German stocks - Factors to watch on March 31

Tue Mar 31, 2009 1:25am EDT
 
[-] Text [+]
    FRANKFURT, March 31 (Reuters) - Factors that may move German 
stocks on Tuesday: 
 
    DEUTSCHE BANK  
    The credit crisis is "far from over", Deutsche Bank's chief 
risk officer Hugo Baenziger said late on Monday. [nWEA5077] 
 Related news [DBKGn.DE-E] 
 
    SIEMENS  
    Siemens plans to cut business relations with 20 percent of 
its suppliers this year to gain flexibility, the company's head 
of procurement Barbara Kux told the Frankfurter Allgemeine 
Zeitung newspaper. [IDn:nLU59722] 
    Related news [SIEGn.DE-E] 
 
    MAN AG  
    South Korea's STX Heavy Industries won a $172.4 million 
order to provide diesel power generation equipment to MAN 
Diesel. [nSEO171901] 
    Related news [MANG.DE-E] 
     
    DEUTSCHE TELEKOM  
    The EU reached a draft deal on a sweeping reform of the 
bloc's telecoms rules to increase competition and drive down 
prices for consumers. [nLU248394] 
    Related news [DTEGn.DE-E] 
 
    PORSCHE  
    H1 results. Pre-tax profit seen at 3.65 billion euros. 
[nLP270913] 
    Related news [PSHG_p.DE-E] 
     
    KLOECKNER & CO  
    Kloeckner reported a 2008 net profit of 384 million euros, 
below market expectations, and said it expected a clear fall in 
earnings this year. [nWEA5087] [nLU323708] [nLS664040] 
    Related news [KCOGn.DE-E] 
 
    INFINEON  
    Intel  has unveiled its newest and most powerful 
family of microprocessors, the Xeon, announcing more than 70 
customers for a more energy-efficient chip targeted at an 
increasingly crowded server market. [nN30372671] 
    Related news [IFXGn.DE-E] 
 
    MEDIGENE  
    FY 2008 results. EBIT loss of 33.0 million euros expected, 
according to Reuters Estimates. 
    Related news [MDGGn.DE-E] 
 
    ALSTRIA OFFICE  
    FY 2008 results. Pretax profit seen at 33.7 million euros, 
according to Reuters Estimates. (Preliminary results released 
Feb. 2 [nL2202750]) 
    Related news [AOXG.DE-E] 
     
    REPOWER  
    Indian wind turbine maker Suzlon Energy  will use 
cash and debt to buy a stake in its REpower unit from Portugal's 
Martifer , Chairman Tulsi Tanti said. [nBOM423244] 
    Related news [RPWGn.DE-E] 
     
    OVERSEAS STOCK MARKETS 
    Dow Jones <.DJI> -3.3 pct, S&P 500 <.SPX> -3.5 pct, Nasdaq 
<.IXIC> -2.8 pct. [nN30361535] 
    Nikkei <.N225> +0.9 pct. [nT227609] 
     
    AUTO INDUSTRY 
 U.S. President Barack Obama ordered General Motors  
and Chrysler LLC to accelerate their survival efforts and brace 
for possible bankruptcy, saying neither company had done enough 
to justify the taxpayer money they were seeking. [nN29520526] 
    Fiat  and Chrysler have a framework for an alliance 
and a U.S. government blessing and now must race to tie up 
crucial agreements with debt holders and unions to make it a 
reality. [nN30344151] 
    See also [nN30358503] [nN30363950] [nN30336914] 
     
    G20 MEETING 
    Leaders of the Group of 20 old and new powers will commit 
this week to pursuing economic policies that do not hurt each 
other's prospects with protectionism or currency devaluations, 
according to a draft G20 statement. [nLA715782] 
[nLI118029] 
 
    GERMAN ECONOMIC DATA 
    March unemployment due at 0800 GMT. Seen at 3.534 
million/8.0 pct.   
 
    European Factors to watch [WATCH/EU] 
    Diaries [DE/DIA] [WEU/EWQUITY] 
    Reuters Top News [nTOPNEWS] 
 
 (Reporting by Ludwig Burger and Peter Starck) 
 ((peter.starck@thomsonreuters.com; +49 69 7565 1217; Reuters 
Messaging: peter.starck.reuters.com@reuters.net)) 
    Keywords: MARKETS GERMANY STOCKS =3 FRANKFURT 
    
 
(C) Reuters 2009.  All rights reserved.  Republication or redistribution of
Reuters content, including by caching, framing or similar means, is expressly
prohibited without the prior written consent of Reuters. Reuters and the Reuters
sphere logo are registered trademarks and trademarks of the Reuters group of
companies around the world.



nLU426978
WATCH/DE

 

Featured Broker sponsored link