Edition:
United States

Siemens AG (SIEGn.DE)

SIEGn.DE on Xetra

118.10EUR
11:35am EDT
Change (% chg)

€1.50 (+1.29%)
Prev Close
€116.60
Open
€117.10
Day's High
€120.15
Day's Low
€116.95
Volume
2,722,018
Avg. Vol
1,804,771
52-wk High
€133.50
52-wk Low
€93.60

Latest Key Developments (Source: Significant Developments)

Chelpipe signs an agreement on strategic partnership with Siemens
Monday, 10 Jul 2017 05:22am EDT 

July 10 (Reuters) - Chelpipe :SAYS SIGNED AGREEMENT ON STRATEGIC PARTNERSHIP WITH SIEMENS FOR A PERIOD OF FIVE YEARS.  Full Article

Allied Electronics says Powertech to sell Crabtree to Siemens AG
Monday, 10 Jul 2017 02:00am EDT 

July 10 (Reuters) - Allied Electronics Corporation Ltd ::Disposal By Power Technologies Proprietary Limited Of Its Crabtree Electrical Accessories Business To Siemens AG .Divestiture part of OC's business strategy to focus on it, telecommunications business and exit its manufacturing operations.  Full Article

DONG Energy and Siemens sells offshore wind turbine installer A2SEA to GeoSea
Friday, 7 Jul 2017 02:32am EDT 

July 7 (Reuters) - DONG ENERGY ::SAYS DONG ENERGY AND SIEMENS <<>> SIGNED AN AGREEMENT WITH BELGIAN GEOSEA STATING THAT GEOSEA WILL ACQUIRE FULL OWNERSHIP OF A2SEA.A2SEA WILL CONTINUE TO OPERATE OUT OF DENMARK WITH OFFSHORE WIND TURBINE SERVICE AND INSTALLATION."OWNING AN OFFSHORE WIND TURBINE INSTALLATION COMPANY, HOWEVER, ISN'T WITHIN THE SCOPE OF OUR CORE BUSINESS, AND WE'VE THEREFORE BEEN LOOKING FOR A NEW OWNER," SAYS THOMAS DALSGAARD, EXECUTIVE VICE PRESIDENT IN DONG ENERGY AND CHAIRMAN OF A2SEA.THE TRANSACTION, WHICH IS CONDITIONAL UPON AUTHORITY APPROVAL, IS EXPECTED TO BE COMPLETED IN THE THIRD QUARTER OF 2017.  Full Article

Siemens Gamesa to supply 752 MW to Dong in the Netherlands
Thursday, 6 Jul 2017 01:39am EDT 

July 6 (Reuters) - Siemens Gamesa Renewable Energy:Says to supply 752 MW to Dong Energy in the Netherlands.Says will install 94 wind turbines at the Borssele 1 and 2 offshore wind power plant, which are scheduled for commissioning in 2020.  Full Article

Siemens partners with China on digitalization
Wednesday, 5 Jul 2017 06:06am EDT 

July 5 (Reuters) - SIEMENS AG ::PARTNERS WITH CHINA ON DIGITALIZATION.MEMORANDUM OF UNDERSTANDING SIGNED IN PRESENCE OF GERMAN CHANCELLOR ANGELA MERKEL AND CHINESE PRESIDENT XI JINPING.ALSO SIGNED A MOU THAT SPECIFIES COOPERATIVE ACTIVITIES IN AREAS OF INNOVATION AND IN THE APPLICATION OF DIGITAL TECHNOLOGIES.  Full Article

Siemens and FC Bayern Munich forge global partnership
Monday, 3 Jul 2017 08:44am EDT 

July 3 (Reuters) - SIEMENS AG :SIEMENS AND FC BAYERN MUNICH FORGE GLOBAL PARTNERSHIP.THREE-YEAR PARTNERSHIP TO BEGIN AT START OF 2017/2018 SEASON.  Full Article

Siemens provides University of South Carolina with technology grant valued at $628 mln
Thursday, 22 Jun 2017 10:00am EDT 

June 22 (Reuters) - Siemens Ag :Siemens ag - siemens provides University of South Carolina with technology grant valued at $628 million.  Full Article

Enel Russia may pay special dividends following sale of Reftinskaya GRES
Thursday, 15 Jun 2017 07:42am EDT 

June 15 (Reuters) - :ENEL RUSSIA <<>> CAN DIRECT SOME FUNDS FROM POSSIBLE SALE OF REFTINSKAYA GRES TO SPECIAL DIVIDENDS, ITS GENERAL DIRECTOR CARLO PALASCIANO VILLAMAGNA SAID‍​.PALASCIANO SAID ALSO THAT IF THE DEAL GOES THROUGH, PART OF THE PROCEEDS, IN ADDITION TO DIVIDENDS, CAN BE DIRECTED TO INVESTMENTS, ADDING THAT THE POWER PLANT NEEDS TO BE SOLD FIRST.THE COMPANY'S MANAGEMENT DISCUSSED POSSIBILITY OF MOVING TO PAYING DIVIDEND TWICE A YEAR, BUT DOUBTS IF SUCH A MOVE WOULD BE FEASIBLE, PALASCIANO SAID.ENEL RUSSIA HAS AGREED ON PARTNERSHIP WITH SIEMENS <<>>, WHICH WILL SUPPORT NECESSARY LOCALIZATION OF PRODUCTION OF EQUIPMENT FOR WIND FARMS, PALASCIANO SAID.  Full Article

Duke Energy, Siemens enter innovative agreement for advanced gas turbine technologies
Monday, 12 Jun 2017 04:06pm EDT 

June 12 (Reuters) - Duke Energy Corp :Duke energy and siemens enter innovative agreement for advanced gas turbine technologies.Duke energy - submitted plans to north carolina utilities commission (ncuc) for expansion of its lincoln county combustion turbine (lcct) generation site.Duke energy corp - proposal includes siemens as engineering, procurement and construction (epc) contractor for project.  Full Article

Gamesa Q1 net profit at 100 million euros, up 39.4 percent yoy
Wednesday, 10 May 2017 11:39am EDT 

May 10 (Reuters) - GAMESA CORPORACION TECNOLOGICA SA ::Q1 EBIT, INCLUDING EXPENSES OF INTEGRATION WITH SIEMENS WIND, AT 173 MILLION EUROS, UP 46 PERCENT YOY.Q1 NET PROFIT 100 MILLION EUROS, UP 39.4 PERCENT YOY.Q1 EBIT MARGIN 11.2 PERCENT, Q1 RECURRING EBIT MARGIN 11.7 PERCENT.Q1 REVENUE 1.55 BILLION EUROS VERSUS 1.06 BILLION EUROS YEAR AGO.CASH POSITION 257 MILLION EUROS AT END-MARCH.Q1 ORDER INTAKE 827 MW, DOWN 20 PERCENT VERSUS Q1 2016.SEES PERFORMANCE PRE-MERGER IN LINE WITH 2017 GUIDANCE.  Full Article

RPT-Russia will struggle to turn on Siemens turbines in sanctions-bound Crimea

MOSCOW, July 19 Russia outfoxed European Union sanctions by delivering gas turbines made by Germany's Siemens to the annexed Ukrainian region of Crimea. Now for the hard part, switching them on.