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Aug 18, 2009
08/09
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. >> susie: meanwhile, chrysler creditors are suing daimler ag for billions of dollars. they're accusing the german automaker of stripping chrysler of assets before selling it to cerberus capital management two years ago. the creditors claim daimler did that when it separated chrysler financial from its american car- making parent. now, chrysler creditors want a jury to hear the case and decide damages. daimler says the case is without merit. >> paul: tomorrow, while this looks like a normal trading floor second market's making a market in things you can't trade anywhere else. >> susie: the white house says president obama's pay czar will review the $7-million pay package being arranged for a.i.g.'s new c.e.o. a spokesperson for the president said a.i.g. needs good competent leadership that can return the bailed out insurer to profitability. still, incoming ceo robert benmosche could earn millions more in performance-based incentives. last fall, taxpayers paid $182 billion to bail out a.i.g. >> paul: just in time for the holidays, sony is cutting the price of its play st
. >> susie: meanwhile, chrysler creditors are suing daimler ag for billions of dollars. they're accusing the german automaker of stripping chrysler of assets before selling it to cerberus capital management two years ago. the creditors claim daimler did that when it separated chrysler financial from its american car- making parent. now, chrysler creditors want a jury to hear the case and decide damages. daimler says the case is without merit. >> paul: tomorrow, while this looks like...
WHUT (Howard University Television)
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Aug 12, 2009
08/09
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WHUT
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, daimler didÑi actually, so i went -- we went to stuttgart and went down the way to india, actually,d met with doctor, whoever was the head of r&d we had a conversation and what does it take to work together and we would love to do something, we would life to do something with an affordable mass market car that we ourselves can't do right now because we don't have the capital. >> and so i said, want, you know, what about an electric smart? because the smart was always intended to be an electric car. and wha what it would take for o work together well if you could do a prototype that would really go a long way so we did. we worked really hard at the power train team, and 40 days later when they came out to visit we said here is the car, take a drive. and they really liked what they saw. >> charlie: and so what did they do then? >> then they said, okay, well let's take it another step further and they gave us a little r&d contract and eventually got to the point where we got the contract for -- to supply 1,000 cars for them and then if we do well in that we will potentially go into ten
, daimler didÑi actually, so i went -- we went to stuttgart and went down the way to india, actually,d met with doctor, whoever was the head of r&d we had a conversation and what does it take to work together and we would love to do something, we would life to do something with an affordable mass market car that we ourselves can't do right now because we don't have the capital. >> and so i said, want, you know, what about an electric smart? because the smart was always intended to be...
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243
Aug 10, 2009
08/09
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daimler and the car sector very much under pressure. a couple of downgrades from volkswagen as well as daimler. talking about opel and rhj. magna meeting with gm last friday, no results. we might see something in the middle of the week. labor representatives also think they want to directly target angel merkel. saying they have to come to a conclusion sooner or later. it's very interesting to see. at the moment, the index in positive territory. over to paris now. >> in france, no major publication. most traders are choosing to go on holiday. 530 million euros traded. a quiet session for the french market. the cac is down 0.6%. still, publicis trading 4% higher after the company agreed to buy razorfish, the digital marketing agency from microsoft, for $530 million, much lower than what microsoft paid for this agency two years ago. with this acquisition, publicis will reach its target in terms of digital media. 25% of its revenue, one year ahead of schedule. publicis, with this acquisition, will form a strategic alliance and hold 3% of th
daimler and the car sector very much under pressure. a couple of downgrades from volkswagen as well as daimler. talking about opel and rhj. magna meeting with gm last friday, no results. we might see something in the middle of the week. labor representatives also think they want to directly target angel merkel. saying they have to come to a conclusion sooner or later. it's very interesting to see. at the moment, the index in positive territory. over to paris now. >> in france, no major...
