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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:05 EDTSI, ALUAlcatel-Lucent in talks to sell enterprise business, Bloomberg reports
Alcatel-Lucent (ALU) is in talks to sell its enterprise business to potential buyers including Unify GmbH & Co. KG, a Gores Group LLC and Siemens AG (SI) venture, sources say, reports Bloomberg. The enterprise unit sells telecommunications equipment and services to companies and had 2012 revenue of $1B. Reference Link
News For ALU;SI From The Last 14 Days
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April 23, 2014
09:05 EDTSIFDA clears Siemens SOMATOM Force CT system
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April 22, 2014
06:24 EDTSISiemens, Beijing Automotive Industry form JV for electric cars, WSJ reports
Siemens and Beijing Automotive Industry Holding have formed a joint venture to make engines for hybrid and electric vehicles, reports the Wall Street Journal. The JV will begin small volume production of the electric drive trains this year with mass production starting in 2015 at a new facility in Beijing. Financial details of the transaction were not disclosed. Reference Link

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