Back to Business

Alstom shares tumble 26% after train maker cuts profit forecast

Business November 2, 2026 at 8:16 AM

Alstom shares tumble 26% after train maker cuts profit forecast

Financial Times

French group also sets out plan to cut €2bn in debt in second major profit warning under new chief Martin Sion

Excerpt from Financial Times.

Read the full story at Financial Times

More Stories

What Are Structured Notes And Why the Market for Them Is Booming

What Are Structured Notes And Why the Market for Them Is Booming

A conversation with Nomura's Alex Micalizzi.

🇺🇸 Bloomberg Markets 20m ago

Analysis Of Abrdn Healthcare Investors (HQL): The Fund Is Currently Overvalued

Analysis Of Abrdn Healthcare Investors (HQL): The Fund Is Currently Overvalued

🇺🇸 Seeking Alpha 23m ago

Peoples Bancorp: The Capital Deal Clears The Regulatory Threshold With Scale, And The Stock Is Cheap

Peoples Bancorp: The Capital Deal Clears The Regulatory Threshold With Scale, And The Stock Is Cheap

🇺🇸 Seeking Alpha 29m ago

Your world briefing, in your pocket

Curated news from 12 countries and 10 languages. Coming soon on iOS and Android.

Coming soon on App Store Coming soon on Google Play