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German stocks - Factors to watch on Nov. 6

Published 06/11/2018, 04:36 pm
Updated 06/11/2018, 04:40 pm
© Reuters.  German stocks - Factors to watch on Nov. 6

BERLIN/FRANKFURT, Nov 6 (Reuters) - The following are some of the factors that may move German stocks on Tuesday:

DEUTSCHE POST DPWGn.DE

Q3 results due. EBIT seen down 59 pct. TKAG.DE

Thyssenkrupp is planning to replace the head of its elevators division, Andreas Schierenbeck, two sources familiar with the matter said on Monday, as part of a far-reaching restructuring drive at the German conglomerate. VOWG_p.DE

Volkswagen will consider plans to convert its factories in Emden, and Hannover, Germany to build electric cars during a strategy review on November 16, German daily Handelsblatt said. GAMESA SGREN.MC SIEGn.DE

Results for full fiscal year 2018 due.

EVONIK EVKn.DE

Q3 results due. Adjusted EBITDA seen at 691 million euros, up 8.14 pct y/y. BOSS BOSSn.DE

Q3 results due. Net profit seen at 72.4 million euros. ZALG.DE

Q3 results due. Adjusted EBIT loss seen at 43.4 million euros. MORG.DE

The biotechnology company late on Monday announced a quarterly EBIT profit of 30.1 million euros mainly due to an upfront licensing payment by Novartis NOVN.S . Conference call due at 1300 GMT.

PFEIFFER VACUUM PV.DE

Q3 results due. Operating profit seen at 21.5 million euros, down 14 percent y/y. ZILGn.DE

Q3 results due.

GRENKE GLJn.DE

The leasing company said growth potential for new business in leasing remains unchanged, reiterating that it sees double-digit growth in future. JUNG_p.DE

Q3 results due. EBIT seen at 66 million euros. CARBON SGCG.DE

Q3 results due

VTG VT9G.DE

A review concluded that the rail logistics company has not violated U.S. sanctions in Russia, Morgan Stanley (NYSE:MS) Infrastructure Partner said on Monday, paving the way to a takeover.

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ANALYSTS' VIEWS

SIEMENS HEALTHINEERS SHLG.DE - Jefferies cuts to "hold" from "buy"

OVERSEAS STOCK MARKETS

Dow Jones .DJI +0.8 pct, S&P 500 .SPX +0.6 pct, Nasdaq .IXIC -0.4 pct at close. .N

Nikkei .N225 +1.1 pct, Shanghai stocks .SSEC -1 pct. .T .SS

Time: 5:36 GMT.

ECONOMIC DATA

German September industrial orders due at 0700 GMT. Seen -0.6 pct m/m.

German October final Markit services PMI due at 0855 GMT. Seen at 53.6.

German October final Markit composite PMI due at 0855 GMT. Seen at 52.7.

EUROPEAN FACTORS TO WATCH WATCH/EU

DIARIES DE/DIA WEU/EQUITY

REUTERS TOP NEWS TOP/NEWS

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