http://www.fool.com/News/mft/2006/mft06091917.htm?ref=foolwatchDaimler's Bump in the RoadBy Brian Gorman September 19, 2006 It's hard to sugarcoat $1.5 billion in red ink. That's the amount DaimlerChrysler (NYSE: DCX) expects its Chrysler unit to bleed in the third quarter.The German-American automaker's forecast for a staggering loss in its U.S. division has a familiar ring to it. Like General Motors (NYSE: GM) and Ford (NYSE: F) before it, Daimler has caught the SUV flu, as sales of its larger vehicles have plummeted in response to high gasoline prices. Still, investors should remember that Daimler isn't as sick as its American competitors, and it probably won't be long before the firm is back in good health.........
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra