ALO stock news

Alstom SA has a "strong case" to acquire Bombardier Inc's rail business for up to 6.2 billion euros, without making too many important concessions, the chief executive of Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) said. Read more
MONTREAL - Bombardier Inc. saw shares drop as much as 10.3 per cent Tuesday after announcing the sale of its rail business to French train giant Alstom SA. Read more
Shares of Alstom SA and Montreal-based Bombardier Inc fell on Tuesday after the French firm agreed to buy its Canadian rivals rail division for up to 6.2 billi Read more
Shares of Alstom SA and Bombardier Inc fell on Tuesday after the French firm agreed to buy its Canadian rival's rail division for up to 6.2 billion euros ($6.7 billion), a deal likely to draw scrutiny from competition regulators and unions concerned about job cuts. Read more
Bombardier Inc. says it has reached a deal to sell its transportation unit to France's Alstom SA in a deal with an enterprise value of US$8.2 billion. Read more
Bombardier Inc. has reached a preliminary deal to sell its transportation division to France-based Alstom SA for more than $7 billion US, the Wall Street Journal reported on Sunday. Read more
Alstom SA has reached a preliminary deal to buy Bombardier Inc's train business for more than $7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Read more
Competition from China Railway Rolling Stock Corp., the world’s largest maker of freight and passenger rail cars, is a key factor pushing Bombardier into talks to combine its train arm with Alstom SA. Read more
A British subsidiary of Alstom SA, the French train maker, was ordered to pay £16.4 million ($21.2 million) in a corruption case involving the supply of trams in Tunisia, the U.K.’s Serious Fraud Office said Monday. Read more
NEW DELHI: Alstom SA’s joint venture with the Indian Railways, which has to supply 35 electric locomotives to the national transporter in the current financial year, is struggling to meet deadlines and could be at risk of cancellation, said officials with knowledge of the matter. Alstom hasn’t been able to supply any engines yet, with the locomotives having failed multiple trial runs, they said. “Prima facie, if a design condition is not met and a period (specified for delivery) expires, contract cancellation becomes the automatic route,” said one of the officials, who described the venture as a “failure.”The Electric Locomotive Factory at Madhepura in Bihar was one of the two major locomotive projects awarded in 2015 as part of the Make in India initiative, the second being a joint venture with General Electric (GE). The Rs 20,000 crore Madhepura project was tasked with manufacturing 800 high-powered locomotives in 11years. The joint venture is the largest foreign direct investment (FDI) in the railway sector.The Rs 10,000 crore Marhowra facility, the joint venture with GE, will make 1,000 diesel locomotives in 11years. Read more
By Dylan Tokar NEW HAVEN, Conn. -- A former Alstom SA executive mounted a direct challenge to the long reach of the U.S. Foreign Corrupt Practices Act on Monday, the first day of a trial in a… | October 29, 2019 Read more
Narrowing in on shares of Alstom Shs Prov Regr (AOMFF), we can see that the current 20-Day Bollinger Bands signal is currently reading Hold. This short-term indicator can be used to help identify over Read more
Earnings Yield is calculated by taking the operating income or earnings before interest and taxes (EBIT) and dividing it by the Enterprise Value of the company. The Earnings Yield for Alstom SA (ENXTP Read more
Today we are spotlighting shares of Alstom SA (ENXTPA:ALO) and looking at how the firm stacks up in terms of valuation by the numbers. One of the most important ratios to look at when weighing an inve Read more

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