SIEGY - Siemens Energy to seek deeper cost cuts in post-spinoff strategy September, 01 2020 11:53 AM Siemens AG ADR Siemens Energy (OTCPK:SIEGY +0.5%) raises its annual cost savings target to more than €300M ($359M) by 2023 in an effort to raise profit margins, ahead of its spinoff from parent Siemens.More news on: Siemens Aktiengesellschaft, Energy stocks news, Read more ...