AOMFF News and Press, Alstom Ord From 04/19/18

General Electric ( GE ) reports quarterly earnings Friday. Analysts expect revenue of $27.52 billion and EPS of $0.12. The revenue estimate implies a double-digit decline Q/Q. Investors should focus on the following key items: Shift From Power To Renewal Energy Will Cause Pain A double-d...

Last week we published "How Did GE Mess Up Its Baker Hughes Acquisition?" and promised to follow up with an article on GE's ( GE ) acquisition of the Alstom Power ( AOMFF ) ( ALSMY ). GE's poor track record of deal making can be best summarized in these two marque transactions. Both transact...

SNC-Lavalin ( OTCPK:SNCAF ) and France’s Alstom ( OTCPK:ALSMY , OTCPK:AOMFF ) won the contract award valued to C$1B-plus to provide rail cars for Montreal's light rail system - one of the world's biggest - from Quebec’s Caisse public pension fund following a tender process o...

In October 2015, Nelson Peltz's Trian took a $2.5 billion stake in General Electric ( GE ) claiming that it has become one of GE's top 10 shareholders. At the same time Trian put out a presentation that showed GE could be worth approximately $40 to $45 by the end of 2017. We all know what happ...

GE CEO John Flannery. Source: General Electric General Electric ( GE ) reported Q4 revenue of $31.4 billion and EPS of -$1.23. The company missed on revenue and earnings, but gave expected adjusted earnings for 2018 of $1.00 - $1.07 which was similar to a consensus of $1.06. However, i...