BMW results lifted by HERE after Intel buys stake

German luxury carmaker BMW (BMWG.DE) reported a better-than-expected 27 percent jump in quarterly pretax profit after an investment by chipmaker Intel (INTC.O) drove up the value of its stake in mapping service HERE.

Sourced through Scoop.it from: www.reuters.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s