European Factors to Watch-Shares seen opening higher

viernes 25 de septiembre de 2015 01:31 GYT
 

(Adds company news items)
    LONDON, Sept 25 (Reuters) - European stocks were seen opening higher on
Friday, although the region's major indexes could still end the week with a loss
following blows dealt to the market this week by an emissions test debacle at
Volkswagen and new signs of a slowdown in China.
    The prospect of a U.S interest rate rise has also weighed on equity markets,
and Federal Reserve head Janet Yellen said late on Thursday that she expects the
U.S. central bank to begin raising interest rates later this year as long as
inflation remains stable and the U.S. economy is strong enough to boost
employment. 
    Financial spreadbetters expected Britain's FTSE 100 to open up by
59-69 points, or 1-1.2 percent higher. Germany's DAX was seen opening
up by 119-143 points, or 1.3-1.5 percent higher, while France's CAC 40 
was seen up by 53 points, or 1.2 percent higher.
    Volkswagen shares will be in focus again in the wake of the
company's U.S. emissions test rigging scandal. 
    Volkswagen will name Matthias Mueller, the head of its Porsche sports car
brand, as its chief executive, a source close to the matter said on Thursday.
California was also preparing a major enforcement action against Volkswagen over
its admitted cheating on tailpipe emissions tests.  
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 MARKET SNAPSHOT AT 0521 GMT                                
                                           LAST    PCT CHG  NET CHG
 S&P 500                               1,932.24    -0.34 %    -6.52
 NIKKEI                               17,759.53     1.07 %    187.7
                                                                   
 EUR/USD                                 1.1165    -0.57 %  -0.0064
 USD/JPY                                 120.25     0.16 %   0.1900
 10-YR US TSY                             2.143         --     0.02
 YLD                                                        
 10-YR BUND YLD                           0.604         --     0.01
 SPOT GOLD                            $1,147.00    -0.57 %   -$6.62
 US CRUDE                                $45.26     0.78 %     0.35
 
  > Asian shares erase gains, dollar gains as Yellen revives rate talk
 
  > US STOCKS-Wall St ends lower as Caterpillar, health stocks weigh 
  > Nikkei edges down after weak inflation data, China woes 
  > TREASURIES-U.S. bonds rise on stock losses, economic worries 
  > FOREX-Dollar rebounds after Yellen keeps alive 2015 Fed rate hike view
 
  > PRECIOUS-Gold dips as Yellen says Fed on track to hike rates this year
 
  > METALS-London copper eyes largest weekly drop in two months 
  > Oil prices stable as firm Chinese seasonal demand offsets weak Japan data 
 
    
    COMPANY NEWS:
    ACCOR :
    The French hotel group is considering the possibility of transfering some 80
hotels in a new entity in which it would hold a minority stake, according to Les
Echos newspaper.
    
    ADIDAS :
    Nike Inc's first-quarter profits outpaced expectations as
surprisingly steep China growth boosted the world's largest sportswear maker,
despite fears of a slowdown in the world's second-biggest economy. Nike is a
major rival of Adidas. 
    
    BAYER :
    Dozens of women urged the U.S. Food and Drug Administration on Thursday to
withdraw Bayer AG's permanent contraceptive device, Essure, saying
not enough is known about its potential to harm users. 
    
    HELLA :
    The company kept its outlook for lower operating profit in its fiscal
2015/16 year due to the failure of a supplier in China. 
    
    MERCK :
    Merck and Pfizer signed an agreement with agilent technologies
company Dako, to cooperate on the development of the investigational anti-PD-L1
antibody Avelumab.
    
    NOVARTIS :
    Novartis said the heart drug Entresto had been backed by the EU regulator.
 
    
    ROTHSCHILD/PARIS ORLEANS :
    Private bank and asset manager the Edmond de Rothschild Group said on
Thursday it would press ahead with legal action against a rival branch of the
banking dynasty over use of the Rothschild name. Shareholders in the rival
business, whose holding company is known as Paris Orleans, voted on
Thursday to change that name to Rothschild & Co with immediate effect.
 
        
    VOLKSWAGEN :
    Volkswagen will name Matthias Mueller, the head of its Porsche sports car
brand, as its chief executive, a source close to the matter said on Thursday.
California was also preparing a major enforcement action against Volkswagen over
its admitted cheating on tailpipe emissions tests.  

 (Reporting by Sudip Kar-Gupta)