|Bid||0.00 x 44200|
|Ask||0.00 x 100000|
|Day's range||113.35 - 115.35|
|52-week range||104.30 - 133.50|
|PE ratio (TTM)||15.90|
|Earnings date||31 Jan 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Martin Schulz, the leader of Germany's centre-left Social Democrats (SPD), on Friday blasted Siemens AG's (SIEGn.DE) plans to cut 6,900 jobs as "anti-social", his latest salvo in an escalating public dispute with Siemens Chief Executive Joe Kaeser. Kaeser had responded to earlier criticism from Schulz in an open letter published by the Handelsblatt newspaper on Thursday, saying his use of "populist and aggressive slogans" could aid the company's competition. Schulz, whose party agreed on Friday to enter talks with Chancellor Angela Merkel's conservatives about renewing its outgoing coalition government, said he had read Kaeser's letter but did not plan to respond in kind.
Rolls-Royce Holdings Plc is joining Airbus SE and Siemens AG in their quest to develop a 100-seater hybrid electric aircraft, giving the U.K. engine maker a seat at the table of a potential promising aviation ...
DGAP-News: H&R GmbH & Co. KGaA / Key word(s): Strategic Company Decision/Sustainability24.11.2017 / 12:30 The issuer is solely responsible for the content of this announcement.
DGAP-News: Software AG / Key word(s): Incoming Orders23.11.2017 / 14:21 The issuer is solely responsible for the content of this announcement.
Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union. Siemens said on Thursday it wanted to cut about 6,900 jobs, or close to 2 percent of its global workforce. IG Metall, Germany's largest trade union, called for the protests in Berlin and the city of Offenbach near Frankfurt, urging Siemens to revise plans it said would harm the company.
Siemens (SIEGn.DE) employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union. Siemens said on Thursday it wanted to cut about 6,900 jobs, or close to 2 percent of its global workforce. IG Metall, Germany's largest trade union, called for the protests in Berlin and the city of Offenbach near Frankfurt, urging Siemens to revise plans it said would harm the company.
Employees of German industrial conglomerate Siemens demonstrate at the firm's famed "Dyanomowerk" site in Berlin to protest against restructuring plans that include mass layoffs at the industrial ...
Ballard Power Systems, Inc.'s (BLDP) Development Agreement worth $9 million with Siemens AG will be utilized for powering Siemens Mireo light rail train.
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Germany’s Siemens AG said it would cut 6,900 jobs as it wrestles with a sharp slowdown in demand for turbines used in fossil-fueled power plants, the latest restructuring move by a global industrial giant....
Siemens (SIEGn.DE) will cut about 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division, which has been hit by the rapid growth of renewables. Most of the cuts, about 6,100, will be made before 2020 at Siemens's Power and Gas division, which once thrived on supplying large gas turbines for electricity generation but has been overtaken by the global surge in solar and wind capacity. "The power generation industry is experiencing disruption of unprecedented scope and speed," Siemens management board member Lisa Davis said.
BERLIN (AP) — Industrial conglomerate Siemens has announced plans to cut about 6,900 jobs worldwide at its power, gas and drives divisions, half of them in Germany.
Siemens AG announced the most sweeping round of job cuts in years with a plan to eliminate about 6,900 positions worldwide and close at least two factories in Germany as the biggest European engineering ...
With historic factories located deep in the European heartland, and billions of dollars worth of contracts with local train operators, Siemens AG and Alstom SA are big players in the region’s rail-equipment ...
Leonardo was the biggest loser on Friday, falling 21.6 percent after the Italian defence contractor cut its guidance. The pan-European index ended the week down 1.9 percent, its biggest weekly loss since mid-August, but remains up 7.5 percent for the year to date. Economic growth is strong and earnings are good even though not exceptional," he said.
Joe Kaeser, CEO of German industrial conglomerate Siemens, speaks during the annual results press conference on November 9, 2017 in Munich, southern Germany
ChargePoint, a U.S. maker and operator of electric vehicle charging stations, said on Thursday it struck a deal with petrol station service group Technical Services Group (TSG), marking the latest step in the group's European expansion efforts. Through the deal, ChargePoint hopes to draw on TSG's strong presence on the continent, where the France-based company provides maintenance services to about 32,000 petrol stations and is also active in their construction. Privately-held TSG, formerly part of Tokheim before it was sold to U.S. industrial conglomerate Dover last year, supplies equipment and services to the fuel distribution industry in Europe and Africa.
BERLIN (AP) — Industrial conglomerate Siemens says its net profit rose 10 percent in the July-September period from a year earlier on a healthy increase in orders, but earnings at its power and gas unit dropped sharply.
German engineering company Siemens (SIEGn.DE) reported a worse than expected 10 percent drop in quarterly industrial profit and signalled a tough year ahead as it restructures its turbine and wind power businesses. Siemens is shedding operations as it seeks to shrug off its conglomerate structure and remodel itself as an industrial software company. Industrial profit came in at 2.2 billion euros (£1.9 billion) for the quarter to the end of September, below the lowest estimate in a Reuters poll of analysts, in which forecasts averaged 2.49 billion euros.
Siemens (SIEGn.DE) sees no future for old-school conglomerates, its chief executive said on Thursday as the German industrial group prepares for a year of change. "We have understood that conglomerates of the old-fashioned kind have no future," Joe Kaeser told a news conference after the company reported a 10 percent drop in fourth-quarter industrial profit. Siemens is preparing to list its 40 billion-euro (35.34 billion pounds) healthcare business, has put its wind-power business into a joint venture and is preparing to do the same with its rail business.