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SIEGY News and Press, Siemens AG ADR From 03/29/23

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Company Name: Siemens AG ADR
Stock Symbol: SIEGY
Market: OTC

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SIEGY - Siemens: Options Were Successful, Siemens Is Still Expensive, A 'HOLD'

2023-03-29 17:33:20 ET Summary I've been reviewing and investing in Siemens Aktiengesellschaft for years. My current position is minor because the company is currently at a full valuation. Siemens is a great business, but at this price, I wouldn't be overly excited at investing he...

SIEGY - ScottishPower orders $1.6B of offshore wind turbines from Siemens Gamesa

2023-03-29 09:23:53 ET Wind turbine maker Siemens Gamesa ( OTCPK:GCTAY ) ( OTCPK:SIEGY ) said Wednesday it signed a £1.3B (~$1.6B) order with Iberdrola's ( OTCPK:IBDRY ) ScottishPower Renewables to supply 95 wind turbines for the East Anglia 3 offshore wind power pr...

SIEGY - FREYR Battery seeks strategic coalition with four major global partners

2023-03-28 06:35:14 ET FREYR Battery ( NYSE: FREY ) entered into discussions on a potential strategic coalition with Glencore ( OTCPK:GLCNF ), Caterpillar ( CAT ), Siemens ( OTCPK:SIEGY ) and Nidec ( OTCPK:NJDCY ) for pursuing the scale up of sustainab...

SIEGY - Rockwell Automation: Narratives Don't Match Numbers

2023-03-14 04:47:34 ET Summary Industrial automation is a mega-trend but if you invest purely on this logic, you are prone to suffering gut-wrenching drawdowns. The market is bullish on supportive manufacturing policies. But leading indicators suggest a slowdown in manufacturi...

SIEGY - ABB Could Be Caught Between Long-Term Trends And Near-Term Macro Headwinds

2023-03-07 10:30:00 ET Summary ABB's fourth quarter results were mixed relative to expectations, with good revenue growth but some ongoing challenges in margins and free cash flow. Short-cycle exposure could hit ABB a little harder than some of its peers, particularly with a great...

SIEGY - Better Results From HollySys, But Investability Remains An Issue

Summary HollySys posted good second quarter results, with the company continuing to grow its automation business in the petrochemical and oil/gas markets and rail projects getting back on track. The Chinese government is pushing for enterprises in strategic sectors to opt for local prov...

SIEGY - Fluence Energy: Differentiating Itself As A Leader In Battery Energy Storage

Summary The new Fluence Energy, Inc. management team has shown strong execution capabilities as they addressed each of their objectives set for the company. In the Q1 FY2023, Fluence Energy achieved a record order intake of $856 million, bringing the contracted backlog to $2.7 billion. ...

SIEGY - VGK: Downside Risks More Pronounced

Summary The EU economy has weathered the economic divorce with Russia better than expected, at least on the surface. It took over 800 billion euros in spending to mask the scale of damage. The money was needed to cushion the blow from the need to bid up the price of LNG to the point nee...

SIEGY - Siemens to spin out motors, large-drives businesses as new subsidiary

Siemens ( OTCPK:SIEGY ) said Wednesday it will set up a new company called Innomotics for its motors and large-drives businesses , as it seeks to meet growing demand for more efficient electrification and energy consumption in industry and society. The new company will combine Siemens...

SIEGY - 3 Stocks to Buy to Play Smart Cities of the Future

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wagering on smart city stocks could be a fascinating long-term investing move. Over the past few years, local organizations have had to undergo rapid digital transformation following the step-changes brought about by the pand...

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