Siemens Aktiengesellschaft Sponsored ADR (SIEGY)
Siemens CEO Barbara Humpton sits down with Jim Cramer at the Dreamforce Conference
Siemens President and CEO Barbara Humpton joins 'Mad Money' host Jim Cramer to talk how the company is powering data centers, its new New York plant, partnering with Salesforce and more.
Siemens to Boost Grid Modernization Portfolio With Trayer Buyout
SIEGY signs a deal to acquire the US-based distributor Trayer to expand its portfolio.
Turkish nuclear plant delayed by withheld Siemens parts, China to supply
The opening of Turkey's first nuclear plant has been delayed after Germany's Siemens Energy withheld key parts, prompting Russia's Rosatom, the builder and owner, to buy them in China, the Turkish energy minister said on Wednesday.
Siemens Says It's Building The First U.S. Bullet Train Factory
Siemens plans to add a U.S. rail manufacturing facility in central New York to make bullet trains for Brightline West's railway connecting Las Vegas to Los Angeles, calling it the country's first such factory dedicated to producing high-speed trains.
Siemens profits soar on software demand, AI 'boom'
German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids.
Siemens Aktiengesellschaft (SIEGY) Q3 2024 Earnings Call Transcript
Siemens Aktiengesellschaft (OTCPK:SIEGY) Q3 2024 Earnings Conference Call August 8, 2024 3:00 AM ET Company Participants Tobias Atzler - IR Roland Busch - CEO Ralf Thomas - CFO Conference Call Participants Andrew Wilson - JP Morgan James Moore - Redburn Atlantic Andre Kukhnin - UBS Gael de-Bray - Deutsche Bank Max Yates - Morgan Stanley Phil Buller - Berenberg Alexander Virgo - Bank of America Operator Good morning, ladies and gentlemen, and welcome to Siemens 2024 Third Quarter Conference Call. As a reminder, this call is being recorded.
Siemens earnings beat estimates on strong demand for electrification, software
German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook. Industrial profit came in at 3 billion euros ($3.3 billion) in the quarter to the end of June, 11% higher than in the same quarter a year ago.
Siemens to re-elect chairman Snabe for two years
Siemens' supervisory board head Jim Hagemann Snabe will be elected for additional two years in his role at the annual general meeting in February, the German conglomerate said in a statement on Wednesday.
Spanish government supports Siemens Gamesa $1.3 bln guarantee package
The Spanish government has moved to support Siemens Energy's wind turbine division, Siemens Gamesa, as part of a 1.2 billion euro ($1.31 billion) guarantee facility, Spanish export credit insurance agency Cesce said on Monday.
German giant Siemens to revive historic base in Berlin
German industrial giant Siemens on Tuesday launched an urban development project worth 4.5 billion euros ($4.8 billion) in the area of Berlin known as Siemensstadt, where the company enjoyed its pre-war heyday.
SIEGY vs. ASHTY: Which Stock Is the Better Value Option?
Investors interested in Industrial Services stocks are likely familiar with Siemens AG (SIEGY) and Ashtead Group PLC (ASHTY). But which of these two companies is the best option for those looking for undervalued stocks?
Siemens Gamesa to cut 4,100 jobs in overhaul, CEO says in staff letter
Siemens Energy's troubled wind division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its staff, the unit's CEO Jochen Eickholt said in an internal letter to staff seen by Reuters.
