FRANKFURT, Nov 25 (Reuters) - The following are some of the factors that may move German stocks on Wednesday:
VOLKSWAGEN, PORSCHE
Porsche FY 2008/2009 report and annual press conference.
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DAIMLER
Daimler executive Rainer Schmueckle turned down an offer to head GM's Opel unit, Handelsblatt reported, citing sources close to Schmueckle.
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INFINEON
Samsung Electronics, the world's top maker of memory chips, said on Wednesday market speculation that it may bid for Infineon was untrue. "Such talk is untrue," said Samsung spokesman James Chung. "We have never studied the possibility." ,
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RWE
American Water said RWE will complete its divestiture of shares in the company.
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HEIDELBERGER DRUCK
The printing press maker will dismiss its head of sales Juergen Rautert as part of an organisational overhaul, manager magazin reported, citing sources close to the company. A company spokesman declined to comment.
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HIGHLIGHT COMMUNICATIONS
Q3 results.
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OVERSEAS STOCK MARKETS
Dow Jones -0.2 pct, S&P 500 -0.1 pct, Nasdaq -0.3 pct.
Nikkei +0.4 pct.
GERMAN ECONOMIC DATA
GfK consumer sentiment for December due 0700 GMT. Seen at 4.0, unchanged from the previous month.
WESTLB
The German government is ready to inject up to 4 billion euros ($5.96 billion) into stricken lender WestLB which could be converted into a shareholding of 49 percent in the restructured lender, sources familiar with the matter said.
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European Factors to watch
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(Reporting by Ludwig Burger and Christoph Steitz) ($1=.6708 Euro)
(christoph.steitz@thomsonreuters.com; +49 69 7565 1269; Reuters Messaging: christoph.steitz.thomsonreuters.com@reuters.net)
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