Daimler third-quarter operating profit up 8%, boosted by Mercedes sales
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FRANKFURT (Reuters) - Daimler reported a slight rise in third-quarter operating profit on Thursday boosted by sales of Mercedes-Benz cars, sending its shares higher, but announced cost cuts and warned legal provisions tied to diesel litigation could rise. Group earnings before interest and taxes (EBIT) rose 8% to 2.69 billion euros, up from 2.49 billion euros in the year-earlier period, boosted by an 8% rise in sales of luxury cars and solid cashflow. Daimler shares were 5.4% higher in early..