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Stock Market & Financial Investment News

News Breaks
August 20, 2014
06:16 EDTDDAIF, HTHIYHitachi among auto-part makers fined by China, WSJ reports
China has fined 12 Japanese auto-part makers a total of $202M for alleged price manipulation, the Wall Street Journal reports. Hitachi (HTHIY), NSK, NTN and Sumitomo Corp are among the companies to be fined by the National Development and Reform Commission for colluding over prices of auto parts. Daimler (DDAIF), Audi and BMW may also face penalties from the NDRC over the cost of spare parts in China. Reference Link
News For HTHIY;DDAIF From The Last 14 Days
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November 19, 2014
06:18 EDTDDAIFDaimler targeting Chinese drivers to spur Maybach revival, FT reports
Daimler's (DDAIF) mothballed Maybach luxury brand is set to be relaunched in China, the Financial Times reports. Maybach, which will be relaunched as a top-end variant of Daimler's Mercedes-Benz, previously competed against Rolls Royce (RYCEY) and Bentley. Reference Link

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