- British Prime Minister seeks answers after soldier hacked to death |
- Global shares sink on U.S. stimulus pullback, Chinese growth fears
- RPT-Ford to close Australia auto plants
- British soldier hacked to death in suspected Islamist attack
- China factory activity shrinks for first time in seven months: flash PMI |
German stocks - Factors to watch on March 6
FRANKFURT, March 6 |
FRANKFURT, March 6 (Reuters) - The DAX top-30 index looked set to open unchanged on Wednesday, according to premarket data from brokerage Lang & Schwarz at 0727 GMT.
The following are some of the factors that may move German stocks:
Daimler CEO Zetsche urged his top brass not to be distracted by a management reshuffle and to focus on competitors like Volkswagen instead.
Indicated 0.1 percent lower
Deutsche Bank has rejigged its global leveraged debt capital markets team, according to an internal memo seen by IFR on Tuesday.
Indicated 2.2 percent higher
The maker of washing powder and shampoos said it expected earnings to rise to another record this year after reporting its highest-ever profit in 2012, driven by emerging markets and cost controls.
ThyssenKrupp indicated 0.2 percent higher
Salzgitter indicated 1.0 percent lower
Steel workers in north west Germany will receive a 3 percent wage rise from March 1 2013, trade union IG Metall and employers agreed in the early hours of Wednesday after 10 hours of talks.
Indicated 3.1 percent lower
The German publisher said on Wednesday it expected a significant drop in 2013 adjusted earnings per share as investments will weigh on results.
KLOECKNER & CO
Indicated 0.3 percent higher
The steel distributor said its new shareholder Albert Knauf backed management's strategy of expanding in the United States and restructuring in Europe as it reported a loss for 2012.
Indicated 0.2 percent lower
The airline airline said passenger numbers fell 11.9 percent to 1.80 million in February as it cut capacity by 12.2 percent.
Indicated 15.9 percent lower
IVG late on Tuesday reported a net loss of 98.7 million euros for 2012, thanks to valuation adjustments. It said it expects to pay no dividend for 2012.
INDEX CHANGES AS OF MARCH 18:
IN: TELEFONICA DEUTSCHLAND
OVERSEAS STOCK MARKETS
Dow Jones +0.9 pct, S&P 500 +1 pct, Nasdaq +1.3 pct at Tuesday's close.
Nikkei +2.1 pct at Wednesday's close.
ALSTRIA OFFICE REIT - JP Morgan cuts the stock to "neutral" from "overweight".
GSW IMMOBILIEN - Societe Generale starts the stock with a "buy" rating and a 35 euro price target.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS ($1 = 0.7677 euros) (Reporting by Edward Taylor and Peter Dinkloh)
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