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Stock Market & Financial Investment News

News Breaks
December 11, 2013
12:10 EDTPEUGYSource: Peugeot approves proposal for EUR3.5B capital increase, Reuters reports
Peugeot's board has approved a proposal for a capital raise of EUR3.5B involving Dongfeng Motor Group, Reuters reports, citing a source. The proposed deal also involves a rights issue, the source adds. The carmaker looks to finalize the capital hike in January or February. Reference Link
News For PEUGY From The Last 14 Days
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April 17, 2014
07:58 EDTPEUGYEU vehicle sales turnaround fails to stop price war, Reuters says
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April 15, 2014
07:07 EDTPEUGYPeugeot slices product line, expenses in turnaround plan, Reuters says
Peugeot is set to almost halve its product line and focus investment on new technology in an effort to return to profit, according to Reuters, citing comments from the automotive company's new boss Carlos Tavares. Tavares promised to slice costs and excess plant capacity to stop losses by 2016. Reference Link

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