Economic Calendar

Thursday, November 20, 2008

Arques Industries, MVV Energie, Nordex: German Equity Preview

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By Nadja Brandt

Nov. 20 (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 dropped 1.5 percent to 4,280.72. The measure, derived from trading in DAX Index futures, provides an estimate of Germany's benchmark index. The DAX fell 4.9 percent to 4,354.09.

Arques Industries AG (AQU GY): The investment company removed from Germany's MDAX Mid-Cap Index in June plans to release third-quarter results. The shares declined 31 cents, or 13 percent, to 2.05 euros.

MVV Energie AG (MVV1 GY): The operator of seven local German utilities is schedule to report third-quarter results. The shares advanced 3 cents, or 0.1 percent, to 31.03 euros.

Nordex AG (NDX1 GY): The windmill maker plans to post third-quarter results. The shares fell 1.78 euros, or 16 percent, to 9.24 euros.

Sixt AG (SIX2 GY): Germany's largest car-rental company is scheduled to release third-quarter results. The shares decreased 34 cents, or 3 percent, to 10.87 euros.

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




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