FRANKFURT Feb 7 The DAX top-30 index
looked set to open 0.3 percent lower on Tuesday, according to
premarket data from brokerage Lang & Schwarz at 0712 GMT.
The following are some of the factors that may move German
Indicated 0.1 percent lower
Investors pulled $1.6 billion from the Pimco Total Return
Fund in January, leaving assets under management of $75 billion,
Morningstar data showed on Monday.
Indicated 0.1 percent lower
Deutsche Boerse and the London Stock Exchange have
decided to formally offer to divest LCH.Clearnet SA as a remedy
to the European Commission to address anti-trust concerns in
relation to the merger of the two exchange operators, Deutsche
Separately, Handelsblatt daily cited the Frankfurt
prosecutor's office as saying it was investigating whether
Deutsche Boerse informed the public and its investors too late
of its merger talks with LSE.
Deutsche Boerse said its supervisory board backed CEO
Kengeter, who is the focus of an insider trading investigation,
saying it had found that talks with the London Stock Exchange
had not yet started in 2015.
Indicated 0.4 percent lower
The telecoms group aims to sell its Romanian mobile and
fixed-line businesses in two separate transactions that could be
worth a total of more than 1 billion euros, Boersen-Zeitung
reported, citing financial sources.
Indicated 1.1 percent lower
The reinsurer raised its dividend for 2016 by more than 4
percent to 8.61 euros per share, above 8.51 forecast in a poll
Indicated 0.2 percent lower
The engineering group is hoping to win early EU antitrust
approval for its plan to create the world's biggest wind turbine
maker with Spain's Gamesa, people familiar with the
matter said on Monday.
Indicated 0.5 percent higher
The steelmaker's top labour chief, Wilhelm Segerath, told
Westdeutsche Allgemeine Zeitung that CEO Heinrich Hiesinger
should bring an end to speculation over a possible merger of its
steel business with peer Tata Steel to give workers clarity.
Segerath added he saw no logic in such a merger.
Indicated 0.6 percent lower
Volkswagen is planning to cap the pay package of its chief
executive at 10 million euros ($10.7 million) and keep pay for
management board members below that, a source familiar with the
Up 0.2 percent in early Frankfurt trade
Germany is in talks with several countries, including the
Czech Republic and Switzerland, about jointly operating a large
number of the 13 Airbus A400M military transport planes
it had planned to sell, a German newspaper reported.
Indicated 2.4 percent higher
The food-processing machinery maker has predicted a return
to earnings growth this year as a restructuring gets back on
track, but warned that the outlook for its markets remained
Late on Monday it announced plans to buy back up to 450
million euros' worth of shares.
Indicated 1.2 percent higher
Hannover Re reported 2016 net profit of 1.17 billion euros,
exceeding its own target of at least 950 million euros, the
reinsurer said as it published key figures ahead of schedule. [
Indicated 3.6 percent lower
Shareholders in Metro voted on Monday in favour of a plan to
split the German retailer into two companies, one a wholesale
and hypermarket food business, and the other Europe's biggest
consumer electronics group.
Up 1 percent in early Frankfurt trade
The insurer said its 2016 net profit came to slightly more
than 900 million euros and raised its net profit guidance for
2017 to around 800 million euros from a previous forecast for at
least 750 million.
Indicated 0.2 percent higher
The group said it expected further profitable growth in 2017
after its 2016 earnings rose.
Down 0.7 percent in early Frankfurt trade
The shipping company said it was launching an additional 150
million euros of senior notes to partly redeem existing senior
notes due next year.
METRO - dividend 1 euro/shr
OVERSEAS STOCK MARKETS
Dow Jones -0.1 pct, S&P 500 -0.2 pct, Nasdaq
-0.1 pct at close.
Nikkei -0.4 pct, Shanghai stocks -0.1 pct.
Time: 7.17 GMT.
GERMAN ECONOMIC DATA
German December industrial output -3.0 pct m/m, steepest
fall since Jan 2009.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS
($1 = 0.9345 euros)
(Reporting by Victoria Bryan and Maria Sheahan)