Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
|Bid||116.76 x 100000|
|Ask||117.10 x 100000|
|Day's Range||116.35 - 117.25|
|52 Week Range||98.00 - 133.39|
|PE Ratio (TTM)||16.31|
|Dividend & Yield||3.88 (2.88%)|
|1y Target Est||129.26|
German industrial giant Siemens and French train-maker Alstom are in talks to create a European rail transportation powerhouse to better rival strong competition from China.
PARIS/MUNICH, Sept 22 (Reuters) - French train maker Alstom and German engineering group Siemens said on Friday they were in talks about a tie-up of their rail activities as European companies struggle to cope with competition from China. A deal between Siemens and Alstom would mark the first industrial Franco-German alliance under President Emmanuel Macron as he pushes for greater European economic integration.
Alstom SA said it’s in talks with Germany’s Siemens AG about a possible combination of their rail businesses, a tie-up that would bring together two former European arch-rivals and leave Canada’s Bombardier ...