STOCKS NEWS Reuters Results diary
Stocks on the move Real-time Equity News
06:49GMT 01April2009
D.Logistics seen up on dividend announcement
Shares in German logistics company D.Logistics AG is indicated 3.2 percent higher in pre-market trade, after the company announces its supervisory board has accepted the management's proposal to propose a 2008 dividend of 0.07 euros per share.
'The dividend yield of almost 7 percent is remarkable. The share price of D.Logistics has already rebounded slightly over the last two weeks,' Close Brothers Seydler writes in a note.
'From technical viewpoint it would be another driver for the stock price if D. Logistics reaches new 6-month-highs, which are only a few cents away.'
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Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net
06:32GMT 01April2009
Vivacon seen plunging on prelim FY results
Shares in German property trading company Vivacon are indicated 18 percent lower in pre-market trade after the company says it expects a net loss of 160-170 million euros ($213.2-226.5 million) for the financial year 2008.
'We see no positive sign at all,' says DZ Bank analyst Hasim Sengul, who rates the stock 'sell'.
'The equity ratio will be at 12-15 percent in our model now, and we think this makes the situation even more problematic,' Sengul says.
A Frankfurt-based trader says the Reuters consensus called for a slightly positive result in full-year 2008.
'The (company's announcement) ... should lead to some more uncertainty,' the trader says.
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Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net
06:27GMT April12009
Vienna Insurance set to rise, plans bonus div payout
Shares in Vienna Insurance Group AG are set to rise early after the company said late on Tuesday it plans to pay a surprise bonus dividend as well as its regular payout.
'With an implied 10 percent yield, limited asset side risk and 16 percent 2008 volume growth reported, we see significant upside,' says Citigroup analyst William Elderkin in a note.
Vienna Insurance also reported a 24 percent rise in 2008 profit, boosted by growing premium income in emerging Europe.
Shares in Vienna Insurance, which have lost 10 percent this year, closed up 7.6 percent at 21.63 euros on Tuesday, before the company released its annual results.
For more double click on Reuters Messaging rm://sarah.marsh.reuters.com@reuters.net
boris.groendahl.reuters.com@reuters.net
06:21GMT 1April2009
European stock futures point to fall
European shares are set to fall on the first day of the second quarter after gaining strongly in the previous session, with world leaders set to meet at a summit in London to tackle the global financial crisis.
Futures for the Eurostoxx 50, German DAX futures and French CAC futures are down 0.7-0.8 percent.
With a very thin corporate diary, investors' focus will be on macroeconomic matters, such as the euro zone unemployment figures, due at 0900 GMT, and the G20 meeting of world leaders.
U.S. stock futures fall on a media report that U.S. President Barack Obama had determined a prepackaged bankruptcy was the best option for U.S. auto makers General Motors and Chrysler.
General Motors fell 28.2 percent on Tuesday.
No major European and U.S. companies reporting on Wednesday.
MACRO (GMT)
0600 DE Retail Sales
0730 CH PMI
0743 IT Manufacturing PMI
0748 FR Manufacturing PMI
0753 DE Manufacturing PMI
0758 EZ Manufacturing PMI
0828 GB CBI Manufacturing PMI
0900 EZ Unemployment
1100 US Mortgage data
1130 US Layoffs
1215 US ADP Employment
1400 US ISM Manufacturing
1400 US Pending Home Sales
US Car sales, truck sales
Reuters Messaging rm:// brian.gorman.reuters.com@reuters.net
Reuters Messaging rm:// joanne.frearson.thomsonreuters.com@reuters.net
Keywords: MARKETS EUROPE STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stocks on the move Real-time Equity News
06:49GMT 01April2009
D.Logistics seen up on dividend announcement
Shares in German logistics company D.Logistics AG is indicated 3.2 percent higher in pre-market trade, after the company announces its supervisory board has accepted the management's proposal to propose a 2008 dividend of 0.07 euros per share.
'The dividend yield of almost 7 percent is remarkable. The share price of D.Logistics has already rebounded slightly over the last two weeks,' Close Brothers Seydler writes in a note.
'From technical viewpoint it would be another driver for the stock price if D. Logistics reaches new 6-month-highs, which are only a few cents away.'
For more double click on
Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net
06:32GMT 01April2009
Vivacon seen plunging on prelim FY results
Shares in German property trading company Vivacon are indicated 18 percent lower in pre-market trade after the company says it expects a net loss of 160-170 million euros ($213.2-226.5 million) for the financial year 2008.
'We see no positive sign at all,' says DZ Bank analyst Hasim Sengul, who rates the stock 'sell'.
'The equity ratio will be at 12-15 percent in our model now, and we think this makes the situation even more problematic,' Sengul says.
A Frankfurt-based trader says the Reuters consensus called for a slightly positive result in full-year 2008.
'The (company's announcement) ... should lead to some more uncertainty,' the trader says.
For more double click on
Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net
06:27GMT April12009
Vienna Insurance set to rise, plans bonus div payout
Shares in Vienna Insurance Group AG are set to rise early after the company said late on Tuesday it plans to pay a surprise bonus dividend as well as its regular payout.
'With an implied 10 percent yield, limited asset side risk and 16 percent 2008 volume growth reported, we see significant upside,' says Citigroup analyst William Elderkin in a note.
Vienna Insurance also reported a 24 percent rise in 2008 profit, boosted by growing premium income in emerging Europe.
Shares in Vienna Insurance, which have lost 10 percent this year, closed up 7.6 percent at 21.63 euros on Tuesday, before the company released its annual results.
For more double click on Reuters Messaging rm://sarah.marsh.reuters.com@reuters.net
boris.groendahl.reuters.com@reuters.net
06:21GMT 1April2009
European stock futures point to fall
European shares are set to fall on the first day of the second quarter after gaining strongly in the previous session, with world leaders set to meet at a summit in London to tackle the global financial crisis.
Futures for the Eurostoxx 50, German DAX futures and French CAC futures are down 0.7-0.8 percent.
With a very thin corporate diary, investors' focus will be on macroeconomic matters, such as the euro zone unemployment figures, due at 0900 GMT, and the G20 meeting of world leaders.
U.S. stock futures fall on a media report that U.S. President Barack Obama had determined a prepackaged bankruptcy was the best option for U.S. auto makers General Motors and Chrysler.
General Motors fell 28.2 percent on Tuesday.
No major European and U.S. companies reporting on Wednesday.
MACRO (GMT)
0600 DE Retail Sales
0730 CH PMI
0743 IT Manufacturing PMI
0748 FR Manufacturing PMI
0753 DE Manufacturing PMI
0758 EZ Manufacturing PMI
0828 GB CBI Manufacturing PMI
0900 EZ Unemployment
1100 US Mortgage data
1130 US Layoffs
1215 US ADP Employment
1400 US ISM Manufacturing
1400 US Pending Home Sales
US Car sales, truck sales
Reuters Messaging rm:// brian.gorman.reuters.com@reuters.net
Reuters Messaging rm:// joanne.frearson.thomsonreuters.com@reuters.net
Keywords: MARKETS EUROPE STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
