BERLIN, June 15 (Reuters) - - The DAX top-30 index looked set to open flat on Thursday, according to premarket data from brokerage Lang & Schwarz at 0624 GMT.
The following are some of the factors that may move German stocks on Thursday:
Indicated 0.9 percent higher
Deutsche Bank is reorganising its corporate and investment banking division, including creating a separate business for its equity, debt and leveraged capital markets operations, Bloomberg reports; the newly-created global capital markets division to be headed by Alexander Von Zur Muehlen, Mark Fedorcik.
Indicated 0.4 percent lower
Hapag-Lloyd’s integration of Arab peer UASC is on track and has so far not been affected by Qatar’s rift with its neighbours, the CEO of the German shipping company tells Reuters.
Indicated 0.1 percent lower
The drugmaker said Australian authorities have granted it patent rights over the use of CRISPR genome-editing technology.
Indicated 0.3 percent higher
Volkswagen Group Japan KK senior executive Thomas Siebert was arrested on suspicion of using an illegal stimulant, the company said.
Indicated down 1.8 percent (trading ex-dividend)
The out-of-home advertising group confirmed 2017 financial targets and said its general meeting agreed a dividend increase.
Austrian industrial firm Pierer Industrie AG has issued a takeover offer to SHW shareholders.
BERLINER EFFEKTENGESELLSCHAFT - 0.50 eur/shr dividend proposed
E.ON - HSBC raises target price to 7.9 euros from 6.5 euros
RWE - HSBC raises to BUY from HOLD, raises target price to 22.5 euros from 17.2 euros
INNOGY - HSBC raises to HOLD from REDUCE, raises target price to 36 euros from 31 euros
UNIPER - HSBC raises target price to 18.9 euros from 17.3 euros
Dow Jones +0.2 pct, S&P 500 -0.1 pct, Nasdaq -0.4 pct at close.
Nikkei -0.3 pct, Shanghai stocks unchanged.
Time: 5.09 GMT.
No economic data scheduled.
REUTERS TOP NEWS (Reporting by Emma Thomasson and Andreas Cremer.)