On Air Now

Current Show

Mark Levin Show   6:00 PM - 9:00 PM

Call Mark now at 1-877-381-3811

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
73° Feels Like: 73°
Wind: WSW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Isolated Thunderstorms 52°

Tomorrow

Isolated Thunderstorms 79°

Thurs Night

Isolated Thunderstorms 60°

Alerts

Daimler Q2 operating profit boosted by EADS stake sale

Daimler AG Chief Executive Dieter Zetsche (C), finance chief Bodo Uebber (R) and Daimler Trucks chief Andreas Renschler pose for the media b
Daimler AG Chief Executive Dieter Zetsche (C), finance chief Bodo Uebber (R) and Daimler Trucks chief Andreas Renschler pose for the media b

FRANKFURT (Reuters) - German car and truck maker Daimler reported quarterly operating profit that was boosted by its sale of a stake in aerospace and defense firm EADS .

Second-quarter earnings before interest and tax (EBIT) came to 5.2 billion euros ($6.8 billion), of which 3.2 billion were related to the sale of the stake, Daimler said on Friday as it published key financial results ahead of schedule.

Daimler said it still expected its EBIT to be higher in the second half than in the first half. The company is due to publish full quarterly results on July 24.

($1 = 0.7668 euros)

(Reporting by Maria Sheahan)

Comments