German shares AFX at a glance outlook |
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Wed, 17 Jan 2007 08:56
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FRANKFURT (AFX) - German shares are expected to open slightly higher this morning following yesterday's mixed performance on Wall Street, with the DAX 30 index closing yesterday down 14.92 points, or 0.22 pct, at 6,716.82.At 8.25 am, brokerage Lang & Schwarz forecast that the DAX 30 index will open higher at 6721.FORTHCOMING EVENTSTODAY-'Topic of the Year' symposium on the German financial market, speakers include Deutsche Bank CEO Ackermann, Deutsche Boerse CEO Francioni, EADS co-chairman Bischoff and German finance minister Steinbrueck-Bayer Schering Pharma AG extraordinary general meeting-Final German Dec CPI and HICP (0700)-Douglas Holding FY 2005/2006 annual results press conferenceTOMORROW-Douglas Holding analyst conference-Merck KGaA FY 2006 resultsTODAY'S PRESS-Infineon seeking new CFO to replace Fischl - report (Handelsblatt)-Several Schering board members to resign in course of merger with Bayer (Handeslblatt)-SAP Germany marketing head says co wants to sell more software to mid-sized German businesses (Handelsblatt)-Nycomed plans to cut jobs at pharma division it acquired from Altana (Sueddeutsche Zeitung)-ZF Friedrichshafen seeks acquisition candidates in America (Frankfurter Allgemeine Zeitung)-Balda says Wyser Pratte has raised its stake in the company to 5.39 pct (Boersen-Zeitung)COMPANY NEWS-Beiersdorf is to be in focus amid speculation that Hamburger Beteiligungsgesellschaft (HGV) is in the process of placing its 10 pct stake in the company, dealers said.-Siemens postpones shareholder vote on former CFO Neubuerger-CONTINENTAL MEETS 2006 EBIT, SALES TARGETS BUT SEES LOWER 2007 EBIT MARGIN-CONTINENTAL CONFIRMS INTEREST IN GEP, FURTHER ACQUISITIONS PLANNED FOR 2007krysia.diver@afxnews.comkd/tcCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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German shares AFX at a glance outlook 