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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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January 28, 2015
09:59 EDTSIEGYOn The Fly: Analyst Downgrade Summary
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05:24 EDTSIEGYSiemens downgraded to Underweight from Equal Weight at Barclays
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January 27, 2015
09:11 EDTSIEGYSiemens backs view for basic EPS to grow at least 15% in FY15
Siemens said: "We confirm our outlook. We believe that our business environment will be complex in fiscal 2015, among other things due to geopolitical tensions. We expect revenue on an organic basis to remain flat year-over-year, and orders to exceed revenue for a book-to-bill ratio above 1. Furthermore, we expect that gains from divestments will enable us to increase basic EPS from net income by at least 15% from EUR 6.37 in fiscal 2014. For our Industrial Business, we expect a profit margin of 10% to 11%. This outlook excludes impacts from legal and regulatory matters."
09:10 EDTSIEGYSiemens reports Q1 basic EPS EUR 1.30 vs. EUR 1.55 last year
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06:03 EDTSIEGYSiemens CEO says Dresser-Rand takeover 'makes sense,' Reuters reports
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January 26, 2015
07:56 EDTSIEGYSiemens to face shareholder pushback over oil equipment acquisition, WSJ says
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January 22, 2015
08:56 EDTSIEGYSiemens receives order for 48-MW Alexander wind project in Kansas
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