Wednesday, April 7, 2010 as of 11:14 AM ET
Siemens AG () is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company.
Read More at Wikipedia ›Evonik Industries AG's decision to press ahead with a Frankfurt listing as Georgian Railway pulls a planned London float highlights Europe's increasingly divided equity capital markets landscape, with the relative strength of German companies and the benchmark DAX index at odds with volatility and gloom elsewhere in Europe.
Specialty chemicals maker Evonik said Friday that it would launch what could be Germany's biggest IPO since 2000, raising up to EUR4.5 billion. By contrast, Georgian Railway, the state rail monopoly for the former Soviet state, Thursday said it had postponed a London listing of global depositary receipts set to raise up to $250 million."This relates to Germany as an economy and a destination for investor sentiment," said Martin Steinbach, IPO leader at Ernst & Young for Europe, the Middle East, India and Africa. "Investors are showing their confidence in the underlying economy."The twin moves highlight that German companies preparing to list in Germany are likely to ...German railways company Deutsche Bahn AG seeks EUR45 million to EUR50 million compensation from Siemens AG (SI) for the late delivery of 16 ICE-3 trains, Bild am Son...
Siemens AG (SI) was picked by Stadtwerke Duesseldorf, a municipal utility based in the western German city of Duesseldorf, to build a gas- and steam-fired power plan...
These nine stocks fell to 52-week lows:While trading on above-average volume, Vale (NYSE:VALE) declined today, hitting and then dropping past its previous 52-week lo...
Siemens AG (SIE.XE) may distribute Osram AG stock to its own shareholders as a dividend in kind, rather than selling shares in the lighting unit in an initial public...
Henkel AG & Co. KGaA (HEN.XE), maker of laundry detergents, beauty products and consumer and industrial glues, Wednesday said it was experiencing a recovery in the U...
Nokia Siemens Network, the wireless network joint venture of Nokia Corp. (NOK) and Siemens AG (SI), Wednesday said it has entered into a reseller agreement with U.S....
Of ZAWYA DOW JONESDAMMAM, Saudi Arabia (Zawya Dow Jones)--German engineering conglomerate Siemens AG (SIE.XE) is building a 600 million Saudi riyals ($160 million) g...
German engineering conglomerate Siemens AG (SIE.XE) plans to use common platform and production strategies and the introduction of components to lower costs in the w...
International companies trading in New York closed lower Friday, in line with the broader market, following a weaker-than-expected reading on U.S. employment in Apri...
An Italian labor union leader Friday protested 580 planned layoffs by Nokia Siemens Network Italia."We will fight this every way we can," Sergio Bellavita, a senior ...
Nokia's chairman-designate Risto Siilasmaa defended its turnaround strategy on Thursday before meeting shareholders who are losing patience with the company's effort...
German Chancellor Angela Merkel will push energy companies to make more effort in the offshore wind farm sector when she discusses power generation issues with key i...
Siemens AG (SI) will slash 490 jobs at German transformer factories by the end of 2014 due to falling prices and overcapacity, Siemens energy spokesman Torsten Wolf ...
German industrial conglomerate Siemens AG (SI, SIE.XE) is interested in participating in a tender auction to build a high-speed rail link between Rio de Janeiro and ...
Recent volatility in foreign-exchange rates has generated a short-term impact on business, but will not affect the long term plans of Germany's Siemens AG (SI).Sieme...
Germany's Siemens AG (SI, SIE.XE) could increase its Brazil investments if the country moves forward with a controversial high-speed train project."We believe in hig...
Industrial conglomerate Siemens (SI) Wednesday said it plans to invest a total of up to $1 billion over the next five years to expand its business in Brazil.MAIN FAC...
German industrial conglomerate Siemens AG (SI) will invest up to $1 billion in Brazil over the next five years, the company said Wednesday.The investments through 20...
Industrial conglomerate Siemens AG (SI) said Wednesday it expects domestic sales to grow at a slower rate in the second half of its fiscal year than the first half.D...