BMW, Deutsche Boerse, Demag, Lufthansa: German Equity Preview

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 benchmark DAX Index fell 81.60 points, or 1.2 percent, to 6,981.49 on March 11.

Bayerische Motoren Werke AG (BMW) : The carmaker’s target of cutting spending on components by 4 billion euros ($5.6 billion) by 2012 has already been reached, Automotive News Europe said, citing Herbert Diess, the company’s head of purchasing. The shares declined 1.4 percent to 56.30 euros.

Daimler AG (DAI) : The carmaker’s Mercedes-Benz unit has decided not to start production in Russia as its sales volumes in the country are still too low, Automotive News reported today, citing Joachim Schmidt, head of sales at Mercedes-Benz. The shares dropped 1.9 percent to 47.79 euros.

Demag Cranes AG (D9C) (D9C GY): The world’s largest maker of harbor cranes will be able to create “significant values” for its shareholders as a stand-alone company in coming years as it benefits from growth in emerging markets, Boersen-Zeitung reported, citing Rainer Beaujean, the chief financial officer of the German company. The shares retreated 1.4 percent to 35 euros.

Deutsche Boerse AG (DB1) (DB1 GY): The German stock exchange operator that plans to buy NYSE Euronext is open for partnerships with other exchanges in the future, preferably in Asia, Frankfurter Allgemeine Sonntagszeitung reported, citing an interview with Chief Executive Officer Reto Francioni. The shares lost 1.3 percent to 54.08 euros.

Deutsche Lufthansa AG (LHA) : The airline plans to hire more than 2,000 additional employees by the end of this year as the carrier boosts passenger capacity to tap rising demand, Spiegel reported, without saying where it obtained the information. The shares slipped 0.6 percent to 14.92 euros.

Puma AG (PUM GY): Europe’s second-largest sporting-goods maker may appoint Franz Koch to replace Chief Executive Officer Jochen Zeitz, Financial Times Deutschland said, without saying where it got the information. The shares tumbled 2.5 percent to 209.45 euros.

ThyssenKrupp AG (TKA) : Germany’s largest steelmaker wants to complete the sale of its Blohm + Voss shipyards to Abu Dhabi MAR in April, Financial Times Deutschland said, without saying where it got the information. The shares slipped 0.4 percent to 28.04 euros.

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