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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 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 28, 2015
05:49 EDTDDAIFDaimler AG sees FY15 EBIT to be 'significantly' higher than previous year
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05:49 EDTDDAIFDaimler AG reports Q1 net profit EUR 2.05B vs. 1.09B
Reports Q1 revenue up 16% to EUR 34.24B, vs. EUR 29.46B. Reports Q1 unit sales up 13% to 641,600 vehicles. Mercedes-Benz Cars increased its sales by 18% to 459,700 vehicles, achieving its best-ever first quarter in terms of unit sales.
April 23, 2015
19:49 EDTDDAIFAudi plans five additional models for India, Economic Times says
In an interview with the Economic Times, Volkswagen's (VLKAY) Audi India brand director Joe King said the company plans to launch five new models in India within the next five months. "We see huge potential to grow in the Indian market... The GDP is likely to improve as the fundamentals of the Indian economy are strong and softening interest rate will propel demand for the luxury cars," said King. The Economic Times notes that Daimler's (DDAIF) Mercedes-Benz also aims to ramp up efforts in the region. Reference Link
10:00 EDTRYCEYOn The Fly: Analyst Upgrade Summary
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06:22 EDTRYCEYRolls-Royce upgraded to Market Perform from Underperform at Bernstein
Bernstein upgraded Rolls-Royce to Market Perform citing potential change following the new CEO announcement.
06:07 EDTRYCEYRolls-Royce's CEO exit fuels potential bid talk, FT reports
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05:59 EDTDDAIFMercedes-Benz fined $56M by China for price-fixing, FT reports
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05:50 EDTRYCEYRolls-Royce upgraded to Neutral from Underweight at JPMorgan
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April 22, 2015
07:07 EDTRYCEYDucommun wins multiyear contract from Rolls-Royce for Trent 1000-TEN engine
Ducommun (DCO) announced that it has been selected by Rolls-Royce Holdings (RYCEY) to produce complex interconnect systems for the Trent 1000-Ten engine – which will power all variants of the Boeing (BA) 787 Dreamliner. Ducommun will manufacture these products through 2022 at its operation centers in Joplin, Mo. and Guaymas, Mexico. The Trent 1000-TEN engine is scheduled to be certified by the European Aviation Safety Agency before the end of 2015.
05:37 EDTRYCEYRolls-Royce announces Warren East to succeed John Rishton as CEO
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April 20, 2015
08:12 EDTDDAIFMarathon Patent Group announces results of Signal IP Markman ruling
Marathon Patent Group (MARA) announced that on April 17, the United States District Court Central District of California issued the claim construction order in the litigation involving its wholly-owned subsidiary Signal IP and American Honda Motor Co. (HMC), Nissan North America (NSANY), Porsche Cars of North America, Mazda Motor of America, Mercedes-Benz USA (DDAIF), BMW of North America, Subaru of America, Kia Motors America, Mitsubishi Motors North America, Volkswagen (VLKAY), and Jaguar Land Rover North America. A total of 36 claim terms from a total of seven patents were disputed between Signal IP and the defendants.

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