Bayer, Aixtron, Infineon, Siemens, TUI: 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 last close.

DAX Index futures expiring in March rose 0.3 percent to 7,424.5 as of 8:52 a.m. in Frankfurt. The benchmark DAX Index fell 0.1 percent to 7,405.51 yesterday.

Aixtron AG (AIXA GY): The maker of energy-efficient lighting was rated “sell” in new coverage at Citigroup Inc. The shares climbed 0.5 percent to 32 euros.

Bayer AG (BAYN GY): Europe’s largest drug and chemical maker will keep research and development spending steady next year at some 3 billion euros ($4.1 billion), the Financial Times Deutschland reported. The stock rose 0.3 percent to 56.58 euros.

Conergy AG (CGY GY): The German solar-power company said it plans to build three wind farms in Australia, costing as much as $2.7 billion, that will proceed if the government boosts efforts to spur clean energy investment. The shares surged 4 percent to 41.9 euro cents.

Infineon Technologies AG (IFX GY): The supervisory board of Europe’s second-largest chipmaker confirmed Wolfgang Mayrhuber as its chairman, the Neubiberg, Germany-based company said on its website. The shares fell 0.9 percent to 8.04 euros.

Praktiker AG (PRA GY): Germany’s second-biggest home- improvement retailer was downgraded to “sell” from “hold” at UniCredit SpA. The shares added 0.9 percent to 8.52 euros.

Siemens AG (SIE GY): The U.S. Department of Justice ended its antitrust probe into Europe’s biggest engineering company. A company spokesman failed to say why the DOJ stopped its investigation. The stock increased 0.4 percent to 97.29 euros.

TUI AG (TUI1 GY): Hapag-Lloyd AG, the container line part- owned by TUI AG, has set April 15 as the preliminary date for its initial public offering, Financial Times Deutschland said. The shares fell 0.4 percent to 10.11 euros.

To contact the reporters on this story: Tony Czuczka in Berlin at aczuczka@bloomberg.net; Julie Cruz in Frankfurt at jcruz6@bloomberg.net

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

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