Siemens Aktiengesellschaft Sponsored ADR (SIEGY)
Siemens to Cut More Than 6,000 Jobs in Automation, EV Charging Businesses
The German industrial conglomerate said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in the electric-vehicle charging business.
Siemens to cut 5,600 jobs in automation business
Siemens will cut 5,600 jobs from its flagship digital industries business, the German engineering company said on Tuesday, saying it was adjusting its production capacity in line with lower demand.
Siemens AG CEO: We speak the language of our customers
Siemens AG CEO Roland Busch discusses investing in the United States on 'The Claman Countdown.'
Siemens announces $285 million investment in US manufacturing
Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas.
Why Siemens Stock Crushed It on Wednesday
One of the more impressive stock price pops on Wednesday belonged to a somewhat under-the-radar company for American investors, Siemens (SIEGY 8.44%). The European industrial conglomerate's shares closed the day more than 8% higher on news of a potentially significant new infrastructure program in Germany.
Fast Money: SIEGY, GOOGL, MCHI, CI
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Why Siemens Stock Crept Higher on Friday
German industrial conglomerate Siemens (SIEGY 1.41%) was a somewhat under-the-radar winner on the stock exchange on Friday. The company's shares enjoyed a more than 1% bump in price, as investors continued to disseminate the latest earnings release and two analysts raised their price targets.
Siemens shareholders reject proposal to allow virtual AGMs
Siemens' board lost its attempt on Thursday to allow the company to continue to hold virtual AGMs in future without the physical presence of investors.
In Europe, we should first innovate then regulate, says Siemens CEO
Roland Busch, CEO of Siemens, discusses the German firm's first-quarter earnings, innovation in Europe, the German economy, and the impact of potential tariffs on Siemens.
Siemens Aktiengesellschaft (SIEGY) Q1 2025 Earnings Call Transcript
Siemens Aktiengesellschaft (OTCPK:SIEGY) Q1 2025 Earnings Conference Call February 13, 2025 2:30 AM ET Company Participants Tobias Atzler - Head of Investor Relations Roland Busch - President and Chief Executive Officer Ralf Thomas - Chief Financial Officer Conference Call Participants Max Yates - Morgan Stanley Ben Uglow - OxCap Analytics James Moore - Redburn Atlantic Gael de-Bray - Deutsche Bank Simon Toennessen - Jefferies Alexander Virgo - Bank of America Operator Good morning, ladies and gentlemen, and welcome to the Siemens 2025 First Quarter Conference Call. As a reminder, this call is being recorded.
Siemens posts better than expected profit despite weakness at factory automation
Siemens reported better than expected profit for its latest quarter on Thursday, despite continued struggles at its factory automation business.
Siemens investor Deka to vote against Jim Hagemann Snabe as chairman
Siemens shareholder Deka Investment will vote against the reelection of Jim Hagemann Snabe as chairman at the German engineering group, it said on Monday.
