Previous close | 274.60 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 274.60 - 274.60 |
52-week range | 259.53 - 274.60 |
Volume | |
Avg. volume | 2,700 |
Market cap | N/A |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The continent-wide STOXX 600 index rose 0.6%, rebounding from last week's selloff triggered by geopolitical concerns as well as worries that the Federal Reserve will delay interest rate cuts. Greece's ATHEX index gained 2.0% after credit ratings agency S&P revised the country's outlook to "positive" from "stable".
The proceeds from the sale, net of expected tax and transaction costs, should amount to around 620 million euros. The deal is expected to close as soon as the summer, Alstom said, following regulatory approval. The transaction is part of Alstom's plan to reduce its debt by 2 billion euros, which will be revealed in detail on May 8.
Alstom (ALSMY) shares sank in early trading as the company reported that free cash flow dropped in the first half of 2023 from negative €45 million to negative €1.15 billion. Yahoo Finance Live discusses the reasons for this drop. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.