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Azerbaijan Railways selects Alstom KZ8A electric freight trains

2014-05-13 01:00:00| Railway Technology

Azerbaijan Railways (ADDY) has selected French train maker Alstom to deliver 50 KZ8A 8,800kW electric freight trains in a deal worth 300m.

Tags: electric azerbaijan trains freight

 

GE oil chief sees more growth despite Alstom deal

2014-05-12 15:50:29| Oil & Gas - Topix.net

General Electric Co 's $16.9 billion bid for Alstom SA's power business will do little to slow down GE's oil and gas division, according to the head of the unit, even though such a transaction could preclude any more big deals by the U.S. conglomerate until after next year.

Tags: deal growth chief oil

 
 

Bid target Alstom sees profits fall

2014-05-07 12:18:45| BBC News | Business | UK Edition

French engineering group Alstom, which is currently embroiled in a takeover battle for its power business, reports a drop in full year profits.

Tags: fall target bid sees

 

Alstom battle to upstage Siemens chief's grand strategy launch

2014-05-04 21:15:26| Telecom - Topix.net

When Joe Kaeser took the reins of German engineering giant Siemens last summer after a boardroom coup, he made clear his priority was closing a yawning profitability gap with rivals such as General Electric .

Tags: grand strategy battle siemens

 

Alstom battle to upstage Siemens chief's grand strategy launch

2014-05-04 21:15:25| Telecom - Topix.net

Tim Albrecht, a fund manager at DWS Investment, said he would prefer a low-risk strategy in which the company emphasizes organic growth over big acquisitions such as Alstom.

Tags: grand strategy battle siemens

 

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