SIE.F - Siemens Aktiengesellschaft

Frankfurt - Frankfurt Delayed Price. Currency in EUR
114.749
-0.243 (-0.211%)
As of 5:10PM CET. Market open.
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Previous Close114.992
Open114.980
Bid114.593 x 100000
Ask114.649 x 100000
Day's Range113.749 - 115.451
52 Week Range104.300 - 133.387
Volume3,032
Avg. Volume7,093
Market Cap94.47B
Beta1.40
PE Ratio (TTM)16.00
EPS (TTM)7.173
Earnings DateN/A
Forward Dividend & Yield3.88 (2.88%)
Ex-Dividend Date2017-02-02
1y Target Est130.04
  • Siemens to cut 6,900 jobs as turbine demand tumbles
    Reuters Videos4 days ago

    Siemens to cut 6,900 jobs as turbine demand tumbles

    Siemens says it plans to cut about 6,900 jobs, or close to 2 percent of its global workforce. The hammer will fall hardest on a power and gas division hit hard by the rapid growth of renewables. David Pollard reports.

  • Siemens Plans Job Cuts in Power, Gas Division
    Bloomberg Video12 days ago

    Siemens Plans Job Cuts in Power, Gas Division

    Nov.09 -- Siemens CEO Joe Kaeser discusses the company's earnings and performance. He speaks on "Bloomberg Daybreak: Europe."

  • European Giants Are Making a Bad Month Worse for Stock Market
    Bloomberg4 hours ago

    European Giants Are Making a Bad Month Worse for Stock Market

    Blame it on the biggies.

  • Reuters4 days ago

    Nearly 2,000 Siemens employees protest against job cuts

    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.

  • Nearly 2,000 Siemens employees protest against job cuts
    Reuters4 days ago

    Nearly 2,000 Siemens employees protest against job cuts

    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.

  • Ballard Power in $9M Deal With Siemens for Fuel Cell Engine
    Zacks4 days ago

    Ballard Power in $9M Deal With Siemens for Fuel Cell Engine

    Ballard Power Systems, Inc.'s (BLDP) Development Agreement worth $9 million with Siemens AG will be utilized for powering Siemens Mireo light rail train.

  • The Wall Street Journal4 days ago

    Today's Top Supply Chain and Logistics News From WSJ

    Delivering up-to-the minute news, analysis, interviews and explanatory journalism on logistics, supply-chain management, e-commerce and more

  • The Wall Street Journal4 days ago

    [$$] Germany’s Siemens to Slash 6,900 Jobs Amid Shift to Renewable Energy

    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....

  • Rigzone.com5 days ago

    Siemens to Cut Almost 7,000 Jobs Worldwide

    Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).

  • Siemens to cut 6,900 jobs to tackle flailing turbines business
    Reuters5 days ago

    Siemens to cut 6,900 jobs to tackle flailing turbines business

    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.

  • Reuters5 days ago

    Siemens to cut 6,900 jobs to tackle flailing turbines business

    Siemens 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.

  • Financial Times5 days ago

    [$$] Siemens sheds nearly 7,000 jobs in power and gas units

    Siemens is cutting nearly 7,000 jobs across its power and gas units as the German company grapples with "unprecedented" challenges from a changing energy market. The announcement on Thursday ...

  • Associated Press5 days ago

    Germany's Siemens to cut 6,900 jobs at power, drives units

    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 to Cut About 6,900 Jobs Worldwide in Sweeping Revamp
    Bloomberg5 days ago

    Siemens to Cut About 6,900 Jobs Worldwide in Sweeping Revamp

    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 ...

  • France and Germany got their Railbus. Will the EU let them build it?
    Bloomberg7 days ago

    France and Germany got their Railbus. Will the EU let them build it?

    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 ...

  • Financial Times9 days ago

    [$$] GE and Siemens: power pioneers flying too far from the sun

    Joe Kaeser, chief executive of Siemens, had a provocative question for reporters last Thursday. Did they know how many large gas turbines were ordered in Germany in the past three years? "I'll tell ...

  • Financial Times12 days ago

    [$$] Siemens reports net income growth to ?1.29bn

    German industrial giant Siemens reported a big rise in net income on Thursday, although the results were marred by losses at the company's renewables division and a "significant decline" at the ...

  • Bloomberg12 days ago

    The Germans Tell GE Exactly Where It's Going Wrong

    Siemens and General Electric both have a conglomerate problem, but Joe Kaeser has a better plan.

  • Associated Press12 days ago

    Siemens profit grows, but its power and gas unit suffers

    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.

  • Reuters12 days ago

    Siemens industrial profit dives ahead of year of change

    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.

  • Reuters12 days ago

    Siemens industrial profit dives ahead of year of change

    German engineering company Siemens 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.

  • Reuters12 days ago

    Siemens CEO sees no future for old-style conglomerates

    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.

  • Reuters12 days ago

    Siemens swaps out Healthineers CFO in preparation for listing

    German industrial group Siemens (SIEGn.DE) plans to replace the finance chief of healthcare unit Healthineers in preparation of a public listing that is expected to value the business at around 40 billion euros (35.34 billion pounds). Jochen Schmitz, Siemens' head of accounting, reporting and controlling and a former manager at the healthcare unit, will replace Thomas Rathmann on Dec. 1, Siemens said on Thursday, adding that Rathmann was leaving by mutual agreement.

  • Siemens Warns of `Painful' Power Unit Revamp as Orders Sink
    Bloomberg12 days ago

    Siemens Warns of `Painful' Power Unit Revamp as Orders Sink

    Siemens AG Chief Executive Officer Joe Kaeser said he’s planning sweeping cuts at the German engineering company’s power-and-gas business, setting the stage for a turnaround plan aimed at tackling weak ...

  • Bloomberg12 days ago

    Siemens Says Downturn in Energy Markets Is Set to Continue

    Siemens AG signaled a slump in demand for energy-generating equipment is set to continue in the coming fiscal year after weaker orders led to a sharp drop in fourth-quarter profit at its power-and-gas ...