ALO.PA - Alstom SA

Paris - Paris Delayed Price. Currency in EUR
33.435
-0.455 (-1.343%)
At close: 5:35PM CET
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Previous Close33.890
Open33.680
Bid21.400 x 24300
Ask21.900 x 344000
Day's Range33.365 - 33.850
52 Week Range24.910 - 36.500
Volume797,668
Avg. Volume842,022
Market Cap7.417B
Beta0.97
PE Ratio (TTM)20.11
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.00 (0.00%)
Ex-Dividend Date2013-07-05
1y Target EstN/A
  • GE to Cut 12,000 Jobs in Power Business
    Bloomberg Video9 days ago

    GE to Cut 12,000 Jobs in Power Business

    Dec.07 -- General Electric plans to cut 12,000 jobs from its power business as the company looks to reduce costs by $1 billion. Bloomberg's Jacqueline Simmons reports on "Bloomberg Surveillance."

  • Reuters9 days ago

    General Electric to cut 12,000 jobs in power business revamp

    ZURICH/LAS VEGAS, Dec 7 (Reuters) - General Electric Co said Thursday it is axing 12,000 jobs at its global power business, the struggling industrial conglomerate's latest effort to shrink itself into a more focused company. The U.S. company launched the cuts to save $1 billion in 2018 at its Power business, saying it expects dwindling demand for fossil fuel power plants to continue. The cuts represent about 18 percent of GE's Power business, GE said.

  • Reuters9 days ago

    General Electric says France to be spared power business job cuts

    General Electric's (GE.N) decision to ax 12,000 jobs from its struggling power business will not hit its French operations, a senior GE executive told Reuters on Thursday. "When GE bought Alstom Energy there was a contractual requirement and commitment to the French government that France would not be affected by reductions for a certain period of time," Michael Rechsteiner, the head of GE Power Services Europe, said in a telephone interview after the job cuts news. GE spent 9.7 billion euros (then worth $10.7 billion) in 2015 to buy the energy business of France's Alstom (ALSO.PA).

  • Reuters9 days ago

    General Electric says France to be spared power business job cuts

    General Electric's decision to axe 12,000 jobs from its struggling power business will not hit its French operations, a senior GE executive told Reuters on Thursday. "When GE bought Alstom Energy there was a contractual requirement and commitment to the French government that France would not be affected by reductions for a certain period of time," Michael Rechsteiner, the head of GE Power Services Europe, said in a telephone interview after the job cuts news. GE spent 9.7 billion euros (£8.6 billion)(then worth $10.7 billion) in 2015 to buy the energy business of France's Alstom.

  • Thomson Reuters StreetEvents9 days ago

    Edited Transcript of ALO.PA earnings conference call or presentation 14-Nov-17 9:00am GMT

    Half Year 2018 Alstom SA Earnings Call

  • American City Business Journals10 days ago

    GE to eliminate 4,500 jobs in Europe, report says

    General Electric Co. is planning to eliminate 4,500 jobs in Europe as part of CEO John Flannery's plan to turn around the company, according to a report from a French newspaper. The layoffs would come from GE's (GE) 2015 acquisition of the French conglomerate Alstom's power and grid businesses, reported the publication Les Echos on Tuesday. GE made the proposal to a council representing the interests of legacy Alstom workers, according to Les Echos.

  • Reuters11 days ago

    General Electric to cut 4,500 jobs in Europe - report

    PARIS (Reuters) - U.S. firm General Electric (GE.N) will cut 4,500 jobs across Europe after reviewing assets it purchased from France's Alstom (ALSO.PA) in 2015, French newspaper Les Echos said on Tuesday. ...

  • Reuters23 days ago

    EU mergers and takeovers (Nov 23)

    BRUSSELS, Nov 23 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Apollo Capital Management to acquire ...

  • Moody's26 days ago

    Bombardier Inc. -- Moody's assigns Caa1 rating to Bombardier's new senior unsecured notes

    Rating Action: Moody's assigns Caa1 rating to Bombardier's new senior unsecured notes. Global Credit Research- 20 Nov 2017. Toronto, November 20, 2017-- Moody's Investors Service assigned a Caa1 rating ...

  • Market Realist29 days ago

    What Portfolio Simplification Means to General Electric?

    GE’s 3Q17 results show that ~50% of the company’s portfolio is facing severe pressure either on revenues or on operating profit growth.

  • TheStreet.comlast month

    GE's Low Return on Alstom Deal Complicates Power Turnaround

    General Electric is considering whether to sell its controlling stake in Baker Hughes, the oil equipment provider that combined with the conglomerate's oil and gas business.

  • France and Germany got their Railbus. Will the EU let them build it?
    Bloomberglast month

    France and Germany got their Railbus. Will the EU let them build it?

    With historic factories located deep in the European heartland, and billions of dollars worth of contracts with local train operators, Siemens AG and Alstom SA are big players in the region’s rail-equipment ...

