Alstom SA (ALSO.PA)
16 Apr 2014
|Market Cap (Mil.):||€6,792.80|
|Shares Outstanding (Mil.):||308.69|
PARIS, April 15 - A further cost-cutting plan involving Alstom's transport division at its headquarters in the Paris region and in Barcelona, Spain, is to be put before the French engineering group's works council on Tuesday, a company spokeswoman said.
PARIS, April 14 - French engineering group Alstom said it had won a contract worth 225 million euros ($312 million) to provide power generation equipment for the Al-Anbar gas-fired combined-cycle power plant being built in the Anbar province of Iraq.
* Says plans to convert 1.68 billion yuan ($270.95 million)worth of bonds held by Alstom (China) Investment to 440.9 million shares
PARIS - French turbine and train maker Alstom is selling its heat exchanger business for a higher-than-expected 730 million euros ($1 billion), giving a boost to its drive to raise cash to help it cope with weak demand for power equipment.
* Stimulus chatter in China, U.S. lends support (Adds quotes, details, updates prices)
* Shares up 7 pct, biggest rise by a European blue-chip (Adds analyst comment, financing details, shares)
LONDON, April 1 - European stocks got off to a brisk start in the second quarter, with merger-and-acquisition activity driving gains by industrial and mining stocks.
* Shares rise 5.6 percent after heat exchanger unit sale for 730 million euros Source text for Eikon: Further company coverage: (firstname.lastname@example.org, +33 1 4949 5452)
PARIS, April 1 - French turbine and train maker Alstom SA said on Tuesday it is selling its heat exchange unit for 730 million euros ($1.01 billion) to German private equity group Triton, as part of its 2 billion euro asset disposal programme.
(Adds Alstom, Endesa Chile, Magellan Midstream, Scholz AG, Parmalat)
Earnings vs. Estimates
Analyst Research Reports
Alstom - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
Provider: Finlabo SIM Spa
Alstom SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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