Tag: Yahoo Finance

Hedge Funds Cashing Out Of VMware, Inc. (VMW)

In this article we will check out the progression of hedge fund sentiment towards VMware, Inc. (NYSE:VMW) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]...

Daimler Trucks Sets Up Fuel Cell Subsidiary

Daimler Truck AG is assembling its fuel cell expertise in a new subsidiary as a forerunner to a 50-50 joint venture with rival Volvo AB that will make fuel cell-powered backup systems for data centers and eventually hydrogen-fueled heavy-duty trucks."We will now bring together the great expertise and enormous wealth of experience from several decades of development work on fuel cells at Daimler – and combine it with the right know-how in connection with trucks," Daimler Truck AG Chairman Martin Daum said in a statement on Monday, June 8.Daimler and Volvo announced plans for a non-binding fuel cell joint venture in April. Daimler has focused most of its zero emission fuel cell technology in passenger cars and buses. Volvo has little background in hydrogen.Daimler Truck Fuel Cell GmbH & Co. KG "is to be the immediate predecessor organization of the joint venture," Daum said.Advancing fuel cell work to over-the-road trucks is...