  • Reuterslast month

    French group Alstom first-half net profit surges, keeps 2020 financial goals

    PARIS (Reuters) - French manufacturing group Alstom (ALSO.PA), which has agreed to merge its rail operations with Germany's Siemens (SIEGn.DE), reported a surge in first-half net profit and kept its 2020 ...

  • Hydrogen-powered trains to run on German rails from 2021
    Associated Presslast month

    Hydrogen-powered trains to run on German rails from 2021

    BERLIN (AP) — Commuters in northern Germany will be able to travel on the world's first hydrogen-powered trains in four years' time.

  • Reuterslast month

    Alstom and Siemens among bidders for British high-speed train contract

    France's Alstom and Germany's Siemens are among the firms shortlisted to make trains to run on Britain's new High Speed 2 network, the railway's developer said on Thursday. Bombardier Transportation, Hitachi Rail Europe and Spain's Patentes Talgo are also on the shortlist of bidders for the 2.75 billion pound ($3.6 billion) contract. China's state-owned CRRC, the world's biggest trainmaker with increasingly international ambitions, is not on the list.

  • Reuterslast month

    Alstom and Siemens among bidders for British high-speed train contract

    France's Alstom and Germany's Siemens are among the firms shortlisted to make trains to run on Britain's new High Speed 2 network, the railway's developer said on Thursday. Bombardier Transportation, Hitachi Rail Europe and Spain's Patentes Talgo are also on the shortlist of bidders for the 2.75 billion pound ($3.6 billion) contract. China's state-owned CRRC, the world's biggest trainmaker with increasingly international ambitions, is not on the list.

  • Reuterslast month

    Bombardier should consider rail deal with China's CRRC -Caisse CEO

    Bombardier Inc should look at all options for its transportation business including partnering with China's state-owned CRRC, one of Bombardier's biggest shareholders said on Wednesday. Every opportunity that comes up ought to be looked at," Caisse de depot et placement du Quebec Chief Executive Officer Michael Sabia told reporters when asked about a deal with CRRC. Germany's Siemens and France's Alstom said they are merging their train manufacturing operations in September.

  • Bombardier should consider rail deal with China's CRRC - Caisse CEO
    Reuterslast month

    Bombardier should consider rail deal with China's CRRC - Caisse CEO

    Bombardier Inc (BBDb.TO) should look at all options for its transportation business including partnering with China's state-owned CRRC , one of Bombardier's biggest shareholders said on Wednesday. Every opportunity that comes up ought to be looked at," Caisse de depot et Placement du Quebec Chief Executive Officer Michael Sabia told reporters when asked about a deal with CRRC. Germany's Siemens (SIEGn.DE) and France's Alstom (ALSO.PA) said they are merging their train manufacturing operations in September.

  • China's Rail Bogeyman
    Bloomberg2 months ago

    China's Rail Bogeyman

    The fiercely competitive international market is of only passing interest to CRRC.

  • Reuters2 months ago

    COLUMN-Choosing "champions" in a protectionist world: McGeever

    If the 40-year wave of globalization is now giving way to a rising tide of protectionism, the outlook for national and regional champions is brightening. Early signs of these trends may already be starting to emerge as the de-globalization drift deepens, with the Trump administration's "America First" world view sowing doubt over how global trade will evolve in the years and decades ahead. In that time he has withdrawn the United States from the Trans-Pacific Partnership (TPP), threatened to withdraw from the North American Free Trade Agreement (NAFTA) and chided Germany for its huge trade surplus.

  • Reuters2 months ago

    COLUMN-Choosing "champions" in a protectionist world: McGeever

    If the 40-year wave of globalization is now giving way to a rising tide of protectionism, the outlook for national and regional champions is brightening. Early signs of these trends may already be starting to emerge as the de-globalization drift deepens, with the Trump administration's "America First" world view sowing doubt over how global trade will evolve in the years and decades ahead. In that time he has withdrawn the United States from the Trans-Pacific Partnership (TPP), threatened to withdraw from the North American Free Trade Agreement (NAFTA) and chided Germany for its huge trade surplus.

  • Ivory Coast Starts Alstom Rail Talks After Hyundai Edged Out
    Bloomberg2 months ago

    Ivory Coast Starts Alstom Rail Talks After Hyundai Edged Out

    Ivory Coast is talking to French train equipment suppliers Alstom SA and Thales SA about taking part in a 1.4 billion euro ($1.6 billion) urban-railway project to be funded by France, pushing out South ...

  • Reuters2 months ago

    French finmin convinced Siemens-Alstom to absorb Bombardier, Spanish group

    The merged Siemens-Alstom rail company will eventually absorb Canadian rival Bombardier and a Spanish competitor in the face of emerging Chinese giants, French Finance Minister Bruno Le Maire said on Wednesday. ...

  • Reuters2 months ago

    French finance minister urges EU to change approach on competition issues

    French finance minister Bruno Le Maire on Monday called upon the European Union to change its approach regarding competition matters, saying its current attitude hindered European companies compared to U.S. or Chinese rivals.