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Stocks Daimler AG

  • Federal antitrust regulators have cleared Cerberus Capital Management's $7 billion purchase of Chrysler, people close to the deal said.

  • Shares in Fiat bucked the overall weakness in European stock markets on news the Italian carmaker won a contract worth $3.22 billion to supply DaimlerChrysler with truck engines for the next eight years.

  • A week ago, while doing a live shot for an unrelated story, a viewer, who's husband worked at Ford for years, came up to me and said, "Tell people all the good things happening at Ford, we need the good news to get out." This is not the first time I have heard this type of message, either in person or via e-mail, from an investor, worker, retiree, or just plain fan of the big 3. Often the message includes a side comment such as, "Quit telling people the public doesn't believe in the quality/reliability of the big 3, because that's not true."

  • UAW

    If you've been reading the headlines this week, you've probably seen stories about the Big 3 planning to push for pay and benefit cuts totaling 30%. Often the headline is accompanied by a sub-headline saying the United Auto Workers and the Big 3 are headed for a collision course. Folks, get ready for a long hot summer of posturing, trial contract offers being floated, and the yes, the very real possibility that we could see a work stoppage.

  • Private equity investor Cerberus is bidding 8 billion euros ($10.6 billion) to buy German conglomerate RAG's assets set to be floated, a source familiar with the situation said on Thursday.

  • Europe's new car registrations fell for the fourth month in a row in May, but Fiat beat the market and its rivals with a 5.7% rise in sales thanks to tax breaks in Italy, industry data showed.

  • 2007 Saturn Aura

    If you walk in to a Saturn showroom this week, you'll find the Aura, Outlook, a Honda Accord and Toyota Camry. That's right, Saturn dealers are putting the Accord and Camry in their showrooms and challenging prospective buyers to test drive the foreign models, then test drive the Aura. You might think it's a gutsy move by a brand that, until the last year, has been a weak competitor. But Saturn, like Ford, is feeling that it has the wheels to not only stand up to Toyota and Honda, but also win over foreign car owners.

  • tundra.jpg

    On Wednesday night's Business Nation we aired an in-depth report looking at Toyota's efforts to push its redesigned full size Tundra pick-up in Middle America. As I put this report together over the last month with producer Diane Simon, a few things jumped out at me. How successful will the Tundra be in middle America? Relative to how Toyota has done in the past, I believe the Tundra will improve sales in the heartland. The combination of the grass roots marketing campaign and spending more ad dollars will help the Tundra...

  • Toyota Motor said U.S. auto sales rose 9.7% last month, pushing its sales above both Ford Motor and Chrysler. Ford sales fell in May, while GM and Chrysler sales rose.

  • If you're among those who think the Detroit "Big Three" are a lost cause that, despite improving quality and efficiency, are simply in a long, slow slide that shows no sign of ending, listen up. The latest study on the efficiency from Harbour Consulting shows the Big Three are closing the gap with Asian competitors. Want more?

  • Qatar Airways extended a much-needed boost to Airbus on Wednesday, ordering another 20 A350s to become the European jetmaker's largest customer for the wide-body jet with a total order of 80 planes with a list price of $16 billion (11.92 billion euros).

  • All this week Cramer is going through the Dow Jones Industrial Average - explaining, stock by stock, why he thinks the index is going to 14,548 by year’s end. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Sugar and sweetener producer Tate & Lyle was the biggest loser on the FTSE-100, falling 6.2%, despite posting a 14% rise in full-year profit.

  • The Bellagio Hotel in Las Vegas, Nevada.

    Billionaire investor Kirk Kerkorian's Tracinda said it would explore strategic options for its investment in MGM Mirage and would enter talks to purchase the No. 2 U.S. casino operator's Bellagio Hotel and Casino, and CityCenter properties in Las Vegas.

  • The Bellagio Hotel in Las Vegas, Nevada.

    Billionaire investor Kirk Kerkorian's Tracinda said it would explore strategic options for its investment in MGM Mirage and would enter talks to purchase the No. 2 U.S. casino operator's Bellagio Hotel and Casino, and CityCenter properties in Las Vegas.

  • DaimlerChrysler has assumed a $1 billion risk from Chrysler should its pension plans be terminated before an agreement with U.S. agency Pension Benefit Guaranty Corporation (PBGC) expires in five years.

  • The stock of DaimlerChrysler may continue the rise that began last year, freed from the burden of Chrysler, Barron's reported in its May 21 edition.

  • Stocks ended the week mostly higher as strong economic data, soothing comments from Federal Reserve Chief Ben Bernanke and continued M&A action kept buyers in the market. The Dow Jones Industrial Average closed the week with gains of 1.7% while the S&P 500 traded up 1.1%. Both indexes closed higher for the seventh straight week. Not so for the Nasdaq, however, which fell 0.2%.

  • powerandmoney.jpg

    Private equity is reshaping the U.S. economy as well as its capital markets and is a force to be reckoned with.

  • DaimlerChrysler will use the repayment of intercompany loans to reduce its debt sharply once the sale of its U.S. arm Chrysler closes, Chief Financial Officer Bodo Uebber told a newspaper.