BERLIN, Feb 14 (Reuters) - The following are some of the factors that may move German stocks on Thursday:
BMW North America Chief Executive Officer Bernhard Kuhnt said he expected the company to keep growing in the region, while overall auto market would see slight growth in 2019.
Deutsche Bank is planning to cut 1,950 jobs as part of the integration of its Postbank business, newspaper Handelsblatt reported, citing people familiar with the matter.
The German stock exchange operator reported a much worse-than-expected 35 percent fall in net profit in the fourth quarter and said it had become more cautious about this year’s outlook.
Partners Volkswagen and Ford Motor are at odds over how much the German automaker will invest in the No. 2 U.S. automaker’s self-driving vehicle unit, with Ford seeking at least $500 million, people familiar with the negotiations said.
Executives from Deutsche Telekom’s U.S. subsidiary T-Mobile US Inc and Sprint Corp faced tough questions from lawmakers on Wednesday about how the companies’ planned merger would affect prices and jobs, especially in rural America.
Airbus said its Q4 adjusted EBIT increased by 56 percent and proposed a dividend of 1.65 euros per share.
The German-French company also announced plans to scrap production of the A380 superjumbo, adding that the last A380 would be delivered in 2021.
Etihad Airways on Thursday said it had restructured a “large portion” of its orders from Airbus and Boeing in what appears to be a major cut in long-haul jet orders.
Q4 results due. Net profit seen down 14 percent. Poll:
Fiscal 2018 results due. Core profit seen down 3 percent. Poll:
Fiscal 2018 results due. Net profit seen at 16.5 million euros. Poll:
Fiscal 2018 results due.
EX-DIVIDEND
STABILUS - 1 euro/shr dividend
Dow Jones +0.5 pct, S&P 500 +0.3 pct, Nasdaq +0.1 pct at close.
Nikkei +0.1 pct, Shanghai stocks unchanged.
Time: 5:55 GMT.
*German Q4 flash GDP due at 0700 GMT. Seasonally adjusted GDP seen +0.1 pct q/q, +0.7 pct y/y. Unadjusted GDP seen +0.9 pct y/y.
*German January wholesale price index due at 0700 GMT.
*Thomson Reuters Ipsos consumer sentiment for February due at 1100 GMT.
REUTERS TOP NEWS (Reporting by Berlin Speed Desk)
