Lufthansa, Siemens, TUI, Volkswagen: German Equity Preview

By Nadja Brandt and Henrietta Rumberger

July 9 (Bloomberg) -- 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.

DAX futures expiring in September gained 61.5, or 1 percent, to 6,425.5 as of 8:19 a.m. in Frankfurt. Germany's benchmark DAX index fell 1.4 percent to 6,304.41.

Arques Industries AG (AQU GY): The investment company sold real estate in western Germany to the U.S. investment company W.P. Carey for 32 million euros ($50.3 million) to reduce debt. Arques shares rallied 49 cents, or 7.4 percent, to 7.08 euros.

CompuGroup Holding AG (COP GY): The maker of medical software cut its 2008 profit forecast as the implementation of Germany's health-care reforms causes delays in orders for the company's pharmaceutical communications business. The shares slipped 17 cents, or 2.2 percent, to 7.60 euros.

CropEnergies AG (CE2 GY): The ethanol maker said fiscal first-quarter profit fell 29 percent to 3 million euros on higher investments expenses. The shares added 3 cents, or 1.2 percent, to 2.55 euros.

Deutsche Lufthansa AG (LHA GY): Europe's second-biggest airline is scheduled to report monthly traffic figures. The shares advanced 40 cents, or 2.9 percent, to 14.16 euros.

EM.Sport Media AG (EV4 GY): The company partly owned by German media entrepreneur Leo Kirch plans to hold its annual shareholders' meeting. The shares dropped 12 cents, or 4.8 percent, to 2.38 euros.

Gerry Weber International AG (GWI1 GY): HSBC Holdings PLC recommended investors ``overweight'' shares of Germany's third- largest maker of women's clothing in new coverage. The stock rose 38 cents, or 2 percent, to 19.14 euros.

Kloeckner & Co. AG (KCO GY): UBS AG lowered its price estimate on shares of the steel trader 10 percent to 50 euros. The stock rose 88 cents, or 2.8 percent, to 32.09 euros.

Manz Automation AG (M5Z GY): Credit Suisse Group AG rated shares of the German robotic systems maker ``outperform'' in new coverage. The stock declined 7.25 euros, or 4.37 percent, to 158.65 euros.

MorphoSys AG (MOR GY): The biotechnology company that produces antibodies for drugmakers will get additional fees from Boehringer Ingelheim after the companies expanded a partnership to include the RapMAT technology. Morphosys shares lost 1.22 euros, or 2.9 percent, to 40.70.

Nordex AG (NDX1 GY): The German windmill maker cut its full-year earnings forecast, citing rising costs for expanding abroad.

The return on sales this year will be 5.5 percent to 6 percent compared with an earlier forecast for a 7 percent return, Nordex said today. The stock slipped 48 cents, or 1.7 percent, to 27.18 euros.

Siemens AG (SIE GY): Chief Executive Officer Peter Loescher talks to journalists at the Munich press club. Europe's largest engineering company this week said it plans to cut 16,750 jobs as it seeks to boost profit margins to the level of its competitors. The shares fell 1.14 euros, or 1.6 percent, to 69.67 euros.

TUI AG (TUI1 GY): The company's largest shareholder, billionaire John Fredriksen, offered to buy Russian steel billionaire Alexei Mordashov's stake in the company, Frankfurter Allgemeine Zeitung said, citing Fredriksen's business partner. The shares climbed 5 cents, or 0.3 percent, to 14.56 euros.

Volkswagen AG (VOW GY): Europe's largest carmaker plans to invest 600 million euros to establish a U.S. factory, Handelsblatt said, citing unidentified people at the company. The shares decreased 2.85 euros, or 1.6 percent, to 172.85 euros.

Wirecard AG (WDI GY): The vendor of online payment software to about 9,000 companies said second-quarter earnings before interest and taxes increased 67 percent to 12.2 million euros, citing preliminary figures.

To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net; Henrietta Rumberger in Frankfurt at hrumberger@bloomberg.net.