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Stock Market & Financial Investment News

News Breaks
June 9, 2013
17:10 EDTDDAIFDaimler plans to cut IT spending by EUR150M each year, Reuters says
Daimler wants to cut annual costs by 2B euros for its Mercedes-Benz division by the end of 2014, and plans to cut spending on IT services by 150M euros each year by the end of 2016, says Reuters, citing German weekly Automobilwoche. Reference Link
News For DDAIF From The Last 14 Days
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April 16, 2014
06:30 EDTDDAIFDaimler, Rolls-Royce price stake at EUR2.43B
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April 9, 2014
06:37 EDTDDAIFDaimler projects FY14 profit growth as strategy 'paying off,' Bloomberg says
Daimler CEO Dieter Zetsche feels that his expansion of Mercedes-Benz model offerings will allow the luxury car maker to beat rivals' sales growth and increase operating profit “significantly” in FY14, according to Bloomberg, citing comments from Zetsche. Zetsche said, "Our determination is paying off." Reference Link
April 3, 2014
07:36 EDTDDAIFBAIC seeking foreign acquisitions, WSJ reports
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April 2, 2014
06:50 EDTDDAIFDaimler mulls Mercedes car production in Russia, Bloomberg says
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