Thursday, February 1, 2018

Daimler Q4 Profit Climbs, Lifts Dividend; Warns On FY18 Earnings; Stock Dips

Shares of Daimler AG were losing around 2 percent in German trading after the automotive giant on Thursday cautioned on fiscal 2018 earnings due to high spending on new technologies. This was despite reporting significant growth in fourth-quarter profit. The company also lifted its dividend.

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