German stocks - Factors to watch on February 7
07/02/2014 07:29
FRANKFURT, Feb 7 (Reuters) - The DAX top-30 index .GDAXI looked set to open 0.2 percent higher on Friday, according to premarket data from brokerage Lang & Schwarz at 0719 GMT. The following are some of the factors that may move German stocks: DEUTSCHE TELEKOM DTEGn.DE Indicated 0.3 percent higher Shares in Sprint Corp S.N and T-Mobile US TMUS.N , which is majority-owned by Deutsche Telekom, fell sharply on Thursday as investor hopes for a merger of the No. 3 and No. 4 U.S. mobile service providers faded on concerns about regulatory opposition. ID:nL2N0LB294 Related news DTEGn.DE-E DAIMLER DAIGn.DE Indicated 0.9 percent higher Q4 analyst conference due at 0800 GMT. The carmaker on Thursday reported a 45 percent increase in quarterly adjusted operating profit and forecast a significant increase in 2014 earnings. ID:nL5N0LB125 Separately, Daimler's supervisory board is likely to extend the contract of Chief Executive Dieter Zetsche next year, business daily Handelsblatt reported, citing company sources. Related news DAIGn.DE-E CONTINENTAL AG CONG.DE Indicated 0.2 percent higher The tyre maker's head of personnel, Elke Strathmann, told newspaper Handelsblatt that Continental's headcount would likely exceed 200,000 in two to three years, up from 177,000 as per September 2013. Related news CONG.DE-E FRESENIUS FREG.DE Indicated 0.4 percent higher The company said it placed additional senior notes due 2024 in a nominal amount of 150 million euros ($204 million). ID:nWEB00HW5 Related news FREG.DE-E AIRBUS AIRG.DE No indication available Airbus is exploring fresh ways to improving sales of the world's largest passenger jet after receiving a potentially crucial signal of support from at least one of its engine makers, industry sources said. ID:nL5N0LB4RX Related news AIR.PA-E HUGO BOSS BOSSn.DE No indication available The German fashion house said it was confident for 2014 after reporting a 17-percent rise in fourth-quarter core profit. ID:nWEB00HX1 Related news BOSSn.DE-E GRENKELEASING GKLG.DE Indicated 2.1 percent higher The IT services leasing provider said its net profit for 2013 reached 47 million euros, slightly lower than the 48.3 million average forecast in a Reuters poll. ID:nASM0005KC Poll: ID:nL5N0L512E Related news GKLG.DE-E VILLEROY & BOCH VIBG_p.DE Indicated 0.6 percent higher Q4 results due. Related news VIBG_p.DE-E DEUTSCHE FORFAIT DE6G.DE Indicated 1.6 percent lower The Obama administration targeted a host of businesses across Europe and the Middle East on Thursday for evading sanctions against Iran, and accused German firm DF Deutsche Forfait of helping "facilitate oil deals" with the country. ID:nL2N0LB18D Related news DE6G.DE-E OVERSEAS STOCK MARKETS Dow Jones .DJI +1.2 pct, S&P 500 .SPX +1.2 pct, Nasdaq .IXIC +1.1 pct at Thursday's close. ID:nL2N0LB1YQ Nikkei .N225 +2.2 pct at Friday's close. ID:nZZN0A3I0F GERMAN ECONOMIC DATA German December seasonally adjusted trade surplus 18.5 bln eur vs revised 18.9 bln surplus in November. Reuters poll was for December surplus of 17.3 bln eur. December exports -0.9 pct vs Reuters poll of +0.8 pct, imports -0.6 pct vs +1.2 pct in poll. ID:nB4N0IK01Y German December industrial output due at 1100 GMT, seen +0.5 pct m/m. ECONDE G7TODAY EUROPEAN FACTORS TO WATCH WATCH/EU DIARIES DE/DIA WEU/EQUITY REUTERS TOP NEWS TOP/NEWS ($1 = 0.7353 euros) (Reporting by Ludwig Burger and Christoph Steitz) ((Frankfurt newsroom)(+49 69 7565 1270)) Keywords: GERMANY MARKETS STOCKS