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Stock Market & Financial Investment News

News Breaks
December 4, 2012
11:32 EDTDDAIF, EADSYEADS studying buyback of as much EUR3B to offset offerings, Bloomberg says
EADS (EADSY) may buyback of as much as EUR3B of its stock next year to offset the effect of large share sales from some of its biggest stakeholders, including Daimler (DDAIF), according to people familiar with the potential plan, reported Bloomberg. Reference Link
News For EADSY;DDAIF From The Last 14 Days
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January 28, 2015
06:22 EDTEADSYAirbus CEO promises "management consequences" after A400M delays, FT says
Airbus CEO Tom Enders promised "management consequences" within the company after further delays delivering its A400M military plane, reports the Financial Times, citing a speech given to U.K. government and military officials. The U.K. has ordered 22 planes in total, and Enders vowed to deliver seven of those to the Royal Air Force by late 2015. Germany is demanding penalty payments over deficiencies in the A400M already delivered to them, and the Financial Times notes that Airbus' defense and space division and its Spanish division are likely candidates for leadership changes. Reference Link
January 21, 2015
09:04 EDTEADSYEmirates to buy 100 Airbus A380 if engine receives upgrade, Bloomberg says
Emirates has committed to buying 100 more Airbus A380 planes on the condition that the company upgrades its engines, reports Bloomberg. The offer comes as new A380 orders crawled to a halt in 2014 and Airbus focuses on its new A350 wide-body. The development of the new "Neo" engines would cut seat-mile costs by 10%-13%. Reference Link
January 14, 2015
12:09 EDTDDAIFDaimler AG recalls 114,000 Mercedes in Germany due to bad seals, Reuters says
Daimler announced that it is recalling 114,000 of its four-cylinder diesel-engined Mercedes-Benz cars in Germany due to poor seals that can cause potential oil leaks, Reuters reports. Reference Link

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