German stocks - Factors to watch on March 6
FRANKFURT, March 6
FRANKFURT, March 6 (Reuters) - The DAX top-30 index looked set to open 0.3 percent higher on Thursday, according to premarket data from brokerage Lang & Schwarz at 0725 GMT. The following are some of the factors that may move German stocks:
Indicated 1.3 percent lower
Deutsche Telekom's fourth-quarter earnings before interest, tax, depreciation and amortisation (EBITDA), excluding special items, rose to 4.06 billion euros, slightly below the average forecast of 4.14 billion euros in a Reuters poll.
Indicated 1 percent lower
The worlds largest maker of liquid crystals for display screens reported an unexpected slight increase in Q4 adjusted core earnings as ongoing cost cutting measures outweighed a hit from weak overseas currencies.
Indicated 0.7 percent higher
Deutsche Bank's global head of compliance, Andrew Procter, will leave to work for law firm Herbert Smith Freehills after German regulator Bafin put pressure on the bank to make changes in senior personnel.
Indicated 0.5 percent higher
The luxury car maker wants to decide by year-end whether to increase production capacities for its i3 model as advance orders for the electronic vehicle exceed expectations, Chief Executive Norbert Reithofer told daily Die Welt.
Indicated 0.7 percent higher
Final 2013 results due. The car parts maker in early January released preliminary results for 2013, with sales of 33.3 billion euros and adjusted earnings before interest and tax (EBIT) of 3.7 billion euros.
Indicated 0.8 percent higher
The publisher of Germany's top-selling daily "Bild" said it would raise its dividend to 1.80 euros per share in 2013 from 1.70 euros a year earlier, backed by expectations of rising revenues and earnings in 2014.
KLOECKNER & CO
Indicated 1.2 percent higher
Kloeckner said it was on track to return to profit this year and pay its shareholders their first dividend in four years as it slashes costs.
No indication availabe
The broadcaster posted a 6.9 percent rise in 2013 core earnings excluding special items, mainly driven by its German business.
Indicated 1 percent higher
The airline said passenger traffic, measured by the aggregate number of miles flown by its customers, rose 1.5 percent in February. The load factor slipped 3.5 percentage points to 81.7 percent as it added more long-haul routes.
Indicated 0.2 percent higher
Jungheinrich said it would propose a dividend of 0.80 euros per nominal share and 0.86 euros per preference share for 2013.
ADIDAS - Citigroup cuts to "neutral" from "buy"
WACKER CHEMIE - Nomura raises to "buy" from "neutral"
INDEX CHANGES AS OF MARCH 24:
IN: MANZ AG
OUT: ADVA AG
IN: SURTECO, CAPITAL STAGE
OUT: H&R AG, VTG AG
OVERSEAS STOCK MARKETS
Dow Jones -0.2 pct, S&P 500 pct, Nasdaq -0.1 pct at Wednesday's close.
Nikkei +1.6 pct at Thursday's close.
GERMAN ECONOMIC DATA
January industrial orders expected at 1100 GMT. Seen up 0.7 percent.
EUROPEAN FACTORS TO WATCH
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