Update 6: DaimlerChrysler Posts 3Q Profit
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DaimlerChrysler AG reported third quarter profits of almost 1 billion euros on Thursday, rebounding from a year-earlier loss, thanks to a strong performance from a Chrysler division rejuvenated by new models like the 300C sedan and Dodge Magnum wagon.
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Bank of America Corp. on Thursday posted third-quarter profits of $3.76 billion, or 91 cents per share, a penny ahead of Wall Street&#39;s expectations.
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Ford Europe Chief Executive John Fleming   said on Thursday the European unit of the U.S. auto maker was   on track to post a profit in 2006 for the third consecutive   year.
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DaimlerChrysler is cash rich to the tune of USD$912 million after selling off its Hyundai Motor Co. Ltd stock yesterday. The world&#39;s ...
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STUTTGART, Germany  - DaimlerChrysler's  market-leading trucks business will make an operating profit this year despite a sharp U.S. market contraction, division head Andreas Renschler told reporters on Friday.
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Daimler AG's profit rose to $5.83 billion in 2007 as demand for its upscale sedans and SUVs drove sales, the German automaker reported Thursday.
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Operating profit at Volkswagen rose more than 50 percent in the third quarter, thanks to resurgent earnings at its core VW brand.
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German premium carmaker BMW reported a lower-than-expected 7.6 percent rise in third-quarter pretax profit, but reaffirmed its forecast for record revenues, earnings and car sales in 2004.
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FRANKFURT, Germany (International Herald-Tribune) - Automaker Daimler AG, which sold off most of its stake in Chrysler this year, posted a loss of $2.18 billion for the third quarter on Thursday, largely because of write-offs related to the undoing of its merger with Chrysler. Analysts had expected a loss, given the Chrysler sale.  Excluding the one-time charges, the company said it would have posted profits of 1.1 billion euros ($1.57 billion).  Shares of Daimler rose 1.4 percent to 75.37 euros ($107.25) in Frankfurt.
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The Auburn Hills-based Chrysler Group made a profit of $269 million in the third quarter, even though worldwide sales and revenues declined, contributing to a $1.
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German premium carmaker BMW reported a smaller-than-expected 7.6 percent rise in third-quarter pretax profit Wednesday, but reaffirmed its forecast for record revenue, earnings and car sales in 2004.
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Wheeling-Pittsburgh Corp., parent of one of the nation&#39;s biggest steel companies, reported a third-quarter profit of $35.6 million on Tuesday.
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DaimlerChrysler AG, the world&#39;s fifth- biggest carmaker, reported a third-quarter profit as earnings growth at the Chrysler division offset a decline at the Mercedes Car Group and a year-earlier write-off wasn&#39;t repeated.
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General Motors Corp. reported third-quarter earnings Thursday that were at the low end of the company&#39;s July guidance. Quarterly earnings rose to $440 million, or 78 cents per share, from $425 million, or 79 cents per share, a year ago.
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Automaker DaimlerChrysler AG said Thursday that its earnings fell 63 percent in the fourth quarter, with profits from luxury division Mercedes nearly evaporating.
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DaimlerChrysler's DCXGn.DE  third-quarter operating profit rose 7 percent, just below  analyst expectations, as gains at U.S. arm Chrysler helped  offset weaker earnings at premium carmaker Mercedes.
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German auto group Daimler published broadly positive third quarter results Thursday showing that strong sales of Mercedes cars offset a disappointing performance by its trucks division.