FRANKFURT, Sept 10 (Reuters) - The DAX top-30 index <.GDAXI>
looked set to open 0.7 percent lower on Wednesday, according to
pre-market data from brokers at 0607 GMT.
The following are some of the factors that may move German
stocks (share price indications at 0607 GMT)::
DEUTSCHE BOERSE <DB1Gn.DE>
Indicated 0.2 percent higher
The German stock exchange operator is standing by its
integrated business model combining cash equities and
derivatives trading as well as settlement and custody, the
company said on Tuesday. [ID:nL93221819]
For related news, double click on [DB1Gn.DE-E]
SIEMENS <SIEGn.DE>
Indicated 1.1 percent lower
The engineering group expects U.S. commercial construction
activity to slow next year but plans to make up any lost revenue
in other sectors, the head of its U.S. operations said on
Tuesday. [ID:nN09171162]
For related news, double click on [SIEGn.DE-E]
VOLKSWAGEN <VOWG.DE>
Indicated 0.4 percent lower
Volkswagen labour leader Bernd Osterloh no longer believes
it will be possible to resolve a power dispute with major
shareholder Porsche <PSHG_p.DE> out of court, Frankfurter
Allgemeine Zeitung reported.
Related news [VOWG.DE-E]
ARCANDOR <AROG.DE>
Indicated 1.7 percent lower
The European Union's second-highest court dismissed a
compensation claim from travel company Thomas Cook <TCG.L> on
Tuesday after the bloc's executive wrongly barred an industry
merger nine years ago. Thomas Cook is partially owned by
Arcandor. [ID:nL9549890]
For related news, double click on [AROG.DE-E]
DEUTSCHE POST <DPWGn.DE>
Indicated 1.0 percent lower
Express cargo carrier DHL (DHL.UL), a unit of Deutsche Post,
said on Tuesday it will pay $260 million in severance and
benefits for employees affected by a restructuring of its
loss-making U.S. operations. [ID:nWNAB0258]
For related news, double click on [DPWGn.DE-E]
OVERSEAS STOCK MARKETS
Dow Jones <DJI> -2.4 pct, S&P 500 <.SPX> -3.4 pct, Nasdaq
<.IXIC> -2.6 pct. [ID:nN09263136]
Nikkei <.N225> -0.44 pct at close [ID:nTKB003003]
European factors to watch [WATCH/EU]
Diaries [DE/DIA] [WEU/EQUITY]
Reuters TOP NEWS [ID:nTOPNEWS]
(Reporting by Tyler Sitte)
(([email protected]; +49 69 7565 1207; Reuters Messaging:
[email protected]))