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• Alstom infrastructure boom boosts annual profits by half

  - 2008-05-07

  PARIS AFP — French engineering giant Alstom reported a 56-percent rise in net profit for its last financial year on Wednesday and said orders had reached record high levels because of strong global demand for infrastructure. The group, which sells turbines for power stations and the TGV high-speed train...

  Tags: Agence France-Presse, Alstom, FINANCE, financial, SALES

• Prosecutors probe Alstom for contract corruption

  - 2008-05-06

  PARIS AFP — French prosecutors suspect engineering giant Alstom, builder of power stations and high-speed trains, of bribing foreign officials to win contracts, a judicial source said Tuesday. Prosecutors started an investigation on November 7 into suspected "corruption of foreign public agents" and "abusive use of assets," the source...

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• European shares rebound across board

  - 2007-09-11

  LONDON AFP — Europe's main stock markets rallied on Tuesday following a modest rebound for Japanese equity prices in Asian trade. The London FTSE 100 index of leading shares surged 1.46 percent to 6,223.70 points in afternoon trade. Frankfurt's DAX 30 won 1.13 percent to 7,459.68 points and...

  Tags: Agence France-Presse, Alstom, board, Europe, FINANCE, Government, Investment, London, Paris, stock

• France's Alstom to build coal-fired power station in US

  - 2006-08-22

  PARIS AFP — French heavy engineering group Alstom said it had won a contract worth 560 million euros (716 million dollars) to build a coal-fired power station in the US state of Missouri. The contract with Kansas City Power and Light is to build a power station near Weston,...

  Tags: Agence France-Presse, Alstom, FINANCE, Investment, Missouri, Paris

• Alstom warns of further restructuring if orders fail to pick up

  - 2004-06-18

  PARIS AFP ? French engineering group Alstom warned that its financial results could be hurt if orders failed to show a durable improvement this year. But the troubled giant, which builds high-speed trains, ocean liners and power stations, also said Friday in its annual report for 2003-2004 that it...

  Tags: Agence France-Presse, Alstom, bank, FINANCE, Paris

• Alstom shares surge 4.31 pct on French commitment to partnerships

  - 2004-05-25

  PARIS AFP ? Shares in French engineering giant Alstom surged 4.31 percent to 1.21 euros following an announcement in Brussels that France and the European Union had made progress in talks aimed at saving the group. The overall CAC 40 index was down 0.60 percent in mid-day trade Tuesday...

  Tags: Agence France-Presse, Alstom, FINANCE, partnership

• Alstom rescue plan delayed by partnerships clause

  - 2004-05-22

  PARIS AFP ? A rescue plan for engineering group Alstom, worked out by EU and French officials in Brussels at the beginning of the week, remained the subject of tough negotiations this weekend over the fine print on partnerships. At issue are sensitive principles concerning the extent to which...

  Tags: Agence France-Presse, Alstom, FINANCE, France, partnership, Transportation