Edition:
United States

Alstom SA (ALSO.PA)

ALSO.PA on Paris Stock Exchange

30.90EUR
24 May 2017
Change (% chg)

-- (--)
Prev Close
€30.90
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
860,508
52-wk High
€30.91
52-wk Low
€19.04

Latest Key Developments (Source: Significant Developments)

Alstom SA - Stung by large U.S. fines, France to tighten anti-corruption laws - Reuters News
Tuesday, 29 Mar 2016 04:48am EDT 

Alstom SA:France is tightening its anti-corruption laws to clean up its image after several French companies were slapped with huge fines abroad, with planned reforms including greater protection for whistleblowers and a new anti-corruption agency. - RTRS.Two years ago, France's biggest bank, BNP Paribas, was fined $9 billion by U.S. authorities over violations of sanctions against Sudan, Cuba and Iran.French engineering company Alstom ALSO.PA and oil groups Total and Technip were also forced to pay millions of dollars to the U.S. authorities over bribery allegations.French Finance Minister Michel Sapin will unveil the new bill to the cabinet on Wednesday, before sending it to parliament for discussion."We are badly ranked internationally, we're under suspicion," Sapin told France Inter radio on Tuesday."So we must wash away this suspicion and for that we need strong measures," he said. The bill will also include the creation of a government-wide registry of lobbyists and a ban on "large" gifts to government officials, officials at the finance ministry said.France was ranked 23rd in Transparency International's latest corruption perception index, below Germany, Britain and the United States, and was criticised by the Organisation for Economic Co-operation and Development (OECD) in 2014.  Full Article

Alstom gives FY 2020 guidance and outlook
Monday, 28 Mar 2016 08:00pm EDT 

Alstom SA:Company wants 30 pct of its orders to come from newly developed products by 2020.By 2020 sales should grow organically by 5 pct per year.Adjusted ebit margin should reach around 7 pct by 2020.By 2020, alstom expects c. 100 pct conversion from net income into free cash flow.  Full Article

Alstom signs 12 million euro contract for Cairo Metro Line
Thursday, 17 Mar 2016 08:00pm EDT 

Alstom SA:Signs contract with the National Authority for Tunnels (NAT) for the extension of Cairo Metro Line 1.Company's share of the contract is worth €12 million.  Full Article

Alstom to be removed from the CAC 40 index
Wednesday, 9 Mar 2016 07:00pm EST 

Euronext NV:Announces the quarterly review of the CAC family indices.Sodexo to be included in the CAC 40 index.Alstom to be removed from the CAC 40 index.Alstom and Eutelsat Communications to be included in the CAC Next 20 index.Sodexo and Edenred to be removed from the CAC Next 20 index.Eutelsat Communications to be included in the CAC Large 60 index.Edenred to be excluded from the CAC Large 60 index.Edenred, Amundi, Worldline and Spie to be included in the CAC Mid 60 index.Eutelsat, Adocia and Coface to be removed from the CAC Mid 60 index.Amundi, Worldline and Spie to be included in the SBF 120 index.Adocia and Coface to be removed from the SBF 120 index.Adocia, Coface, Showroomprive, Store Electronics and Constructions Industrielles Mediterranee to be included in the CAC small index.Spie and Worldline to be removed from the CAC small index.Amundi, Edenred, Showroomprive, Store Electronics and Constructions Industrielles Mediterranee to be included in the CAC Mid & Small index.Eutelsat to be removed from the CAC Mid & Small index.Amundi, Showroomprive, Store Electronics and Constructions Industrielles Mediterranee to be included in the CAC All-Tradable index.Changes will be effective as of March 21, 2016.  Full Article

Alstom closes tender offer on five bonds
Wednesday, 17 Feb 2016 12:46pm EST 

Alstom SA:Closes tender offer on five bonds, launched Feb. 9, for total amount of 875 mln euros.  Full Article

Alstom to supply integrated metro solution to Manila
Friday, 12 Feb 2016 03:00am EST 

Alstom SA:Signs together with Bouygues Travaux Publics a contract with the Light Rail Manila Corporation (LRMC) to upgrade and extend the Light Rail Transit Line 1 of Manila metro.Contract is worth about 450 million euros, including about 160 million euros for Alstom.Extended line is scheduled to enter into commercial service in 2020.  Full Article

Alstom to supply trams in Bordeaux for 28 mln eur
Wednesday, 6 Jan 2016 04:00am EST 

Alstom SA:‍To supply 10 extra citadis trams to bordeaux metropole for a total amount of 28 million euros.  Full Article

Alstom increases stake in Transmashholding to 33 pct
Monday, 28 Dec 2015 07:00pm EST 

Alstom SA:‍Increased its stake in Transmashholding to 33 pct​ ‍.Closed deal of purchasing an additional 8 pct of shares in Transmashholding from Russian Railways for 54 million euros​.  Full Article

Consortium led by Alstom wins contract from Metro de Panama
Tuesday, 22 Dec 2015 09:09am EST 

Alstom SA:Wins as leader of a consortium contract by Metro de Panama SA to supply 70 additional metro cars for Line 1 of Panama Metro‍.Alstom's share in contract is worth 130 mln euros.Delivery of new cars will begin in early 2017.  Full Article

Alstom to supply 30 Coradia Continental regional trains
Tuesday, 15 Dec 2015 08:07am EST 

Alstom SA:Says has been awarded a 160 million euros contract to supply 30 Coradia Continental electrical trains to the Hessische Landesbahn GmbH (HLB) in Hesse, Germany.The trains are scheduled to enter commercial service in December 2018.  Full Article

More From Around the Web

Toronto transit agency buys 61 cars from Alstom, spurning Bombardier

MONTREAL, May 12 Ontario transit agency Metrolinx said on Friday it is entering into an agreement to buy 61 light rail vehicles from French train maker Alstom, spurning its Canadian rival Bombardier Inc.