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Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:13 EDTDDAIFDaimler CEO says new Mercedez-Benz CLA car to go on sale in 1H15, WSJ says
Daimler CEO Dieter Zetsche says the fifth model in the Mercedez-Benz CLA compact car family will go on sale in 1H15, the Wall Street Journal reports. The car, which will be built at its factory in Hungary, will add a "Shooting Brake." Reference Link
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May 22, 2015
08:57 EDTDDAIFNokia CEO says good bids received but no rush on selling HERE, Retuers reports
Nokia (NOK) CEO Rajeev Suri said the company has received high quality bids for its HERE maps unit, while declining to comment on bidders, but added that the company is in no hurry to sell, reported Reuters, citing comments made in an interview with trade magazine European Communications. Prior reports have indicated that Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi and BMW (BAMXY) are partnering with private equity firm General Atlantic in their pursuit of the unit, while Uber is said to be teaming up with Baidu (BIDU) and Apax Partners to also pursue a bid. Reference Link
May 21, 2015
09:15 EDTDDAIFGerman automakers partnering with PE firm on bid for Nokia unit, Reuters says
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May 18, 2015
13:37 EDTDDAIFBaidu, Uber teaming up to pursue Nokia's maps unit, Bloomberg reports
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