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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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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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September 3, 2014
13:57 EDTDDAIFMercedes-Benz reports August sales up 9.4% to 27,078 vehicles
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12:04 EDTDDAIFDaimler's Moovel acquires RideScout, myTaxi
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