October 19, 2018 / 4:45 AM / a month ago

German stocks - Factors to watch on Oct. 19

BERLIN, Oct 19 (Reuters) - The following are some of the factors that may move German stocks on Friday:

FRESENIUS SE

Akorn has appealed to a court ruling allowing German healthcare group Fresenius to walk away from its $4.75 billion takeover of Akorn in the United States.

VOLKSWAGEN

Volkswagen’s Porsche brand does not need a stock market listing to fund growth, Chief Executive Oliver Blume said, adding he was confident the maker of the iconic 911 sportscar can repeat last year’s record sales in 2018.

THYSSENKRUPP

U.S. software maker Microsoft aims to deepen its cooperation with Thyssenkrupp, Microsoft Germany’s managing director Thorsten Herrmann told Westdeutsche Allgemeine Zeitung.

COMMERZBANK

The German lender is scrapping individual bonus payments for most of its employees in a review of its compensation scheme, Handelsblatt reported, citing documents it obtained.

SOFTWARE AG

Q3 results due. Net income seen up 17 percent. Poll:

OVERSEAS STOCK MARKETS

Dow Jones -1.3 pct, S&P 500 -1.4 pct, Nasdaq -2.1 pct at close.

Nikkei -1 pct, Shanghai stocks unchanged.

Time: 4:44 GMT.

GERMAN ECONOMIC DATA

No economic data scheduled.

DIARIES

REUTERS TOP NEWS (Reporting by Berlin Speed Desk)

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