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Stock Market & Financial Investment News

News Breaks
July 16, 2014
08:02 EDTSIEGYSiemens expands strategic partnership with Penn State
Siemens strengthened its 25-year relationship with The Pennsylvania State University by announcing a major in-kind grant of product lifecycle management software with a commercial value of $750M to enhance academic and research programs. Students at Penn State will now have access to the same Siemens PLM software used throughout the global manufacturing industry to design, develop and manufacture some of the world’s most sophisticated products in a variety of industries, including automotive, aerospace, medical devices, machinery, shipbuilding, and high-tech electronics.
News For SIEGY From The Last 14 Days
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February 9, 2016
11:05 EDTSIEGYSiemens near deal to combine wind business with Gamesa, Bloomberg reports
Siemens is close to a deal to combine its wind business with Gamesa Corporation Tecnologica, reports Bloomberg. According to people familiar with the negotiations, a deal could be announced as soon as Tuesday. The plans are not final although the negotiations are advanced. Siemens would hope a majority stake in the combined entity. Reference Link
February 7, 2016
19:30 EDTSIEGYSiemens to cut, transfer over 1,000 jobs at energy-exposed unit, Reuters says
Siemens is cutting or transferring over 1,000 jobs at its Process Industries and Drives division in Germany, with the energy-exposed unit impacted by reduced capital spending in the oil sector, reports Reuters, citing regional publication Handelsblatt. Reference Link
February 2, 2016
11:32 EDTSIEGYCalifornia ISO extends technology partnership with Siemens
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February 1, 2016
10:00 EDTSIEGYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Air Products (APD) upgraded to Buy from Neutral at UBS... American Airlines (AAL) upgraded to Outperform from Market Perform at Cowen... Axiall (AXLL) upgraded to Overweight from Neutral at JPMorgan... BASF (BASFY) upgraded to Buy from Hold at Societe Generale... CNH Industrial (CNHI) upgraded to Neutral from Underperform at BofA/Merrill... CU Bancorp (CUNB) upgraded to Outperform from Market Perform at Fig Partners... CaixaBank (CAIXY) upgraded to Hold from Sell at Societe Generale... Chipotle (CMG) upgraded to Neutral from Underperform at BofA/Merrill... Concho Resources (CXO) upgraded to Buy from Neutral at SunTrust... Continental Building (CBPX) upgraded to Buy from Hold at BB&T... Eastman Chemical (EMN) upgraded to Buy from Outperform at CLSA... Extreme Networks (EXTR) upgraded to Buy from Hold at Needham... Glacier Bancorp (GBCI) upgraded to Outperform from Market Perform at Fig Partners... IBERIABANK (IBKC) upgraded to Strong Buy from Outperform at Raymond James... Infineon (IFNNY) upgraded to Buy from Neutral at UBS... Jarden (JAH) upgraded to Outperform from Market Perform at Raymond James... Joy Global (JOY) upgraded to Overweight from Equal Weight at Barclays... KT Corporation (KT) upgraded to Overweight from Neutral at JPMorgan... Kennametal (KMT) upgraded to Neutral from Underperform at BofA/Merrill... L-3 Communications (LLL) upgraded to Buy on valuation at BofA/Merrill... Maximus (MMS) upgraded to Outperform from Market Perform at Raymond James... Micron (MU) upgraded to Neutral from Sell at Goldman... Monster Beverage (MNST) upgraded to Outperform from Market Perform at Wells Fargo... Newell Rubbermaid (NWL) upgraded to Outperform from Market Perform at Raymond James... Northrop Grumman (NOC) upgraded to Buy from Neutral at BofA/Merrill... PTC (PTC) upgraded to Buy from Neutral at Sterne Agee CRT... Peoples Bancorp (PEBO) upgraded to Outperform from Neutral at Boenning & Scattergood... Praxair (PX) upgraded to Buy from Neutral at UBS... Proofpoint (PFPT) upgraded to Outperform from In-Line at Imperial Capital... Seagate (STX) upgraded to Hold from Sell at Benchmark... Siemens (SIEGY) upgraded to Buy from Neutral at Nomura... Superior Drilling (SDPI) upgraded to Buy from Hold at Wunderlich... Vertex (VRTX) upgraded to Buy from Hold at Jefferies... Werner (WERN) upgraded to Strong Buy from Outperform at Raymond James... ZAIS Financial (ZFC) upgraded to Overweight from Equal Weight at Barclays.
05:39 EDTSIEGYSiemens upgraded to Buy from Neutral at Nomura
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