Daimler Truck falls 4.7% in pre market on key forecast cut<\/p>\n
Daimler Truck<\/a> has cut key forecasts, citing market weakness in North America.<\/p>\n The German firm now expects full year adjusted profit of between 3.6 and 4.1 billion euros ($4.7 billion), reflecting a drop of as much as 23 percent.<\/p>\n The group also lowered is sales volume outlook for the North American market.<\/p>\n The stock is down 4.7% in pre market.<\/p>\n \u2014 Ganesh Rao<\/p>\n European stocks set to open lower amid Trump’s tariff rejig<\/p>\n Good morning from London, and welcome to CNBC’s live blog covering all the action and business news in European financial markets on Friday.<\/p>\n Futures data points to losses at the open for European indexes, with London’s\u00a0FTSE 100<\/a> expected to open 0.2% lower, France’s CAC 40<\/a> unchanged, Germany’s\u00a0DAX<\/a> down 0.6%, and Italy’s\u00a0FTSE MIB<\/a> 0.1% lower.<\/p>\n The Stoxx Europe 600<\/a> index and Euro Stoxx 50<\/a> index are expected to open 0.3% and 0.5% lower, respectively.<\/p>\n AXA<\/a>, Daimler Truck<\/a>, Melrose Industries<\/a>, Saint-Gobain<\/a>, Euronext<\/a>, IAG<\/a>, Pearson<\/a> and Engie<\/a> are among the heavyweight regional companies reporting their results today.<\/p>\n \u2014 Ganesh Rao<\/p>\n","protected":false},"excerpt":{"rendered":"Daimler Truck falls 4.7% in pre market on key forecast cut Daimler Truck has cut key forecasts, citing…\n","protected":false},"author":2,"featured_media":51855,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[1050,28,122,112,12075,1186],"class_list":["post-51854","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-breaking-news-europe","tag-business","tag-business-news","tag-markets","tag-rolls-royce-holdings-plc","tag-stoxx-600"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/51854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=51854"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/51854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/51855"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=51854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=51854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=51854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}