By Richard Weiss
Oct. 13 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in Germany. Stock symbols are in parentheses and prices are from the last close.
The DAX index gained 1.3 percent to 5,783.23.
CR Capital Real estate AG (CRZ GY): The property company said it will buy back as many as 1.5 million of its 15 million shares outstanding. The shares fell 4.4 percent to 0.86 euros.
Deutsche Bank AG (DBK GY): Germany’s biggest bank’s Chief Executive Officer Josef Ackermann said the global financial industry and economy remain “fragile” because of the threat of corporate insolvencies and rising unemployment. The shares rose 2.1 percent to 54.39 euros.
Deutsche Lufthansa AG (LHA GY): Europe’s second-largest carrier may face declining passenger numbers due to falling leisure travel, Handelsblatt reported, citing Thierry Antinori, a board member responsible for the carrier’s passenger unit. Lufthansa rose 1.1 percent to 11.94 euros.
Metro AG (MEO GY): Germany’s biggest retailer may scrap a plan to buy Karstadt department stores from insolvent retailer Arcandor AG and instead sell its own Kaufhof department store unit, Handelsblatt said. Metro shares rose 0.3 percent to 38.10 euros.
To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net.
Posts
No comments:
Post a Comment