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Enter Symbol:
 
Daimler AG (USA) (DAI) [hlAlert]

Rating:
Buy DAI
down 16.11 %

DAIMLERCHRYSLER AG ORIDINARY S (DAI) upgraded to Buy by UBS

Posted on: Monday,  May 18, 2009  8:25 AM ET by UBS

UBS rated Buy DAIMLERCHRYSLER AG ORIDINARY S (OTCBB: DDAIF) on 05/18/2009. Previously UBS rated Sell DAIMLERCHRYSLER AG ORIDINARY S (OTCBB: DDAIF) on
02/17/2009., when the stock price was $28.90. Since then, DAIMLERCHRYSLER AG ORIDINARY S has gained 19.20% as of 05/18/2009's recent price of $34.45.
If you would have followed the previous UBS's recommendation on DDAIF, you would have lost 16.11% of your investment in 90 days.

Daimler AG is engaged in developing, manufacturing, distributing and selling a range of automotive products, mainly passenger cars, trucks, vans and buses. The Company also provides financial and other services relating to its automotive businesses. The Company operates in four business segments: Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, and Vans, Buses, Other. In Vans, Buses, Other segment, the Company reports the Mercedes-Benz Vans segment, the Daimler Buses business unit, and all other businesses and investments in businesses not allocated to one of the reportable business segments. The wholly owned subsidiaries of the Company are Daimler North America Corporation, DCFS USA, LLC and Mercedes-Benz do Brasil Ltda. The Company offer the automotive products and related financial services in Western Europe and in the North American Free Trade Area (NAFTA) region, which consists of the United States, Canada and Mexico.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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