среда, 31 октября 2007 г.

Balda, Deutsche Boerse, Fresenius, MAN: German Equity Preview

The following stocks may rise or fall in German markets.

Germany's X-DAX Index rose 0.4 percent to 7947.04. The index provides an estimate of the DAX Index, based on trading in DAX futures after the Xetra electronic market closes. The DAX fell 0.4 percent to 7,977.94 on the Xetra electronic-trading system.

Stock symbols are in parentheses after the company names and prices are from the Xetra close unless otherwise stated.

Balda AG (BAD GY): The world's second-largest maker of plastic mobile-phone cases is scheduled to release third-quarter results. Balda in August posted a fourth straight quarterly loss and scrapped its full-year forecasts because of delays at its touch-screen components unit. The shares fell 48 cents, or 6.3 percent, to 7.19 euros.

Bijou Brigitte Modische Accessoires AG (BIJ GY): The discount jewelry retailer plans to report nine-month results. The company in August said first-half earnings fell 2.6 percent after a sales-tax increase. The shares climbed 3.08 euros, or 2.4 percent, to 130 euros.

Deutsche Bank AG (DBK GY): Germany's biggest bank is scheduled to report final third-quarter results. The bank will probably report an increase in profit as gains from tax credits and asset sales help offset investment-banking losses, according to analysts surveyed by Bloomberg News. The shares climbed 75 cents, or 0.9 percent, to 88.80 euros.

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