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>> ALSTOM Latest News

9 HOURS AGO - The Economist

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Growing by shrinking

IT TOOK more than three years, but on February 24th Finmeccanica, Italy’s state-controlled aerospace and defence group, said it had found a buyer for its rail businesses. Hitachi, a Japanese conglomerate, will pay €773m ($876m) for Finmeccanica’s 40% stake in Ansaldo STS, a railway-signalling company listed on Milan’s stock exchange, and €36m for AnsaldoBreda, a trainmaker (and lossmaker) fully owned ...

Tags: Growing by shrinking,  Alstom Latest News

FEB 25, 2015 - Business Insider

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Swiss central bank under scrutiny after franc shock

By Alice Baghdjian and Katharina BartZURICH (Reuters) - Six weeks after a fateful decision that blasted its currency skywards, Switzerland's central bank is coming under intense scrutiny, with critics calling for changes to its insular policy practices and century-old ownership structure.The shock of the Jan. 15 move by the Swiss National Bank (SNB) to abandon the franc's three-year-old cap against ...

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FEB 24, 2015 - Zero Hedge

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Frontrunning: February 24

Yellen faces Senate grilling on Fed rate policy, transparency (Reuters) Big Banks Face Scrutiny Over Pricing of Metals (WSJ) Greece makes more concessions to euro zone, Germany sets vote (Reuters) Time for another executive order: Longer Lives Hit Companies With Pension Plans Hard (WSJ) The Syria invasion "false flag" approaches: Islamic State in Syria abducts at least 90 from Christian ...

Tags: Frontrunning: February 24,  Alstom Latest News

FEB 23, 2015 - DealBook

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General Electric Deal for Alstom Raises Concerns Among European Authorities

The European Commission said it was worried that G.E., as the world’s top maker of heavy-duty gas turbines, would be eliminating a major competitor.

Tags: General Electric Deal for Alstom Raises Concerns Among European Authorities,  Alstom Latest News

FEB 23, 2015 - St. Louis Post-Dispatch

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EU opens in-depth probe of GE takeover of Alstom power unit

BRUSSELS (AP) — The European Union opened an in-depth probe of General Electric's $14.1 billion takeover of the power division of French company Alstom on Monday fearing higher prices and less choice.

Tags: EU opens in-depth probe of GE takeover of Alstom power unit,  Alstom Latest News