News: Siemens AG (SIEGn.DE)

SIEGn.DE on Xetra

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€1.06 (+1.30%)
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Mon, May 20 2013

German stocks - Factors to watch on May 20

FRANKFURT, May 20 - The DAX top-30 index looked set to open 0.6 percent higher on Monday, which is a public holiday in Germany, though the Frankfurt stock exchange is open for trading.

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UPDATE 1-Osram sees restructuring weighing on 2013 profit

* Restructuring costs so far total 325 mln euros (Adds details on restructuring costs, Q2 results)

Siemens' Osram expects to approach break-even in 2013

FRANKFURT, May 17 - Osram, the lighting business to be spun off by Siemens, expects to approach break-even in its current financial year as it revamps its business.

German stocks - Factors to watch on May 17

FRANKFURT, May 17 - The DAX top-30 index looked set to open 0.2 percent lower on Friday, according to premarket data from brokerage Lang & Schwarz at 0618 GMT.

UPDATE 1-Siemens sees Osram IPO in early July

* Osram Q2 EBITA margin 7 pct, aims for more than 8 pct (Adds details on profit margin, valuation)

Siemens curbs outlook on weak industry demand

FRANKFURT - German industrial bellwether Siemens AG lowered its profit outlook for this year due to weak demand from industry and delays in delivering high speed trains and connecting offshore wind farms. | Video

Siemens CFO says no industry recovery in sight yet

FRANKFURT - Siemens finance chief Joe Kaeser said while he expects the industry business to reach its bottom in the current quarter it was uncertain when it would start recovering.

UPDATE 3-Siemens curbs outlook on weak industry demand

FRANKFURT, May 2 - German industrial bellwether Siemens AG lowered its profit outlook for this year due to weak demand from industry and delays in delivering high speed trains and connecting offshore wind farms.

Siemens CFO sees high-end manufacturing in China in 2014

FRANKFURT, May 2 - German industrial bellwether Siemens expects to benefit from the emergence of high-end manufacturing in China in 2014, its finance chief said.

Siemens train delivery to Eurostar delayed

FRANKFURT, April 23 - Siemens will deliver high-speed trains to Eurostar, the operator of the Channel Tunnel passenger train service, later than expected, a member of the German engineering conglomerate's management board told a newspaper.

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