Wednesday, February 04, 2004

Ok. I'm confused. These two reports, filled one minute apart by 2 different news agencies, cast 2 different lights on (presumably) the same report. Did Daimler do well or poorly?

DaimlerChrysler Beats 2003 Profit Target: "FRANKFURT (Reuters) - Germany's DaimlerChrysler posted a 2003 operating profit excluding one-off items of 5.1 billion euros ($6.4 billion), topping its full year target of about five billion euros."
DaimlerChrysler reports fall in net profit for 2003 from year before: "FRANKFURT, Germany (AP) -- Automaker DaimlerChrysler said Wednesday that net profit for 2003 fell to euro448 million (US$564 million) from euro4.7 billion the year before, with the turnaround at its troubled U.S. Chrysler division and a one-time financial adjustment weighing on the bottom line."

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