ComfortDelGro Corporation Limited (SGX: C52)
ComfortDelGro Corporation, or CDG, is one of the largest land transport companies in the world. The group operates a total fleet size of 34,000 buses, taxis, and rental vehicles along with 210 km of rail network in operation and under development. Last week, CDG announced that its joint venture with Go-Ahead Group, Connecting Stockholm, was awarded an 11-year contract by the Stockholm Public Transport Administration to operate and maintain the Stockholm Metro. CDG holds a 45% stake in Connecting Stockholm....Growth in revenue and earnings helps to drive share prices higher in the long run.
Companies may, from time to time, announce interesting business developments that help to boost their business prospects.
Investors should watch for such news to filter out interesting stocks to dig deeper into.
These stocks could also form a potential buy watchlist that you can keep by your side if you need investment ideas.
Here are four stocks that recently announced interesting business developments.
