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Stock Market & Financial Investment News

News Breaks
July 16, 2014
11:42 EDTDDAIFDaimler to debut new Smart 4, 2 seat vehicles, Automotive News says
Daimler's Smart unit is poised to debut its new ForFour four-seat minicar and the latest model of its ForTwo two-seat microcar in Berlin, according to Automotive News, citing comments from Smart brand Chief Annette Winkler. 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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