Bloomberg News

Commerzbank, E.ON, Lufthansa, Premiere: German Equity Preview

January 09, 2009

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.

DAX (DAX) Index futures expiring in March advanced 8.5, or 0.2 percent, to 4,916.5 as of 8:08 a.m. in Frankfurt. The DAX decreased 1.2 percent to 4,879.91.

Commerzbank AG (CBK) : The German government will take two seats on Commerzbank’s supervisory board after acquiring a stake in the country’s second-largest bank, Handelsblatt reported, citing no one.

Separately, UBS AG lowered its share-price estimate for Commerzbank 21 percent to 5.50 euros. The shares dropped 84 cents, or 14 percent, to 5.25 euros.

E.ON AG (EOAN GY): Russia and the European Union clinched a deal on monitoring gas shipments through Ukraine, paving a way for the resumption of deliveries to EU countries. E.ON, Germany’s biggest utility, sank 11 cents, or 0.4 percent, to 28.88 euros.

Deutsche Lufthansa AG (LHA) : Europe’s second-largest airline “still has time” to make an offer for a partnership with Alitalia SpA, Corriere della Sera reported, citing comments by Prime Minister Silvio Berlusconi. Lufthansa fell 13.5 cents, or 1.2 percent, to 11.325 euros.

Premiere AG (PRE GY): Germany’s biggest pay-television company said it plans to raise as much as 38.4 million euros ($52.6 million) by selling new shares. The shares fell 26 cents, or 6.7 percent, to 3.60 euros.

RWE AG (RWE) : The country’s second-largest utility has become frontrunner in the pursuit for control of Dutch utility Essent NV since Eni SpA looks set to withdraw from the bidding, the Financial Times reported, without saying where it got its information. The shares declined 17 cents, or 0.3 percent, to 65.83 euros.

Wilex AG (WL6 GY): The biotechnology company working on cancer drugs said it plans to acquire the worldwide rights to further develop the preclinical oncology portfolio of Brussels-based UCB Pharma SA. The shares gained 27 cents, or 11 percent, to 2.80 euros.

To contact the reporter on this story: Nadja Brandt in Los Angeles at; Stefanie Haxel in Frankfurt at

To contact the editor responsible for this story: Daniel Hauck at

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