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Stock Market & Financial Investment News

News Breaks
June 17, 2014
06:36 EDTVOLVYVolvo China export strategy pinpoints new Geely plan phase, Reuters says
Volvo's goal to turn China into an export hub shows parent company Zhejiang Geely is out to disprove pessimists who are doubting Chinese companies' ability to manage worldwide consumer brands, according to Reuters, citing comments from an executive who requested anonymity because he is not authorized to speak with reporters. The car manufacturer is hoping to surpass its FY14 China sales target by at least 13%. Reference Link
News For VOLVY From The Last 14 Days
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October 24, 2014
05:18 EDTVOLVYVolvo reports Q3 EPS SEK 0.74 vs. SEK 0.68 last year
Reports Q3 revenue SEK 67.2B vs. SEK 64.9B last year. Volvo CEO Olof Persson stated, “The activities within the Strategic Program 2013-2015 are being implemented as planned. We have identified additional opportunities to reduce our structural cost level and we are therefore increasing the scope of our strategic program with the following activities: Implement further cost-reduction activities in Volvo CE, reorganize Group Trucks Sales in order to increase efficiency and reduce costs and review what is core and non-core in in our IT operations.”
October 22, 2014
06:42 EDTVOLVYVolvo management to meet with Piper Jaffray
Meetings to be held in San Francisco on October 28 and in Los Angeles on October 29 hosted by Piper Jaffray.

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