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German stocks - Factors to watch on September 17

Published 17/09/2015, 03:17 pm
© Reuters.  German stocks - Factors to watch on September 17
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FRANKFURT, Sep 17 (Reuters) - The following are some of the factors that may move German stocks on Thursday:

BMW BMWG.DE

Japan's Toyota Motor Corp 7203.T and BMW will decide by year end on whether to develop a common sportscar architecture, Toyota executives said on Wednesday. ID:nL5N11M3YB

DAIMLER DAIGn.DE

Daimler is open to the idea of creating an alliance between Germany's premium carmakers to manufacture next-generation batteries, its chief executive said on Wednesday. ID:nF9N0ZM00E

K+S SDFGn.DE

Potash Corp of Saskatchewan POT.TO POT.N is not actively discussing its takeover proposal with Germany's K+S, but remains interested in a combination of fertilizer producers that would aid North American potash sales and offer new access to Europe, Chief Executive Jochen Tilk said on Wednesday. ID:nL1N11M19J

LUFTHANSA LHAG.DE

Lufthansa is stepping up its cost-cutting overhaul with a streamlined management structure it said will boost profit by 500 million euros ($564 million) a year and provide a new boss for the Eurowings budget brand that has raised tensions in its long-running dispute with pilots. ID:nL5N11M2V9

SAP SAPG.DE

Europe's largest software maker SAP said on Wednesday it was working on a smartphone application to help migrants arriving in Germany to navigate bureaucracy and officials to register them. ID:nL5N11M23R

VW VOWG_p.DE

Suzuki Motor Corp 7269.T said it had bought back a 19.9 percent stake previously held by Volkswagen (XETRA:VOWG) AG VOWG_p.DE for 460.28 billion yen ($3.82 billion), ending a partnership that soured soon after it was formed. ID:nT9N10L04Q

Separately, Volkswagen and its Skoda brand are looking at entering Iran following the country's deal with the West to end sanctions, in a move that could cut their dependence on volatile Chinese and Brazilian markets and challenge French rivals. ID:nL5N11M1WJ

ANALYSTS' VIEWS

DEUTSCHE BANK DBKGn.DE - NOMURA raises to "BUY" from "NEUTRAL"

OVERSEAS STOCK MARKETS

Dow Jones .DJI +0.8 pct, S&P 500 .SPX +0.9 pct, Nasdaq .IXIC +0.6 pct at xx's close. ID:nL1N11M2GF

Nikkei .N225 +1.6 pct, Shanghai stocks .SSEC +1.1 pct.

Time: 5.17 GMT. ID:nL4N11N1AI

GERMAN ECONOMIC DATA

No economic data scheduled.

ECONDE G7TODAY

EUROPEAN FACTORS TO WATCH WATCH/EU

DIARIES DE/DIA WEU/EQUITY

REUTERS TOP NEWS TOP/NEWS

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