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395
Aug 12, 2009
08/09
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WETA
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both from the cars that we make ourselves as well as thecars we in partnersp with other like the daimlereal you may he heard about. >> charlie: right. so how do you msure the odds of success? >> personalli would say success for me for tesla is that have accelerated the advent of vick cars by a least ve years. so that -- gj. >> is that the gl to celerate the advent of electric cars? or to creat a grt electric car cpany? >> i thinkhe two are synonymous, you do one, yo do the other, yes. >>harlie: and why is it that it is happening by a guy tt created startup in 2003, rather than a wle range of sort of iustrial automobile companiearound the world? not just he? >> fiat is auccessful c mpany. >> yes. >> charlie: and they own rysler. >> welisruptive technology where you rlly have a big technology discontuity it tends to come from new companies. >> charlie: right. >> you asked the sa question of why does google come from -- why did it come from lay sergi. >> charlie: right. >> a fellow, i hav kwn larry since beforee got vture funding for google. >>harlie: and is he a investor in tesla? >>e is,
both from the cars that we make ourselves as well as thecars we in partnersp with other like the daimlereal you may he heard about. >> charlie: right. so how do you msure the odds of success? >> personalli would say success for me for tesla is that have accelerated the advent of vick cars by a least ve years. so that -- gj. >> is that the gl to celerate the advent of electric cars? or to creat a grt electric car cpany? >> i thinkhe two are synonymous, you do one, yo do...
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870
Aug 19, 2009
08/09
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WETA
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the creditors claim daimler d that when it separated chrler finaial from its american car- making parent. now, chrler creditors want a jury to hear the case andecide damages. daimr says the case is without merit. >> paul: tomorw, while this oks like a normal trading floor second market's making a market in things you can't tde anywhere else. >> susie: the white house ys prident obama's pay czar will review the7-million pay packe being arranged for a.i.g.'s new c.o. a spokesperson f the president sa a.i.g. needs good competent leadership that careturn the bailedut insurer to pritability. still, incoming cerobert benmosche uld earn millions more in performance-based incentives. st fall, taxpayers paid $182 billion to bail oua.i.g. >> paul: just in timfor the holiys, sony is cutting the price ofts play station 3 by $100, to 299 buc. it's also launching a smler model with a 120 giga-te hard drive ne month. play staon sales have fallen behind microsoft's "x-box" a nintendo wii. but sony's c.e.o. thinks coumer reaction to the price cuts will be "phomenal." >> susie: here's a looat what's happe
the creditors claim daimler d that when it separated chrler finaial from its american car- making parent. now, chrler creditors want a jury to hear the case andecide damages. daimr says the case is without merit. >> paul: tomorw, while this oks like a normal trading floor second market's making a market in things you can't tde anywhere else. >> susie: the white house ys prident obama's pay czar will review the7-million pay packe being arranged for a.i.g.'s new c.o. a spokesperson f...
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338
Aug 4, 2009
08/09
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CNBC
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daimler down about 3.5%. frezinio medical care down. car sales for the month of july in germany have increased by 30%. we're trying to confirm that story. over to poland now and to blazej. >> hi. the warsaw market is a little off and the post currency also is lower against the dollar and the euro debt and after yesterday it was at its stronger guest the u.s. dollar in 2009. and after in july, the blue chip index gained almost 6%, pretty much leading the rally here in equities and emerging europe. we have important earnings results from the polish financial sector. pkosa, the majority owned by italian group unicredit has posted a better than expected net profit and the mip industry of the treasury saddened right now that it is supposed to sell around 4% stake of the shares in the bank which sent the shares on the warsaw stock exchange lower off by over 2%. and we also have important earnings results from the financials. also this week, the bre, which is a subsidiary of german commerzbank is due to report numbers later this week. that's a
daimler down about 3.5%. frezinio medical care down. car sales for the month of july in germany have increased by 30%. we're trying to confirm that story. over to poland now and to blazej. >> hi. the warsaw market is a little off and the post currency also is lower against the dollar and the euro debt and after yesterday it was at its stronger guest the u.s. dollar in 2009. and after in july, the blue chip index gained almost 6%, pretty much leading the rally here in equities and emerging...
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Aug 3, 2009
08/09
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CNBC
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it was a grim assessment, daimler, worst retail sales in june.verage poll of plus .5%. >> steve, australia and new zealand reportedly buy most of the assets of british bank royal bank of scotland. a reuters source said the transaction would cover six asian markets, excluding china and india, the $775 million would be the largest oversea transaction of anz. a very bullish day for the australian banks today. you can guilty more news, videos and blogs at cnbc.com. you can check us out as you can see right there. >>> more to come on "worldwide exchange." it looks like ubs and the u.s. government are settle thanksgiving tax dispute. the swiss banking giant ready to provide as many as 5,000 names to the u.s. authorities. we'll have more details. at 155 miles per hour, andy roddick has the fastest serve in the history of professional tennis. so i've come to this court to challenge his speed. ...on the internet. i'll be using the 3g at&t laptopconnect card. he won't so i can book travel plans faster, check my account balances faster. all on the go. i'm b
it was a grim assessment, daimler, worst retail sales in june.verage poll of plus .5%. >> steve, australia and new zealand reportedly buy most of the assets of british bank royal bank of scotland. a reuters source said the transaction would cover six asian markets, excluding china and india, the $775 million would be the largest oversea transaction of anz. a very bullish day for the australian banks today. you can guilty more news, videos and blogs at cnbc.com. you can check us out as you...
