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Stock Market & Financial Investment News

News Breaks
July 7, 2014
07:07 EDTDDAIF, AUDVF, BAMXYDaimler foresees sales to beat Audi, BMW in China this year, Reuters says
Daimler (DDAIF) foresees its Mercedes-Benz brand to surpass rivals Audi (AUDVF) and BMW (BAMXY) by number of vehicles sold in China this year as its new strategy for the globe's largest vehicle market begins to bear fruit, according to Reuters, citing comments from management board member in charge of Daimler's business in China Hubertus Troska in the German newspaper Frankfurter Allgemeine Zeitung. Reference Link
News For DDAIF;AUDVF;BAMXY From The Last 14 Days
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September 10, 2014
12:27 EDTDDAIFDaimler aiming for $3.9B German facility overhaul, WSJ says
Daimler is aiming to invest over $3.9B in its vehicle facilities in Germany this year and reorganize its world-wide manufacturing networks to reduce expenses and improve on fast-paced growth management, according to The Wall Street Journal, citing comments from Mercedes-Benz's production chief Markus Schafer. Reference Link
06:32 EDTDDAIFDaimler reveals new Mercedes AMG GT to rival Porsche, Reuters says
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September 9, 2014
06:54 EDTDDAIFChamber of Commerce says China antitrust efforts may be illegal, NY Times says
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September 8, 2014
08:10 EDTDDAIFDaimler AG, Haldex set up partnership for ModulT disc brake
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07:34 EDTDDAIFU.S. claims China breaks commitments amid Qualcomm, Microsoft probes, WSJ says
As Microsoft (MSFT) and Qualcomm (QCOM) are being investigated for potential monopolistic activity by Chinese regulators and lawmakers there recently alleged price manipulation by foreign automakers including Toyota (TM), Honda (HMC) and Daimler (DDAIF), the U.S. Chamber of Commerce alleged that China's use of its antimonopoly law has been subjective and its implementation skewed to favor China's local companies, reported The Wall Street Journal. Reference Link
06:14 EDTDDAIFDaimler boosting production in Alabama by 60,000, Detroit News reports
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