Economic Calendar

Wednesday, November 19, 2008

BASF SE, D/S Norden, HeidelbergCement: European Equity Preview

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By Nadja Brandt

Nov. 19 (Bloomberg) -- The following companies may have unusual price changes in European trading. Stock symbols are in parentheses, and share prices are from the previous close.

The Dow Jones Stoxx 600 added 0.8 percent to 201.91. The Dow Jones Stoxx 50 Index climbed 1.5 percent to 2,127.89. The Euro Stoxx 50 Index, a benchmark for the nations using the euro, increased 1.1 percent to 2,390.10.

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.

Coloplast A/S (COLOB DC): Europe's largest maker of colostomy products may say it had fiscal fourth-quarter net income of 83.4 million kroner ($14 million) on sales of 2.16 billion kroner, the average analyst estimates compiled by Bloomberg. The stock lost 5.5 percent to 361 kroner.

D/S Norden A/S (DNORD DC): Denmark's biggest dedicated shipping line may report net income of $127.4 million on $894.6 million in revenue, the mean analyst predictions. The stock retreated 3.1 percent to 148.5 kroner.

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.

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




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