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87
Aug 11, 2009
08/09
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CNBC
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versus luxury trade going on in the auto space where i think ford is a winner, toyota is a winner, daimler is a loser and i think gm is a loser because people can't buy this stock. >> i think you're right about that in terms of the trade right now but getting back to your other point about who's got momentum right now and whether this is a desperation move by general motors, i think it's a no loss situation for gm on the marketing and public relations standpoint. all they're doing is giving people another avenue for seeing gm vehicles. and there's no loss here for them. so i think it's a win-win for them and ebay. >> thanks so much for your time. we appreciate it. it's going to cost them something presumably. is this good for ebay to turn the tables? >> i don't know. i'll take the other side, i'm short for it, staying short. they've got all the good news already in the price action of the stock. what else is coming out near term to me moves lower. >> i think it's great for gm. there is a gm site. i've been on it and ebay is going to get a lot more eyeballs so i think it could benefit gm si
versus luxury trade going on in the auto space where i think ford is a winner, toyota is a winner, daimler is a loser and i think gm is a loser because people can't buy this stock. >> i think you're right about that in terms of the trade right now but getting back to your other point about who's got momentum right now and whether this is a desperation move by general motors, i think it's a no loss situation for gm on the marketing and public relations standpoint. all they're doing is...
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341
Aug 27, 2009
08/09
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CNBC
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the world's second largest truck maker behind daimler saying that deliveries fell 46% in north america and 62% in europe. nav i star down in sympathy today after s&p took its finance arm off credit watch for a possible downgrade. it did reaffirm the company's junk status noting while its financial results have weakened it has gained market share. s&p saying risks include continued weakness in commercial truck demand, or in commercial truck demand as well as navistar's significant near-term financing needs. another factor in the stock's decline air-condition win for one of its rivals, that being oshkosh. up 24% today. this on the news it won a $281 million contract to deliver over 2,500 trucks and trailers to the u.s. army. test vehicles are going to be due in the middle of next year with deliveries scheduled for the end of 2010. now, na vichltstar had bid on the contract, so that's putting pressure on the stock. packer's another company, its losses more modest. shares of the firm which makes trucks under the kenworth, peter bilt and daf names down .2% after having come off the lows of
the world's second largest truck maker behind daimler saying that deliveries fell 46% in north america and 62% in europe. nav i star down in sympathy today after s&p took its finance arm off credit watch for a possible downgrade. it did reaffirm the company's junk status noting while its financial results have weakened it has gained market share. s&p saying risks include continued weakness in commercial truck demand, or in commercial truck demand as well as navistar's significant...
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614
Aug 30, 2009
08/09
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FOXNEWS
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. >> and also, difficult circumstances daimler-chryslers she tell you exactly what her family said theydo to her as a result of this conversion? >> yeah, you know, i was so taken back with this because i've had the opportunity to travel to the middle east on several occasions, i've sat down and met with people who were muslims and became can i goses and saw the fear on their face and that's the same fear i saw in risqa and heard her story and what she shared on numerous occasions if her parents found out she was a christian she was confident she would lose her life and it struck me. >> it struck your wife and it struck with your daughter and you met with her and became acquainted with the story. and then she fled to florida. what should happen now. stay with a foster family in florida? if she comes back to ohio do you think she's in trouble there, do you think she should fear for her life in ohio and there's a movement that may have her moving back to ohio. >> i think she should stay in florida. i don't know you've probably done a lot of investigative work, there's a lot of information
. >> and also, difficult circumstances daimler-chryslers she tell you exactly what her family said theydo to her as a result of this conversion? >> yeah, you know, i was so taken back with this because i've had the opportunity to travel to the middle east on several occasions, i've sat down and met with people who were muslims and became can i goses and saw the fear on their face and that's the same fear i saw in risqa and heard her story and what she shared on numerous occasions if...