Economic Calendar

Friday, September 26, 2008

Conergy, Hochtief, MTU Aero Engines: German Equity Preview

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By Nadja Brandt

Sept. 26 (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 climbed 0.1 percent to 6,159.74. The measure, derived from trading in DAX Index futures, provides an estimate of Germany's benchmark index. The DAX increased 2 percent to 6,173.03.

Conergy AG (CGY GY): Germany's second-largest solar company said its creditors agreed to extend a bridging loan to the end of the year. The shares added 5 cents, or 0.6 percent, to 7.96 euros.

Hochtief AG (HOT GY): Germany's biggest builder said it's not planning to dispose of its European construction business, denying a report by Manager-Magazin. The shares climbed 1.98 euros, or 5.4 percent, to 38.39 euros.

MTU Aero Engines Holding AG (MTX GY): The largest independent provider of jet-engine maintenance plans to hold a conference for analysts and investors. The shares climbed 83 cents, or 4.2 percent, to 20.78 euros.

To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net


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