SIE.DE - Siemens Aktiengesellschaft

XETRA - XETRA Delayed Price. Currency in EUR
117.40
-0.85 (-0.72%)
At close: 5:35PM CEST
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Previous Close118.25
Open118.60
Bid0.00 x 44200
Ask0.00 x 100000
Day's Range117.40 - 118.70
52 Week Range99.38 - 133.50
Volume2,605,394
Avg. Volume2,019,547
Market Cap94.74B
BetaN/A
PE Ratio (TTM)16.37
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters6 hours ago

    Siemens may cut jobs in power turbine business overhaul- source

    Siemens (SIEGn.DE) may cut thousands of jobs as part of plans to overhaul its power turbine business, where growth in renewable energy is dampening demand for new coal and gas power stations, a person familiar with the matter said. "Various scenarios are being considered," the source said, adding that details of the changes at the Power & Gas division were still to be decided. German monthly Manager Magazin earlier cited company sources as saying that Siemens could shut or sell up to 11 of its 23 Power & Gas sites around the world, which could include plants in the eastern German cities of Erfurt and Goerlitz.

  • Reuters6 hours ago

    Siemens may cut jobs in power turbine business overhaul- source

    Siemens may cut thousands of jobs as part of plans to overhaul its power turbine business, where growth in renewable energy is dampening demand for new coal and gas power stations, a person familiar with the matter said. "Various scenarios are being considered," the source said, adding that details of the changes at the Power & Gas division were still to be decided. German monthly Manager Magazin earlier cited company sources as saying that Siemens could shut or sell up to 11 of its 23 Power & Gas sites around the world, which could include plants in the eastern German cities of Erfurt and Goerlitz.

  • Siemens plans cuts at Process Industries business - Bloomberg
    Reuters9 hours ago

    Siemens plans cuts at Process Industries business - Bloomberg

    FRANKFURT (Reuters) - Siemens (SIEGn.DE) is planning restructuring at its Process Industries business as well as at Power & Gas, news agency Bloomberg reported on Thursday, citing sources. It said job ...

  • Siemens Plans Thousands of Job Cuts Over Two Divisions
    Bloomberg10 hours ago

    Siemens Plans Thousands of Job Cuts Over Two Divisions

    Siemens AG is starting what could be its largest round of job cuts in at least two years and may close several sites as part of a reorganization plan, people familiar with the matter said.

  • American City Business Journals6 days ago

    CEO of Siemens’ Dresser-Rand business takes new role, successor appointed

    Houston executive Judy Marks has stepped down as CEO of Dresser-Rand, a Siemens business, to join Connecticut-based United Technologies Corp. (UTX). While she was still at Dresser-Rand, the Houston Business Journal named Marks as a finalist for the second-annual Women Who Mean Business Awards , the winners of which will be announced later this month. Siemens AG has appointed Paulo Ruiz Sternadt as her successor.

  • The Wall Street Journal10 days ago

    [$$] United Technologies Hires Judy Marks to Lead Otis Elevator Manufacturing

    United Technologies Corp. has hired Judy Marks, chief executive of Siemens AG’s U.S. unit, to lead its Otis elevator and escalator manufacturing business.

  • Reuters10 days ago

    Putin to meet Siemens, other German executives on October 12: agencies

    Russian President Vladimir Putin will meet a representative of Siemens along with businessmen from other German firms on Thursday, Kremlin aide Yuri Ushakov said on Monday, Russian news agencies reported. Siemens said earlier this year it was reviewing aspects of its dealings with Russia after four of its power-generating turbines were delivered to Crimea, which is subject to European sanctions on technology supplies after Russia annexed the area. "This meeting is being arranged on the initiative of the Eastern Committee of the German Economy," Ushakov told a news briefing with reporters, the TASS news agency said.

  • Reuters10 days ago

    Putin to meet Siemens, other German executives on Oct. 12 - agencies

    Russian President Vladimir Putin will meet a representative of Siemens along with businessmen from other German firms on Thursday, Kremlin aide Yuri Ushakov said on Monday, Russian news agencies reported. Siemens said earlier this year it was reviewing aspects of its dealings with Russia after four of its power-generating turbines were delivered to Crimea, which is subject to European sanctions on technology supplies after Russia annexed the area. "This meeting is being arranged on the initiative of the Eastern Committee of the German Economy," Ushakov told a news briefing with reporters, the TASS news agency said.

  • Reuters15 days ago

    Germany's Siemens ends Osram chapter with $1.4 billion stake sale

    German engineering firm Siemens (SIEGn.DE) has sold its remaining 17 percent stake in Osram Licht (OSRn.DE) for 1.2 billion euros (1.06 billion pounds) to institutional investors, severing links with the lighting group. Osram, listed by Siemens in July 2013, clashed last year with its biggest shareholder and former parent company over its new strategy of expanding in the general LED lighting market. Siemens said in a statement on Wednesday that net proceeds from the sale will be used for general corporate purposes, adding it would retain a small number of Osram shares to service a Siemens bond plus warrant issue due in 2019.

  • Siemens Exits Lighting With $1.4 Billion Sale of Osram Stake
    Bloomberg15 days ago

    Siemens Exits Lighting With $1.4 Billion Sale of Osram Stake

    Siemens AG’s complete withdrawal from the lighting industry further scales back the once sprawling German conglomerate, as Chief Executive Officer Joe Kaeser offloads assets from trains to medical scanners ...

