German stocks - Factors to watch on June 8
08/06/2020 05:59
BERLIN/FRANKFURT, June 8(Reuters) - The following are some
of the factors that may move German stocks on Monday:
CORONAVIRUS
The number of confirmed coronavirus cases in Germany
increased by 214 to 184,193, data from the Robert Koch Institute
(RKI) for infectious diseases showed on Monday. The death toll
rose by 6 to 8,674, the tally showed. urn:newsml:reuters.com:*:nL8N2DL06X
VOLKSWAGEN VOWG_p.DE
Volkswagen is considering more cost cuts to help cope with
the economic impact of the coronavirus pandemic, a spokesman for
the German automaker said on Saturday. urn:newsml:reuters.com:*:nL8N2DJ0BQ
LUFTHANSA LHAG.DE
Lufthansa will bring home any Germans it flies abroad on
vacation, CEO Carsten Spohr told the Frankfurter Allgemeine
Sonntagszeitung, seeking to assuage holidaymakers' concerns that
a coronavirus outbreak while away could leave them stranded.
BMW BMWG.DE
Magazine Automobilwoche on Saturday cited a BMW spokeswoman
as saying all plants would be working in regular shifts again
from mid-June. It said production was back to pre-crisis levels
at the main plant in Munich, producing 1,000 vehicles a day. But
it cited an internal letter to dealers as saying capacity was
not sufficient to process all orders that were not handled
during the coronavirus disruption from mid-March.
WIRECARD WDIG.DE
Wirecard WDIG.DE is cooperating with authorities
investigating the German payments company over possible market
manipulation, it said on Sunday as it reiterated its 2020
earnings outlook. urn:newsml:reuters.com:*:nL8N2DK0HY
Prosecutors in Munich said on Friday they had searched
Wirecard's premises and opened proceedings against its
management board as part of a market manipulation probe by
BaFin, Germany's financial regulator. urn:newsml:reuters.com:*:nL8N2DI4PK
FRAPORT FRAG.DE
Fraport Slovenia, a unit of Germany's airport service
provider Fraport which manages Slovenia's main airport
Ljubljana, plans to cut jobs due to the coronavirus pandemic,
the company said on Friday. urn:newsml:reuters.com:*:nL8N2DI4G8
DELIVERY HERO DHER.DE
Grubhub Inc GRUB.N has received takeover interest from at
least two European companies, Delivery Hero SE DHER.DE and
Just Eat Takeaway.com NV TKWY.AS , CNBC reported on Friday,
citing people familiar with the matter. urn:newsml:reuters.com:*:nL4N2DI3J2
TUI TUIGn.DE
The tour operator's airline TUIfly is seeking to cut around
1,000 jobs as part of a cost cut plan to halve its fleet of
aircraft, three sources familiar with the matter told Reuters on
Friday. urn:newsml:reuters.com:*:nL8N2DI4O6
ANNUAL GENERAL MEETINGS
STRATEC SBSG.DE 0.84 eur/shr dividend proposed
EX-DIVIDEND
DEUTSCHE WOHNEN DWNG.DE - 0.90 euros/shr dividend
OVERSEAS STOCK MARKETS
Dow Jones .DJI +3.2%, S&P 500 .SPX +2.6%, Nasdaq .IXIC
+2.1% at close. .N
Nikkei .N225 +1.0%, Shanghai stocks .SSEC +0.3%. .T
.SS
Time: 4:59 GMT
GERMAN ECONOMIC DATA
German April industrial production due at about 0600 GMT.
DIARIES DE/DIARY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Berlin, Frankfurt and Gdansk newsrooms)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))