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Stock Market & Financial Investment News

News Breaks
December 5, 2012
12:26 EDTDDAIF, EADSYDaimler AG says reduction of EADS shares in 2012 proceeding as planned
Daimler (DDAIF) welcomes and supports the new organization of the shareholder structure at EADS (EADSY) and the related conclusion of a new shareholder agreement replacing the existing one. As before, Daimler intends to reduce its equity interest in EADS before the end of 2012 and in this context will sell some of its EADS shares, among others to KfW. Daimler and KfW are in close contact on this matter. Final decisions on the exact details of the sale will be made soon.
News For DDAIF;EADSY From The Last 14 Days
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June 17, 2013
05:59 EDTEADSYEADS CEO: Window closed on any BAE Systems deal, Reuters reports
European aerospace firm EADS (EADSY) CEO Tom Enders ruled out another attempt to merge with Britain's BAE Systems (BAESY), saying that both companies had moved on after the failure of last year's $45B deal, reports Reuters. Reference Link
June 16, 2013
21:30 EDTEADSYILFC said to be set to order $5B worth of Airbus jets, Reuters reports
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16:07 EDTEADSYAirbus said to win order from Doric worth over $4B, Bloomberg says
Airbus SAS (EADSY) is said to be set to win an order for more than 10 A380 double-decker airliners from leasing company Doric Asset Finance, says Bloomberg, citing people familiar with the situation. Doric will formally announce the order from the Paris Air Show tomorrow, added Bloomberg. Reference Link
June 14, 2013
15:42 EDTEADSYUnited to shift order to bigger Boeing, Airbus planes, Bloomberg says
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08:00 EDTEADSYBoeing to build a larger 787, compete with Airbus A350, Reuters reports
Boeing (BA) is set to launch a larger version of its 787 Dreamliner jetliner to meet demand for long-haul travel within Asia and other long-haul routes, sources say, reports Reuters.The bigger plane would compete with the Airbus A350 (EADSY). Reference Link
06:56 EDTEADSYNew Airbus A350 XWB makes first flight, CNET says
EADS (EADSY) subsidiary, Airbus, announced that it's newest plane the Airbus A350 XWB, made its first flight, reported CNET. The plane was created in response to Boeing's (BA) Dreamliner. Reference Link
June 13, 2013
14:21 EDTEADSYEADS CEO says won't sell defense business, Reuters reports
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11:55 EDTDDAIFData shows NAV truck market struggled in May, says Wells Fargo
Wells Fargo says Ward's U.S. retail sales data for May shows that NAV continues to struggle with market share amid the engine technology transition. Class 8 truck market share for May dropped to 12.5% from 15.0% in April, with PACCAR (PCAR) and Volvo (VOLVY) gaining share and Daimler (DDAIF) losing share, Wells noted, citing Ward's data.
June 11, 2013
13:34 EDTEADSYAirbus plans A350 flight for Friday, Reuters says
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June 10, 2013
12:45 EDTDDAIFDaimler, Evonik consider selling e-car battery venture, WSJ says
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June 9, 2013
17:10 EDTDDAIFDaimler plans to cut IT spending by EUR150M each year, Reuters says
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June 7, 2013
07:10 EDTDDAIFEuropean auto industry worried about China trade duties, Reuters reports
The European auto industry (VLKAY, DDAIF, PEUGY) is concerned China could impose retaliatory trade duties on luxury cars imported from the EU, should the EU Commission not back down over unfair trade practices in China, reports Reuters. Reference Link
06:10 EDTDDAIFOn the Fly: Periodicals Wrap-Up
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June 6, 2013
08:22 EDTDDAIFDaimler, BMW to skip summer production breaks, Bloomberg reports
Daimler (DDAIF) will not take its traditional summer breaks at most of its car factories with models like the revamped Mercedes-Benz E-Class keeping assembly lines busy even as European auto demand falls to a 20-year low, reports Bloomberg. BMW is also either preparing for new models or keeping plants churning out cars to meet demand. This contrasts with factory shutdowns and job cuts at such as PSA Peugeot Citroen (PEUGY) and Ford (F). Reference Link
June 5, 2013
08:31 EDTDDAIFVolkswagen ready to restart its move in trucks, Bloomberg reports
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June 4, 2013
07:12 EDTEADSYAirlines increase spending on wide-body planes as profits grow, Bloomberg says
Airline executives (DLAKY) are set to spend more on orders for the latest wide-body planes from Airbus SAS (EADSY) and Boeing (BA) as consolidation and cost cuts give them more reason for optimism for a rebound in earnings this year, reports Bloomberg.Reference Link
06:07 EDTEADSYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Strong demand for pickup trucks and sport-utility vehicles boosted U.S. sales in May for major automakers (F, GM, NSANY, TM), but the auto industry rebound that has helped buoy the U.S. economy since early last year is showing signs of leveling off, the Wall Street Journal reports...In the midst of North America's energy boom (CHK, HESS, RIG, OXY, MUR, APA), several long-serving CEOs and board chairmen have been booted in recent months, pushed out by activist shareholders demanding restraint and oversight. Others appear to be running scared, making shareholder-friendly gestures, including higher dividends and lower executive pay, the Wall Street Journal reports...REUTERS: Japan's government is set to urge the nation's public pension funds- a pool of over $2T -to increase their investment in equities and overseas assets as part of a growth strategy being readied by Prime Minister Shinzo Abe, sources say, Reuters reports...Two companies linked to Chinese state-backed groups- Chinalco Mining Corp. International or Hong Kong-listed MMG group -are weighing rival bids for Glencore Xstrata’s (GLNCY) roughly $5B worth of copper mines in Peru, sources say, Reuters reports...BLOOMBERG: Stocks gained in Europe and Asia after a Federal Reserve official said the bank is committed to record stimulus. The dollar strengthened, commodities fell and Turkish shares rebounded from the biggest drop in a decade, Bloomberg reports...Airline executives (DLAKY, are set to spend more on orders for the latest wide-body planes from Airbus SAS (EADSY) and Boeing (BA) as consolidation and cost cuts give them more reason for optimism for a rebound in earnings this year, Bloomberg reports.

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