Commerzbank, Allianz, Volkswagen, Bayer: German Equity Preview

By Patrick Donahue

Sept. 1 (Bloomberg) -- The following companies may have unusual price changes in Germany. Stock symbols are in parentheses and prices are from the previous close.

DAX Index futures expiring in September fell 1, or 0.02 percent, to 6,436.5. The DAX Index rose 1.76 percent to 6,422.30 on Aug. 29.

Bayer AG (BAY GY): Germany's largest drugmaker said its Xarelto anti-clotting drug will enter the last phase of testing earlier than expected. The shares fell 22 cents, or 0.4 percent, to 54.01 euros.

Commerzbank AG (CBK GY): Germany's second-largest lender agreed to buy Allianz SE's Dresdner Bank for 9.8 billion euros ($14.4 billion) in Germany's biggest banking takeover in three years, leapfrogging Deutsche Bank AG (DBK GY) by customers and branches. Commerzbank fell 37 cents, or 1.8 percent, to 20.09 euros. Allianz (ALV GY) shares rose 60 cents, or 0.5 percent, to 114.10 euros.

Deutsche Post AG (DPW GY): Chief Executive Officer Frank Appel said a U.S. congressional hearing in September won't threaten the cooperation between its DHL Express unit and United Parcel Services Inc., WirtschaftsWoche reported. The shares fell 21 cents, or 1.3 percent, to 16 euros.

Volkswagen AG (VOW GY): The carmaker's commercial-vehicle unit will meet its goals for the second half, unit chief Stephan Schaller told WirtschaftsWoche magazine in an interview. the shares fell 1.04 euros, or 0.5 percent, to 204.

To contact the reporter on this story: Patrick Donahue in Berlin at at pdonahue1@bloomberg.net