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German stocks - Factors to watch on March 20

Tue, 20th Mar 2018 06:02

BERLIN, March 20 (Reuters) - The following are some of thefactors that may move German stocks on Tuesday:

ALLIANZ

The group said it will expand entertainment insurance toAsia to tap the growing local film production and eventindustry.

CONTINENTAL AG

Annual report due. The group published preliminary resultson March 8 and hiked its 2017 dividend by 25 cents to 4.50euros.

French tyre maker Michelin plans to buy Britishengineering company Fenner for 1.2 billion pounds sothat it can serve mining companies better and benefit from anindustry recovery.

UTILITIES

E.ON, INNOGY, RWE

Innogy, Germany's largest listed energy group said it willcontinue with its advertising strategy despite plans by parentRWE and peer E.ON to break it up.

LUFTHANSA

The Federal Court of Justice is expected to rule on whetherlow-price tickets at Lufthansa can be cancelled at no costs forreason of illness.

VOLKSWAGEN

The carmaker announced on Monday that it plans to invest$340 million to build a new sport utility vehicle at itsChattanooga, Tennessee, plant in the United States as demandsurges for larger vehicles.

AIRBUS

The planemaker disclosed share buyback transactions as partof a buyback programme started on Feb. 28.

LEONI

Full Q4 results due. The group published preliminary figureson Feb. 8, with EBIT nearly tripling.

ADO PROPERTIES

Q4 results due.

ROCKET INTERNET

Bloomberg reports Alibaba is said to mull buying RocketInternet's Pakistan unit.

WACKER NEUSON

Q4 results due.

BECHTLE

The German division of International Business Machines Corp.plans to sell parts of IBM Global Technology Services tothe IT service provider, Wirtschaftswoche reported on Monday,citing unnamed company sources.

PORSCHE SE

Q4 results, annual news conference due.

OVERSEAS STOCK MARKETS

Dow Jones -1.4 pct, S&P 500 -1.4 pct, Nasdaq-1.8 pct at close.

Nikkei -0.5 pct, Shanghai stocks +0.2 pct.

Time: 6.01 GMT.

GERMAN ECONOMIC DATA

German February producer prices due at 0700 GMT. Seen +0.1pct m/m, +2.0 pct y/y.

ZEW index for March due at 1000 GMT. Economic Sentiment Seenat 13 points, Current Conditions at 90.0.

EUROPEAN FACTORS TO WATCH

DIARIES

REUTERS TOP NEWS(Reporting by Andreas Cremer and Victoria Bryan)

More News
20 Mar 2018 10:46

FTSE 100 outperforms European peers as inflation slows

(For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 up 0.2 pct * Banks lead gainers as inflation slows down * Housebuilders gain after Bellway

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20 Mar 2018 10:37

WINNERS & LOSERS SUMMARY: Fenner Surges On Michelin Takeover Deal

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------Micro Focus -

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20 Mar 2018 05:47

French and Benelux stocks-Factors to watch on March 20

March 20 (Reuters) - Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual launched its first 300 to

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20 Mar 2018 05:29

UK Stocks-Factors to watch on March 20

March 20 (Reuters) - Britain's FTSE 100 index is seen opening 27 points higher on Tuesday, according to financial bookmakers. * BRITAIN-EU: and the on a

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19 Mar 2018 17:54

UPDATE 1-French tyre maker Michelin to buy Britain's Fenner for $1.7 bln

March 19 (Reuters) - French tyre maker Michelin has agreed to buy British engineering company Fenner for 1.2 billion pounds ($1.68 billion) to increase its offering for mining and a

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19 Mar 2018 17:50

Fenner Agrees Takeover Deal With Michelin At Significant Premium

LONDON (Alliance News) - Fenner PLC said Monday it has agreed an all-cash takeover deal with Compagnie Generale des Etablissements Michelin SCA, valuing the company at is a of

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19 Mar 2018 17:35

French tyre maker Michelin to buy Britain's Fenner for $1.7 bln

March 19 (Reuters) - French tyre maker Michelin has agreed to buy British engineering company Fenner for 1.2 billion pounds ($1.68 billion) to increase its offering for mining and a

Read more
19 Mar 2018 17:24

BRIEF-Michelin Says Agreed To Buy UK's Fenner In A 1.2 Bln Pound Deal

March 19 (Reuters) - Michelin: * CIE GEN ETA.MICHELIN - OFFER FOR FENNER PLC * RECOMMENDED CASH ACQUISITION OF FENNER PLC BY COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS EACH

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17 Jan 2017 15:48

Director dealings: Fenner newcomer joins board buying

(ShareCast News) - New Fenner director Michael Ducey has joined with his new board colleagues in putting his money behind the plastics group, with a £84,000 purchase of shares. Ducey, whose appointment last week was at the request of major shareholder Teleios Capital even though it was initially res

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6 Jan 2017 07:39

Fenner sees FY results 'comfortably above' previous expectations

(ShareCast News) - Engineering group Fenner said on Friday that it expects results for the current financial year to be "comfortably above" previous expectations amid stronger order intake and improved customer enquiries. The company said trading in the first quarter has been satisfactory, reflectin

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23 Nov 2016 08:22

LONDON BRIEFING: Thomas Cook Reinstates Dividend Despite Tough Year

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16 Nov 2016 09:29

Fenner performs ahead of expectations

(ShareCast News) - Fenner, a British manufacturer of industrial belting and other polymer based products, performed better than expected in the face of challenging market conditions. Chief executive Mark Abrahams said: "The group's results were ahead of our expectations at the time of the Annual Gen

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16 Nov 2016 08:05

Fenner Loss Widens But Currency To Boost New Year Performance

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7 Nov 2016 09:29

BROKER RATINGS SUMMARY: JPMorgan Raises Price Targets For Miners

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