Economic Calendar

Wednesday, November 19, 2008

Alstria Office, BASF, HeidelbergCement: German Equity Preview

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By Nadja Brandt

Nov. 19 (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.

The X-DAX Index slipped 0.1 percent to 4596.01. The measure, derived from trading in DAX Index futures, provides an estimate of Germany's benchmark index. The DAX added 0.5 percent to 4,579.47.

Alstria Office REIT-AG (AOX GY): Germany's first real estate investment trust plans to release third-quarter results. The shares dropped 17 cents, or 5.2 percent, to 3.13 euros.

BASF SE (BAS GY): The world's largest chemical company is dropping plans to build a gas pipeline in southern Germany, Frankfurter Allgemeine Zeitung said. The shares fell 12 cents, or 0.5 percent, to 25.43 euros.

HeidelbergCement AG (HEI GY): Germany's biggest cement maker said it's ``not affected'' by billionaire owner Adolf Merckle's attempts to prop up its struggling VEM Vermoegensverwaltung GmbH. The shares slipped 0.1 percent to 39.88 euros.

QSC AG (QSC GY): The phone and Internet-service provider whose customers include N-TV television channel, plans to report final third-quarter results. The company earlier this month said earnings before interest, taxes, depreciation and amortization more than doubled to 18.3 million euros, compared with the 16.5 million-euro average estimate of five analysts compiled by Bloomberg. The shares declined 3 cents, or 2.2 percent, to 1.35 euros.

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




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