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Daimler omits dividend after 2009 loss

Daimler will skip a dividend for 2009 results after sliding in-line €1.51 billion ($2.05 billion) loss before interest and tax, the German carmaker and world's biggest truckmaker said.

“This decision is solely a reflection of the course of business in 2009 and is not related to the group's expected business development this year,” it said, forecasting group 2010 earnings before interest and tax would surpass €2.3 billion. (Reuters)