UPDATE 1-Daimler Q1 profits miss expectations, charges weigh

Newswire

(Adds details, background, updates share price) By Michael Shields FRANKFURT, April 29 (Reuters) - Daimler AG's first-quarter earnings before interest and taxes (EBIT) fell a worse-than-expected 40 percent to 1.976 billion euros ($3.08 billion) as one-off charges weighed, the German carmaker said. It also inserted a line in its 2008 outlook to make clear on Tuesday its forecast for higher operating profit excluded lingering expenses for Chrysler, the ailing U.S. automaker in which it ...

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