Volvo AB (VOLVa.ST)
22 Oct 2018
Fri, Oct 19 2018
STOCKHOLM Swedish truckmaker Volvo forecast slower demand for trucks in Europe and China next year, fuelling investor concerns these major markets may have peaked and sending its shares into reverse. | Video
* Reports strongest Q3 results ever as profit beats consensus (Adds CEO comments from analyst call, details, updates shares)
STOCKHOLM, Oct 19 Truckmaker Volvo's quarterly profit topped market expectations on Friday, driven by bullish demand for trucks and construction equipment, and it forecast strong demand in its main markets for next year.
STOCKHOLM The U.S. Environmental Protection Agency said on Wednesday it has been in talks with Volvo over the last few weeks about an issue with catalytic converters causing some of its vehicles to exceed nitrogen oxide emission limits.
STOCKHOLM, Oct 17 The U.S. Environmental Protection Agency said on Wednesday it has been in talks with Volvo over the last few weeks about an issue with their catalytic converters that was causing some vehicles to exceed nitrogen oxide emission limits.
AMSTERDAM Shares in navigation firm TomTom slid 13 percent on Tuesday on news it had lost a contract with carmaker Volvo, renewing worries that Google's entry into in-dashboard software may hurt the Dutch firm.
* Shares fall most since Google's September Renault contract win
STOCKHOLM Sweden's Volvo warned on Tuesday that some of its truck and bus engines could be exceeding limits for nitrogen oxide emissions as an emissions control component it uses was degrading more quickly than expected, sending its shares lower.
* Shares fall 6 pct (Adds Volvo, analyst comments, details, updates shares)
MILAN, Oct 16 European shares rose in early trading on Tuesday helped by stronger defensive stocks, as the focus turned to the start of the reporting season which is expected to deliver double-digit earnings growth for the third quarter.