News: Volvo AB (VOLVa.ST)

VOLVa.ST on Stockholm Stock Exchange

84.50SEK
24 Oct 2014
Price Change (% chg)

5.50kr (+6.96%)
Prev Close
79.00kr
Open
88.05kr
Day's High
89.80kr
Day's Low
84.25kr
Volume
190,673
Avg. Vol
105,128
52-wk High
106.50kr
52-wk Low
72.50kr

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Fri, Oct 24 2014

Kering and BASF fall as European shares slip back

* FTSEurofirst 300 closes down 0.3 pct at 1,312.74 points

Kering, BASF drag down European shares, Ebola eyed

* Luxury goods group Kering falls after lower Gucci sales

Cevian's Gardell: new cost cuts show Volvo on track to double digit margin

STOCKHOLM, Oct 24 - Activist fund Cevian Capital, Volvo's second largest owner by votes, said third quarter results and plans for more cost cuts showed the Swedish truck maker was on track to reach a double digit profit margin.

Cost cuts pay off for Volvo with surprise profit rise

STOCKHOLM - Global truck maker Volvo posted a surprise rise in core quarterly profit on Friday as deep cost cuts more than made up for lackluster demand in some major markets, sending its shares up 10 percent. | Video

UPDATE 2-Cost cuts pay off for Volvo with surprise profit rise

* Shares rise 10 pct (Adds CEO, analyst comment, share price)

BRIEF-Volvo says review of IT unit finalised at latest in Q1-CEO

STOCKHOLM, Oct 24 - AB Volvo in Q3 conference call:

BRIEF-Volvo CEO sees "downward pressure" on 2014 Europe truck market forecast

STOCKHOLM, Oct 24 - AB Volvo Chief Executive Olof Persson in Q3 news conference:

Volvo Q3 core profit above forecast

STOCKHOLM, Oct 24 - Global truck maker Volvo posted a surprise rise in core earnings on Friday and said it expected industry-wide heavy-duty truck sales to be flat in Europe next year while further growth was forecast for the resurgent North American market.

Match Play organizers look to future after Volvo exit

ASH England - Organizers are confident there will be a 50th edition of the World Match Play Championship next year despite the withdrawal of tournament sponsors Volvo, they said on Saturday.

Chinese pace-setters break rudder, lose Volvo race lead

ALICANTE Spain - Chinese boat Dongfeng Race Team lost the Volvo Ocean Race lead early on Saturday after an unidentified object in the Atlantic smashed their rudder.

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