  • Reuters16 days ago

    Siemens ready to help modernise Russian power plants - executive

    German engineering firm Siemens is ready to participate in the modernisation of power plants in Russia, the head of its Russian branch said on Wednesday. "Around 50 percent of stations require modernisation and Siemens is ready (to consider) offers," Dietrich Moeller, the head of Siemens Russia, said at an energy conference in Moscow. Siemens said earlier this year it was reviewing aspects of its dealings with Russia after four of its power-generating turbines were delivered to Crimea, which is subject to European sanctions on technology supplies after Russia annexed the area.

  • Bombardier, Siemens rail merger de-railed by control issues: sources
    Reuters21 days ago

    Bombardier, Siemens rail merger de-railed by control issues: sources

    FRANKFURT/MONTREAL (Reuters) - Canada's Bombardier Inc (BBDb.TO) missed out on a merger of its rail unit with Germany's Siemens (SIEGn.DE) because of a reluctance by Siemens to cede control of its business, allowing France's Alstom (ALSO.PA) to clinch a deal with the German firm, with help from new French president Macron, three sources close to the negotiations told Reuters. Siemens and Alstom announced a merger of their train manufacturing operations on Tuesday, leaving Bombardier competing in a market dominated by China's state-owned CRRC Corp , the world's largest train maker. The combined Siemens and Alstom group will become the second biggest.

  • Moody's21 days ago

    Alstom -- Moody's Affirms Alstom's Baa2/P-2 ratings; stable outlook

    Rating Action: Moody's Affirms Alstom's Baa2/P-2 ratings; stable outlook. Global Credit Research- 28 Sep 2017. Frankfurt am Main, September 28, 2017-- Moody's Investors Service today affirmed Alstom's ...

  • Reuters21 days ago

    France to hold Siemens to account on Alstom job pledges

    France will make sure Siemens sticks to its commitment to preserve jobs following its rail business merger with Alstom, the French finance minister said as the government seeks to reassure worried workers. The French finance ministry said it had secured a commitment from Siemens to safeguard Alstom's French manufacturing plants and jobs for a four-year period after the deal struck this week by the two companies closes.

  • The Wall Street Journal22 days ago

    [$$] Italy's Fincantieri to Take Control of STX France Shipyards

    Italian shipbuilder Fincantieri SpA has reached a deal with the French government to take effective control of STX France shipyards under unusual conditions that highlight the political hurdles to cross-border ...

  • MarketWatch22 days ago

    European stocks jump to 10-week high as banks rally

    European stocks advance for a fifth straight session on Wednesday, with banks rising on expectations of higher U.S. interest rates and Alstom shares rallying after its rail merger with Siemens.

  • Reuters22 days ago

    Factbox: How Siemens and Alstom rail stack up against the competition

    Siemens and Alstom have agreed to merge their rail businesses, creating a bigger second player to China's CRRC , with sales of 15.3 billion euros . The move is the latest in a wave of rail industry consolidation ...

  • European rail deal fulfils Macron vision, French fear for jobs
    Reuters22 days ago

    European rail deal fulfils Macron vision, French fear for jobs

    PARIS/FRANKFURT (Reuters) - Investors welcomed a merger of the rail businesses of Germany's Siemens (SIEGn.DE) and France's Alstom (ALSO.PA), billed as creating a European champion, but French unions and politicians said France was giving Germany control and risking jobs. French and German leaders have for years called for the creation of "European champions" such as Airbus (AIR.PA) to capitalize on the strengths of Europe's single market and create the scale needed to compete with U.S. and Asian rivals. In another sign of France's willingness to make concessions on the ownership of strategic interests, an Italian government source said shipbuilder Fincantieri (FCT.MI) was poised to take effective control of shipyard group STX France, ending a lengthy dispute.

  • Morningstar22 days ago

    Siemens Has Upper Hand in Alstom Deal

    The two companies are merging rail activities to cope with strong competition from Asia.

  • Reuters22 days ago

    CANADA STOCKS-TSX rises with banks; Bombardier falls after tariff hit

    Canada's main stock index rose on Wednesday despite a sharp drop in Bombardier Inc after the plane and train maker was hit by a steep U.S. tariff, as heavyweight financial stocks moved higher. Bombardier was last down 11 percent at C$2.02 after opening at its lowest point since December 2016 following the U.S. Commerce Department's decision to slap preliminary anti-subsidy duties on its CSeries jets. The company also lost out as Siemens AG and Alstom SA agreed to merge their rail operations.

  • Reuters22 days ago

    Quebec calls Bombardier tariff 'attack' on Canada, shares fall

    The 220 percent tariff imposed by the United States on Bombardier Inc's CSeries jet is an "attack" on Quebec and Canada, the province's premier said on Wednesday, as the company's shares and bond prices fell. The Canadian plane and train maker was hit with the duties on Tuesday, the same day it lost a critical rail deal with Siemens AG after the German company decided to combine its rail division with France's Alstom SA instead of Bombardier. "Quebec has been attacked.

  • France Leaves Door Open for Bombardier to Join Siemens Alstom
    Bloomberg22 days ago

    France Leaves Door Open for Bombardier to Join Siemens Alstom

    France is open to the possibility of expanding the rail combination between Siemens AG and Alstom SA to include Bombardier Inc., the Canadian trainmaker left on the sidelines of talks to create an industry ...

  • Why Siemens AG CEO Runs The 170 Year Old Company Like A Startup
    Fortune Videos15 days ago

    Why Siemens AG CEO Runs The 170 Year Old Company Like A Startup

    CEO Joe Kaeser discusses how the entrepreneurial mindset can benefit everyone in the company.