German stocks - Factors to watch on May 20

  • Reuters
  • Stock Market News
German stocks - Factors to watch on May 20
Credit: © Reuters.

BERLIN/FRANKFURT, May 20 (Reuters) - The following are some of the factors that may move German stocks on Wednesday:

CORONAVIRUS

The number of confirmed coronavirus cases in Germany increased by 797 to 176,007, data from the Robert Koch Institute (RKI) for infectious diseases showed on Wednesday. TKAG.DE

Tata Steel Europe TISC.NS has resumed negotiations with Thyssenkrupp for a possible merger almost a year after the two companies called off a joint venture proposal, Business Standard reported on Wednesday citing investment bankers. VOWG_p.DE

Volkswagen has agreed to pay 9 million euros ($9.9 million) in a deal with a German court to end legal proceedings against its chairman and chief executive, who were accused of holding back market-moving information on rigged emissions tests. LHAG.DE

Lufthansa is bracing for hundreds of aircraft to remain grounded due to the coronavirus pandemic well into 2022 and that further job cuts at its maintenance and catering businesses were inevitable. BANK ARLG.DE

German real estate lender Aareal Bank said it was inviting bids from financial investors for a significant minority stake in its Aareon unit to help finance the software business's future growth. Medical Care FMEG.DE

The company said it had Placed Bonds With A Volume Of 1.25 billion euros ($1.37 billion). Eventim AG & Co KgaA EVDG.DE

First-quarter results due.

ANNUAL GENERAL MEETINGS

DEUTSCHE BANK AG DBKGn.DE - 0 eur/shr dividend proposed

SAP SE SAPG.DE - 1.58 eur/shr dividend proposed

UNITED INTERNET AG UTDI.DE - 0.50 eur/shr dividend proposed

UNIPER SE UN01.DE - 1.15 eur/shr dividend proposed

TELEFONICA DEUTSCHLAND HOLDING AG O2Dn.DE - 0.17 eur/shr dividend proposed

AIXTRON SE AIXGn.DE - 0 eur/shr dividend proposed

PFEIFFER VACUUM TECHNOLOGY AG PV.DE - 1.25 eur/shr dividend proposed

KLOECKNER & CO. SE KCOGn.DE - 0 eur/shr dividend proposed

SAF HOLLAND SA SFQN.DE - 0 eur/shr dividend proposed

EX-DIVIDEND

DEUTSCHE BOERSE AG DB1Gn.DE - 2.90 euros/shr dividend

RHEINMETALL AG RHMG.DE - 2.40 euros/shr dividend

1&1 DRILLISCH AG DRIG.DE - 0.05 euros/shr dividend

ANALYSTS' VIEWS

GEA GROUP AG G1AG.DE : HSBC CUTS TO HOLD FROM BUY

OVERSEAS STOCK MARKETS

Dow Jones .DJI -1.6%, S&P 500 .SPX -1%, Nasdaq .IXIC -0.5% at close. .N

Nikkei .N225 +1.2%, Shanghai stocks .SSEC -0.5%. .T .SS

Time: 4:43 GMT

GERMAN ECONOMIC DATA

No major economic data scheduled.

DIARIES DE/DIARY

REUTERS TOP NEWS TOP/NEWS

($1 = 0.9142 euros)

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles