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Siemens AG (SIEGn.DE)

SIEGn.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Siemens AG: Siemens Healthcare and Thermo Fisher announce strategic relationship in molecular testing
Thursday, 7 Apr 2016 05:00am EDT 

Siemens AG:Siemens Healthcare and Thermo Fisher announce new strategic relationship in molecular testing.Partnership includes integration of Thermo Fisher scientific's PCR system into Siemens' Versant KPCR molecular solution.  Full Article

Siemens AG, Iraq sign MoU for energy modernisation- Reuters
Thursday, 24 Mar 2016 10:43am EDT 

Siemens AG:Siemens and Iraq sign landmark energy cooperation agreement- Reuters.Says MoU with Iraq covers modernizing energy infrastructure and oil & gas sector.Says parties also intend to explore potential scope of further cooperation in power generation sector as well as in field of oil and gas.  Full Article

Siemens AG to cut oil and gas jobs amid wider hiring - Reuters News
Wednesday, 9 Mar 2016 04:17am EST 

Siemens AG:Siemens plans to cut about 2,500 jobs related to the oil and gas, metals and mining sectors - mostly in Germany - while pursuing a hiring drive to boost its digital industrial expertise, it said on Wednesday.Siemens said it would realign its two business units Large Drives and Process Solutions, affecting about 2,000 jobs in Germany, mainly in Bavaria.It added that it would keep its current sites. Worldwide, Siemens said it planned to hire at least 25,000 new employees in each of the coming years, thanks to its announced increase of more than 1 billion euros ($1.1 billion) in research and development, productivity and sales.About 3,000 of these would be in Germany, it said.  Full Article

Siemens AG signs energy deals with Iran's Mapna Group
Wednesday, 2 Mar 2016 06:48am EST 

Siemens AG:Signs wide-ranging energy agreement with Iran's Mapna.Says agreement covers F-class gas turbines, Bandar Abbas power station, development of electricity generation.  Full Article

Siemens wins Finnish order for offshore wind turbines - Reuters
Wednesday, 27 Jan 2016 03:15am EST 

Siemens AG:Says wins first commercial offshore wind contract from Finland - Reuters.Says to supply 10 wind turbines with capacity of 4 MW each to Suomen Hyötytuuli Oy for Tahkoluoto project.  Full Article

Siemens raises EPS guidance for FY 2016
Monday, 25 Jan 2016 12:23pm EST 

Siemens AG:Raises EPS guidance for FY 2016 after a strong start into the fiscal year 2016.Decided to raise previous expectation for FY 2016 basic EPS from net income in the range of 5.90 euros to 6.20 euros to range of 6.00 euros to 6.40 euros.  Full Article

Siemens to acquire simulation software supplier CD-adapco
Sunday, 24 Jan 2016 07:00pm EST 

Siemens AG:To acquire simulation software supplier CD-adapco.Purchase price of $970 million.  Full Article

Taiwan Semiconductor Manufacturing to buy machine, facility and equipment engineering from ASML Hong Kong Ltd. and SIEMENS AG
Tuesday, 1 Dec 2015 01:10am EST 

Taiwan Semiconductor Manufacturing Co Ltd:To buy a batch of machine, facility and equipment engineering at T$6,813 million in total from ASML Hong Kong Ltd. and SIEMENS AG.  Full Article

Siemens signs billion-euro energy MoU with Bolivia - Reuters
Friday, 6 Nov 2015 04:53am EST 

Siemens AG:Signs a long-term energy cooperation agreement worth over a billion euros with Bolivia - Reuters.Intends to supply gas turbine combined cycle equipment to expand three thermal power plants owned by state utility Ende Andina under the government's 2025 Patriotic Agenda.  Full Article

Siemens extends lock-up shareholder commitment to Atos until 2020
Tuesday, 3 Nov 2015 07:00pm EST 

Siemens AG:Says global IT agreement with atos expanded by 3.23 billion euros with committed minimum volumes to reach 8.73 billion euros by end 2021.Extends lock-up shareholder commitment to Atos until 2020.  Full Article

German stocks - Factors to watch on July 18

FRANKFURT, July 18 The DAX top-30 index looked set to open 0.2 percent higher on Monday, according to premarket data from brokerage Lang & Schwarz at 0612 GMT.