Friday, July 12, 2019

Daimler Again Lowers 2019 Earnings Outlook

German automaker Daimler AG on Friday lowered its earnings outlook for fiscal year 2019 after its second-quarter earnings came in significantly below market expectations. The maker of Mercedes-Benz cars said its earnings for the second quarter were impacted by increased costs and provisions related to the crackdown on diesel emissions and the recall related to Takata airbags.

from RTT - Earnings https://ift.tt/2G8IZ2E
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