German stocks - Factors to watch on March 13

Thu, 13 Mar - 3:55pm

FRANKFURT, March 13 (Reuters) - The following are some of the factors that may move German stocks on Thursday:

DAIMLER DAIGn.DE

This year, the German car and truck maker will cut costs at its trucks division by around 700 million euros ($973.34 million), and at its Mercedes-Benz Cars division by 600-800 million, as part of an already announced cost savings programme, Chief Financial Officer Bodo Uebber told German publication Boerse Online.

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

FRESENIUS MEDICAL CARE FMEG.DE

FMC said that Emanuele Gatti would quit his role as management board member to become an advisor to Chief Executive Rice Powell. In addition, management Board member Rainer Runte will step down on April 1, also to take an advisory role at FMC.

News Search ID:nL6N0M93ZE

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

K+S SDFGn.DE

Q4 results due. The potash miner already revealed on Wednesday that it would slash its dividend and that its adjusted earnings before interest and tax had dropped 18 percent to 656 million euros. News Search ID:nL6N0M92LG

Related news Href="NewsSearch">RIC-E

LUFTHANSA LHAG.DE

Q4 results due. Germany's largest airline is expected to swing to a quarterly operating profit of 13.7 million euros compared to a loss of 68 million the year-earlier. Poll:

News Search ID:nL6N0M71KE

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

VOLKSWAGEN VOWG_p.DE

2013 results for Volkswagen's 12 brands due. The company already published key group earnings data on Feb. 21 when it outlined plans to buy a Scania stake for 6.7 billion euros.

News Search ID:nL5N0IK0Z7

Separately, the United Auto Workers on Wednesday sharply criticized and vowed to appeal a U.S. agency's decision to let anti-UAW Volkswagen workers defend the results of an election that the union lost last month at a Tennessee VW plant.

News Search ID:nL2N0M91MV

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

HOCHTIEF HOTG.DE

The builder has installed its chief executive at the helm of majority-owned Leighton Holdings Ltd LEI.AX and claimed more seats in the boardroom, cementing its grip on the Australian company that supplies much of its profit. News Search ID:nL3N0MA0ZW

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

HUGO BOSS BOSSn.DE

Q4 results due. The fashion house already reported last month Q4 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of 157 million euros. News Search ID:nL5N0LC0H9

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

RHOEN KLINIKUM RHKG.DE

Q4 results due. The hospitals chain is expected to report its quarterly net profit fell 16.4 percent to 17.9 million euros. Poll: News Search ID:nL6N0M43L4

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

SAF HOLLAND SFQN.DE

Q4 results due.

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

SCHALTBAU SLTG.DE

Full Q4 results due.

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

OVERSEAS STOCK MARKETS

Dow Jones .DJI -0.07 pct, S&P 500 .SPX +0.03 pct, Nasdaq

.IXIC +0.37 pct at Wednesday's close. News Search ID:nL2N0M929U

Nikkei .N225 -0.14 pct at 0554 GMT. News Search ID:nL3N0MA11O

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

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

REUTERS TOP NEWS TOP/NEWS ($1 = 0.7192 euros)

(Reporting by Edward Taylor and Maria Sheahan)

((Edward.Taylor@thomsonreuters.com)(+49 69 7565 1270)(Reuters Messaging: edward.taylor.thomsonreuters.com@reuters.net))

Keywords: GERMANY MARKETS STOCKS

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