German stocks - Factors to watch on June 26
26/06/2014 07:41
FRANKFURT, June 26 (Reuters) - The DAX top-30 index .GDAXI
looked set to open 0.2 percent higher on Thursday, according to
premarket data from brokerage Lang & Schwarz at 0620 GMT.
The following are some of the factors that may move German
stocks on Thursday:
DAIMLER DAIGn.DE
Indicated 0.3 percent higher
The carmaker said on Wednesday the Shooting Brake variant of
the Mercedes-Benz CLA will start selling in the first half of
2015 and will be made by its Kecskemet factory in Hungary.
Related news DAIGn.DE-E
DEUTSCHE TELEKOM DTEGn.DE
Indicated unchanged
The company has no intention to halt investments in the
United States to finance growth there for a couple more years
yet, its finance chief told investor magazine Boerse Online.
Deutsche Telekom has agreed broad terms for a deal to sell
T-Mobile US TMUS.N to Sprint Corp S.N , Reuters reported
earlier this month.
Related news DTEGn.DE-E
METRO MEOG.DE
Indicated 0.3 percent higher
The retailer said on Wednesday it was putting on hold plans
to invest in combined heat and power units in Germany because it
could not ensure their viability if new changes to the country's
system of green power subsidies went ahead. ID:nL6N0P625V
Related news MEOG.DE-E
TALANX TLXGn.DE
No indication available
The insurer holds its Capital Markets Day in Warsaw.
Related news TLXGn.DE-E
TUI TUIGn.DE
Indicated 0.1 percent higher
Shipping group Hapag Lloyd HPLG.UL , of which TUI is a
major shareholder, is planning further takeovers. "This industry
is crying out for consolidation," outgoing CEO Michael Behrendt
said on Wednesday. Hapag Lloyd signed a deal with Chilean
shipper Compania SudAmericana de Vapores VAP.SN to create the
world's fourth-largest container-shipping company in April.
ID:nL2N0N81RP
Related news TUIGn.DE-E
DIALOG SEMICONDUCTOR DLGS.DE
Indicated 5.9 percent higher
The integrated circuit specialist is exploring a 4.2 billion
Swiss franc ($4.7 billion) combination with Austrian chipmaker
AMS AMS.S , the Financial Times reported, citing sources.
Related news DLGS.DE-E
GESCO GSC1n.DE
Indicated 0.2 percent lower
Annual results conference due. The group already said on May
26 that its net profit fell to 18.1 million euros ($24.7
million) from 20.9 million. ID:nEQch6CVla
Related news GSC1n.DE-E
HORNBACH HOLDING HBHG_p.DE
Indicated 1.1 percent higher
Hornbach Holding said on Thursday its first-quarter sales
rose 16 percent to 1.04 billion euros, slightly beating
analysts' forecasts of 1.02 billion euros. Earnings before
interest and tax (EBIT) were up 70.8 percent. ID:nASN0003YS
Related news HBHG_p.DE-E
HORNBACH-BAUMARKT HBMG.DE
Indicated 0.5 percent higher
Hornbach Baumarkt posted a first quarter EBIT of 73 million
euros on 976.7 million euros of sales. ID:nWEB00OTP
Related news HBMG.DE-E
ANNUAL GENERAL MEETINGS
BAUER B5AG.DE - no dividend proposed
PROSIEBENSAT.1 PSMGn.DE - 1.47 eur/shr dividend proposed
PATRIZIA IMMOBILIEN P1ZGn.DE - no dividend proposed
SURTECO SURG.DE - 0.65 eur/shr dividend proposed
EX-DIVIDEND
KRONES KRNG.DE - dividend 1.00 eur/shr
LEG IMMOBILIEN LEGn.DE - dividend 1.73 eur/shr
CANCOM COKG.DE - dividend 0.40 eur/shr
ANALYSTS' VIEWS
HAMBURGER HAFEN & LOGISTIK HHFGn.DE - Citi raises to "Buy"
from "Neutral" - traders
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.3 pct, S&P 500 .SPX +0.5 pct, Nasdaq
.IXIC +0.7 pct at Wednesday's close. ID:nL2N0P625Y
Nikkei .N225 +0.3 pct at Thursday's close. ID:nL4N0P71DT
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
($1 = 0.8921 Swiss Francs)
($1 = 0.7335 Euros)
(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