German stocks - Factors to watch on January 23
23/01/2015 07:22
FRANKFURT, Jan 23 (Reuters) - The DAX top-30 index .GDAXI
looked set to open 0.5 percent higher on Friday, according to
premarket data from brokerage Lang & Schwarz at 0717 GMT.
The following are some of the factors that may move German
stocks:
BAYER BAYGn.DE
Indicated 0.8 percent higher
Britain's healthcare cost-effectiveness agency NICE said on
Friday it confirmed its earlier positive draft decision
recommending Bayer's Xarelto to prevent blood clots in people
who have had a heart attack. (http://bit.ly/1JfSNl6)
LUFTHANSA LHAG.DE , AIR BERLIN AB1.DE
Lufthansa indicated 0.6 percent higher
No indication available for Air Berlin
German labour union Verdi has called a strike of security
personnel at Stuttgart and Hamburg airports on Friday.
THYSSENKRUPP TKAG.DE
Indicated 0.2 percent higher
ThyssenKrupp will have to pay a fine of about 100 million
euros ($113.40 million) for delays in supplying submarines to
Turkey, the Handelsblatt business daily reported.
ID:nL6N0V14P7
BB BIOTECH BIONn.DE
Up 1.2 percent higher in early Frankfurt trade
Swiss investment firm BB Biotech BION.S said its Board of
Directors would propose a cash distribution of 11.60 Swiss
francs per share at the upcoming annual general meeting, a 65
percent increase from the previous year. ID:nFWN0V1014
XING OBCGn.DE
Indicated 2 percent higher
The business network operator said it would buy Intelligence
Competence Center (Deutschland) AG for an initial sum of 6.3
million euros. Depending on the company's performance and
additional payments of as much as 2.4 million could be made by
February 2017. ID:nFWN0V103Z
PUMA PUMG.DE
Indicated 0.1 percent higher
The sportswear maker's former licensing partner Parigi has
filed a claim for damages of more than $75 million in the United
States for breach of contract and fraud, Frankfurter Allgemeine
Zeitung reported on Friday. Puma declined to comment, it said.
VILLEROY & BOCH VIBG_p.DE
Indicated 1.5 percent higher
The luxury ceramics company sued Amazon.com Inc AMZN.O for
selling what it says is a copycat version of its popular New
Wave cup and saucer. ID:nL1N0V12DV
TELE COLUMBUS TC1n.DE
No indication available
The cable operator's shares are due to start trading on the
Frankfurt stock exchange. The IPO offer price for the shares was
set at 10 euros per share. ID:nWNAB05Q2Q
ANALYSTS' VIEWS
DEUTSCHE POST DPWGn.DE - JP Morgan cuts to "neutral" from
"overweight", lowers price target to 28 euros vs 28.70 euros.
E.ON EONGn.DE - HSBC raises to "neutral" from
"underweight".
AURUBIS NAFG.DE - HSBC raises to "overweight" from
"neutral", raises price target to 53.3 euros vs 50.3 euros.
OVERSEAS STOCK MARKETS
Dow Jones .DJI +1.5 pct, S&P 500 .SPX +1.5 pct, Nasdaq
.IXIC +1.8 pct at Thursday's close. ID:nL1N0V139Z
Nikkei .N225 +1.1 pct at Friday's close. ID:nL4N0V22JZ
GERMAN ECONOMIC DATA
German January Markit Flash PMIs due at 0830 GMT.
Manufacturing PMI seen at 51.7 vs 51.2 in December, services PMI
seen at 52.5 vs 52.1.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
($1 = 0.8818 euros)
(Reporting by Harro Ten Wolde and Maria Sheahan)
((kirsti.knolle@thomsonreuters.com; +49 69 7565 1262; Reuters
Messaging: kirsti.knolle.thomsonreuters.com@reuters.net
www.reuters.com))
Keywords: GERMANY MARKETS STOCKS