|Bid||106.38 x 44200|
|Ask||106.42 x 100000|
|Day's Range||105.56 - 107.04|
|52 Week Range||90.85 - 121.70|
|Beta (3Y Monthly)||0.93|
|PE Ratio (TTM)||18.95|
|Earnings Date||May 8, 2019|
|Forward Dividend & Yield||3.80 (3.96%)|
|1y Target Est||N/A|
Joe Kaeser, Siemens AG president and CEO, stops by "Squawk Box" to discuss his business as well as whether he expects a European slowdown.
Siemens USA CEO Barbara Humpton joins "Squawk Alley" to discuss her part in the White House-CEO meeting as part of the American Workforce Board.
German railway operator Deutsche Bahn has asked Siemens and Bombardier to fix quality issues with its newest ICE 4 high-speed trains, the state-owned company said on Thursday. Some of carriage frames do not meet the agreed quality requirements, Deutsche Bahn said. A joint statement from German group Siemens and Canada's Bombardier said that Bombardier, a subcontractor on the ICE-4 project, had identified quality issues with the welds on the carriage bodies.
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Britain is wrecking its reputation for business stability with political divisions over Brexit and risks leaving the trading bloc with a hugely damaging "no-deal", the UK head of German industrial giant Siemens has said. After Prime Minister Theresa May's Brexit deal was rejected by parliament for a third time last week there is pressure from rival factions for a no-deal exit, a much softer divorce or an election. "Where the UK used to be beacon for stability, we are now becoming a laughing stock," Juergen Maier said in open letter to lawmakers published by website Politico.
The developer of the Yamal LNG plant in Siberia is seeking to be on a par with global majors Royal Dutch Shell Plc and Total SA in a global push to expand into electricity. Novatek will in the long run consider joint ventures to take the next step from gas to power and help nations such as India clean their air, according to Chief Financial Officer Mark Gyetvay.
Volkswagen has selected Siemens as its integration partner to help connect its 122 plants to Amazon's cloud in an effort to raise efficiency in production, the two German companies announced on Friday. "Siemens will play a key role in ensuring that machinery and equipment of different manufacturers at the 122 Volkswagen plants are networked efficiently in the cloud," they said in a joint statement, without giving financial terms. Volkswagen on Wednesday said it has teamed up with Amazon Web Services to link up and integrate data from plants, machines and systems, as a way to improve and standardise its production systems and processes.
Investors looking for high-quality dividend stocks to buy should take a closer look at industrial giant Siemens AG (SIEGY). Not only is Siemens a leading brand across multiple industrial markets, but its robust order backlog means it has long-term growth potential in the years ahead. Warning! GuruFocus has detected 3 Warning Sign with SIEGY.
After confirming talks last month with private equity investors for a possible takeover, the former Siemens AG division issued a sixth profit warning in a little more than a year on Thursday, sending the company’s shares plunging. Osram said annual sales, profit margin and cash flow would be lower than expected, and offered no fresh updates on discussions with Bain Capital and Carlyle Group LP. Osram makes headlamps for cars, and lasers for smartphones and smartwatches, and has struggled with slowdowns in both industries, leading to a serial lowering of forecasts by Chief Executive Officer Olaf Berlien and criticism from shareholders of his performance.
Siemens and China's State Power Investment Corp (SPIC) plan to co-operate on energy plants in the latest move by the German engineering company to revive its ailing gas turbines business. The strategic partnership follows speculation that Siemens is looking to find a joint venture partner for the business, where sales and profit have collapsed amid falling demand and cut-throat price competition. China is one of the few remaining markets for gas turbines, which have lost ground elsewhere due to the increasing popularity and cheapness of renewable power generation.
Both deals were the companies’ largest.First, Bayer. A second U.S. jury this week linked Monsanto’s Roundup weed killer to cancer, crystallizing the likelihood that Bayer will face substantial legal liabilities as it battles some 11,200 outstanding lawsuits.
Siemens has held talks with several firms including Mitsubishi, said the people, who asked not to be identified because the discussions are private. No final decisions have been made and Siemens may still decide to keep the unit, they said. Siemens has been considering options for the large gas turbine business, which forms the biggest part of its power-and-gas division, since at least last June, when people familiar with the matter said the German engineering company was considering a potential sale.
ZURICH/MUNICH (Reuters) - Siemens wants to present a solution for its struggling turbine business by the time the company holds a capital markets day for investors on May 8, two sources told Reuters on Thursday. The sources said discussions between Siemens and possible joint venture partner Mitsubishi Heavy Industries had intensified recently but they said Siemens was also looking at other options for the business where sales and profit have collapsed. Germany's Manager Magazine has reported that Siemens could enter a joint venture with the Japanese company for building large gas and steam generators while keeping the profitable service business.
MUNICH (Reuters) - Siemens wants to present a solution for its turbine unit by the time of its capital markets day on May 8, two sources said on Thursday after a report said the industrial group was exploring ...
The big shareholder groups in Siemens Aktiengesellschaft (FRA:SIE) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeableRead More...
Russia plans to start operating two new power stations in Crimea at full capacity on March 18, five sources familiar with the plans told Reuters on Wednesday. The power stations were at the centre of an ...
MUNICH (Reuters) - German industrial group Siemens filed the most patent applications in Europe last year, pushing China's Huawei into second place, the European Patent Office said on Tuesday. Siemens ...
Two European firms are backing an ambitious $2.5 billion project to carry renewable electricity underground through the American heartland. Siemens AG is joining with a Danish investment fund to build and operate a 349-mile-long, electrical-transmission line that would carry wind and solar energy from Iowa into the Chicago area, according to the project’s developer. The link would allow renewable energy from the Upper Midwest to travel all the way into the eastern U.S. by hooking up to the PJM Interconnection, the power grid that serves all or part of 13 states, including Illinois, Ohio and Pennsylvania.