Siemens AG (SIEGn.DE)
* SAYS BUYS U.S. BUILDING TECH COMPANY ENLIGHTED, NO PRICE GIVEN
PARIS French manufacturing group Alstom , which is merging its rail operations with Germany's Siemens , reported higher annual sales and profits on Wednesday that sent its shares surging higher.
* Alstom raises dividend 40 pct to 0.35 euros (Adds share price, further detail)
PARIS, May 16 French manufacturing group Alstom , which has agreed to merge its rail operations with Germany's Siemens, reported a rise in annual sales and profits and forecast further growth in profits in the medium term.
FRANKFURT Germany's former foreign minister, Sigmar Gabriel, was nominated on Tuesday as a director of Siemens Alstom , as the Franco-German rail venture finalised its board lineup.
President Donald Trump on May 8 pulled the United States out of an international nuclear deal with Iran, sealed in 2015, and said he will re-impose economic sanctions on Iran.
BERLIN Germany is ready to help its firms continue doing business in Iran, its economy minister said on Friday, as the U.S. envoy to Berlin called into question the morality of such transactions.
* Siemens up 4 percent after guidance upgrade (Updates prices, adds details)
President Donald Trump on Tuesday pulled the United States out of the 2015 international nuclear deal with Iran, raising the risk of conflict in the Middle East, upsetting European allies and casting uncertainty over global oil supplies.
MUNICH Siemens raised its full year profit guidance on Wednesday, sending its shares higher after a strong result from its factory automation business countered the downturn at its Power and Gas operations.