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CORRECTED-German stocks - Factors to watch on May 3
May 3, 2013 / 5:01 AM / 4 years ago

CORRECTED-German stocks - Factors to watch on May 3

(Corrects to remove erroneous reference to Morphosys poll estimates)

FRANKFURT, May 3 (Reuters) - The following are some of the factors that may move German stocks on Friday:

ADIDAS

Q1 results due. The sports apparel group is expected to report its quarterly operating profit rose 2.9 percent to 421 million euros ($550 million). Poll:

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CONTINENTAL AG

Q1 results due. The auto supplier is expected to report its quarterly adjusted earnings before interest and tax (EBIT) fell 9.1 percent to 795 million euros. Poll:

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SKY DEUTSCHLAND

Q1 key-results due.

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MORPHOSYS

Q1 results due.

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TELEFONICA DEUTSCHLAND

Q1 results due.

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ANNUAL GENERAL MEETINGS

E.ON - 1.10 eur/shr dividend proposed

MTU AERO - 1.35 eur/shr dividend proposed

SOFTWARE AG - 0.46 eur/shr dividend proposed

OVERSEAS STOCK MARKETS

Dow Jones +0.9 pct, S&P 500 +0.9 pct, Nasdaq +1.3 pct at Thursday’s close.

Nikkei closed for public holiday.

EUROPEAN FACTORS TO WATCH

DIARIES

REUTERS TOP NEWS ($1 = 0.7649 euros) (Reporting By Peter Dinkloh and Maria Sheahan)

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