Mercedes-Benz Group AG (MBG.DE)
| Previous close | 67.43 |
| Open | 67.10 |
| Bid | 67.16 x N/A |
| Ask | 67.18 x N/A |
| Day's range | 66.61 - 67.44 |
| 52-week range | 50.65 - 76.10 |
| Volume | |
| Avg. volume | 2,243,857 |
| Market cap | 72.032B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 4.67 |
| EPS (TTM) | 14.41 |
| Earnings date | 26 Oct 2023 |
| Forward dividend & yield | 5.20 (7.62%) |
| Ex-dividend date | 04 May 2023 |
| 1y target est | 89.00 |
Business WireMercedes-Benz AG and Steel Dynamics Inc. secure sustainable steel supply deal for Tuscaloosa plant
STUTTGART, Germany, September 18, 2023--Mercedes-Benz signs an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama, marking another crucial milestone towards decarbonizing its global steel supply chain. SDI steel will be made using an electric arc furnace (EAF) and will use electricity from 100% renewable sources. With EAFs powered by green electricity, emissions can be reduced more than half to 1.0-tonne
- Yahoo Finance Video
Cummins, Paccar, Daimler team up for US battery cell venture
Three companies are creating a joint venture to produce battery cells for commercial electric vehicles in the United States. Cummins (CMI), Paccar (PCAR), Daimler (MBG.DE) have created a joint venture that will spend $2 to $3 billion to build a battery cell factory in a yet to be determined U.S. location. Yahoo Finance Senior Reporter Pras Subramanian breaks down the deal and discusses the growing EV investments in the United States.
- Yahoo Finance Video
Qualcomm chips to power Mercedes, BMW infotainment systems
Qualcomm (QCOM) will be supplying chips for Mercedes-Benz (MBG.DE) and BMW’s (BMW.DE) infotainment systems, such as displays and voice commands. Yahoo Finance's Pras Subramanian breaks down what this means for Qualcomm, as the company has been seeing smartphone revenue slump.
