German stocks - Factors to watch on March 26
26/03/2014 07:29
FRANKFURT, March 26 (Reuters) - The DAX top-30 index .GDAXI looked set to open 0.4 percent higher on Wednesday, according to premarket data from brokerage Lang & Schwarz at 0717 GMT. The following are some of the factors that may move German stocks: DEUTSCHE BANK DBKGn.DE Indicated 0.9 percent higher German prosecutors widened an investigation to include a second Deutsche Bank board member in another twist to the lender's legal battle with heirs of late media mogul Leo Kirch that included a search of the bank's headquarters on Tuesday. ID:nL5N0MM2R1 Related news DBKGn.DE-E LUFTHANSA LHAG.DE Indicated unchanged The U.S. Federal Aviation Administration on Tuesday ordered an immediate fix to the latest version of Boeing Co's BA.N 747-8 plane, saying a software glitch could cause it to lose thrust when close to landing and fly into the ground. Lufthansa said it was checking to what extent its fleet of 11 747-8s was affected. ID:nL1N0MM0VK Related news LHAG.DE-E BEIERSDORF BEIG.DE Indicated 0.4 percent higher Annual press conference of Tesa unit. Related news BEIG.DE-E GAGFAH GFJG.DE Indicated 0.5 percent higher The property company said it aimed to pay shareholders a dividend of 0.20-0.25 euros per share for this year and of 0.40-0.50 euros for 2015. ID:nWEB00KRB Related news GFJG.DE-E KUKA KU2G.DE Indicated 0.5 percent higher The factory robots maker said it was targeting 1.9-2.0 billion euros ($2.6-2.8 billion) in sales this year, up from 1.77 billion euros in 2013, helped by the acquisition of Reis Group. ID:nWEB00KRF Related news KU2G.DE-E TUI AG TUIGn.DE Indicated 0.2 percent higher Hapag-Lloyd HPLG.UL , part-owned by TUI AG, raised the prospect of improving markets this year and next as the supply of shipping capacity eases. ID:nF9N0IX01T Separately, TUI Travel, the tour operator controlled by TUI AG, said bookings for its key summer period were progressing in line with its expectations, giving it confidence it would meet a target for annual profit growth of 7 to 10 percent. ID:nWLB007TH Related news TUIGn.DE-E FREENET FNTGn.DE Indicated 0.1 percent higher Publishes 2013 annual report. Related news FNTGn.DE-E CEWE CWCG.DE Indicated 0.1 percent higher The photofinishing company said on Monday it expected its 2014 after-tax profit to come to 19-23 million euros, compared with 21.6 million in 2013. ID:nASM000648 Related news CWCG.DE-E COMDIRECT CDBG.DE Indicated 0.3 percent higher Publishes 2013 annual report. Related news CDBG.DE-E HAMBORNER REIT HABG.DE Indicated 0.7 percent higher The group said it would propose paying shareholders a 2013 dividend of 0.40 euros per share, adding it was optimistic for this year. ID:nWEB00KRJ Related news HABG.DE-E JUNGHEINRICH JUNG_p.DE Indicated 0.1 percent higher Final results for 2013 and results news conference. Related news JUNG_p.DE-E SURTECO SURG.DE Indicated 0.1 percent lower The maker of decorative paper and foils said its 2013 earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 60.3 million euros from 51.7 million a year earlier. ID:nWEB00KRM Related news SURG.DE-E TIPP24 TIMGn.DE Indicated 0.4 percent higher The lottery company said on Wednesday it expected its 2014 earnings before interest and tax (EBIT) to rise to between 25 million and 35 million euros. ID:nF9N0AJ00N Related news TIMGn.DE-E ZOOPLUS ZO1G.DE Indicated 0.9 percent higher The pet supplies retailer said it expects to generate at least 500 million euros of sales this year, with pretax profit of about 6 million euros. ID:nWEB00KRH Related news ZO1G.DE-E ANALYSTS' VIEWS LEONI LEOGn.DE - DZ Bank raises its recommendation on the stock to "buy" from "hold". OVERSEAS STOCK MARKETS Dow Jones .DJI +0.6 pct, S&P 500 .SPX +0.4 pct, Nasdaq .IXIC +0.2 pct at Tuesday's close. ID:nL1N0MM1VZ Nikkei .N225 +0.4 pct at Wednesday's close. ID:nL4N0MN1G1 GERMAN ECONOMIC DATA German consumer morale held steady heading into April, research group said on Wednesday, as shoppers were more upbeat about the outlook for Europe's largest economy. ID:nL9N0IK00T ECONDE G7TODAY EUROPEAN FACTORS TO WATCH WATCH/EU DIARIES DE/DIA WEU/EQUITY REUTERS TOP NEWS TOP/NEWS ($1 = 0.7258 Euros) (Reporting by Jonathan Gould, Ludwig Burger and Maria Sheahan) ((Jonathan.Gould@thomsonreuters.com)(+49 69 7565 1242)(Reuters Messaging: jonathan.gould.thomsonreuters.com@reuters.net)) Keywords: GERMANY MARKETS STOCKS