SIE.DE - Siemens Aktiengesellschaft
| Previous Close | 97.90 |
| Open | 98.04 |
| Bid | 0.00 x 44200 |
| Ask | 0.00 x 100000 |
| Day's Range | 98.04 - 99.86 |
| 52 Week Range | 96.51 - 125.70 |
| Volume | 2,656,842 |
| Avg. Volume | 2,440,287 |
| Market Cap | 80.616B |
| Beta (3Y Monthly) | 1.05 |
| PE Ratio (TTM) | 14.20 |
| EPS (TTM) | 7.01 |
| Earnings Date | Jan 30, 2019 |
| Forward Dividend & Yield | 3.80 (3.89%) |
| Ex-Dividend Date | 2019-01-31 |
| 1y Target Est | N/A |
- Bloomberg•11 hours ago
Bombardier’s NJ Transit Win Softens ‘Astonishing’ Blow in Canada
The Montreal-based manufacturer won a $669.1 million deal Wednesday to supply rail cars for New Jersey Transit, a project with the potential to balloon to $3.6 billion based on options for additional equipment. Bombardier is trying to overcome recent stumbles on high-profile rail projects as Chief Executive Officer Alain Bellemare bets the company’s future on train equipment and private jets, while stepping back from commercial aircraft. Siemens climbed 1.6 percent to 99.51 euros at the close in Frankfurt.
- Reuters•11 hours ago
Canada's Via Rail picks Siemens for new contract, Bombardier loses out
Siemens Canada will replace Via Rail's current fleet operating in the Quebec City-Windsor Corridor with more fuel-efficient trains for a contract worth C$989 million ($741.49 million). In February, Bombardier lost a C$1 billion contract to France's Alstom SA (ALSO.PA) to provide rail cars for one of the world's biggest light rail systems in Montreal, a project led and financed by its biggest shareholder.
- Reuters•11 hours ago
Bombardier loses out to Siemens for Canada's Via Rail contract
Bombardier Inc said on Wednesday it would "evaluate" its options, after losing a C$989 million ($741 million) rail order in Canada when state-owned Via Rail picked Germany's Siemens AG to supply new locomotives. This is the second deal the Canadian plane-and-train maker has lost out on its home turf, after France's Alstom SA won a contract to supply rail cars to one of the world's biggest light rail systems in Montreal. Bombardier was in the race for the NJ Transit order worth $669 million to make 113 cars.
- Moody's•11 hours ago
JSC Development Finance Institution Altum -- Moody's takes rating actions on seven EMEA finance companies upon application of new Finance Companies rating methodology
Moody's Investors Service has today taken rating actions on seven finance companies within the EMEA region. - Upgrade of the Corporate Family Rating (CFR) of Ireland-based Abbey International Finance Limited (Abbey International) to Ba3 from B1 and affirmation of its local and foreign currency B1 issuer ratings.
- Reuters•14 hours ago
Brazilian regulators recommend convictions in alleged train cartel case
Brazil's antitrust authority Cade has recommended that a court convict 16 companies and 52 individuals over allegations they were involved in forming a cartel to fix bids for public train contracts across the central and southern parts of the country. Cade said in a statement on Wednesday the companies, which include units of Mitsui & Co Ltd, Bombardier Inc , and Alstom SA, could pay up to 20 percent of their annual gross revenue if convicted, while individuals could pay fines of 50,000 to 2 billion reais ($13,000 to $514 million). The antitrust authority said the scheme included bids for metro and commuter trains in the cities of Sao Paulo, Brasilia, Porto Alegre and Belo Horizonte.
- Reuters•18 hours ago
Brazil antitrust body recommends convictions over alleged train tender cartel
Brazil's antitrust authority Cade has recommended that a court convict 16 companies and 52 individuals over allegations that they were involved in forming a cartel to fix bids for public train contracts across central and southern Brazil. Cade said in a statement on Wednesday that the companies, which include units of Mitsui & Co Ltd, Bombardier Inc , and Alstom SA, could pay up to 20 percent of gross revenue if convicted, while individuals could pay fines of 50,000 to 2 billion reais ($13,000 to $514 million).
