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Stock Market & Financial Investment News

News Breaks
July 17, 2014
08:27 EDTDDAIFMercedes-Benz issues recall due to air bag assembly error
Mercedes-Benz USA, a Daimler company, is recalling certain model year 2014 SLK 250, SLK 350, SLK 55 AMG, SL 550, SL 63 AMG, and SL 65 AMG vehicles manufactured March 19 through May 5. Due to an air bag assembly error, the front passenger air bag may not deploy properly. Mercedes-Benz will notify owners, and dealers will replace the front passenger air bag, free of charge. Parts for the remedy are not currently available. Mercedes-Benz will send an interim letter to owners in July. A second owner letter will be mailed when parts are available. Until the vehicle has been remedied, owners are advised that passengers or other items should not be placed in the passenger seat. Reference Link
News For DDAIF From The Last 14 Days
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May 28, 2015
07:09 EDTDDAIFAccuride signs multi-year agreement with Daimler Trucks North America
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May 25, 2015
18:56 EDTDDAIFDaimler to invest EUR500M in Berlin Mercedes-Benz plant
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12:37 EDTDDAIFQualcomm, Daimler announce strategic collaboration on connected car technology
Daimler AG (DDAIF) and Qualcomm Technologies, a subsidiary of Qualcomm (QCOM), announced a strategic collaboration focused on vehicle innovation. In the first phase of the collaboration, the companies will focus on developing vehicles with mobile technologies such as 3G/4G connectivity, wireless charging technology, and implementation of the Qualcomm "Halo" wireless electric vehicle charging technology. In addition, the companies are jointly assessing the application of Qualcomm's newly developed "Automotive Solutions." Qualcomm Technologies is collaborating with Daimler on its wireless power transfer 2.0 program for electric vehicles. The Qualcomm Halo technology could allow Daimler customers to charge their electric vehicles and plug-in hybrid EVs without having to plug them in. In addition, Qualcomm WiPower technology enables consumer electronics to charge wirelessly in-vehicle.
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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