Alstom said it planned to scrap its dividend and cut around 1,500 jobs as part of a cost-savings plan, but shares fell sharply and could remain volatile until the question of whether it will raise capital is resolved, analysts said.
By Pierre Bertrand Alstom said it has received an eight-year services contract extension worth around 950 million euros ($1 billion) from CrossCountry in the.
By Pierre Bertrand Evolyn said it has agreed to purchase 12 high-speed trains from French manufacturer Alstom as part of its ambition to offer a Channel.
By Pierre Bertrand Alstom shares fell in early trading Thursday after the French trainmaker posted preliminary first-half results showing a decline in free.