FRANKFURT, Feb 18 (Reuters) - The DAX top-30 index <.GDAXI>
looked set to open 0.3 percent higher on Wednesday, according to
pre-market data from brokers at 0720 GMT.
The following are some of the factors that may move German
stocks on Wednesday (share price indications at 0720 GMT):
COMMERZBANK
Indicated 5.5 percent higher
Commerzbank reported a smaller-than-expected Q4 operating
loss of 822 million euros and said 2009 would be difficult.
[nLI686902] [nLI640548] [nWEA7322] [nLD826043]
Related news [CBKG.DE-E]
MERCK KGaA
Indicated 3.4 percent lower
Merck reported a smaller-than-expected Q4 core operating
profit of 306 million euros and said it cannot give an outlook
for 2009. [nLG661850] [nLI651545] [nWEA7325]
[nLC437390]
Related news [MRCG.DE-E]
ALLIANZ
Indicated unchanged
Allianz unit Euler Hermes reported a Q4 net loss
of around 68 million euros and cut its dividend after being hit
by claims linked to the collapse of UK retailer Woolworths.
[nLH645109]
See also [nLH688097]
Related news [ALVG.DE-E]
INFINEON
Indicated 2.2 percent higher
Infineon expects its results to start better reflecting
demand from next quarter, as its customers reduce chip
inventories and have to start stocking up again, its chief
executive told Reuters in an interview. [nLH394979]
Related news [IFXGn.DE-E]
THYSSENKRUPP
Indicated 0.2 percent lower
ThyssenKrupp is preparing to shorten working hours in its
services division, it said on Tuesday.
Related news [TKAG.DE-E]
E.ON , RWE
E.ON indicated 0.8 percent higher
RWE indicated 0.4 percent higher
Slovak lawmakers approved legal changes on Tuesday, giving
the state tighter control over gas reserves as the country seeks
to prevent a repeat of the supply crisis that hurt its economy
at the start of this year. [nLI198191]
Related news [EONGn.DE-E]
HYPO REAL ESTATE
Indicated 6.5 percent higher
The German government agreed a draft law to increase aid for
struggling banks which would enable the state to seize private
property for the first time in postwar history, government
sources said on Tuesday. [nLH194919] [nLH106915]
Related news [HRXG.DE-E]
CONTINENTAL
Indicated 1.2 percent lower
Schaeffler's CFO is to step down under pressure from banks,
the Financial Times Deutschland newspaper reported, without
citing sources. Schaeffler could not immediately be reached.
Related news [CONG.DE-E]
MLP
Indicated 1.1 percent lower
MLP said it is cautiously optimistic about 2009 and aims to
perform better than the market. [nWEA7358] [nLI92850]
Related news [MLPG.DE-E]
PUMA
Indicated 0.2 percent higher
Puma reports Q4 results. EBIT seen at 48 million euros.
[nLD624716]
Related news [PUMG.DE-E]
INTERHYP
Interhyp reported 2008 EBIT of 12.5 million euros, below
market expectations. [nHUGBULBGa] [nLI214089]
Related news [IYPGn.DE-E]
HOMAG
Indicated 6.7 percent lower
Homag says it faces a more pronounced drop in sales in 2009
than it predicted in November but still expects a "significant"
net profit in fiscal 2009. [nEQfoulfyu]
Related news [HG1G.DE-LEN]
ELMOS
Indicated 1.6 percent lower
Elmos reported an 8.4 percent rise in 2008 EBIT to 16.5
million euros, beating market expectations. [nHUGBULHVa]
Related news [ELGG.DE-E]
HEIDELBERG CEMENT
Indicated 1.0 percent higher
The Merckle family and a group of creditor banks have chosen
a Cologne-based lawyer to oversee family investment vehicle
VEM's holdings, several sources familiar with the situation told
Reuters on Tuesday.[nLH87829]
Related news [HEIG.DE-E]
GPC BIOTECH
Indicated 28.9 percent higher
GPC Biotech will merge with privately held Agennix.
[nWEN4704] [nBw176732a]
Related news [GPCG.DE-E]
BERTRANDT
Indicated 0.3 percent lower
AGM; proposed dividend 1.4 eur/shr.
Related news [BDTG.DE-E]
OVERSEAS STOCK MARKETS
Dow Jones <.DJI> -3.8 pct, S&P 500 <.SPX> -4.6 pct, Nasdaq
<.IXIC> -4.2 pct. [nN17376319]
Nikkei <.N225> -1.5 pct. [nT163121]
European factors to watch [WATCH/EU]
Diaries [DE/DIA] [WEU/EQUITY]
Reuters TOP NEWS [nTOPNEWS]
(Reporting by Jonathan Gould and Peter Starck)
((peter.starck@thomsonreuters.com; +49 69 7565 1217; Reuters
Messaging: peter.starck.reuters.com@reuters.net))
Keywords: MARKETS GERMANY STOCKS/ =3 FRANKFURT
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nLH17274
WATCH/DE
