Oct. 13 (Bloomberg) -- The following companies may have unusual price changes in Germany. Stock symbols are in parentheses and prices are from the previous close.

DAX Index futures expiring in December rallied 316, or 7 percent, to 4,815 as of 8:13 a.m. in Frankfurt. The DAX Index tumbled 7 percent to 4,544.31 on Oct. 10.

Allianz SE (ALV GY): HSBC Holdings Plc reduced its recommendation for Europe's largest insurer to ``neutral'' from ``overweight.'' Allianz shares declined 7.20 euros, or 9.2 percent, to 70.95.

Bayerische Motoren Werke AG (BMW GY): The world's largest maker of luxury cars stuck to its forecast for record car sales and a profit margin of at least 4 percent, Frankfurter Allgemeine Sonntagszeitung reported, citing Chief Executive Officer Norbert Reithofer. The stock fell 1.89 euros, or 8.8 percent, to 19.63.

Commerzbank AG (CBK GY): Germany's second-biggest bank won a record 183,000 new clients for its private customer business in the third quarter, Frankfurter Allgemeine Zeitung said, citing an interview with management board member Achim Kassow. The shares dropped 1.05 euros, or 9.8 percent, to 9.705.

Daimler AG (DAI GY): General Motors Corp. is in early talks with Cerberus Capital Management LP's Chrysler LLC, which is 19.9 percent owned by Daimler, about a merger or partnership, five people with direct knowledge of the discussions said. GM spokesman Tony Cervone and Cerberus spokesman Peter Duda declined to comment. The stock lost 2.04 euros, or 8.3 percent, to 22.565.

Deutsche Bank AG (DBK GY): Germany's biggest bank appointed Ahmed Beydoun head of equities for the Middle East and North Africa as part of a plan to expand its equities business in the region. Deutsche Bank shares slumped 5.985 euros, or 16 percent, to 31.225.

Deutsche Lufthansa AG (LHA GY): The sale of Austrian Airlines Group, which Lufthansa is competing to buy, faces possible delay on concern that the turmoil in financial markets could lead to the state-owned carrier being sold too cheaply, ORF reported on its Web Site, citing unidentified people familiar with the situation. The stock fell 99 cents, or 8.3 percent, to 10.89 euros.

Deutsche Telekom AG (DTE GY): Europe's biggest phone company created new procedures aimed at preventing data theft, after records of 17 million mobile-phone customers were stolen. The stock sank 1.345 euros, or 13 percent, to 9.

Deutz AG (DEZ GY): The maker of diesel engines for trucks and ships cut its full-year sales forecast a second time this year, saying the financial crisis hurt demand in the U.S. and Europe and growth in China is slowing. The shares retreated 14 cents, or 4.1 percent, to 3.26 euros.

Fraport AG (FRA GY): Citigroup Inc. lowered its share-price estimate for the owner of Frankfurt Airport 8.5 percent to 43 euros. The shares fell 1.30 euros, or 3.9 percent, to 32.28.

Fresenius Medical Care AG (FME GY): UBS AG raised its recommendation for the world's biggest provider of kidney dialysis to ``buy'' from ``neutral.'' The shares slipped 1.90 euros, or 5.7 percent, to 31.42.

HCI Capital AG (HXCI GY): The manager of closed-end funds said it will lose money in 2008 after the stock-market crash hurt sales in October. HCI Capital was unchanged at 3.45 euros.

SAP AG (SAP GY): The world's largest maker of business- management software expects the impact of the global financial crisis to be felt throughout next year, Bild reported, citing Chief Executive Officer Henning Kagermann. The stock fell 1.445 euros, or 5.5 percent, to 24.97.

Siemens AG (SIE GY): Europe's largest engineering company has sufficient financial resources to survive the banking crisis without raising additional capital, Euro am Sonntag reported, based on an interview with CEO Peter Loescher. The stock sank 3.85 euros, or 7.6 percent, to 46.80.

TUI AG (TUI1 GY): The German owner of Europe's largest travel company agreed to sell two-thirds of Hapag-Lloyd to a Hamburg-based investor group in a deal that values the shipping company at 4.45 billion euros ($6.08 billion). The shares dropped 84.5 cents, or 8.8 percent, to 8.765 euros.

Volkswagen AG (VOW GY): Europe's largest carmaker is offering money to encourage unprofitable German dealers to close, Automotive News Europe reported, citing an unidentified person familiar with the matter.

Separately, Citigroup cut its share-price projection 28 percent to 72 euros. The stock advanced 45.13 euros, or 15 percent, to 342.

To contact the reporter on this story: Chris Reiter in Berlin at creiter2@bloomberg.net; Stefanie Haxel in Frankfurt at shaxel@bloomberg.net

Last Updated: October 13, 2008 02:45 EDT