By Nadja Brandt
Feb. 20 (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 dropped 1 percent to 4,157.71. The measure, derived from trading in DAX Index futures, provides an estimate of Germany’s benchmark index. The DAX added 0.2 percent to 4,215.21.
Deutsche Postbank AG (DPB GY): The company’s long-term issuer default rating was downgraded to “A-” from “A” by Fitch Ratings on expectations Germany’s biggest consumer lender will be hurt by the global recession. The shares climbed 5.8 percent to 9.26 euros.
Hypo Real Estate Holding AG (HRX GY): The company’s biggest shareholder, J. C. Flowers & Co., wants about 3 euros ($3.80) a share for its Hypo stake, Frankfurter Allgemeine Zeitung said. The shares climbed 0.6 percent to 1.64 euros.
Pfleiderer AG (PFD4 GY): The laminate-flooring maker with 22 factories on two continents posted an 80 million-euro ($101.6 million) loss last year as the global economic slump hurt orders. The shares increased 0.5 percent to 4.44 euros.
To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net
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