German stocks - Factors to watch on June 27

Surteco SE

27/06/2014 07:25

FRANKFURT, June 27 (Reuters) - The DAX top-30 index  .GDAXI  
looked set to open 0.1 percent lower on Friday, according to 
premarket data from brokerage Lang & Schwarz at 0624 GMT. 
    The following are some of the factors that may move German 
stocks: 
     
    ADIDAS  ADSGn.DE  
    Indicated 1.2 percent higher 
    U.S. rival Nike  NKE.N  reported better-than-expected 
quarterly results, as demand for its apparel and footwear rose 
in North America and Western Europe after the company spent 
heavily on marketing ahead of the 2014 soccer World Cup. 
 ID:nL4N0P74NX  
    Related news  ADSGn.DE-E  
     
    BASF  BASFn.DE  
    Indicated 0.3 percent lower 
    Rival chemicals maker DuPont  DD.N  cut its operating profit 
forecast for the second quarter and the full year, saying sales 
in its agriculture and performance chemicals units increased at 
a slower pace than it had expected.  ID:nL4N0P74KE  
    Related news  BASFn.DE-E  
     
    DEUTSCHE BANK  DBKGn.DE  
    Indicated 0.5 percent higher 
    Deutsche Bank is seeking a buyer for all or part of Maher 
Terminals, an operator of cargo container facilities in the 
United States and Canada that it bought for $2.3 billion 
including debt in 2007, The Wall Street Journal reported. 
 ID:nL6N0P80ZO  
    Related news  DBKGn.DE-E  
     
    RWE  RWEG.DE  
    Indicated 0.7 percent higher 
    The utility has obtained a license to provide electricity in 
Romania and said it aims to become a Top 10 power provider there 
within 10 years, Romanian paper Ziarul Financiar said. 
    Related news  RWEG.DE-E      
     
    AIRBUS  AIRG.DE   
    No indication available 
    The aircraft maker is very close to a decision to upgrade 
its A330 with engines provided by Rolls-Royce  RR.L , setting 
the stage for a new phase in the battle for wide-body jet orders 
with Boeing's 787, people familiar with the matter 
said. ID:nL6N0P75G1     
    Related news  AIR.PA-E   
     
    ANNUAL GENERAL MEETINGS 
    PATRIZIA IMMOBILIEN  P1ZGn.DE  - no dividend proposed 
    SURTECO  SURG.DE  - 0.65 eur/shr dividend proposed 
     
    EX-DIVIDEND  
    PROSIEBENSAT.1  PSMGn.DE  - 1.47 eur/shr dividend  
     
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  -0.1 pct, S&P 500  .SPX  -0.1 pct, Nasdaq 
 .IXIC  -0.02 pct at Thursday's close.  ID:nL2N0P71VS  
    Nikkei  .N225  -1.4 pct at Friday's close.  ID:nL4N0P81JN  
     
    PORTIGON 
    Portigon AG  WDLGge.F , the successor institute of broken-up 
German state bank WestLB  WDLG.UL , will hold off on the sale of 
its financial services unit because of an unfavourable market 
environment, a German state politician said on Thursday. 
 ID:nL6N0P75S4  
    Related news  BANK-DE-E  
     
    GERMAN ECONOMIC DATA 
    May import prices unchanged m/m, -2.1 y/y, in line with 
Reuters poll estimates.  ID:nB4N0KR01Z  
    Preliminary June inflation data due at 1200 GMT. 
EU-harmonised consumer prices seen up 0.7 percent year on year. 
Non-harmonised consumer prices seen up 1.0 percent. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Ludwig Burger and Maria Sheahan) 
 ((ludwig.burger@thomsonreuters.com)(+49 69 7565 1311)(Reuters 
Messaging: ludwig.burger.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY MARKETS STOCKS