Deutsche Boerse, Fresenius SE, Kabel Deutschland: 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 prices are from the previous close.

The benchmark DAX Index rose 0.2 percent to 6,207.31.

Deutsche Boerse AG (DB1 GY): Europe’s largest exchange reported second-quarter profit fell 2.5 percent to 160.8 million euros ($208.8 million) as the German company took a one-time charge for restructuring. The profit was higher than the 154.7 million-euro average of six analyst estimates compiled by Bloomberg. The shares rose 0.9 percent to 51.99 euros.

Fresenius SE (FRE3 GY): The German health-care company said first-half net income was 302 million euros, up from 240 million euros a year earlier and “substantially better” than the company expected. Fresenius expects net income to increase by 10 percent to 15 percent in constant currency terms this year. The preferred shares rose 4.3 percent to 55.02 euros.

Kabel Deutschland Holding AG (KD8 GY): Germany’s largest cable company ended takeover talks with Tele Columbus GmbH, a smaller German competitor which is seeking to restructure $1.2 billion of debt, two people familiar with the situation said. The shares rose 1.1 percent to 24.73 euros

To contact the reporter on this story: Holger Elfes in Dusseldorf at helfes@bloomberg.net.

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