BERLIN/FRANKFURT, May 20 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
BANKS
Fitch downgraded Deutsche Bank, Commerzbank CBKG.DE and
Aareal Bank ARLG.DE in a swathe of ratings action on European
banks ID:nFit923199 ID:nFit923135 ID:nFit923165
DAIMLER DAIGn.DE
The Mercedes-Benz truck unit said on Tuesday it had
dismissed 500 workers at a Brazilian truck plant and is putting
about 7,000 others on paid leave as it suspends production in
the face of plunging sales. ID:nL1N0YA2TM
DEUTSCHE BANK DBKGn.DE
Shareholder adviser Hermes Equity Ownership Services will
call for an overhaul of the bank's management board, a director
told Handelsblatt.
The paper also reported that Deutsche Bank's supervisory
board will on Wednesday discuss a successor to retail head
Rainer Neske and a shake-up of the management board.
ID:nL5N0YA4T8
DEUTSCHE POST DPWGn.DE
Deutsche Post and labour union Verdi are due to resume talks
to resolve a row over pay and conditions.
The group sold a 4.16 percent stake in Sinotrans
0598.HK . ID:nASB09OFS
RWE RWEG.DE
Conergy, in which RWE bought a minor interest in March, is
looking to acquire up to two companies in 2015 to scale up
before it goes public, its CEO told Reuters. ID:nWNAB06ZJW
AIRBUS AIRG.DE
The group said on Tuesday the latest version of its popular
A320 had flown for the first time with engines supplied by CFM
International. ID:nL5N0YA547
METRO MEOG.DE
The owner of German department store chain Karstadt is
making a new takeover offer for Metro's Kaufhof, a source told
Reuters. Handelsblatt said the bid was worth 2.9 billion euros.
ID:nL5N0YA4XY
BERTRANDT BDTG.DE
Q2 results, Capital Markets Day due.
DEUTSCHE WOHNEN DWNG.DE
Q1 results due. The real estate firm's funds from operations
(FFO) are seen up 14.4 percent at 67.6 million euros. Poll:
ID:nL5N0YA29Z
HELLA HLE.DE
Family shareholders in the car parts supplier are placing up
to 13.89 million shares, equivalent to a 12.5 percent stake, in
an accelerated bookbuilding process. Shares are being offered at
39-41 euros, said bookrunner Bankhaus Lampe. ID:nFWN0YA01J
ID:nFWN0YA048
ZOOPLUS ZO1G.DE
Q1 results due. The company published its trading statement
on April 23, saying total sales were up 34 percent in the first
quarter. ID:nASN00083N
ANNUAL GENERAL MEETINGS
FRESENIUS FREG.DE - 0.44 eur/shr dividend proposed
SAP SAPG.DE - 1.10 eur/shr dividend proposed
AAREAL ARLG.DE - 1.20 eur/shr dividend proposed
NORMA NOEJ.DE - 0.75 eur/shr dividend proposed
AIXTRON AIXGn.DE - no dividend proposed
COMPUGROUP MEDICAL COPMa.DE - 0.35 eur/shr dividend
proposed
NEMETSCHEK NEKG.DE - 1.60 eur/shr dividend proposed
GRAMMER GMMG.DE - 0.75 eur/shr dividend proposed
VOSSLOH VOSG.DE - no dividend proposed
EX-DIVIDEND
FRESENIUS MEDICAL CARE FMEG.DE - dividend 0.78 eur/shr
EVONIK EVKn.DE - dividend 1 eur/shr
JUNGHEINRICH JUNG_p.DE - dividend of 1.04 eur/preference
share, 0.98 euro/common share
BAYWA BYWGnx.DE - dividend 0.80 eur/shr
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.07 pct, S&P 500 .SPX -0.06 pct, Nasdaq
.IXIC -0.2 pct at Tuesday's close. ID:nL1N0YA2B3
Nikkei .N225 +1.1 pct at 0453 GMT. ID:nL3N0YB002
GERMAN ECONOMIC DATA
German April producer prices due at 0600 GMT. Seen +0.2 pct
m/m, -1.4 pct y/y.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Victoria Bryan and Kirsti Knolle)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))
Keywords: GERMANY MARKETS STOCKS