News: Daimler AG (DDAIF.PK)

DDAIF.PK on OTC Markets Group

85.52USD
29 Jul 2014
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$0.44 (+0.52%)
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Tue, Jul 29 2014

Daimler reaches labour deal on overhauling German sales network

FRANKFURT, July 29 - Daimler's works' council on Tuesday said it had agreed a deal to overhaul a network of company-owned Mercedes sales outlets in Germany, after management provided dealership employees with job guarantees until 2023.

Daimler says has more to do on costs after solid results

FRANKFURT - Daimler produced a forecast-beating 12 percent profit increase in the second quarter as its new Mercedes C-Class and E-Class cars helped to lift profit margins. | Video

UPDATE 4-Daimler says has more to do on costs after solid results

* Daimler affirms 2014 outlook (Recasts, includes new CEO comments from analyst call)

European shares propped up by chemical and car stocks

LONDON, July 23 - Higher profits at carmaker Daimler and chemicals group Akzo Nobel lifted European shares on Wednesday, offsetting concerns about tighter Western sanctions on Russia over the Ukraine crisis.

Daimler CEO expects currency headwinds of up to 1 bln eur in 2014

FRANKFURT, July 23 - Daimler Chief Executive Dieter Zetsche on Wednesday said he expected the maker of luxury cars and trucks to face currency headwinds of up to 1 billion euros ($1.35 billion) this year. ($1 = 0.7427 Euros) (Reporting by Edward Taylor; Editing by Arno Schuetze)

Daimler, Akzo Nobel prop up European equities

LONDON, July 23 - Forecast-beating earnings from carmaker Daimler and chemicals group Akzo Nobel lifted European shares on Wednesday, offsetting concerns about a ramping up of sanctions against Russia over the Ukraine crisis.

Better earnings provide support for European shares, led by Daimler

EDINBURGH, July 23 - European stocks rose on Wednesday on the back of generally strong earnings despite investors' concerns over the possibility of fresh European Union sanctions against Russia over the Ukraine crisis.

BRIEF-Daimler shares start 2 percent higher after Q2 results

July 23 - Daimler AG : * Shares start 2 percent higher after Q2 results

European Factors to Watch-Shares to edge back; focus on Ukraine

(Adds detail, company news, updates table) EDINBURGH, July 23 - European stocks were seen edging lower at the open on Wednesday, easing back from a surge in the previous session as investors remained jittery over conflicts in Ukraine and the Middle East. The FTSEurofirst 300 index of top European shares ended 1.3 percent stronger at 1,373.75 points on Tuesday, boosted by good earnings and signs of co-operation between rebels and the West for an investigation into the shooting d

Daimler Q2 slumps even as Mercedes-Benz renaissance continues

FRANKFURT, July 23 - Daimler's second-quarter operating profit fell 41 percent even as new models including the C-Class sedan hitting showrooms boosted earnings at its Mercedes-Benz Cars division by 35 percent.

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