DaimlerChrysler places EADS shares, keeps votes
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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 firm.
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PARIS/MELBOURNE  - Airlines were forced to review growth plans and investors hammered the shares of Airbus parent EADS on Wednesday after the European planemaker announced more delays to its A380 superjumbo.
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BAE Systems has announced that shareholders have backed the proposed sale of its 20-percent holding in troubled European aircraft maker Airbus to Paris-based peer EADS.
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Shares of Airbus parent EADS rose after a report that the company's board will approve the launch of a new mid-sized jet to rival Boeing Co.'s 787 Dreamliner at a meeting Friday in Amsterdam.
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Germany's government says talks with Daimler Chrysler over aerospace group EADS have produced an outline deal.
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British defense firm BAE Systems  won shareholders' backing on Wednesday to sell its stake in planemaker Airbus to EADS , which a day earlier said a fresh delay in the A380 superjumbo would hit earnings.
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FRANKFURT/TOKYO  - DaimlerChrysler AG DCXGn.DE  insisted on Thursday that joint development projects with  Mitsubishi Motors Corp 7211.T (MMC) would continue despite  its refusal this year to help bail out its Japanese partner.
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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-US auto maker DaimlerChrysler said Tuesday that it had chosen EADS co-chairman Manfred Bischoff as its new supervisory board chief.
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German-American automaker DaimlerChrysler and Canadian transportation company Bombardier have settled a dispute over the 2001 sale of railcar maker Adtranz, the companies said in statements Tuesday.
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European shares moved higher on Monday, with DaimlerChrysler (NYSE:DCX) leading the carmakers after reports it was in talks with General Motors (NYSE:GM) and other potential suitors over the sale of its US Chrysler division.
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BERLIN, May 22 (IPS) - On Mar. 15, 2006, Noel Forgeard, at the time chief  executive officer of the European aerospace corporation EADS,  sold, apparently without any reason, some 170,000 shares he owned  of the company, making an instantaneous profit of almost five  million U.S. dollars.
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A dispute between the French government and the main shareholders of Airbus parent EADS is holding up a decision on the A350 jet's launch, two people close to major EADS shareholders said Friday.
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LONDON, October 28  - German automotive giant, DaimlerChrysler AG (DCX.ETR), reported robust profit growth for 3Q04, boosted by improved sales results at its Chrysler division in the US.
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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 US Chrysler arm, rebounding from a 1.7 billion euro loss a year ago when
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Shares in EADS, the parent of jet-maker Airbus, rose Wednesday on reports that a Russian bank had bought more than 4 percent of its stock. But EADS retracted an earlier comment in which it said Moscow-based Vneshtorgbank had confirmed the acquisition.
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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.