BERLIN/FRANKFURT, July 23 (Reuters) - The following are some of the factors that may move German stocks on Tuesday:
The German auto supplier cut its 2019 outlook, citing expectations for a decline in global vehicle production and unanticipated changes in consumer demand for some products.
The European Union is keen to work with Washington to reform the World Trade Organization and cooperate on common challenges to global trade, but will retaliate if Washington makes good on its threat to raise car tariffs, a top EU official said.
Management board member Karl von Rohr may give up his role overseeing human resources, Handelsblatt reported.
The group said that it was revising down its earnings forecast for 2019 because the woodworking machinery and systems division is seeing a decline in business with the furniture industry.
H1 results due
Fiscal Q3 results due
The company announced the appointment of Joanne Curin to its board of directors.
The isotope technology provider increased its full-year profit forecast to 4.00 euros per share from 3.50 euros after reporting revenues and earnings that were “significantly higher than expected”.
The company downgraded its outlook, citing a slowdown in the economy and a “significant downturn” in the forklift truck market.
DEUTSCHE LUFTHANSA - Credit Suisse cuts to “neutral” from “outperform”
Dow Jones +0.1%, S&P 500 +0.3%, Nasdaq +0.7% at close.
Nikkei +1.1 pct, Shanghai stocks +0.1%.
Time: 4:27 GMT
No major German economic data scheduled
REUTERS TOP NEWS (Reporting by Berlin Speed Desk and Frankfurt Newsroom)