BERLIN/FRANKFURT, Feb 4(Reuters) - The following are some of the factors that may move German stocks on Thursday:
CORONAVIRUS The number of confirmed coronavirus cases in Germany increased by 14,211 to 2,252,001, data from the Robert Koch Institute (RKI) for infectious diseases showed on Thursday. The reported death toll rose by 786 to 59,742, the tally showed.
Germany's ruling coalition parties on Wednesday agreed a batch of additional measures to support those hit hard financially by the COVID-19 pandemic, including a child benefit bonus and an extension to reduced sales tax for the restaurant sector.
BAYER BAYGn.DE The chemicals group struck a $2 billion deal on Wednesday to resolve a class action of future claims relating to allegations that its widely used weedkiller Roundup causes cancer, according to U.S. attorneys.
COMMERZBANK CBKG.DE The lender's Chief Executive Manfred Knof on Wednesday finalised plans to cut 10,000 jobs and close hundreds of branches, a radical overhaul that came a month after he took the reins of Germany's No. 2 bank.
DELIVERY HERO DHER.DE The online takeaway food company said on Wednesday it will have to take an impairment of up to 1.4 billion euros ($1.7 billion) on its takeover of South Korean food delivery app owner Woowa Brothers.
DAIMLER DAIGn.DE The carmaker said on Wednesday it plans to spin off Daimler Truck, the world's largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business, sending its shares up nearly 9%.
CANCOM COKG.DE The company expects 2020 EBITDA to rise to around 123.1 million Euros from 119.3 million euros, a year earlier.
SIEMENS SIEGn.DE Siemens chairman Jim Hagemann Snabe has been re-elected for another four year stint as chairman of the German engineering company's supervisory board.
HOME24 H24.DE The company said its unit Mobly had set a final offer price for its initial public offering (IPO) at 21 Brl per share.
INFINEON IFXGn.DE First-quarter results due
DEUTSCHE BANK DBKGn.DE Full-year results due
COMPUGROUP COP1n.DE Fourth-quarter results due
DWS DWSG.DE Full-year results due
HAMBORNER REIT HABG.DE Full-year results due
VERBIO VBKG.DE First-half year results due
EX-DIVIDEND SIEMENS SIEGn.DE - 3.50 euros/shr dividend
ANALYSTS' VIEWS
- DAIMLER AG DAIGn.DE : JEFFERIES RAISES PRICE TARGET TO EUR 83 FROM EUR 70, JP MORGAN RAISES TARGET PRICE TO EUR 75 FROM EUR 69
- FRESENIUS SE FREG.DE : DEUTSCHE BANK CUTS TO HOLD FROM BUY
- FMC AG FMEG.DE : DEUTSCHE BANK CUTS TO HOLD FROM BUY, CREDIT SUISSE CUTS TARGET PRICE TO EUR 62 FROM EUR 74
- SIEMENS AG SIEGn.DE : JP MORGAN RAISES TARGET PRICE TO EUR 153 FROM EUR 137
- PROSIEBENSAT 1 MEDIA SE PSMGn.DE : CREDIT SUISSE RAISES TARGET PRICE TO EUR 8 FROM EUR 6.5
OVERSEAS STOCK MARKETS Dow Jones .DJI +0.1%, S&P 500 .SPX +0.1%, Nasdaq .IXIC unchanged at close.
Nikkei .N225 -0.9%, Shanghai stocks .SSEC -1.2%.
Time: 5:16 GMT
ECONOMY No major German economic data scheduled.
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