BERLIN/FRANKFURT, Jan 15 (Reuters) - The following are some of the factors that may move German stocks on Wednesday:
Bankrupt California power producer PG&E is nearing a deal with creditors led by Allianz’s Pacific Investment Management (Pimco) and Elliott Management that would entitle them to a mix of equity and new debt, Bloomberg reported.
December traffic figures due
Christmas trading statement due
DEUTSCHE BETEILIGUNGS AG
The investment company said it anticipated a result of valuation and disposal in a range between 0 and -5 million euros for its fiscal Q1 (versus -23.9 million euros a year ago).
Extraordinary general meeting due for preparing conversion to Societas Europaea (SE)
DWS - Jefferies initiates coverage with “hold” rating, 33 eur target price
OVERSEAS STOCK MARKETS
Dow Jones +0.1%, S&P 500 -0.2%, Nasdaq -0.2% at close.
Nikkei -0.6%, Shanghai stocks -0.7%.
Time: 5:11 GMT
* German 2019 GDP growth data due at 0900 GMT, seen +0.6%
REUTERS TOP NEWS (Reporting by Berlin Speed Desk and Frankfurt Newsroom)
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