Daimler Cuts Forecast as Mercedes Trails Audi, BMW

Daimler AG, the world’s third-biggest maker of luxury vehicles, lowered its 2012 forecast and scrapped profit targets for next year amid declining demand in Europe and increased competition in China.
U.S. Consumer Confidence Unexpectedly Decreased
04:16 - The Conference Board’s index of consumer confidence unexpectedly decreased to 95.2 in April from 101.4 a month earlier, the New York-based private research group said Tuesday. Bloomberg’s Scarlet Fu reports on “Market Makers.” (Source: Bloomberg)
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