FRANKFURT Dec 20 The DAX top-30 index looked set to open 0.2 percent lower on Thursday, according to premarket data from brokerage Lang & Schwarz at 0716 GMT. The following are some of the factors that may move German stocks:
Indicated 0.2 percent higher
IntercontinentalExchange Inc is in talks to buy NYSE Euronext, the operator of the New York Stock Exchange, according to a source familiar with the situation.
Indicated 0.4 percent lower
An Italian court on Wednesday found Deutsche Bank, among others, guilty of fraud for mis-selling derivatives to Milan that could set a precedent for hundreds of local governments to pursue.
Indicated 0.3 percent lower
VW's commercial vehicles division is aiming for "annual growth of 4-5 percent on average" VW board member responsible for that business, Leif Oestling, told Handelsblatt newspaper.
Indicated 0.1 percent lower
Australian bank Macquarie has bought a stake in Czech gas grids owned by RWE, which expects the transaction to close in the first quarter. RWE will receive a cash component as part of the deal but did not give any financial details.
Indicated 0.2 percent lower
The flavour and fragrances maker has signed a joint research and devleopment deal with Probi AB of Sweden. It said it may increase its 14.97 percent stake in Probi further.
The media conglomerate will use organic means and acquisitions to grow its digital business, strategy chief Thomas Hesse told Sueddeutsche Zeitung. He added the group would be interested in any bits of EMI that came onto the market.
The industrial group does not expect the economic backdrop to get any easier in 2013, CEO Volkmar Denner told FAZ in an interview. He added no decision has yet been made on the solar division.
OVERSEAS STOCK MARKETS
Dow Jones -0.7 pct, S&P 500 -0.8 pct, Nasdaq -0.3 pct at Wednesday's close.
Nikkei -1.2 pct at Thursday's close.
GERMAN ECONOMIC DATA
Nov import prices unchanged m/m, +1.1 pct y/y.
Nov producer prices -0.1 pct m/m, +1.4 pct y/y.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS (Reporting by Jonathan Gould and Victoria Bryan)