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Daimler plans stock buyback, issues upbeat outlook

Article Abstract:

DaimlerChrysler AG has announced a 10% stock buyback that could total as much as 7.5 bil euro. The company's surplus is valued at approximately 13 bil euro. Shares rose by 3.9% to reach $87.61.

Author: Power, Stephen, Rauwald, Christoph
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Strategy & planning, Securities issued, listed, Capital Management-Stock Repurchase, Planning, Securities, Company securities, Company business planning, Stock redemption, Daimler AG

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GM, German Unions are closer to agreeing on plan for job cuts

Article Abstract:

General Motors Corp. and German Unions are in negotiations to cut the workforce by 30% without unconditional layoffs.

Author: Power, Stephen
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
United States, Germany, Personnel administration, Labor relations, General Motors Corp., GM

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Subjects list: Germany, Transportation equipment industry
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