FRANKFURT/BERLIN, July 29 (Reuters) - The DAX top-30 index
.GDAXI looked set to open 0.2 percent higher on Wednesday
according to premarket data from brokerage Lang & Schwarz at
0600 GMT.
The following are some of the factors that may move German
stocks:
BAYER BAYGn.DE
Indicated 1.2 percent higher
The drugmaker saw underlying core earnings increase by one
third in the second quarter, helped by strong overseas
currencies and a gain in prescriptions of new drugs such a
stroke prevention pill Xarelto. ID:nFWN10802J
HEIDELBERGCEMENT HEIG.DE
Indicated 2.4 percent higher
The cement maker late Tuesday said it was buying control of
rival Italcementi in a deal that values the smaller Italian
company at around 6.7 billion euros ($7.40 billion) to bolster
its position in growing markets as consolidation in the sector
picks up. ID:nL5N1084ZE
It also pre-released Q2 results and increased its
medium-term targets as a result of the deal. ID:nFWN108026
K+S SDFGn.DE
Indicated 1.1 percent higher
The potash and salt miner has turned to German economy
minister Sigmar Gabriel for help against an unwanted takeover
approach by Canadian rival Potash Corp POT.TO , and has
discussed the option of German state bank KfW taking a state in
K+S, Handelsblatt reported, citing government sources.
LINDE LING.DE
Indicated 0.3 percent lower
The world's biggest industrial gases company by sales
lowered its full-year sales outlook after low oil prices led to
a collapse in orders at its engineering division.
ID:nASM000B3M
VOLKSWAGEN VOWG_p.DE
Indicated 0.5 percent higher
Q2 results due. Operating profit is seen up 4.5 percent at
3.48 billion euros. Poll: ID:nL5N10320E
AIRBUS AIRG.DE
No indication available
SpiceJet SPJT.BO is in talks with Boeing (NYSE:BA) BA.N and Airbus
AIR.PA for an $11 billion jet deal, Bloomberg reported.
ID:nL3N1091WW
GEA G1AG.DE
Indicated 0.7 percent higher
The food-processing technology maker lifted its core profit
by 9 percent in the second quarter but said it made a net loss
as a result of restructuring and other charges. ID:nASM000B3O
OSRAM OSRn.DE
No indication available
Osram said core profit jumped 24 percent in its fiscal third
quarter, beating expectations, as its cost-cutting programme bit
hard and the euro's weakness flattered results. ID:nL5N1090CK
TALANX TLXGn.DE
No indication available
The German insurer lowered its net profit for the year after
writing off goodwill of 155 million euros ($171.37 million) as
part of a shake-up of its German life insurance business.
ID:nL5N1084WY
STRATEC BIOMEDICAL SBSG.DE
Indicated 0.4 percent higher
Q2 results due. The company already reported preliminary
results, posting a pretax profit of 12 million euros on sales of
70 million euros for the first half of 2015. ID:nASN00091E
TELEFONICA DEUTSCHLAND O2Dn.DE
No indication available
Telefonica (MADRID:TEF) Deutschland reported a 13.5 percent rise in
second quarter core profit helped by a rise in data consumption,
while reaping the fruits of last year's acquisition of E-Plus.
ID:nF9N0WL009
QIAGEN QGEN.DE
Indicated 0.2 percent lower
Q2 results due. Adjusted net profit is seen down 2 percent
at $59.5 million. Poll: ID:nL5N1071H2
SHW SW1.DE
No indication available
The company raised its 2015 sales forecast to 470 million
euros from 460 million after it reported a 13 percent rise in
first-half sales. ID:nASM000B3J
ANALYTS' VIEWS
GERRESHEIMER GXIG.DE - JP Morgan raises to "overweight"
from "neutral", raises its price target to 79.50 from 60.30
euros. HSBC raises its price target to 62 from 51 euros, with a
"hold" rating.
PFEIFFER VACUUM PV.DE - HSBC cuts to "hold" from "buy"
WUESTENROT & WUERTTEMBERGISCHE WUWGn.DE - Berenberg raises
"buy" from "hold", lifts price target to 21.20 from 21 euros
OVERSEAS STOCK MARKETS
Dow Jones .DJI plus 1.1 pct, S&P 500 .SPX plus 1.2 pct,
Nasdaq .IXIC plus 1.0 pct. ID:nL1N10828Q
Nikkei .N225 minus 0.1 pct at Wednesday's close. Shanghai
stocks .SSEC minus 0.2 pct at 0605 GMT. ID:nL3N109173
GERMAN ECONOMIC DATA
Morale among German consumers steadied going into August,
with higher income expectations offset by concerns that a deal
to keep Greece in the euro zone will weigh on Germany's economy,
market research group GfK said on Wednesday. ID:nL5N1083H4
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
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($1 = 0.9041 euros)