Blackberry Posts Loss as Revenue Misses Estimates
Aurubis, Deutsche Boerse, Fresenius May Be Active: German Equity Preview
The following is a list of companies whose shares may have unusual price changes in Germany. Stock symbols are in parentheses, and share prices are from the previous close.
The benchmark DAX Index climbed 5.3 percent to 6,017.91.
Aurubis AG (NDA GY): The world’s largest listed copper refiner was raised to “buy” from “add” at Commerzbank AG. The shares jumped 7 percent to 37.45 euros.
Deutsche Boerse AG (DB1 GY): Europe’s largest exchange said first-quarter profit fell 24 percent as the company booked a charge for job cuts. The stock gained 6.8 percent to 55.56 euros.
Deutsche Post AG (DPW GY): Europe’s biggest postal service said first-quarter profit rose 85 percent on a one-time gain related to the sale of the Postbank unit. The shares rose 6.8 percent to 11.93 euros.
Elmos Semiconductor AG (ELG GY): The maker of semiconductors used in cars was rated “buy” in new coverage at Close Brothers Group Plc. The shares added 5.5 percent to 5.91 euros.
E.ON AG (EOAN GY): Germany’s biggest utility reported first-quarter adjusted net income rose to “just under” 2.1 billion euros. That was broadly in line with an analyst estimate of 2.13 billion euros. The shares increased 2.7 percent to 25.32 euros.
Fresenius SE (FRE3 GY): The parent company of the world’s biggest provider of kidney dialysis was raised to “buy” from “hold” at Nord/LB. The shares rose 0.7 percent to 50.71 euros.
Marseille-Kliniken AG (MKA GY): The stock was cut to “hold” from “buy” at SES Research GmbH. The shares advanced 2.4 percent to 4.70 euros.
Solarworld AG (SWV GY): The solar company’s first-quarter earnings before interest and taxes fell to 24.8 million euros from 37.8 million euros. The shares climbed 2.6 percent to 9.80 euros.
Volkswagen AG (VOW3 GY): Martin Winterkorn, chief executive officer of Europe’s biggest automaker, said the auto industry’s crisis hasn’t yet been fully overcome, though he’s “confident” for the coming months, Bild-Zeitung reported, citing an interview with him. The shares gained 5.1 percent to 70.77 euros.