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Stock Market & Financial Investment News

News Breaks
April 16, 2014
06:30 EDTRYCEY, DDAIFDaimler, Rolls-Royce price stake at EUR2.43B
Daimler AG (DDAIF) and Rolls-Royce (RYCEY) announce that they have agreed on the valuation of Daimler’s 50% equity interest in the joint venture Rolls-Royce Power Systems Holding Ltd. Both parties have determined the fair market value of Daimler’s shares due to be acquired by Rolls-Royce at a total of EUR 2.43B. The transaction is expected to close within this year and is subject to the usual regulatory approvals. Daimler will recognize the financial impact at the time of closing.
News For DDAIF;RYCEY From The Last 14 Days
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April 1, 2015
10:01 EDTRYCEYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AMC Networks (AMCX) downgraded at Evercore ISI... Altera (ALTR) downgraded to Hold from Buy at Argus... American Airlines (AAL) downgraded to Hold from Buy at Deutsche Bank... AxoGen (AXGN) downgraded to Neutral from Buy at Ladenburg... BB&T (BBT) downgraded to Neutral from Overweight at JPMorgan... CA Technologies (CA) downgraded to Equal Weight from Overweight at Barclays... Catamaran (CTRX) downgraded to Market Perform from Outperform at Leerink... Charter (CHTR) downgraded to Hold from Buy at Wunderlich... Delta Air Lines (DAL) downgraded to Hold from Buy at Deutsche Bank... Domtar (UFS) downgraded to Neutral from Buy at DA Davidson... Fifth Street Finance (FSC) downgraded to Neutral from Buy at UBS... Gold Fields (GFI) downgraded to Sell from Hold at Deutsche Bank... Medley Capital (MCC) downgraded to Neutral from Buy at UBS... Michael Kors (KORS) downgraded to Neutral from Overweight at Piper Jaffray... Norcraft (NCFT) downgraded to Equal Weight from Overweight at Stephens... Nucor (NUE) downgraded to Neutral from Buy at Nomura... ON Semiconductor (ONNN) downgraded to Sell from Neutral at Goldman... Pier 1 Imports (PIR) downgraded to Underweight from Equal Weight at Morgan Stanley... Pinnacle Financial (PNFP) downgraded to Hold from Buy at Sandler ONeill... Rolls-Royce (RYCEY) downgraded to Underperform from Market Perform at Bernstein... Sibanye Gold (SBGL) downgraded to Sell from Hold at Deutsche Bank... Steel Dynamics (STLD) downgraded to Neutral from Buy at Nomura... SunTrust (STI) downgraded to Hold from Buy at Sandler O'Neill... Telefonica Brasil (VIV) downgraded to Hold from Buy at HSBC... UTi Worldwide (UTIW) downgraded to Sector Perform from Outperform at RBC Capital... United Continental (UAL) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded at Sterne Agee.
07:44 EDTDDAIFDaimler plans three-year contract extension for CEO Zetsche, Bloomberg says
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05:43 EDTRYCEYRolls-Royce downgraded to Underperform from Market Perform at Bernstein
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March 27, 2015
09:26 EDTDDAIFMercedes-Benz to launch pickup truck within five years, Reuters says
Daimler AG's Mercedes-Benz plans to launch a mid-size pickup truck within next five years, reports Reuters, citing company and spokesperson statements. Mercedes will roll out the vehicle in Latin America, South Africa, Australia and Europe but has not yet decided whether to launch in the U.S., said a spokesperson. The truck will be built by Daimler's van division, said the company. Reference Link
March 24, 2015
06:28 EDTRYCEYAirbus says RwandAir signs MOU for two A330 aircraft
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