Balda, Bayer, Lufthansa, Postbank, Man: German Equity Preview

By Gabi Thesing

July 30 (Bloomberg) -- The following companies may have unusual price changes in Germany. Stock symbols are in parentheses, and share prices are from the previous close.

The X-DAX Index lost 0.03 percent to 6415.64. The measure, derived from trading in DAX Index futures, provides an estimate of Germany's benchmark index. The DAX rose 0.75 percent to 6,398.80.

Balda AG (BAD GY): Germany's biggest maker of mobile-phone casings, said shareholders elected new supervisory board members at yesterday's annual general meeting after previous members resigned. The shares fell 1 cent, or 0.64 percent, to 1.55 euros.

Bayer AG (BAY GY): Germany's largest drugmaker may say second-quarter profit declined from a year earlier, when the sale of a cellulose unit boosted results. The shares dropped 26 cents, or 0.46 percent, to 55.70 euros.

Deutsche Lufthansa AG (LHA GY): Europe's second-biggest airline said last night that first-half operating profit rose 45 percent as the takeover of Swiss International added to earnings and the carrier raised ticket fees to counter rising fuel costs. The shares climbed 11 cents, or 0.73 percent, to 15.10 euros.

Deutsche Postbank AG (DPB GY): Germany's biggest consumer bank by clients may say second-quarter profit declined on writedowns on debt related investments. The shares rose 49 cents, or 1.1 percent, to 45.07 euros.

Fresenius Medical Care AG (FME GY): The world's biggest provider of kidney dialysis may say second-quarter profit rose 17 percent, while parent Fresenius SE may report an 8 percent increase in net income in the first half. Both companies released preliminary results July 17 and give full earnings today. Fresenius Medical Care shares dropped 39 cents, or 1.1 percent, to 35.71 euros. Fresenius SE shares fell 86 cents, or 1.65 percent to 51.37 euros.

Man AG (MAN GY): Europe's third-largest truckmaker will probably say second-quarter profit fell 5.9 percent from a year earlier, when it received a settlement from Daimler AG's Freightliner. The shares rose 59 cents, or 1 percent, to 65.80 euros.

Pfleiderer AG (PFD4 GY): The supplier of paneling for buildings said last night that its targets for 2008 of 2 billion euros revenue and 15 percent margin of earnings before tax, interests, depreciation and amortization must be ``questioned.'' The shares fell 12 cents or 1.5 percent to 7.91 euros.

Siemens AG (SIE GY): Europe's largest engineering company may say third-quarter earnings rose 45 percent on sales of generators in China and wind turbines in the U.S. The shares gained 72 cents, or 1 percent, to 73.22 euros.

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VOS:GY] Vossloh AG [] (VOS GY): Germany's biggest supplier of railway ties will report second-quarter earnings. The shares fell 72 cents, or 1 percent, to 74.30 euros.

To contact the reporter on this story: Gabi Thesing in Frankfurt at gthesing@bloomberg.net