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Stock Market & Financial Investment News

News Breaks
February 14, 2014
08:43 EDTDDAIF, SI, EADSYAirbus buying regional bank, Bloomberg reports
Airbus Group is buying Salzburg Muenchen Bank from the Raiffeisenverband Salzburg cooperative for an undisclosed sum with plans to create an in-house bank, reports Bloomberg. The plane maker is following companies like Daimler (DDAIF) and Siemens (SI) who provide financial services for customers. Reference Link
News For EADSY;DDAIF;SI From The Last 14 Days
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August 26, 2014
06:42 EDTDDAIFCCI charges automakers $420M for anti-competitive tendencies, Reuters says
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August 20, 2014
06:16 EDTDDAIFHitachi among auto-part makers fined by China, WSJ reports
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August 19, 2014
16:45 EDTEADSYBombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
August 18, 2014
06:37 EDTDDAIFReport says Mercedes-Benz at fault for price-fixing in China, Reuters says
China's News agency Xinhua reported that the Jiangsu Province Price Bureau found Daimler's Mercedes-Benz responsible for charges which accused the company of fixing prices for after-sales services in the country, according to Reuters, citing the report. Reference Link

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