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Stock Market & Financial Investment News

News Breaks
January 8, 2013
10:46 EDTSI, AIXG, DDAIF, BASFY, TYEKFNovember German factory orders drop 1.8% sequentially, Bloomberg says
November German factory orders were down 1.8% from October compared to economists' predictions of a 1.4% drop, says Bloomberg. Reference Link
News For SI;AIXG;DDAIF;BASFY;TYEKF From The Last 14 Days
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July 22, 2014
07:24 EDTDDAIFMercedes invests in training, distribution to catch up in China, WSJ says
Daimler's (DDAIF) Mercedes-Benz unit is investing in China to build its biggest training facility in the world for car dealers and to add 100 new distribution outlets as it works to close the gap in the country with German automaking rivals BMW (BAMXY) and Audi, reported The Wall Street Journal. Reference Link
06:24 EDTDDAIFMercedes aims to outpace China luxury car sales growth, Bloomberg says
Daimler’s Mercedes-Benz foresees outpacing the growth in industry sales of luxury cars in China this year, after merging two rivaling sales networks and adding new models including its new C-class sedan, according to Bloomberg, citing comments from the head of Mercedes-Benz in China Nicholas Speeks. Speeks said the car manufacturer is confident that deliveries will exceed 300K units next year with sales this year reaching close to 250K units. Reference Link
July 18, 2014
10:03 EDTDDAIFOn The Fly: Analyst Downgrade Summary
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04:59 EDTDDAIFDaimler AG downgraded to Neutral from Outperform at Credit Suisse
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July 17, 2014
08:27 EDTDDAIFMercedes-Benz issues recall due to air bag assembly error
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July 16, 2014
11:42 EDTDDAIFDaimler to debut new Smart 4, 2 seat vehicles, Automotive News says
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July 10, 2014
10:14 EDTBASFYBASF, Alpek sign agreements regarding EPS, PU business activities in Americas
Alpek, S.A.B. de C.V. and BASF announced that they have signed agreements concerning the EPS -- expandable polystyrene -- and PU -- polyurethane -- business activities of their Polioles joint venture in Mexico, and BASF's EPS business in North and South America, excluding BASF's Neopor business. Alpek will acquire all of Polioles' EPS business activities, including its EPS production site in Altamira, Mexico. In parallel, BASF will acquire Polioles' PU business activities, including selected assets in its Lerma facility as well as all marketing and selling rights for PU systems, isocyanates and polyols. Upon completion of the transaction, Polioles will continue operations as an Alpek-BASF joint venture with a product portfolio comprised of industrial and specialty chemicals. Under the agreements, Alpek will also acquire BASF's EPS business activities in North and South America, including: BASF's EPS sales and distribution channels in North and South America, BASF's EPS production facilities in Guaratinguetá, Brazil, and General Lagos, Argentina, and BASF's EPS foam parts business in Chile. . Approximately 440 employees work in the businesses that are subject to the agreements -- 380 employees in the EPS businesses and 60 employees in the PU business. The majority of these employees will keep their position under the new ownerships. BASF will continue to sell Neopor to its customers in the United States, Canada and South America. In Mexico, Alpek will sell Neopor for BASF based on a distribution agreement. BASF will focus its EPS business on strategic markets in Europe and Asia as well as on Neopor, which is produced in Germany and Korea.
July 9, 2014
06:07 EDTDDAIFDaimler could introduce self-driving trucks as early as 2025, Detroit News says
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