FRANKFURT, Nov 24 (Reuters) - The DAX top-30 index looked set to open 0.9 percent lower on Friday, according to premarket data from brokers at 0717 GMT.
The following are some of the factors that may move German stocks on Friday (share price indications at 0717 GMT):
MAN
Indicated 0.6 percent lower
The truckmaker's Swedish chief executive Hakan Samuelsson is leaving the company at his own request with immediate effect, MAN said in a surprise statement on Monday that sent shares up 3.8 percent.
Separately, Sueddeutsche Zeitung reports that MAN will have to pay a fine of more than 100 million euros ($149.7 million) to settle corruption probe, giving no sources.
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ADIDAS
Indicated 0.7 percent lower
The company's CEO told Sueddeutsche Zeitung newspaper it may cancel cooperation agreements with football clubs or players that are involved in a betting scandal.
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DEUTSCHE POST
Indicated 0.1 percent lower
The risk of strike action at Post's Dutch peer TNT NV grew on Monday after members of its two largest unions rejected proposals that included a pay cut of up to 3.5 percent to prevent massive job cuts.
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PFLEIDERER
Indicated 1.2 percent lower
Q3 results. The wood and laminate specialist reported a third-quarter net loss after minorities of 17.6 million euros, slightly worse than the 16.6 million euro loss that was expected. Poll:
EADS
Indicated 1.0 percent lower
The Pentagon's chief arms buyer dismissed calls from Boeing Co's allies in Congress to take a World Trade Organization ruling against EADS' Airbus unit into account in the potential $50 billion competition to supply mid-air refueling aircraft to the U.S. Air Force.
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NORDEX
Indicated 2.2 percent higher
Q3 results. The wind turbine manufacturer said third-quarter earnings before interest and tax (EBIT) came in at 12.4 million euros, above the 11.5 million forecast in a Reuters poll. But third-quarter sales of 301.5 million euros slightly missed the 308 million forecast. Poll:
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CEWE COLOR
Indicated 0.6 percent lower
Q3 results. Q3 EBITDA 25 million euros. EBIT 15.8 million euros. Company reiterates 2009 targets.
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ENERGY
Swedish power group Vattenfall has balked at an imminent deal to sell its German high-voltage grid after rival E.ON fetched a higher price for its network, financial sources told Reuters on Monday.
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AXEL SPRINGER
Indicated 0.4 percent lower
Axel Springer will buy Gruner & Jahr´s Russian magazine business, Handelsblatt reported on Monday citing sources on Gruner & Jahr´s supervisory board.
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SOLAR POWER
Germany will add a record of up to 3 gigawatt (GW) of photovoltaic capacity this year due to unexpectedly strong demand in the final months of 2009, the head of Germany's BSW solar industry association said on Monday.
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OVERSEAS STOCK MARKETS
Dow Jones +1.3 pct, S&P 500 +1.4 pct, Nasdaq +1.4 pct at Monday's close.
Nikkei -1.01 pct at close
GENERAL MOTORS' OPEL
GM will present a plan to European governments to save struggling carmaker Opel within days, a rescue set to cost 3.3 billion euros ($4.9 billion), those involved in talks said on Monday.
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GERMAN ECONOMY
German detailed GDP showed a 0.7 percent rise in GDP quarter on quarter and a 4.7 percent drop year-on-year.
German IFO business climate is due at 0900 GMT and expected at 92.5 points, current conditions are due at the same time and are seen at 88 points, while Ifo business expectations are expected at 97.2
European Factors to watch
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(Reporting by Jonathan Gould and Tyler Sitte) ($1=.6679 Euro) Keywords: MARKETS GERMANY STOCKS =2 FRANKFURT
(tyler.sitte@thomsonreuters.com; +49 69 7565 1207; Reuters Messaging: tyler.sitte.thomsonreuters.com@reuters.net)
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