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Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:33 EDTALSMY, SIEGYMitsubishi aims for energy advancement after failed Alstom bid, Reuters says
Mitsubishi Heavy Industries CEO Shunichi Miyanaga said the company will maintain its focus of advancing its energy expansion after the equipment maker was rejected in its joint offer for Alstom's (ALSMY) power division with Siemens (SIEGY), according to Reuters, citing comments from Miyanaga. Reference Link
News For ALSMY;SIEGY From The Last 14 Days
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June 30, 2015
07:16 EDTALSMYAlstom CEO Kron ‘confident’ that EU approves GE transaction, Reuters reports
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June 29, 2015
18:04 EDTSIEGYS&P announces changes to the S&P 400, 600 indices
S&P SmallCap 600 constituent Cracker Barrel Old Country Store (CBRL) will replace Dresser-Rand Group (DRC) in the S&P MidCap 400, and Marten Transport (MRTN) will replace Cracker Barrel Old Country Store in the S&P SmallCap 600 after the close of trading on Wednesday, July 1. Siemens AG (SIEGY) is acquiring Dresser-Rand Group in a deal expected to be completed soon.
06:39 EDTSIEGYEuropean Commission approves acquisition of Dresser-Rand by Siemens
The European Commission has approved under the EU Merger Regulation the proposed acquisition of rotating equipment manufacturer Dresser-Rand (DRC) of the U.S. by Siemens (SIEGY) of Germany. The Commission had concerns that regarding ADGT drivers, turbo compressors and turbo compressor trains driven by ADGTs the transaction would reduce the number of significant suppliers from 3 to 2. The initial investigation also indicated that the parties' competitors for the supply of small steam turbines of less than 5 MW have a limited presence and do not pose a significant competitive constraint on the parties. These two concerns could lead to less product variety and ultimately higher prices.After an in-depth investigation launched in February, the Commission has concluded that the transaction would not significantly impede effective competition in the European Economic Area or any substantial part of it.
June 28, 2015
16:20 EDTALSMYGE requests July 2 hearing in EU to defend Alstom bid, Reuters says
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June 22, 2015
07:10 EDTSIEGYSiemens to hold a summit
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