Siemens Aktiengesellschaft Sponsored ADR (SIEGY)
Siemens files lawsuit in Texas against Citgo Petroleum parent
Siemens Energy Inc has filed a lawsuit in a Texas court against Citgo Petroleum's parent, PDV Holding, seeking to recoup about $200 million from a promissory note defaulted by Venezuela, according to a court document seen on Wednesday.
Siemens Optimizes Its Portfolio With Sale of Innomotics to KPS
SIEGY completes the previously announced sale of Innomotics to KPS for $3.85 billion.
Automation is the biggest challenge for Siemens, says CFO
Siemens CFO Ralf Thomas discusses the company's growth strategy, and explains how the firm will attempt to mitigate risks caused by falling demand in China.
Suez, Siemens and Abu Dhabi National Energy Company join up in desalination initiative
French utility company Suez, German company Siemens and Abu Dhabi National Energy Company have signed a memorandum of understanding (MoU) to participate in a desalination initiative to help emerging market countries.
Siemens CEO Barbara Humpton talks how Digital Twin can help lower costs
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 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.
