Lufthansa, Hochtief, Porsche, Siemens: 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 rose 0.3 percent to 6,291.67 on Oct. 8, a fourth gain.

BASF SE (BAS GY): the world’s biggest chemical company and Linde AG (LIN GY), the second-biggest maker of industrial gases, were rated “equal weight” in new research coverage at Barclays Plc. BASF shares rose 2 percent to 48.73 euros. Linde gained 0.3 percent to 97.48 euros.

Daimler AG (DAI GY): The second-largest maker of luxury vehicles is recalling 85,000 Mercedes-Benz models in the U.S. over a steering problem that could make the vehicles difficult to control, the New York Times said, citing a report submitted by the German carmaker to the National Highway Traffic Safety Administration. The shares rose 0.1 percent to 45.44 euros.

Deutsche Beteiligungs AG (DBA GY): The German private- equity company will pay shareholders a dividend of 40 cents ($0.56) and may even disburse a special dividend if business develops well in coming weeks, Wirtschaftswoche reported, citing Chief Executive Officer Wilken Freiherr von Hodenberg. The shares fell less than 0.1 percent to 18.17 euros.

Deutsche Lufthansa AG (LHA GY): Europe’s second biggest airline will trim surcharges on ticket prices for certain low- cost routes next year even as a new national levy is looming, Der Spiegel reported, citing no one. The shares rose 3 percent to 14.40 euros.

Deutsche Postbank AG (DPB GY): The German lender taken over by Deutsche Bank AG may charge higher interest on real-estate loans to contain effects from the new Basel III banking rules, Euro am Sonntag reported, citing management-board member Michael Meyer. The shares fell less than 0.1 percent to 25.02 euros.

Fielmann AG (FIE GY): Europe’s largest chain of opticians may expand by up to 200 stores in coming years, Euro am Sonntag reported, citing Chief Financial Officer Georg Alexander Zeiss. The shares gained 0.5 percent to 70.20 euros.

Hochtief AG (HOT GY): The German builder’s management-board members are entitled to 14.7 million euros in cash compensation if the company is taken over, Bild reported, citing Hochtief’s annual report. An ad-hoc committee of Hochtief’s supervisory board will meet Oct. 11 to discuss strategy in the takeover battle with Actividades de Construccion y Servicios, spokeswoman Jutta Hobbiebrunken said by phone. The shares rose 0.1 percent to 63.75 euros.

Porsche Automobil Holding SE (PAH3 GY): The sports-car maker has blocked employees’ access to Facebook Inc. to shield itself against industrial espionage, Wirtschaftswoche reported, citing Rainer Benne, the company’s head of security. The shares gained 0.4 percent to 35.25 euros.

Salzgitter AG (SZG GY): Germany’s second-largest steelmaker posted higher revenue in the third quarter after raising prices for some products, Boersen-Zeitung reported, citing Chief Financial Officer Heinz Joerg Fuhrmann. The shares rose 0.3 percent to 49.59 euros.

Siemens AG (SIE GY): Europe’s largest engineering company may seek state aid for plans to develop solar-electricity generators in the Sahara Desert, Tagesspiegel reported, citing the company’s chief coordinator of the so-called Desertec project. The shares fell less than 0.1 percent to 77 euros.

Volkswagen AG (VOW3 GY): Europe’s biggest carmaker will expand vehicle and component production at its German factories in Wolfsburg and Kassel, Stuttgarter Zeitung reported, without citing anyone. The company’s preferred shares rose 2.5 percent to 89.28 euros.

To contact the reporters on this story: Andreas Cremer in Berlin at acremer@bloomberg.net.

To contact the editors responsible for this story: Kenneth Wong at kwong11@bloomberg.net.

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