Skip navigation
Newswire

German stocks - Factors to watch on May 28

FRANKFURT, May 28 (Reuters) - The following are some of the factors that may move German stocks on Tuesday:

BEIERSDORF

The maker of Nivea products has poached Zhengrong Liu, head of personnel at Lanxess, to become its head of international personnel development, sources told Reuters, confirming a report in Frankfurter Allgemeine Zeitung.

Related news

DEUTSCHE TELEKOM

The telecoms group is considering buying Poland's GTS Central Europe for 600 million euros ($775 million) as part of plans to strengthen its position in eastern Europe, the Wall Street Journal Deutschland reported on Monday.

Related news

VOLKSWAGEN

The carmaker and union IG Metall have reached a broad agreement on wage increases for more than 100,000 workers but still need to work out some details, spokespeople for VW and IG Metall said early on Tuesday.

Related news

BILFINGER

The construction and industrial services group said it had started the sale of its concessions business, which it does not see as strategic to the rest of its operations.

Related news

EADS

EADS and partner Northrop Grumman say they will continue to work with the German government on a drone project that Berlin cancelled earlier this month.

Related news

AXEL SPRINGER

The publisher's Bild newspaper, the biggest-selling daily in Germany, will start charging for some of its online content from mid-June, one of its executives said on Monday.

Related news

LEG IMMOBILIEN

The real estate company affirmed its outlook after posting a 4.8 percent decline in FFO I to 33.8 million euros in the first quarter.

Related news

ENBW

Rival energy supplier EWE has filed for 500 million euros in damages from EnBW, according to Stuttgarter Nachrichten. The paper said the two companies were in a dispute over whether EnBW was required to buy a stake in the Verbundnetz Gas company owned by EWE.

Related news

ANNUAL GENERAL MEETINGS

DEUTSCHE WOHNEN - 0.21 eur/shr dividend proposed

PFEIFFER VACUUM - 3.45 eur/shr dividend proposed

WACKER NEUSON - 0.30 eur/shr dividend proposed

DOUGLAS - no dividend proposed

OVERSEAS STOCK MARKETS

Dow Jones, S&P 500, Nasdaq closed for the Memorial Day holiday on Monday.

Nikkei +1.6 pct at 0456 GMT.

GERMAN ECONOMIC DATA

April import prices due 0600 GMT. Seen -0.5 pct m/m and -2.3 pct y/y.

EUROPEAN FACTORS TO WATCH

DIARIES

REUTERS TOP NEWS (Reporting by Victoria Bryan and Maria Sheahan)