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Stock Market & Financial Investment News

News Breaks
January 28, 2014
08:10 EDTSI, PHGSiemens, Philips caution on business conditions, WSJ reports
As Royal Philips (PHG) and Siemens (SI) reported strong results today for the three months ending in December, they warned that business conditions continue to be challenging, in part because of the euro's strength against major currencies, reports the Wall Street Journal. Reference Link
News For SI;PHG From The Last 14 Days
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April 23, 2014
10:01 EDTPHGOn The Fly: Analyst Downgrade Summary
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09:05 EDTSIFDA clears Siemens SOMATOM Force CT system
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06:30 EDTPHGPhilips downgraded to Sector Perform from Outperform at RBC Capital
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April 22, 2014
09:00 EDTPHGPhilips falls 6.8%
Philips is down 6.8%, or $2.34, to $32.25
07:13 EDTPHGPhilips management to meet with JPMorgan
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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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