|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||39.84 - 40.89|
|52 Week Range||33.40 - 41.52|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||10.47|
|Earnings Date||May 7, 2019|
|Forward Dividend & Yield||0.35 (0.91%)|
|1y Target Est||42.28|
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Today we'll look at Alstom SA (EPA:ALO) and reflect on its potential as an investment. Specifically, we're going to calculate...
4 April 2019 Disclosure of the total number of voting rights and shares forming the share capital as at 31 March 2019 Information pursuant to article L. 233-8 II of the Code de commerce and articles 223-16 and ...
29 March 2019 - Alstom will supply Île-de-France Mobilités and the Société du Grand Paris with 23 trains consisting of 3 cars each for metro lines 16 and 17 of the Grand Paris Express, for an amount worth around 100 million euros. This exercise of options is part of the contract signed in September 2018: 25 trains consisting of 6 cars each have already been ordered and are currently being developed at Alstom`s site in Valenciennes Petite-Forêt. Île-de-France Mobilités will be making these trains available to future operators, thus enabling them to exploit new-generation material that benefits from the latest technologies and offers a high level of performance.
The African Development Bank Group said on Friday that two General Electric Co subsidiaries would be temporarily barred from bidding on power contracts as part of a settlement of misconduct cases. The agreement bars GE Power units in Egypt and Germany from bidding for up to 76 months, the bank said. The units, former parts of Alstom that GE acquired in 2015, were found to have engaged in bribery and fraud in 2006 and 2011, the bank said.
20 March 2019 - Alstom has signed a contract to supply 41 Coradia Lint regional trains to Transdev for operation in German region of Bavaria. The trains will be operated by Transdev subsidiary Bayerische Regiobahn GmbH (BRB) on the lines from Augsburg to Weilheim, Schongau, Ingolstadt, Eichstätt and Langenneufnach.
French firms signed contracts in Kenya worth some 2 billion euros ($2.26 billion) during a visit on Thursday by President Emmanuel Macron, who wants to deepen France's economic ties with Anglophone East Africa. Macron's visit to Nairobi is the first by a French president since Kenya won independence from Britain in 1963 and follows stopovers in Ethiopia and Djibouti - all countries where China has moved in aggressively and presents stiff competition. At a ceremony with Kenyan leader Uhuru Kenyatta, a consortium led by Vinci secured a 30-year concession worth 1.6 billion euros to operate a highway linking the Kenyan capital and Mau Summit in western Kenya.
French firms signed contracts in Kenya worth some 2 billion euros ($2.26 billion) during a visit on Thursday by President Emmanuel Macron, who wants to deepen France's economic ties with Anglophobe East Africa. Macron's visit to Nairobi is the first by a French president since Kenya won independence from Britain in 1963 and follows stopovers in Ethiopia and Djibouti - all countries where China has moved in aggressively and presents stiff competition. At a ceremony with Kenyan leader Uhuru Kenyatta, a consortium led by Vinci secured a 30-year concession worth 1.6 billion euros to operate a highway linking the Kenyan capital and Mau Summit in western Kenya.
France signed infrastructure contracts in Kenya worth more than 2 billion euros on Thursday, including a 1.6 billion euro 30-year concession for a Vinci-led consortium to operate a highway between Nairobi ...
When General Electric Co. bought Alstom SA’s power business in 2015, it cost it a little more than $10 billion. In effect, it is the $4 that squares up the balance sheet when a company spends $10 for something that will only add $6 to its net worth. In recording goodwill that exceeded the cost of the acquired power business, GE was essentially telling investors that the Alstom assets it bought had a net worth less than zero.
As General Electric Company (NYSE: GE) prepares to provide a critical financial update for its shareholders on Thursday, investors are still trying to figure out exactly how a blue chip company worth $300 billion at the beginning of 2016 could now have a market cap of under $90 billion. WSJ's Michael Rapoport focuses on GE’s accounting treatment of a $10 billion 2015 deal with Alstom SA (OTC: ALSMY) as one example of the dubious way GE was propping up its bottom line right under investors’ noses. GE acquired Alstom’s Power business for $10 billion but then immediately registered $13.5 billion in goodwill on its books upon the deal’s completion.
7 March 2019 Disclosure of the total number of voting rights and shares forming the share capital as at 28 February 2019 Information pursuant to article L. 233-8 II of the Code de commerce and articles 223-16 and ...
European Union antitrust rules could be reformed to introduce a two-stage review of mergers that would examine competition issues and then broader public interests, said the head of a German commission tasked with coming up with reforms proposals. Germany and France want to overhaul EU mergers rules following the European Commission's veto of efforts by Siemens and Alstom to create a European rail champion to compete with larger foreign rivals. Achim Wambach, who heads the German commission charged with presenting reform proposals, said a two-stage review of mergers could first look at competition issues and then at broader public interests - such as security issues and the impact on consumers.
Thyssenkrupp downplayed concerns over antitrust scrutiny with regard to its planned joint venture with Tata Steel, saying it could not be compared with a vetoed rail tie-up of Siemens and Alstom. "You cannot put the same label on it at all," Guido Kerkhoff told journalists on Tuesday, adding that the European steel sector had witnessed several large transactions in the past that were approved by regulators after remedies had been offered. The European Commission is expected to send a charge sheet known as a statement of objections to Thyssenkrupp this week, which usually sets out serious competition concerns which companies have to address, sources told Reuters on Monday.
After four decades on the production line at French trainmaker Alstom, Claude Gemino had little sympathy for Emmanuel Macron when Brussels scotched the French president's hopes of creating a European rail champion. For Gemino and many co-workers at Alstom's Belfort factory, Macron's support for the blocked merger with Germany's Siemens signalled a readiness to put shareholders ahead of jobs and protecting France's fragile manufacturing sector.
"There's a lot of capital there that we're gonna be able to put to use to bring down the leverage on the industrial balance sheet," General Electric CEO Larry Culp says.