By Joseph Mapother
March 12 (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 rose 0.9 percent to 3,900.70 as of 9:45 p.m. in Frankfurt. The measure is derived from trading in DAX Index futures and provides an outlook for Germany’s benchmark index. The DAX increased 0.7 percent to 3,914.10.
K+S AG (SDF GY): Europe’s largest producer of potash used in fertilizers will report fourth-quarter earnings. The company is likely to report net income of 211.5 million euros ($271.7 million), based on the average of four analyst estimates compiled by Bloomberg. The stock fell 0.3 percent to 34.02 euros.
GEA Group AG (G1A GY): The engineer whose machines milk about one third of the world’s cows may report fourth-quarter net income of 28.5 million euros, the average of four analyst estimates compiled by Bloomberg. The stock fell 3.5 percent to 7.44 euros.
Medion AG (MDN GY): The distributor of personal computers and flat-screen televisions sold at the Aldi discount supermarket chain proposed an unchanged dividend of 15 cents for 2008 in a statement after markets closed yesterday. The stock rose 6.4 percent to 6.12 euros.
HanseYachts AG (H9Y GY): Germany’s largest publicly traded yacht maker said it expects “negative results” for the fiscal year ending July 31. Sales will decline roughly as much as through the first half, when sales dropped 58 percent to 21 million euros ($27 million), the company said in a statement after markets closed. The stock was unchanged at 4 euros.
To contact the reporters on this story: Joseph Mapother in Frankfurt at jmapother1@bloomberg.net;
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