German stocks - Factors to watch on November 13

Fri Nov 13, 2009 1:36am EST
 
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FRANKFURT, Nov 13 (Reuters) - The following are some of the factors that may move German stocks on Friday:

PORSCHE SE (PSHG_p.DE)

The automotive holding company proposed to pay a symbolic dividend of 0.05 euros per preferred share after relying on 1 billion euros of retained earnings to post a tiny fiscal year net profit. [ID:nLC548112]

Related news [PSHG_p.DE-E]

DAIMLER (DAIGn.DE)

Chief Executive Dieter Zetsche said it would take at least until 2012 before the U.S. car market returns to levels seen prior to the global financial crisis. [ID:nN12421935]

Related news [DAIGn.DE-E]

MAN (MANG.DE), ALLIANZ (ALVG.DE), HEIDELBERG (HDDG.DE)

Manroland, Germany's second largest printing press maker said its two owners, Allianz and MAN, would replace all its debt with equity. [ID:nLC576090]

Related news [HDDG.DE-E]

IPOs, MEDIA AND CABLE OPERATORS

John Malone's media conglomerate, Liberty Media, is close to acquiring the second-largest German cable network company, Unitymedia, meaning all plans will be scrapped this week for an initial public offering. [nLC565792]   Continued...