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Volvo AB - VLVLY STOCK NEWS

Welcome to our dedicated news page for Volvo AB (Ticker: VLVLY), a resource for investors and traders seeking the latest updates and insights on Volvo AB.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Volvo AB's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Volvo AB's position in the market.

News
Volvo Group has signed an option agreement to divest Arquus
Rhea-AI Summary
Volvo Group has signed an option agreement with John Cockerill Defense to sell Arquus after staff consultations, impacting operating income by approximately SEK 900 M in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Volvo Group accelerates hydrogen research with PhD scholarships for the internal combustion engine
Rhea-AI Summary
Volvo Group (VOLV-B.ST) is accelerating hydrogen research with PhD scholarships for the internal combustion engine, aiming to reach net-zero greenhouse gas emission-enabled products, solutions, and services by 2040. The company is investing heavily in the field of hydrogen as a renewable fuel for combustion engines and fuel cell applications, alongside battery-electric solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
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none
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News
Volvo Construction Equipment reaches agreement to divest the ABG paver business
Rhea-AI Summary
Volvo Construction Equipment (Volvo CE) (VOLV-B.ST) and the Ammann Group have agreed on the acquisition of Volvo CE's global ABG paver business. The Volvo Group's operating income will be negatively impacted by approximately SEK 650 M in Q4 2023. The divestment includes the ABG paver production and technology center in Hameln, Germany. ABG paver business had revenues of SEK 1,100 M in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
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none
News
New number of votes in AB Volvo
Rhea-AI Summary
AB Volvo (VOLV-B:ST) reports a change in the number of votes due to the conversion of 550 Series A shares to 550 Series B shares. As of 30 November 2023, the company has 2,033,452,084 registered shares, with 444,986,150 Series A shares and 1,588,465,934 Series B shares, amounting to 603,832,743.4 votes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
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News
Research on rural and urban sustainability in Amazonia rewarded with the Volvo Environment Prize 2023
Rhea-AI Summary
Eduardo Brondizio, a Brazilian-born Anthropologist Professor at Indiana University, Bloomington, USA, has been awarded the Volvo Environment Prize in 2023 for his research on the development and environmental challenges of the Amazon. He emphasizes the need to address the rural and urban realities in the region, including poverty, violence, and the need for economic development. Contrary to popular belief, the majority of the population in the Brazilian Amazon basin lives in cities and faces significant challenges. The region has a long history of economic and resource trade, and its impact on nature dates back over 400 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
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News
Volvo Group - the third quarter 2023
Rhea-AI Summary
Volvo Group reports improved Q3 2023 results with net sales growth of 9% and increased operating income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
earnings
News
Volvo Group, Renault Group and CMA CGM Group join forces to address the growing needs of decarbonized and efficient logistics with an all-new generation of electric vans
Rhea-AI Summary
Renault Group and Volvo Group join forces to create a new company for electrified vans
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
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none
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News
Volvo Defense enters 7-year framework agreement for deliveries of logistics trucks to Estonia and Latvia
Rhea-AI Summary
Volvo Defense has entered a 7-year framework agreement with Estonia and Latvia for the delivery of logistic trucks, with a total value of approximately 440 million Euro. Volvo will deliver up to 3,000 vehicles starting in 2024. This deal demonstrates the reliability of Volvo's products and strengthens their position as a long-term business partner. The agreement includes a comprehensive maintenance and spare parts program. Volvo Trucks' Tuve assembly plant in Gothenburg will produce the vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
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none
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News
New number of votes in AB Volvo
Rhea-AI Summary
The number of votes in AB Volvo has changed due to the conversion of Series A shares to Series B shares. There are now 2,033,452,084 registered shares in AB Volvo, with 603,833,238.4 votes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
Tags
none
News
Pär Boman proposed as new Chairman of AB Volvo
Rhea-AI Summary
AB Volvo proposes Pär Boman as new Chairman and Board member at the Annual General Meeting in March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
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none
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Volvo AB

OTC:VLVLY

VLVLY Rankings

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VLVLY Stock Data

53.97B
1.86B
0.03%
Heavy Duty Truck Manufacturing
Manufacturing
Link
Sweden
Goteborg