Daimler reports third-quarter operating profit rose 8%
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FRANKFURT (Reuters) - Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported a slight rise in third-quarter operating profit.Earnings before interest and taxes rose 8% to 2.69 billion euros, up from 2.49 billion euros in the year-earlier period. "In order to master the transformation in the next few years, we need to increase our efforts considerably: we have to significantly reduce our costs and consistently strengthen our cash..