BERLIN/FRANKFURT, Feb 13 (Reuters) – The following are some of the factors that may move German stocks on Thursday:
The Chinese province at the epicentre of the coronavirus outbreak reported a record rise in the death toll under a new diagnostic method, and Beijing sacked two local leaders after criticism of their handling of the crisis.
The Mobile World Congress (MWC), the annual telecoms industry gathering that draws more than 100,000 visitors to Barcelona, was cancelled after a mass exodus by exhibitors due to fears over the coronavirus outbreak.
Chemicals giant Bayer is due to hold meetings with investors and reporters to discuss its research and development pipeline.
Additionally, A Canadian court has ordered a group of major agriculture companies to hand over records and communications as part of an antitrust probe sparked by allegations certain businesses tried to block online farm-supply startup Farmers Business Network Inc (FBN). The companies include Bayer and BASF .
Pan-European stock market operator Euronext won’t decide on whether to make a counter-bid for the Madrid bourse until it has to, Euronext boss Stephane Boujnah said.
Q4 results due. Net profit seen at $1 billion. Poll:
The company said 2019 sales of 18.85 billion euros slightly missed its projections after it reduced risky fuels trading in the fourth quarter.
The company reported a 2019 net loss of 1.36 billion euros.
It has has also reached a deal to buy the remaining stake of Canadian plane and train maker Bombardier in the A220 passenger jet programme, it said.
Fiscal Q1 results due
Full-year results due. Net profit seen at 694 million euros. Poll:
The company announced Deutsche Telekom executive Dirk Woessner would be appointed as new CEO.
The food delivery group said it will buy 8.4 million additional shares of Just Eat Takeaway.com by entering into a forward share purchase agreement.
January traffic figures due
Fiscal Q1 results due
Fiscal Q1 results due. EBIT seen at 56 million euros. Poll:
Full-year results due
Q4 results due
SIEMENS HEALTHINEERS – 0.80 eur/shr dividend
OVERSEAS STOCK MARKETS
Dow Jones +0.9%, S&P 500 +0.6%, Nasdaq +0.9% at close.
Nikkei -0.2%, Shanghai stocks -0.7%.
Time: 5:44 GMT
German January final inflation due at 0700 GMT. CPI seen -0.6% m/m, +1.7% y/y. HICP seen -0.8% m/m, +1.6% y/y.
REUTERS TOP NEWS (Reporting by Berlin Speed Desk and Frankfurt Newsroom)