By Nadja Brandt
May 29 (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 0.2 percent to 4,967.96. The measure, derived from trading in DAX Index futures, provides an estimate of Germany’s benchmark index. The DAX dropped 1.4 percent to 4,932.88.
C.A.T. Oil AG (O2C GY): The Austrian oil-services company operating in Russia and Kazakhstan plans to release first- quarter results. The shares fell 0.7 percent to 4.03 euros.
E.ON AG (EOAN GY): German regional energy supplier HEAG Suedhessische Energie AG may join a group of utilities preparing an offer for E.ON AG’s Thuega unit, Dow Jones Newswires said, citing two unidentified people familiar with the matter. E.ON shares declined 0.4 percent to 25.21 euros.
Munich Re (MUV2 GY): The world’s biggest reinsurer said U.S. reinsurance rates rose in the renewals for July. The shares fell 0.1 percent to 97.66 euros.
SAP AG (SAP GY): Outgoing Co-Chief Executive Officer Henning Kagermann forecast double-digit growth at the world’s biggest maker of business-management software, Frankfurter Allgemeine Zeitung said.
Growth will primarily be driven by product sales rather than license revenue, the chief told the newspaper in an interview. He didn’t specify the time frame. The shares were little changed at 30.22 euros.
To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net
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