February 12, 2013 / 5:56 AM / 5 years ago

German stocks - Factors to watch on February 12

FRANKFURT, Feb 12 (Reuters) - The following are some of the factors that may move German stocks on Tuesday:

THYSSENKRUPP

The company is due to publish fiscal first-quarter results on Tuesday. The average of eight estimates in a Reuters poll showed the market expects earnings before interest and taxes (EBIT) of 220 million euros ($294 million) excluding special items euros.

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DAIMLER

The European Commission sees “no grounds” to give German vehicle makers more time to comply with EU law requiring a less polluting coolant to be used in vehicle air-conditioning, a letter seen by Reuters said, despite safety concerns cited by Daimler.

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PORSCHE SE

German prosecutors have extended an ongoing probe into market manipulation to include several members of the holding’s supervisory board.

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SOFTWARE AG

Germany’s second largest software maker will start buying back shares worth up to 180 million euros commencing Tuesday, the company said late on Monday.

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OVERSEAS STOCK MARKETS

Dow Jones -0.2 pct, S&P 500 -0.1 pct, Nasdaq -0.1 pct at Monday’s close.

Nikkei +2.3 pct at 0554 GMT.

EUROPEAN FACTORS TO WATCH

DIARIES

REUTERS TOP NEWS ($1 = 0.7474 euros) (Reporting by Christiaan Hetzner and Christoph Steitz)

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