German stocks - Factors to watch on May 12
FRANKFURT, May 12 (Reuters) - The DAX top-30 index .GDAXI looked set to open 0.8 percent lower on Tuesday, according to pre-market data from brokers at 0635 GMT.
Factors that may move German stocks on Tuesday:
DEUTSCHE BANK (DBKGn.DE)
Indicated 1.9 percent lower
Huntsman Corp (HUN.N) said a Texas court cleared the way for the chemical maker to go forward with a multibillion dollar suit against Credit Suisse (CSGN.VX) and Deutsche Bank stemming from its failed takeover by Apollo Management's Hexion Specialty Chemicals unit. [ID:nN11150193]
Related news [DBKGn.DE-E]
DEUTSCHE BOERSE (DB1Gn.DE)
Indicated 0.5 percent lower
Deutsche Boerse reported Q1 EBITA of 312 million euros, above market expectations. [ID:nLB251465] [ID:nLB142777] [ID:nN11546201]
Related news [DB1Gn.DE-E]
VOLKSWAGEN (VOWG.DE), PORSCHE (PSHG_p.DE)
VW indicated 0.3 percent lower
Porsche indicated 0.6 percent lower
Volkswagen should integrate majority shareholder Porsche in any future merger, VW Chairman Ferdinand Piech said. [ID:nFAB013105] Continued...
