FRANKFURT Dec 7 The DAX top-30 index
looked set to open 0.2 percent higher on Friday, according to
premarket data from brokerage Lang & Schwarz at 0709 GMT.
The following are some of the factors that may move German
Indicated 0.9 percent lower
Deutsche Telekom late Thursday said it will cut dividends
for the next two years by almost a third, as investments at home
and in the United States, where it has been losing market share,
eat away cash.
Its T-Mobile USA unit also announced a deal to sell the
iPhone in 2013 and ditch phone subsidies.
Indicated 0.2 percent lower
BMW of North America will recall 29,800 X5 utility vehicles
with diesel engines to replace an engine part that could break
and cause a loss of power steering, federal safety officials
Indicated 0.1 percent higher
The cable company said on Thursday Germany's cartel office
has expressed concerns about its planned acquisition of rival
OVERSEAS STOCK MARKETS
Dow Jones up 0.3 pct, S&P 500 up 0.3 pct,
Nasdaq up 0.5 pct at Thursday's close.
Nikkei down 0.2 pct at Friday's close.
GERMAN ECONOMIC DATA
German industrial output for October due at 1100 GMT, seen
down 0.5 percent m/m.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS
(Reporting by Edward Taylor, Victoria Bryan and Andreas