- Reuters•21 hours ago
Alstom, Siemens submit measures to EC to get their merger deal passed
PARIS/FRANKFURT (Reuters) - Alstom (ALSO.PA) and Siemens (SIEGn.DE) have agreed to submit measures to the European Commission that would reduce their combined sales by more than half a billion euros in a bid to get their planned rail merger approved, showing they will budge, but not at any expense. Germany's Siemens and France's Alstom agreed last year to merge their rail operations, creating a company with 15 billion euros (13.6 billion pounds) in revenue and a workforce of 62,000, but regulators raised concerns over the deal. "The proposed remedies include mainly signalling activities as well as rolling stock products and represent around four percent of the sales of the combined entity," Siemens and Alstom said in a brief joint statement on Wednesday.
- Reuters•21 hours ago
Alstom, Siemens submit measures to EC to get their merger deal passed
PARIS/FRANKFURT, Dec 12 (Reuters) - Alstom and Siemens have agreed to submit measures to the European Commission that would reduce their combined sales by more than half a billion euros in a bid to get their planned rail merger approved, showing they will budge, but not at any expense. Germany's Siemens and France's Alstom agreed last year to merge their rail operations, creating a company with 15 billion euros ($17 billion) in revenue and a workforce of 62,000, but regulators raised concerns over the deal. "The proposed remedies include mainly signalling activities as well as rolling stock products and represent around four percent of the sales of the combined entity," Siemens and Alstom said in a brief joint statement on Wednesday.
- Financial Times•21 hours ago
[$$] Siemens and Alstom submit EU concessions proposal to secure deal
have sent proposed concessions to European authorities after the EU said the companies would have to give up prized assets in order to get their massive rail merger over the line. The remedies might involve assets sales or the granting of licenses to competitors in the relevant areas.
- The Wall Street Journal•23 hours ago
[$$] Siemens, Alstom Outline Divestments
SA (ALO.FR) on Wednesday said that they submitted proposals for divestments to the European Commission in an effort to assuage regulator concerns over the planned merger of their rail businesses. The proposed divestments include some signaling activities and rolling-stock products and would represent around 4% of the sales of the combined entity, the companies said in a joint statement. Siemens and Alstom said they consider the measures to be appropriate and adequate but there was no certainty they would be sufficient to alleviate the commission’s concerns.
Reuters•yesterdaySiemens to shut Texas turbines service facility, dismiss workers
German engineering firm Siemens plans to dismiss about 200 workers at a gas turbines parts and components service center in Houston, Texas, next year due to weaker global demand, a company spokesman said ...
- Reuters•yesterday
Siemens to shut Texas turbines service facility, dismiss workers
By Liz Hampton HOUSTON (Reuters) - German engineering firm Siemens (SIEGn.DE) plans to dismiss about 200 workers at a gas turbines parts and components service centre in Houston, Texas, next year due to ...
- Financial Times•2 days ago
[$$] Canada focus: how Uber v Quebec tax tussle was resolved
When tax investigators raided the Montreal offices of Uber in 2015, it marked a flashpoint after years of tension between the ride-sharing service and authorities in Quebec. Eventually, the Canadian province’s government issued an ultimatum: Uber and its drivers must become fully tax compliant or be barred from operating in the jurisdiction. At that point, Uber approached Nicolas Cloutier, a taxation expert at the law firm McCarthy Tétrault in Montreal.
- Simply Wall St.•3 days ago
Siemens Aktiengesellschaft (FRA:SIE): Cash Is King
If you are currently a shareholder in Siemens Aktiengesellschaft (FRA:SIE), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested. Read More...
- Reuters•9 days ago
Siemens looks for faster growth in 'smart' buildings, eyes acquisitions
Siemens (SIEGn.DE) wants to grow its building technologies business faster than the overall construction market next year, possibly with help from acquisitions, the business' chief executive Matthias Rebellius said on Tuesday. The business, which has its head office in Zug, Switzerland, makes devices and software to control the heating, lighting, energy use and security in so-called smart buildings. Rebellius said he expected the overall construction market to grow by around 3 percent next year, with Siemens taking market share from rivals that include Johnson Controls (JCI.N) and Honeywell (HON.N).
Reuters•9 days agoSiemens looks for faster growth in 'smart' buildings, eyes acquisitions
Siemens (SIEGn.DE) wants to grow its building technologies business faster than the overall construction market next year, possibly with help from acquisitions, the business' chief executive Matthias Rebellius said on Tuesday. The business, which has its head office in Zug, Switzerland, makes devices and software to control the heating, lighting, energy use and security in so-called smart buildings. Rebellius said he expected the overall construction market to grow by around 3 percent next year, with Siemens taking market share from rivals that include Johnson Controls (JCI.N) and Honeywell (HON.N).
