FRANKFURT, April 12 (Reuters) - The DAX top-30 index looked set to open 0.6 percent higher on Monday, according to premarket data from brokers Lang & Schwarz at 0609 GMT.
Here are some of the factors that may move German stocks (share indications at 0607 GMT):
BASF
Indicated 0.4 percent higher
The owners of Cognis, the German maker of additives for cosmetics and detergents, are in talks with several parties including BASF to sell it, two people close to the negotiations said on Friday.
Related news
DAIMLER
Indicated 1.1 percent higher
The German carmaker, Renault and Nissan are mulling expanding cooperation beyond the supply of Daimler engines for Nissan's luxury brand Infiniti to improve Daimler's plant utilisation rate and cut Infiniti production costs, German magazine Focus reported, without citing sources.
Related news
SIEMENS
Indicated 0.9 percent higher
Deutsche Bahn rival Locomore Rail has dropped plans to buy trains from Siemens after postponing until April 2011 plans to operate a rail line from Hamburg to Cologne, Locomore Chief Executive Derek Ladewig told WirtschaftsWoche.
Related news
SAP
Indicated 0.8 percent higher
The business software maker is guaranteeing its workers' jobs through the end of 2014 to address concerns that a programme to improve efficiency in development by about 25 percent from 2012 could result in job cuts, a spokesman for the company said.
Related news
LUFTHANSA
Indicated 0.7 percent higher
The German flagship carrier's Chief Executive Wolfgang Mayrhuber will meet with the pilots' and cabin crew unions on Monday to discuss pay demands and the company's future strategy, weekly magazine Der Spiegel reported, citing no sources.
Der Spiegel also said that possible candidates for arbitration talks between Lufthansa management and pilots are Germany's ex-Chancellor Gerhard Schroeder and Klaus von Dohnanyi, the former mayor of Hamburg. A spokeswoman for Lufthansa said that the terms of arbitration had not yet been determined and declined to comment on who would take part in talks on Monday.
Related news
THYSSENKRUPP
Indicated 1.0 percent higher
The company's CEO, Ekkehard Schulz, told German channel n-tv that further job cuts at the steelmaker cannot be ruled out. 'Progress and improvement in productivity are an ongoing task. This will also involve a reduction of jobs in the future,' he was quoted as saying.
Related news
HEIDELBERGCEMENT
Indicated 1.0 percent higher
The cement maker is confident it can negotiate more favourable borrowing conditions with its banks, finance chief Lorenz Naeger told Boersen-Zeitung in an interview published on Saturday. Lenders are no longer putting pressure on the company to sell assets, he added.
Related news
HUGO BOSS
Indicated 0.5 percent higher
Annual news conference. The fashion house in February reported a 7 percent drop in full-year sales while restructuring efforts kept margins stable, pointing to further challenges ahead.
Related news
DELTICOM
Indicated 1.5 percent higher
The online tyre retailer posted first-quarter sales growth of more than 20 percent, Chief Financial Officer Frank Schuhardt told weekly magazine Wirtschafts Woche in an interview.
Related news
TRADING EX-DIVIDEND
MERCK KGAA, dividend 1.00 eur ($1.34) per shr
OVERSEAS STOCK MARKETS
Dow Jones +0.6 pct, S&P 500 +0.7 pct, Nasdaq +0.7 pct at Friday's close.
Nikkei +0.4 pct.
IPO
Property company GSW aims to woo institutional investors in its planned IPO by promising long-term stability, its chief executive told a German paper.
Related news
KARSTADT
German taxpayers will have to shoulder a burden of more than 650 million euros in the insolvency of department store chain Karstadt as about a third of the 2 billion euros due to creditors are owed to government agencies, a spokesman for insolvency administrator Klaus-Hubert Goerg said on Saturday.
Karstadt's creditors are due to meet on Monday.
Related news
GM'S OPEL
Rainer Einenkel, works' council head at Opel's plant in Germany's Bochum, criticised in an interview with weekly magazine Focus labour boss Klaus Franz for making concessions by workers dependent on 100,000 Astra model cars being manufactured in Ruesselsheim, Germany, rather than Ellesmere Port.
