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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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December 9, 2014
06:52 EDTSIEGYSiemens CEO says won't spend aggressively on M&A, Reuters reports
Siemens CEO Joe Kaeser stated that the company will not spend its money too aggressively in M&A and instead focus on organic growth, fix underperforming units, and looks to increase R&D spending, reports Reuters, citing Kaeser. Reference Link

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