FRANKFURT, March 27 The DAX top-30 index
looked set to open 0.3 percent higher on Wednesday,
according to premarket data from brokerage Lang & Schwarz at
The following are some of the factors that may move German
Indicated 0.5 percent higher
Germany's Allianz said on Wednesday it agreed to buy
insurance business Yapi Kredi Sigorta from Turkish
lender Yapi Kredi Bank.
Indicated 0.6 percent higher
John Legere, the chief executive of T-Mobile USA, said he
expects shareholders to approve the company's plan to merge with
MetroPCS Communications Inc.
Separately, T-Mobile USA said it will start selling Apple
Inc's iPhone on April 12, making it the last of the big
national U.S. operators to sell the popular smartphone.
Indicated 0.2 percent higher
The family-controlled drugmaker said it replaced a 2 billion
euro syndicated loan facility to secure long-term
Indicated 0.2 percent lower in Frankfurt
French conglomerate Lagardere will sell its entire
7.5 percent stake in European aerospace group EADS before
summer, daily newspaper Les Echos reported, citing Lagardere's
Separately, EADS said Spain plans to sell 1.15 percent of
the company as it switches to a new corporate structure.
Indicated 0.3 percent higher
2012 annual report due. Fraport already released key figures
on March 12.
Indicated 2.1 percent higher
The port logistics company said it would pay an unchanged
dividend of 0.65 euros per share and said it expected its 2013
operating profit to come to between 155 million and 175 million
Indicated 2.5 percent lower
Germany's top solar company said its profits and dividend
more than halved last year, as cheaper Asian rivals hurt prices
and margins for its key products.
Indicated 15.6 percent lower
The real estate company said it was postponing its annual
shareholders' meeting to work out a new financing plan.
OVERSEAS STOCK MARKETS
Dow Jones +0.8 pct, S&P 500 +0.8 pct, Nasdaq
+0.5 pct at Tuesday's close.
Nikkei +0.2 pct at Wednesday's close.
GERMAN ECONOMIC DATA
Consumer morale in Germany, Europe's largest economy, was
stable heading into April but developments in crisis-stricken
Cyprus could hit confidence going forward, market research group
GfK said on Wednesday.
Import prices for February +0.3 pct m/m, -0.8 pct y/y. Were
seen +0.2 pct m/m and -1.6 pct y/y.
VDMA German Plant Machinery Association due to release
orders for February at 0900 GMT.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS
(Reporting by Marilyn Gerlach, Ludwig Burger and Christoph