Related news
European Factors to watch
Diaries
Reuters Top News
(Reporting by Maria Sheahan and Christoph Steitz) ($1=.7477 Euro) (christoph.steitz@thomsonreuters.com; +49 69 7565 1269; Reuters Messaging: christoph.steitz.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Here are some of the factors that may move German stocks (share indications at 0607 GMT):
BASF
Indicated 0.4 percent higher
The owners of Cognis, the German maker of additives for cosmetics and detergents, are in talks with several parties including BASF to sell it, two people close to the negotiations said on Friday.
Related news
DAIMLER
Indicated 1.1 percent higher
The German carmaker, Renault and Nissan are mulling expanding cooperation beyond the supply of Daimler engines for Nissan's luxury brand Infiniti to improve Daimler's plant utilisation rate and cut Infiniti production costs, German magazine Focus reported, without citing sources.
Related news
SIEMENS
Indicated 0.9 percent higher
Deutsche Bahn rival Locomore Rail has dropped plans to buy trains from Siemens after postponing until April 2011 plans to operate a rail line from Hamburg to Cologne, Locomore Chief Executive Derek Ladewig told WirtschaftsWoche.
Related news
SAP
Indicated 0.8 percent higher
The business software maker is guaranteeing its workers' jobs through the end of 2014 to address concerns that a programme to improve efficiency in development by about 25 percent from 2012 could result in job cuts, a spokesman for the company said.
Related news
LUFTHANSA
Indicated 0.7 percent higher
The German flagship carrier's Chief Executive Wolfgang Mayrhuber will meet with the pilots' and cabin crew unions on Monday to discuss pay demands and the company's future strategy, weekly magazine Der Spiegel reported, citing no sources.
Der Spiegel also said that possible candidates for arbitration talks between Lufthansa management and pilots are Germany's ex-Chancellor Gerhard Schroeder and Klaus von Dohnanyi, the former mayor of Hamburg. A spokeswoman for Lufthansa said that the terms of arbitration had not yet been determined and declined to comment on who would take part in talks on Monday.
Related news
THYSSENKRUPP
Indicated 1.0 percent higher
The company's CEO, Ekkehard Schulz, told German channel n-tv that further job cuts at the steelmaker cannot be ruled out. 'Progress and improvement in productivity are an ongoing task. This will also involve a reduction of jobs in the future,' he was quoted as saying.
Related news
HEIDELBERGCEMENT
Indicated 1.0 percent higher
The cement maker is confident it can negotiate more favourable borrowing conditions with its banks, finance chief Lorenz Naeger told Boersen-Zeitung in an interview published on Saturday. Lenders are no longer putting pressure on the company to sell assets, he added.
Related news
HUGO BOSS
Indicated 0.5 percent higher
Annual news conference. The fashion house in February reported a 7 percent drop in full-year sales while restructuring efforts kept margins stable, pointing to further challenges ahead.
Related news
DELTICOM
Indicated 1.5 percent higher
The online tyre retailer posted first-quarter sales growth of more than 20 percent, Chief Financial Officer Frank Schuhardt told weekly magazine Wirtschafts Woche in an interview.
Related news
TRADING EX-DIVIDEND
MERCK KGAA, dividend 1.00 eur ($1.34) per shr
OVERSEAS STOCK MARKETS
Dow Jones +0.6 pct, S&P 500 +0.7 pct, Nasdaq +0.7 pct at Friday's close.
Nikkei +0.4 pct.
IPO
Property company GSW aims to woo institutional investors in its planned IPO by promising long-term stability, its chief executive told a German paper.
Related news
KARSTADT
German taxpayers will have to shoulder a burden of more than 650 million euros in the insolvency of department store chain Karstadt as about a third of the 2 billion euros due to creditors are owed to government agencies, a spokesman for insolvency administrator Klaus-Hubert Goerg said on Saturday.
Karstadt's creditors are due to meet on Monday.
Related news
GM'S OPEL
Rainer Einenkel, works' council head at Opel's plant in Germany's Bochum, criticised in an interview with weekly magazine Focus labour boss Klaus Franz for making concessions by workers dependent on 100,000 Astra model cars being manufactured in Ruesselsheim, Germany, rather than Ellesmere Port.
Related news
European Factors to watch
Diaries
Reuters Top News
(Reporting by Maria Sheahan and Christoph Steitz) ($1=.7477 Euro) (christoph.steitz@thomsonreuters.com; +49 69 7565 1269; Reuters Messaging: christoph.steitz.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.