Daimler AG said Thursday that it lost $478 million (352 million euros) in the fourth quarter and that it plans to cancel its annual dividend, Bloomberg reported.
February 18, 2010Search
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Commercial Vehicle Group Narrows 4Q Loss
Parts maker Commercial Vehicle Group announced it lost $23.7 million, or $1.08 per share, in the fourth quarter, compared with $207.7 million, or $9.57 cents, the previous year.
February 18, 2010Philadelphia Factory Index Grows
Manufacturing levels in the Philadelphia expanded in February at a highest pace in more than five years, the Federal Reserve Bank of Philadelphia said Thursday.
February 18, 2010Leading Economic Indicators Gain 0.3%
An index of leading economic indicators improved for a tenth straight month in January, the New York-based Conference Board said Thursday.
February 18, 2010Jobless Claims Climb for Week
Initial jobless claims grew by 31,000 last week, the Labor Department said Thursday.
February 18, 2010Oil Rises to Five-Week High
Crude oil rose Thursday to its highest level since Jan. 14, Bloomberg reported.
February 18, 2010DOT Freight Index Falls in December
The Department of Transportation’s freight transportation services index for December fell 4.1% from a year earlier but did not change from November, DOT said Thursday.
February 18, 2010Pacer Posts 4Q Profit
Transportation and third-party logistics firm Pacer International said its fourth-quarter profit grew to $10 million, or 10 cents per share, compared with a $64 million loss, or $1.83 cents, a year earlier.
February 17, 2010Industrial Production Rises 0.9%
Industrial production rose 0.9% in January, the Federal Reserve said Wednesday.
February 17, 2010Housing Starts Climb in January
Housing starts rose 2.8% in January while building permits fell 4.9%, the Commerce Department said Wednesday.
February 17, 2010