Mercedes, Chrysler concerns weigh on Daimler stock

Newswire

FRANKFURT, July 30 (Reuters) - Shares in DaimlerChrysler AG eased on Friday for a second day after the world's fifth-biggest carmaker posted solid earnings on questions about the outlook for luxury car division Mercedes and U.S. arm Chrysler. The German-American group reported on Thursday it had more than tripled second-quarter operating profit, but the market seized instead on downgraded earnings prospects at cash cow Mercedes and what traders said was a murky outlook at Chrysler. ...

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