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Stock Market & Financial Investment News

News Breaks
April 21, 2014
07:27 EDTDDAIF, BAMXYDaimler, BMW target wealthy customers with new cars, Reuters says
BMW (BAMXY) revealed a high-end concept sedan in Beijing to test client demand for a vehicle that would cost more than company's current flagship 7 series limousine, according to Reuters, citing comments from Ian Robertson, BMW Group's board member responsible for sales and marketing. BMW's effort comes as its competitor, Daimler (DDAIF), also gauging demand for reviving its disbanded luxury Maybach brand. Reference Link
News For DDAIF;BAMXY From The Last 14 Days
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October 20, 2014
06:39 EDTBAMXYReport says BMW CFO expects sales to increase more in FY15, Reuters says
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October 15, 2014
10:02 EDTDDAIFOn The Fly: Analyst Upgrade Summary
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05:30 EDTDDAIFDaimler AG upgraded to Overweight from Underweight at Barclays
October 14, 2014
05:56 EDTDDAIFDaimler sees FY14 industrial free cash flow significantly lower than last year
Daimler is reviewing its guidance for the free cash flow of its industrial business excluding the effects of acquisitions and disposals for FY14. Hitherto, Daimler had assumed that the free cash flow of the industrial business adjusted for the effects of acquisitions and disposals would probably be significantly lower in 2014 than in the previous year. The individual divisions continue to aim for the following EBIT from the ongoing business in FY14: Mercedes-Benz Cars: significantly above the prior-year level, Daimler Trucks: significantly above the prior-year level, Mercedes-Benz Vans: at the prior-year level, Daimler Buses: significantly above the prior-year level, and Daimler Financial Services: slightly above the prior-year level.
05:55 EDTDDAIFDaimler reports Q3 industrial free cash flow ex-items EUR 2.9B
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October 7, 2014
09:30 EDTDDAIFDaimler to begin making medium truck engines for North America, HDT says
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09:27 EDTDDAIFWells says Daimler decision to make engines negative for Cummins
Wells Fargo says Daimler's (DDAIF) announced intention to begin producing medium truck engines for its North American applications beginning in early 2016 is a negative for Cummins (CMI). Wells believes Daimler's decision is a threat to Cummins' supply relationship with Daimler's North American truck business. The firm estimates Cummins realized 45K engines and after-treatment systems to Daimler's North American Class 6-7 truck business over the twelve months ending August 2014. It has a Market Perform rating on the stock.

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