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Stock Market & Financial Investment News

News Breaks
July 21, 2014
05:41 EDTABB, VOLVYVolvo announces partnership with ABB
Volvo Buses (VOLVY) and ABB (ABB) have signed a partnership agreement regarding automatic e-bus chargers for electric-hybrid and full-electric Volvo buses. The cooperation enables the companies to deliver complete electrified bus solutions to cities. Under the global partnership agreement, Volvo Buses will supply electric-hybrid buses and full-electric buses. ABB will supply standard-based fast-charging solutions for the electric vehicles. The first joint project will be the implementation of Volvo Electric Hybrids and automatic e-bus chargers in the Luxembourg public transport system. Potentially 12 Volvo Electric Hybrid buses operated by Sales-Lentz will be running on existing public bus lines in Luxembourg as of 2015.
News For VOLVY;ABB From The Last 14 Days
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July 22, 2015
07:16 EDTABBActivist may push for ABB break-up, Bloomberg reports
Activist investor Cevian Capital is now the second largest stakeholder in ABB with a 5.1% stake and may push for a breakup or other changes at the power grid maker, according to Bloomberg, citing a person familiar with the investor's plans. Reference Link
July 17, 2015
05:27 EDTVOLVYVolvo reports Q2 revenue up 17% to SEK 84.8B vs SEK 72.6B last year
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July 14, 2015
05:45 EDTVOLVYVolvo to acquires 100% of Polestar
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