German stocks - Factors to watch on November 11

FRANKFURT Mon Nov 11, 2013 12:57am EST

Related Topics

FRANKFURT Nov 11 (Reuters) - The following are some of the factors that may move German stocks on Monday:

DEUTSCHE TELEKOM

Deutsche Telekom on Sunday said it had bought GTS Central Europe for 546 million euros ($729 million) in a deal which hands the German telecom operator a fibre optic fixed-line and infrastructure business in Eastern Europe.

Related news

DAIMLER

Daimler executives are under investigation on suspicion of "granting undue advantage" to Eckart von Klaeden after Chancellor Angela Merkel's former aide joined the carmaker as a lobbyist, the Berlin prosecutor's office said on Friday.

Related news

DEUTSCHE BOERSE

An influential regional leader in Chancellor Angela Merkel's conservative party said he does not believe a financial transaction tax (FTT) will be enacted in Germany even though coalition negotiators have agreed to push for the tax.

Related news

DEUTSCHE BANK

German companies need to diversify their funding as the implementation of new bank safety rules makes it harder for banks to provide loans, Deutsche Bank co-Chief Executive Juergen Fitschen told Germany's Boersen Zeitung.

Angela Merkel's conservatives and the Social Democrats (SPD) have struck a deal on the contours of a European banking union under which a body attached to European finance ministers, not the European Commission, would decide when to close failing banks.

Related news

BASF

German Chancellor Angela Merkel's conservatives and the centre-left Social Democrats have agreed in coalition talks to put a moratorium on fracking for shale gas, lowering the chance that BASF's oil and gas arm Wintershall can assess the potential of shale gas in Germany.

BASF chief executive Kurt Bock said German jobs could be lost if the chemicals giant has to start paying electricity grid fees to shift the burden of funding a renewable energy infrastructure to large companies.

Related news

GAGFAH

German real estate group Gagfah aims to return to paying dividends, with a payout planned for financial year 2014, chief financial officer Gerald Klinck told weekly paper Boersen-Zeitung.

Related news

KABEL DEUTSCHLAND

The cable provider that is being taken over by Vodafone is due to release final results for its fiscal second quarter.

Related news

DEUTSCHE EUROSHOP

Chief financial officer Olaf Borkers told Frankfurter Allgemeine Zeitung the real estate company was mulling a dividend hike. For 2012, the company paid a dividend of 1.20 euros a share.

Related news

OVERSEAS STOCK MARKETS

Dow Jones +1.1 pct, S&P 500 +1.3 pct, Nasdaq +1.6 pct at Friday's close.

Nikkei +1.2 pct at 0550 GMT.

GERMAN ECONOMIC DATA

EUROPEAN FACTORS TO WATCH

DIARIES

REUTERS TOP NEWS

FILED UNDER: