BMW, Linde, Porsche, Volkswagen, Muehlbauer Shares: 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 advanced 0.8 percent to 6,654.31.

Bayerische Motoren Werke AG (BMW GY): The world’s largest luxury-car maker raised its full-year forecasts saying its earnings before interest and taxes margin will exceed 7 percent for the automobile unit. BMW had previously projected a margin of more than 5 percent for 2010. The company also reported a 13 percent increase in U.S. sales to 23,222 vehicles in October. The shares lost 1.2 percent to 52.35 euros.

Elmos Semiconductor AG (ELG GY): The maker of chips for autos and washing machines posted a net profit of 5.2 million euros ($7.3 million), compared with a loss of 0.3 million euros a year earlier, as sales increased 30 percent. The stock rose 1.6 percent to 8.26 euros.

GFK SE (GFK GY): The consumer market researcher predicted that 2010 sales and operating income will reach the “upper level” of its earlier forecast range after announcing its preliminary nine-month figures. The shares advanced 2.3 percent to 30.69 euros.

Linde AG (LIN GY): Societe Generale SA downgraded the world’s second-biggest maker of industrial gases to “hold” from “buy.” The stock lost 0.8 percent to 102.95 euros.

Muehlbauer Holding AG & Co. (MUB GY): The manufacturer of machines for making smart cards said third-quarter net income climbed to 9.2 million euros from 1.8 million euros. The stock gained 1 percent to 28.30 euros.

Porsche SE (PAH3 GY): The maker of the 911 sports car may revisit its attempt to takeover Volkswagen AG (VOW GY) in an appeals court case over 143.5 million euros paid to its management board in fiscal year 2008.

Minority investors are asking the Stuttgart Higher Regional Court to strike down votes at the company’s shareholder meeting that discharged directors from liability in 2009. The stock added 0.3 percent to 37.01 euros.

To contact the reporter on this story: Chris Reiter in Berlin at creiter2@bloomberg.net Sarah Jones in London at sjones35@bloomberg.net.

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net.

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