German stocks - Factors to watch on March 11

Tue, 11 Mar - 4:08pm

FRANKFURT, March 11 (Reuters) - The following are some of the factors that may move German stocks on Tuesday:

DEUTSCHE TELEKOM DTEGn.DE

T-Mobile US TMUS.N expects to engage in some form of cellular industry consolidation, the CFO of the United States' fourth-largest carrier said on Monday, boosting investor expectations that a merger with Sprint Corp S.N could be on the horizon. News Search ID:nL2N0M71JM

T-Mobile US is majority-owned by Deutsche Telekom.

Related news Href="NewsSearch">DTEGn.DE-E

BAYER BAYGn.DE

Bayer said late on Monday it agreed to sell back to Kythera

KYTH.O commercial rights to ATX-101 outside of the United States and Canada. It will receive $33 million in Kythera stock and a $51 million promissory note, as well as some long-term sales milestone payments. News Search ID:nASB08FEN

Related news Href="NewsSearch">BAYGn.DE-E

THYSSENKRUPP TKAG.DE

ThyssenKrupp has resumed efforts to sell its rail business, which it put up for sale in May 2013, Westdeutsche Allgemeine Zeitung said on Tuesday, citing no sources. The company already said in May 2013 it planned to divest the business.

Related news Href="NewsSearch">TKAG.DE-E

BMW BMWG.DE

Germany's BMW said it saw strong demand for the i8 hybrid sportscar which will go into series production in April and start customer deliveries in June. News Search ID:nL6N0M7376

Related news Href="NewsSearch">BMWG.DE-E

VOLKSWAGEN VOWG_p.DE

Premium brand Audi holds its annual press conference.

Related news Href="NewsSearch">VOWG_p.DE-E

LUFTHANSA LHAG.DE

February traffic figures due at 1200 GMT.

Related news Href="NewsSearch">LHAG.DE-E

HANNOVER RE HNRGn.DE

Q4 results due. The reinsurer is expected to report its fourth-quarter net profit rose 19 percent to 213 million euros ($295 million). Poll: News Search ID:nL6N0M34PP

Related news Href="NewsSearch">HNRGn.DE-E

HOCHTIEF HOTG.DE

The Australian Securities and Exchange Commission is reviewing share trading in Leighton Holdings Ltd LEI.AX , which jumped significantly last week ahead of a $1 billion offer from major shareholder Hochtief AG. News Search ID:nL3N0M8009

Related news Href="NewsSearch">HOTG.DE-E

DMG MORI SEIKI GILG.DE

The machine tool maker said late on Monday its supervisory board has named Andre Danks as its new finance chief, replacing Kathrin Dahnke who unexpectedly stepped down two weeks ago.

News Search ID:nWEB00JZA

Related news Href="NewsSearch">GILG.DE-E

ADVA OPTICAL ADAG.DE

The company said late on Monday it has signed an agreement to acquire all shares in Switzersland-based Oscilloquartz SA for 3 million Swiss francs ($3.42 million).

Related news Href="NewsSearch">ADAG.DE-E

OVERSEAS STOCK MARKETS

Dow Jones .DJI -0.2 pct, S&P 500 .SPX -0.05 pct, Nasdaq

.IXIC -0.04 pct at Monday's close. News Search ID:nL2N0M71SU

Nikkei .N225 +0.7 pct at Tuesday's close. News Search ID:nZZN0A4E0F

GERMAN ECONOMIC DATA

German January trade balance due at 0700 GMT. Seen at 17.7 billion euros, with exports +1.4 percent and imports +1.3 percent. ECONDE G7TODAY

PRIVATE EQUITY

The private equity arm of Dubai Holding has asked buyout groups to submit binding bids for its German packaging group Mauser, after putting on hold a larger auction which comprised two additional assets, three sources familiar with the transaction told Reuters. News Search ID:nL6N0M72ZH

Related news Href="NewsSearch">PVE-DE-E

EUROPEAN FACTORS TO WATCH Href="NewsSearch">WATCH/EU

DIARIES Href="NewsSearch">DE/DIA Href="NewsSearch">WEU/EQUITY

REUTERS TOP NEWS TOP/NEWS

($1 = 0.7214 euros) ($1 = 0.8781 Swiss francs)

(Reporting by Maria Sheahan and Christoph Steitz)

((Frankfurt newsroom)(+49 69 7565 1270))

Keywords: GERMANY MARKETS STOCKS

URN: 
urn:newsml:reuters.com:20140311:nL6N0M731Z:2
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