DaimlerChrysler agrees to sale of 7.5 percent of EADS
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German-US auto giant DaimlerChrysler has agreed to reduce its stake in European aeropace giant EADS to 15 percent from 22.5 percent, ensuring a balance between French and German shareholders.
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German-US auto giant DaimlerChrysler has agreed to cut its stake in European aerospace giant EADS to 15 percent from 22.5 percent, ensuring a balance between French and German shareholders.
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Boeing Co. BA.N will sign on Friday  deals worth up to $7.5 billion to sell 60 of its 7E7 Dreamliner  planes to six Chinese airlines, a source familiar with the  transactions said on Thursday.
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DaimlerChrysler  has placed a 7.5 percent stake in EADS  with a public-private consortium in a 1.5 billion-euro deal that keeps the Franco-German balance of power at the aerospace group.
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Airbus, the European aircraft maker, is expected to receive approval within weeks from its shareholders, EADS and BAE Systems, to start marketing the planned A350 mid
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TOKYO Japan Airlines said Wednesday that it would buy as many as 50 of Boeing&#39;s 7E7 jets, a big order that will help the American company maintain a dominant position in the world&#39;s second-largest airplane market.
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The German-US auto giant DaimlerChrysler posted weaker second quarter earnings on Wednesday but raised its full-year profit forecast thanks to cash from its sale of shares in the aerospace group EADS.
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DaimlerChrysler  has placed a 7.5 percent stake in EADS  with a public-private consortium in a 1.5-billion-euro ($1.95-billion) deal that maintains the Franco-German balance of power at the aerospace group.
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Automaking giant DaimlerChrysler AG said Thursday it earned 951 million euros ($1.18 billion) in the third quarter on good performances from its financial services division and its U.S. Chrysler arm, rebounding from a 1.7 billion euro loss a year ago when it had a large one-time write-off.
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Dubai International Capital buys a 3.12% stake in EADS, the company that owns Airbus.
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Russian state bank Vneshtorgbank  has accumulated a 5 percent stake in European aerospace firm  EADS , a Russian business daily reported, helping lift  shares in the Airbus planemaker on prospects of new  opportunities in Russia.
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DaimlerChrysler AG  said on Friday U.S. vehicle sales rose 5 percent in November from a year earlier, when the automaker scaled back big discounts.
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PARIS, Nov 12  - The European Aeronautic, Defence and Space Company (EADS) will soon launch a bid for French defence electronics group Thales in a deal orchestrated by the French government, which owns just over 15 percent of EADS and 31 percent of
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Boeing Co.  will sign on Friday deals worth up to &#36;7.5 billion to sell 60 of its 7E7 Dreamliner planes to six Chinese airlines, a source familiar with the transactions said on Thursday.
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Flush with cash after selling Chrysler, DaimlerChrysler  will spend up to 7.5 billion euros ($10.20 billion) to buy back nearly 10 percent of its shares over the next year, the carmaker said on Wednesday.
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Roechling Industrie Verwaltung GmbH said Monday it has sold its majority stake in German defense and industrial group Rheinmetall AG for an undisclosed sum.
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Defence giant EADS is interested in buying parts of UK's BAE Systems, in addition to seeking a merger with Thales, a report says.