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...The new HS2 rolling stock built by a Hitachi and Alstom joint venture will be 200m long, shorter than the current Avanti rolling stock on the West Coast Mainline by about 60 metres....
...Mobico, the Cosmen family and Alstom declined to comment. Eurostar has been contacted for comment....
...This could help secure the future of the [Derby] Litchurch Lane site,” Alstom said in a statement....
...Labour’s shadow transport secretary Louise Haigh said the mothballing of Alstom’s Derby plant “will be devastating for Alstom employees, for Derby, and for Britain’s rail industry”....
...Hitachi and Alstom in 2021 won a contract worth up to £2.8bn to build 54 trains for HS2 rail line....
...Alstom is also exposed to political uncertainty....
...Moody’s rates Alstom Baa3, just a notch above junk status....
...Shares in Alstom, the French train manufacturer, plunged 37 per cent on Thursday morning after the company warned that cash flow would turn sharply negative this year because of inventory build-up and delays...
...Alstom is in a deeper crisis. It has put the UK government on notice that it is planning to mothball its historic factory in Derby, putting 1,300 jobs at risk....
...Alstom has a signalling problem. Analysts tuning into an Alstom conference call on Wednesday evening were greeted by chief financial officer Bernard Delpit....
...Alstom’s purchase of Bombardier’s train business has proved troublesome....
...Alstom: Shares in the French rail equipment manufacturer rose by almost 10 per cent after Deutsche Bank upgraded its guidance from “hold” to “buy”....
...Alstom: shares lost more than 6 per cent after Barclays cut its target price....
...The stock of French train maker Alstom collapsed 43 per cent this week. But that was due to the normal grinding delays you get on UK train contracts....
...Big price moves in European stocks on Monday include Germany’s Siemens Energy, France’s Alstom, and Switzerland’s Alcon: Siemens Energy: The German company led risers on the region-wide Stoxx Europe 600...
...Big share price moves in Europe today include French rail infrastructure company Alstom, Zurich-based recruitment company Adecco and UK utilities group Pennon: Alstom: Shares in the French rail infrastructure...
...Big share price moves in Europe today include Danish jeweller Pandora, French train company Alstom and Spanish infrastructure company ACS: Pandora: Shares surged more than 8.5 per cent, leading gains on...
...Alstom this week warned it only has six weeks of work left at its plant in Derby, and that some of its suppliers have already gone into liquidation....
...Japanese conglomerate Hitachi recently took a £65mn writedown on its Newton Aycliffe plant, while French transport equipment maker Alstom warned it had six weeks of work left at its plant in Derby....
...French trainmaker Alstom and Canada’s Bombardier led the consortium that won a $1bn contract to provide the mostly hybrid diesel-electric passenger trains that will run along the route....
...Results: Updates are expected from Alstom, LVMH, Tata Motors and Unilever....
...Alstom has warned of job losses at its Derby factory as work runs out. This is not because companies do not need new trains....
...Hitachi and Thales are two of the main suppliers of signalling systems in the UK alongside Germany’s Siemens and France’s Alstom....
...Big share price moves on the European stock exchange include Dechra Pharmaceuticals, retailer Superdry and French industrial group Alstom: Shares in Dechra Pharmaceuticals rose 38 per cent to the top of...
...Alstom shares fell 3 per cent to the bottom of the benchmark Stoxx 600 after reports that the French industrial group had attracted increasing interest from short sellers in March....
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