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BMW: Why It’s No Time to Mount This Motor Cycle – Wall Street Journal
Posted: Wednesday, August 03, 2016
BMW faces mounting costs just as the car market is weakening. Best not to bet on a rebound in its shares—however cheap they look.
The Bavarian car maker published record second-quarter profits Tuesday. But the shares fell in morning trading. After stellar numbers from Daimler, which makes Mercedes, investors were underwhelmed by its rival’s…