Fiat Chrysler boss Sergio Marchionne says President Donald Trump's proposals would be "overall positive" for his company's bottom line -- but it's hard to say for sure until it's clear which ones will be implemented. Fiat Chrysler has denied wrongdoing. Marchionne's comments came as Fiat Chrysler reported improved earnings for the fourth quarter and for 2016 as a whole. For the fourth quarter of 2016, global net profit more than doubled to 409 million euros from 196 million euros in the same quarter a year earlier. That was short of analyst expectations for 610 million euros, as compiled by financial information provider FactSet.

Source: dna January 28, 2017 03:20 UTC