent
Pilots' union Vereinigung Cockpit said it had cancelled an
eight-hour strike planned for Tuesday at Germany's biggest
airline Lufthansa, adding it was willing to resume negotiations
over an early retirement scheme. ID:nL6N0RG4Y3 ID:nL6N0RG13V
Related news LHAG.DE-E
FRESENIUS MEDICAL CARE FMEG.DE
Indicated down 0.5 percent
German kidney dialysis provider Fresenius Medical Care
FMEG.DE plans to issue 400 million euros ($518 million) in
convertible bonds maturing in January 2020, it said on Tuesday.
ID:nWEA00FMJ
Related news FMEG.DE-E
E.ON EONGn.DE
Indicated unchanged
The Italian government has recognised as strategic the
liquefied natural gas (LNG) terminal that regional utility Iren
IREE.MI and Germany's E.ON plan to build off the north-west
coast of Italy, two sources close to the matter said on Monday.
Recognition of the OLT Offshore LNG Toscana plant as
strategic guarantees the developers a regulated return
regardless of the actual utilisation rate of the facility.
DEUTSCHE BANK DBKGn.DE
Indicated down 0.4 percent
Munich's regional court has sent out indictments against
Deutsche Bank co-CEO Juergen Fitschen and several former
executives at the bank in connection with the long-running Kirch
bankruptcy case, Sueddeutsche Zeitung reported, citing judicial
sources.
Legal sources told Reuters in August that the court would
seek charges against Fitschen, his predecessors Josef Ackermann
and Rolf Breuer, and others, after investigating whether they
gave misleading evidence in a civil suit, brought by heirs of
the late media magnate Leo Kirch, which ended in February after
12 years of legal wrangling. ID:nL6N0QI1UU
Related news DBKGn.DE-E
DEUTSCHE TELEKOM, DAIMLER DTEGn.DE DAIGn.DE
Deutsche Telekom indicated down 0.1 percent
Daimler indicated down 0.2 percent
Germany is ready to award the Toll Collect consortium of
Deutsche Telekom and Daimler another three-year contract to run
the toll system for trucks on German motorways, business daily
Handelsblatt reported, citing sources in the negotiations.
Related news DTEGn.DE-DAIGn.DE-E
THYSSENKRUPP TKAG.DE
Indicated down 0.1 percent
Airbus Group AIR.PA unveiled plans to sell half a dozen
units as it focuses its Defence and Space division on the core
activities of warplanes, missiles, launchers and satellites.
ID:nL6N0RH0OE
Separately, ThyssenKrupp's chief executive is due to hold a
news conference on the topic of research and development at 0800
GMT.
Related news TKAG.DE-E
BAYER BAYGn.DE
Indicated down 0.2 percent
Bayer and Orion ORNBV.HE said they had started a phase III
trial of prostate cancer agend ODM-201. ID:nWEA00FMT
Related news BAYGn.DE-E
UNITED INTERNET UTDI.DE
Indicated down 4.3 percent
German internet service provider United Internet on Monday
said it would issue up to 11 million new shares, or up to 382
million euros ($494 million) at Monday's closing price, in a
private placement. ID:nWEA00FLZ
Two sources familiar with the matter said that the books for
the sale are covered. One source said price guidance for the new
shares was 32.50 euros. ID:nL6N0RG4ST ID:nWEA00FMN
Related news UTDI.DE-E
FRITZ NOLS FNGG.F
No price indication
Company announced changes in the management and supervisory
boards of Da Vinci Luxury AG. ID:nL6N0RH0T9
Related news FNGG.F-E
SEVEN PRINCIPLES T3TG.DE
Indicated down 3.7 percent
Seven Principles said it fully placed a capital increase.
ID:nL6N0RH0Q4
Related news T3TG.DE-E
ANALYSTS' VIEWS
BASF BASFn.DE - Berenberg cuts price target to 75 euros
from 77 euros, rating "hold".
Gerry Weber GWIG.DE - DZ Bank raises to "buy" from "sell";
raises target price to 37 euros from 34 euros
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.3 pct, S&P 500 .SPX -0.1 pct, Nasdaq
.IXIC 1.1 pct at Monday's close. ID:nL1N0RG23P
Nikkei .N225 down 0.23 pct at Tuesday's close.
ID:nZZN0A9N0F
GERMAN ECONOMIC DATA
ZEW Economic sentiment for September due at 0900 GMT. Seen
at 4.8. Current conditions also due, seen at 40.0. ECONDE
G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(1 US dollar = 0.7729 euro)
(Reporting by Christoph Steitz and Georgina Prodhan)
((Frankfurt newsroom)(+49 69 7565 1270))
Keywords: GERMANY MARKETS STOCKS