- Reuters•12 days ago
Siemens workers warn of drastic EU requirements for Alstom deal - Spiegel
Siemens workers could oppose what they see as overly drastic EU requirements to approve a planned rail merger with France's Alstom, Der Spiegel reported, citing a statement by one of its labour representatives. Germany's Siemens and France's Alstom agreed last year to merge their rail operations, creating a company with 15 billion euros ($17 billion) in revenue and a workforce of 62,000. The European Union's antitrust regulator has sent a series of objections to the groups that will force them to come up with specific concessions, which may include asset sales, to address the problems singled out by the European Commission.
- Reuters•14 days ago
Three Siemens employees investigated over turbines in Crimea
MUNICH/MOSCOW (Reuters) - Prosecutors are investigating three German Siemens employees based in St. Petersburg over allegations they violated EU embargo rules, the Hamburg public prosecutor's office said. Siemens sold seven gas turbines to Russia in 2015 and 2016, but four of them were later installed in Russia-annexed Crimea, which is subject to sanctions from the European Union. The bloc imposed sanctions after Russia annexed the Black Sea peninsula from Kiev in March, 2014, and ratcheted them up as Moscow went on to back rebels fighting against government troops in east Ukraine.
- Reuters•14 days ago
Iraq's Basra Gas Co output to increase 17 pct by end-2018 - ministry
Output from Iraq's Basra Gas Company (BGC) is expected to reach 1,050 million standard cubic feet per day (mcf/d) by the end of 2018, an increase of 150 million mcf/d from current levels, the oil ministry said in a statement on Thursday. Iraq's gas development plans have long focused on BGC, a $17 billion joint venture between Royal Dutch Shell, state-run South Gas Company and Mitsubishi. The project was designed to aggregate gas from fields in the south including West Qurna 1, operated by Exxon Mobil Corp , Zubair, operated by Italy's Eni, and Rumaila, developed by BP.
GuruFocus.com•14 days agoCharles de Vaulx's IVA Worldwide Fund Takes Stake in Arcos Dorados in 1st Quarter
Guru investor Charles de Vaulx (Trades, Portfolio), who manages the IVA Worldwide Fund and IVA International Fund (Trades, Portfolio) alongside Charles de Lardemelle, disclosed in his third-quarter portfolio that he established one new position and exited four others. Warning! GuruFocus has detected 3 Warning Signs with ARCO.
Reuters•15 days agoSiemens CEO received pay rise in 2018: annual report
Siemens paid its chief executive Joe Kaeser a total of 7.82 million euros ($8.82 million) during its 2018 financial year, the German engineering company said in its annual report on Wednesday, up from 7.65 million euros a year earlier. The salary increase of roughly 160,000 euros comes as Siemens reported a decrease in net profit to 5.81 billion euros during 2018, a year in which Kaeser unveiled a new strategy to make the trains-to-turbines maker more nimble and profitable. Kaeser, who has led Siemens since 2013, unveiled a new plan which will trim the number of Siemens' industrial businesses to three from five and give them more autonomy.
- Reuters•15 days ago
Siemens CEO received pay rise in 2018 - annual report
Siemens paid its chief executive Joe Kaeser a total of 7.82 million euros (6.91 million pounds) during its 2018 financial year, the German engineering company said in its annual report on Wednesday, up from 7.65 million euros a year earlier. The salary increase of roughly 160,000 euros comes as Siemens reported a decrease in net profit to 5.81 billion euros during 2018, a year in which Kaeser unveiled a new strategy to make the trains-to-turbines maker more nimble and profitable. Kaeser, who has led Siemens since 2013, unveiled a new plan which will trim the number of Siemens' industrial businesses to three from five and give them more autonomy.
- Bloomberg•16 days ago
Bain Said to Explore Takeover Bid for Germany's Osram Licht
The private equity firm is working with financial advisers to assess the business, the people said, asking not to be identified because the deliberations are private. Other potential suitors including rival buyout firms are also eyeing the former Siemens AG unit, though the interest may not ultimately result in a deal, they said. Osram shares soared the most in more than five years.
- Simply Wall St.•17 days ago
What Should Investors Know About Siemens Aktiengesellschaft’s (FRA:SIE) Future?
On 30 September 2018, Siemens Aktiengesellschaft (FRA:SIE) released its most recent earnings update. Generally, analyst forecasts appear to be bearish, with profits predicted to drop by -3.6% next year compared Read More...
