UPDATE 1-Stagecoach takes legal action against UK after rail bids rejected [Reuters]
ALSTOM UNSP/ADR (ALSMY)
NASDAQ:AMEX Investor Relations:
alstom.com/investor-relations
Company Research
Source: Reuters
UPDATE 1-Stagecoach takes legal action against UK after rail bids rejected - Reuters 2 Min Read (Adds details on pension risk, background on contract losses) May 8 (Reuters) - Stagecoach Group said on Wednesday it had begun legal action against Britain’s Department for Transport after the company’s bid to continue operating a rail route was rejected due to concerns over pensions. The Department for Transport has asked rail franchise bidders to take on the full long-term funding risk of parts of the Railways Pension Scheme and disqualified Stagecoach’s bid for the East Midlands franchise because it did not comply with that request. It also disqualified the company from bidding for the West Coast and South Eastern franchises for the same reason. Stagecoach, which also said it was considering legal action over the other two disqualifications, estimates the liability could be well in excess of 1 billion pounds ($1.3 billion). The transport company has operated the East Midlands franchise
Show less
Read more
Impact Snapshot
Event Time:
ALSMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALSMY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALSMY alerts
High impacting ALSTOM UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ALSMY
News
- ALSTOM SA: Alstom to provide operations and maintenance services for Metrolink in Southern California [Yahoo! Finance]Yahoo! Finance
- Unifor welcomes $758 million federal government investment in Canadian-made TTC subway cars [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Feds announce $758-million to help TTC buy new subway trains [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Feds announce $758 million to help TTC buy new subway trains [Yahoo! Finance Canada]Yahoo! Finance Canada
- Alstom: Outperforming, But Caution May Be Needed [Seeking Alpha]Seeking Alpha