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Stock Market & Financial Investment News

News Breaks
April 16, 2014
06:30 EDTDDAIF, RYCEYDaimler, Rolls-Royce price stake at EUR2.43B
Daimler AG (DDAIF) and Rolls-Royce (RYCEY) announce that they have agreed on the valuation of Daimlerís 50% equity interest in the joint venture Rolls-Royce Power Systems Holding Ltd. Both parties have determined the fair market value of Daimlerís 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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July 1, 2015
15:36 EDTRYCEYEngine makers compete for Chinese contracts after Airbus order, Reuters says
Following China's large Airbus (EADSY) order on Tuesday, certain aircraft engine manufacturers are competing to secure contracts with Chinese airlines, reports Reuters, citing industry sources. Reuters notes that the Airbus A330s ordered by China are available with a choice of engines from General Electric (GE), United Technologies (UTX), and Rolls-royce (RYCEY). Reference Link
13:19 EDTDDAIFMercedes-Benz USA reports June sales up 5.8% to 28,044 vehicles
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June 24, 2015
18:25 EDTRYCEYRolls-Royce awarded $100M government contract
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June 23, 2015
08:30 EDTDDAIFFiat Chryslerís Alfa Romeo revamp key test to turnaround plan, Reuters says
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