German stocks - Factors to watch on Oct 21

Villeroy & Boch AG

21/10/2014 07:24

BERLIN/FRANKFURT, Oct 21 (Reuters) - The DAX top-30 index 
 .GDAXI  looked set to open 0.1 percent lower on Tuesday, 
according to premarket data from brokerage Lang & Schwarz at 
0618 GMT. 
    The following are some of the factors that may move German 
stocks: 
     
    GLOBAL ECONOMY 
    China's economic growth slowed in the third quarter to its 
weakest since the 2008/09 global financial crisis as a slumping 
property market dragged on manufacturing and investment, adding 
to concerns about flagging global growth.  ID:nL3N0SF3SV  
    Related news  MCE-DE-E  
     
    DAIMLER  DAIGn.DE  
    Indicated 0.2 percent higher 
    The car and truck maker is in advanced talks to take a 25 
percent stake in Italian motorcycle manufacturer MV Agusta 
 IPO-MVAG.MI , German daily Sueddeutsche Zeitung reported on 
Tuesday, citing financial sources in Milan.  ID:nL6N0SG0IX  
    Related news  DAIGn.DE-E  
     
    LUFTHANSA  LHAG.DE  
    Indicated 0.3 percent higher 
    Pilots' union Vereinigung Cockpit continues strike action 
into a second day, this time affecting long-haul flights as well 
as short-haul flights. Lufthansa has cancelled over 1,500 
flights during the stoppage, which began at 1100 GMT on Monday 
and runs until 2159 GMT on Tuesday.  ID:nL6N0SF0TA  
    A board member of the union said early on Tuesday he 
explicitly did not rule out further strikes this week. 
    Related news  LHAG.DE-E  
     
    AURUBIS  NAFG.DE   
    Indicated 0.2 percent lower 
    Higher mine output may not lead to a surplus in the market 
for refined copper cathodes next year, as smelters are 
experiencing a bottleneck of raw material, Europe's biggest 
copper smelter Aurubis said on Monday.  ID:nL6N0SF4MT  
    Related news  NAFG.DE-E  
     
    SKY DEUTSCHLAND  SKYDn.DE  
    Indicated 0.7 percent lower 
    The pay-TV company's free float is being lowered to 33.1 
percent from 45.2 percent, effective Oct. 23, German stock 
exchange operator Deutsche Boerse said late on Monday. 
    Related news  SKYDn.DE-E  
     
    SARTORIUS  SATG.DE   
    Indicated 1 percent higher 
    The lab equipment maker said it still expected to post a 
full year margin on core profit of 19.5 to 20 percent after the 
figure for the first nine months of the year widened to 19.6 
from 19.2 percent.  ID:nFWN0SF027  
    Related news  SATG.DE-E  
     
    DEUTZ  DEZG.DE  
    Indicated 6.6 percent lower 
    The diesel engine maker scrapped its 2014 outlook, citing 
unexpected costs in connection with warranties and goodwill for 
engines manufactured in 2011.  ID:nFWN0SG00U  
    Related news  DEZG.DE-E   
     
    TOM TAILOR  TTIGn.DE  
    Indicated 3.8 percent higher 
    The clothing retailer reported a 20.7 percent gain in 
recurring earnings before interest, taxes, depreciation and 
amortisation (EBITDA) in the first nine months of the year to 
56.9 million euros ($72.9 million).  ID:nASN000516  
    Related news  TTIGn.DE-E  
         
    VILLEROY & BOCH  VIBG_p.DE   
    Indicated 0.9 percent higher 
    The homeware firm said it still expected its 2014 operating 
profit to improve by more than 5 percent this year, after its 
profit rose 10.5 percent to 20 million euros in the first nine 
months of the year.  ID:nFWN0SF02K  
    Related news  VIBG_p.DE-E  
     
    ZOOPLUS  ZO1G.DE  
    Indicated 1.6 percent higher 
    The online pet supplies retailer reported a 36 percent jump 
in third-quarter sales to 146.2 million euros and said it was 
very optimistic to reach 2014 sales of at least 530 million 
euros.  ID:nFWN0SG00B  
    Related news  ZO1G.DE-E  
     
    ANALYSTS' VIEWS 
    STADA  STAGn.DE  - Barclays raises the stock to "equal 
weight", lifts its price target to 28.40 euros. 
    DAB BANK  DRNG.DE  - HSBC cuts to "underweight" from 
"neutral", raises target price to 4.78 euros from 4.25 euros. 
     
    OVERSEAS STOCK MARKETS 
    Dow Jones  .DJI  +0.1 pct, S&P 500  .SPX  +0.9 pct, Nasdaq 
 .IXIC  +1.4 pct at Monday's close.  ID:nL2N0SF2B7  
    Nikkei  .N225  -2 pct at Tuesday's close.  ID:nL3N0SG20V  
     
    BOEHRINGER INGELHEIM 
    The privately held German drugmaker is among the suitors for 
Omega Pharma NV  COUCKO.UL , Bloomberg reported, citing people 
familiar with the matter.  ID:nL3N0SF6L6  
    Related news  HEA-DE-E  
             
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
(1 US dollar = 0.7800 euro) 
 
 (Reporting by Victoria Bryan and Maria Sheahan) 
 ((victoria.bryan@thomsonreuters.com; +49 30 2888 5169; Reuters 
Messaging: victoria.bryan.thomsonreuters.com@reuters.net 
Twitter:@vl_bryan)) 
 
Keywords: GERMANY MARKETS STOCKS