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Stock Market & Financial Investment News

News Breaks
August 7, 2014
07:57 EDTSIEGY, NSRGY, TYCForeign trade group warns inversion crackdown could prompt job cuts, WSJ says
The Organization for International Investment, a trade group of U.S. subsidiaries of foreign multinationals that represents companies such as Nestle (NSRGY), Siemens (SIEGY) and Tyco International (TYC), warned that legislative efforts to limit tax inversions by U.S. companies could hit its members as well and that cuts to their U.S. employment or investment could follow, reported The Wall Street Journal. Reference Link
News For NSRGY;SIEGY;TYC From The Last 14 Days
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February 26, 2015
11:03 EDTSIEGYSamsung ranks first in 2014 EU patent applications
The European Patent Office reports that Samsung (SSNLF) was ranked first in number of European patent applications for 2014 with 2,541 applications filed. Philips (PHG) took second place with 2,317, Siemens (SIEGY) took third with 2,133, BASF (BASFY) took sixth with 1,530, Qualcomm (QCOM) took seventh with 1,459, Ericsson (ERIC) took ninth with 1,347, and Intel (INTC) took 10th with 1,054 applications filed.
February 24, 2015
09:15 EDTSIEGYSiemens to supply turbines for fuel efficient power plant in Michigan
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February 22, 2015
17:31 EDTNSRGYNestle looks to boost productivity in Switzerland, Reuters says
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February 19, 2015
05:36 EDTNSRGYNestle aims to achieve organic growth of around 5%
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05:35 EDTNSRGYNestle reports FY14 organic growth of 4.5%
Nestlé'sFY14 organic growth was 4.5%, composed of 2.3% real internal growth and 2.2% pricing. Sales were CHF 91.6B, down 0.6%, impacted by negative foreign exchange of -5.5%. Acquisitions, net of divestitures, added 0.4% to sales.
February 18, 2015
10:52 EDTTYCTyco call volume attributed to takeover speculation
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10:46 EDTTYCRumor: Tyco strength attributed to takeover speculation
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February 17, 2015
08:38 EDTSIEGYEU regulators expanding probe of Siemens, Dresser-Rand merger, Reuters says
European Commission antitrust regulators will expand their investigations into Siemens' (SIEGY) $7.6B bid for Dresser-Rand (DRC), reports Reuters, citing regulator statements. The Commission stated, "The transaction would reduce the number of competitors from three main players to two main players" in related markets. Siemens stated it still expects to close the deal in Summer 2015 or sooner. Reference Link
February 13, 2015
11:37 EDTSIEGYEC extends review of proposed merger between Dresser-Rand, Siemens
Dresser-Rand Group (DRC) has been notified that the European Commission will be initiating a Phase II review of the company's proposed merger with Siemens (SIEGY). The company still expects the transaction to close in the summer of 2015, or earlier, subject to regulatory approval in Europe and certain other jurisdictions, and the satisfaction of other customary closing conditions. The transaction has received regulatory approval in the United States, Brazil, Canada, Russia and South Korea.

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