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Stock Market & Financial Investment News

News Breaks
January 7, 2013
06:16 EDTAFLYYAir France-KLM says it's not buying Alitalia, Reuters reports
Air France-KLM (AFLYY) denied a report in Il Messaggero that it was in advanced talks to buy out Italian investors in Alitalia and take control of the airline, reports Reuters. The paper reported that Air France-KLM, which has held 25% of Alitalia since January 2009, would offer remaining shareholders a 20% premium on what they paid in 2008. Reference Link
News For AFLYY From The Last 14 Days
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March 4, 2015
10:01 EDTAFLYYOn The Fly: Analyst Downgrade Summary
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March 3, 2015
16:36 EDTAFLYYAir France-KLM downgraded to Neutral from Buy at Goldman
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February 19, 2015
05:55 EDTAFLYYAir France-KLM to reduce investments, make 800 job cuts, Financial Times says
Air France-KLM said it would step up cost cutting measures by reducing investment by EUR 600M over two years and making 800 job cuts through voluntary means, reports the Financial Times. CEO Alexandre de Juaniac said the company is being "very, very cautious" and said he wanted a "deep transformation" in the company. Reference Link

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