German stocks - Factors to watch on March 25

FRANKFURT, March 25 (Reuters) - The DAX top-30 index
<.GDAXI> looked set to open 0.7 percent lower on Wednesday,
according to pre-market data from brokers at 0717 GMT.
The following are some of the factors that may move German
stocks on Wednesday (share price indications at 0717 GMT):

SIEMENS
Indicated 2.6 percent lower
German engineering group Siemens is feeling the pinch from
the global economic slump and will review its profit forecast by
the time it reports quarterly results next month, its chief
executive told a newspaper. [nLP582626]
Related news [SIEGn.DE-E]

DAIMLER
Indicated 0.8 percent lower
It does not make sense to prolong government incentives to
boost car sales, Daimler CEO Dieter Zetsche tells Hamburger
Abendblatt newspaper. He also speaks against government support
for Opel given the lack of clear prospects for the company
independent of parent GM .
Related news [DAIGn.DE-E]

PORSCHE , VW
Indicated 0.8 percent higher
Porsche has secured a last-minute deal to refinance a 10
billion euro ($13.63 billion) loan, helped by bringing in banks
that have not lent to it before. [nLP632598]
Related news [PSHG_p.DE-E]

ALLIANZ
Indicated 1.6 percent lower
Credit rating agency Standard & Poor's said it may downgrade
a catastrophe bond sponsored by a unit of German insurer Allianz
because of losses from 2008 hurricanes Gustav and Ike.
[nLO070111]
Related news [ALVG.DE-E]

VW
Indicated 0.3 percent lower
Annual presser of the company's Commercial Vehicles unit at
1000 GMT.
Related news [VOWG.DE-E]

DEUTSCHE TELEKOM
Indicated 0.1 percent lower
T-Mobile USA plans to double its high-speed wireless network
coverage to reach a potential 200 million wireless users by the
end of 2009 as it looks to catch up with rival services.
Related news [DTEGn.DE-E]

HOCHTIEF
Indicated 3.4 percent higher
Germany's largest builder expects stable earnings in 2009
as its record order backlog will help the company sail through
the economic slump. [nLP592219] [nL0322386] [nLP685167]
Related news [HOTG.DE-E]

TUI
Indicated 1.2 percent lower
It swung to a 2008 net loss after minorities of 121.3
million euros, below the analyst consensus of 95 million. Annual
news conference at 0900 GMT. [nFRK013172] [nLN727090]
Separately, TUI itself wants to take a 20 percent stake in
Air Berlin , rather than through TUI Travel , the
Hannoversche Allgemeine Zeitung reports.
Related news [TUIGn.DE-E]

KUKA
Indicated unchanged
The robot maker and its new big shareholder Grenzebach are
on collision course after Kuka's invitation to its annual
shareholders meeting proposes no changes to its supervisory
board, Handelsblatt reports, citing a Grenzebach spokesman as
saying it had expected to get two seats.
Related news [KU2G.DE-E]

RHEINMETALL
Indicated 0.3 percent higher
Annual news conference at 0900 GMT.
Related news [RHMG.DE-E]

GAGFAH
Indicated 5.3 percent higher
The company said its 2008 funds from operations (FFO) came
in at 200 million euros, marginally above the Reuters survey of
196 million. Phone conference at 1200 GMT. [nEQgakiyco]
Related news [GFJG.DE-E]

IVG
Indicated 3.4 percent higher
Annual news conference at 0900 GMT.
Related news [IVGG.DE-E]

PFEIFFER VACUUM
Indicated 4.4 percent higher
The company said its 2008 net profit came in at 38 million
euros, just above the average forecast in a Reuters poll.
[nHUGBUYJBa] [nLK942452]
Related news [PV.DE-E]

MEDION
Indicated unchanged
Annual news conference.
Related news [MDNG.DE-E]

MPC CAPITAL
Indicated 4.9 percent lower
The company said it posted a 2008 EBIT loss of 87 million
euros, while sales came in at 122.4 million.
Related news [MPCG.DE-E]

LOEWE
Indicated 1.3 percent lower
Annual news conference at 0830 GMT.
Related news [LOEG.DE-E]

TAKKT
Indicated 0.6 percent lower
Annual press conference at 0830 GMT.
Related news [TTKG.DE-E]

PATRIZIA IMMOBILIEN
Indicated 7.4 percent higher
The company said its EBIT in accordance with IFRS dropped to
64.1 million euros in 2008 from 111 million in the previous
year. Annual press conference at 1030 GMT. [nEQlfnnycf]
Related news [P1ZGn.DE-E]

WAVELIGHT
Indicated 0.9 percent lower
Annual news conference at 1000 GMT.
Related news [WLTG.DE-E]

GPC BIOTECH
Indicated 1.0 percent higher
Annual news conference at 1300 GMT.
Related newsv [GPCG.DE-E]

BALDA
Indicated unchanged
The company said 2008 revenue increased to 238 million euros
up from 214 million, and aims for a at least balanced result in
2009. Annual news conference at 0900 GMT. [nEQhsnnzwa]
Related news [BADG.DE-E]

MEDICLIN
Indicated 2.5 percent higher
2008 FY results, annual news conference at 0930 GMT.
Related news [MEDG.DE-E]

BANKS
German banks ought to be able to start moving toxic assets
off their balance sheets soon, Bundesbank President Axel Weber
was quoted by a German newspaper as saying. [nLO550119]
Related news [DE-BNK-LEN]

OVERSEAS STOCK MARKETS
Dow Jones <.DJI> -1.5 pct, S&P 500 <.SPX> -2 pct, Nasdaq
<.IXIC> -2.4 pct. [nN24363429]
Nikkei <.N225> -0.1 pct. [nT325718]

GERMAN ECONOMIC DATA
Ifo business climate for March due 1000 GMT, seen at 82.2,
down from 82.6 in February.

GERMAN ECONOMY
The German economy could shrink by 4.5 percent this year and
unemployment could rise by one million, according to a report
quoting government sources by the Sueddeutsche Zeitung
newspaper. [nLO280222]
[DE-ECI-LEN]

European Factors to watch [WATCH/EU]
Diaries [DE/DIA] [WEU/EWQUITY]
Reuters Top News [nTOPNEWS]

(Reporting by Jonathan Gould and Christoph Steitz)
((christoph.steitz@thomsonreuters.com; +49 69 7565 1269; Reuters
Messaging: christoph.steitz.reuters.com@reuters.net))
Keywords: MARKETS GERMANY STOCKS =4 FRANKFURT

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