The DAX top-30 index
looked set to open 0.3 percent lower on Friday,
according to premarket information from brokerage Lang & & Schwarz at
0625 GMT. The following are a few of the aspects that may move
German stocks: BMW Showed 0.4 percent lower BMW denied it was thinking about developing a brand-new electrical car
battery factory in Thailand. Thailand’s market minister had
stated earlier construction on such a plant was likely to begin in
the middle of next year with an investment of 2 billion baht
($ 57 million). DAIMLER Showed 0.6 percent lower The supervisory board selected Britta Seeger to the
business’s management board. Seeger becomes head of sales at
Mercedes-Benz Cars for three years starting January 2017,
replacing Ola Kaellenius who will end up being the department’s R&D.
chief. DEUTSCHE BANK Indicated 0.4 percent lower The lender and BHF Bank are tangled up in a scandal.
gotten in touch with Malaysian sovereign wealth fund 1MDB, German.
company everyday Handelsblatt reported on Thursday, mentioning.
documents by the U.S. Department of Justice. FRESENIUS Indicated 0.5 percent lower.
The health care group’s bid for Pfizer’s pump.
division is said to stall on assessment, Bloomberg reported on.
Thursday. KUKA Indicated unchanged The robotics maker stated revenues before interest and tax.
this year will be reduced by about 30 million euros ($ 33.
million) due to the takeover by China’s Midea Group Co Ltd
. STADA Showed 0.6 percent lower.
The generic drugmaker stated it has no understanding of financier.
Active Ownership Capital’s (AOC) stake surpassing 5.05 percent. AOC is questioning Stada’s biosimilars business and wants.
the company to cut 100 million euros of costs per year,.
Frankfurter Allgemeine Zeitung reported on Thursday, without.
citing the source of the information. ELRINGKLINGER Suggested 7 percent lower The auto parts provider lowered its full-year earnings.
assistance after second-quarter profits fell on high fixed costs.
at one of its departments.
ANALYSTS’ VIEWS ELRINGKLINGER – Berenberg cuts to “hold”, reduces.
price target to 18 from 28 euros OVERSEAS STOCK MARKETS Dow Jones -0.42 pct, S&P 500 -0.36 pct, Nasdaq.
-0.3 pct at close. Nikkei -1.09 pct, Shanghai stocks -0.67 pct. Time: 6.10 GMT. GERMAN ECONOMIC DATA German July flash PMI due at 0730 GMT. Production PMI.
seen at 53.5 vs 54.5, Services PMI seen at 53.2 vs 53.7,.
Composite at 53.7 vs 54.4. EUROPEAN FACTORS TO VIEW DIARIES REUTERS TOP NEWS.
($ 1 = 34.8900 baht).
($ 1 = 0.9068 euros).
( Reporting by Andreas Cremer and Edward Taylor).