UPDATE 3-DaimlerChrysler Q1 strong as CEO faces showdown

Newswire

(Adds analysts, more detail, context, updates shares) By Mark Thompson and Christiaan Hetzner FRANKFURT, April 29 (Reuters) - DaimlerChrysler posted a 10 percent rise in first-quarter profit and upped its guidance for U.S. arm Chrysler on Thursday, giving CEO Juergen Schrempp a lift before a board meeting that may end his tenure. The company reported operating earnings of 1.541 billion euros ($1.82 billion), beating analyst expectations thanks to cost cutting and higher sales at ...

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