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SIEGY News and Press, Siemens AG ADR From 05/16/23

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

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SIEGY - Notable earnings before Wednesday's open

2023-05-16 10:34:23 ET Major earnings expected before the bell on Wednesday include: Siemens Aktiengesellschaft ( OTCPK:SIEGY ) Tencent Holdings ( OTCPK:TCEHY ) Target ( TGT ) The TJX Companies ( TJX ) Wix.com ( WIX ) For further details see: ...

SIEGY - Fluence Energy: On The Right Track But Is The Market?

2023-05-09 10:54:35 ET Summary Fluence listed on NASDAQ 1.5 years ago as a JV between Siemens and AES, but the teams brought together have much deeper energy storage experience. Fluence has clear goals for expanding its battery storage market, but this is much more than building a...

SIEGY - Could This Industry Come Out to Be the Victor of Earnings Season?

2023-05-07 09:40:00 ET The concurrent trends of grid modernization and the "electrification of everything" are arguably still in their early innings. The results and earnings momentum of some of the leading players in the field, including General Electric (NYSE: GE) , ABB (NYS...

SIEGY - India's New Look: Paving Roads To Efficiency And Investment

2023-04-27 03:15:00 ET Summary India’s ability to attract foreign investment has long been hampered by subpar infrastructure and excessive bureaucracy. But reputations can obscure real change. As global companies diversify supply chains away from China, India has been slow ...

SIEGY - Siemens and Infinite Acres Advance Vertical Farming in The Hague

Siemens Netherlands and Infinite Acres, the technology company of 80 Acres Farms, are one step closer to building a vertical farming Field-Lab and Experience Center in The Hague, featuring Siemens technology and services. The two companies have signed a Memorandum of Understanding (MoU) in which ...

SIEGY - Siemens Energy signs Euro7B deal for North Sea grid connections

2023-04-20 09:53:46 ET Siemens Energy ( OTCPK:SIEGY ) ( OTCPK:SMEGF ) said Thursday it signed a framework agreement worth nearly €7B (~$7.68B) from German-Dutch transmission system operator TenneT as part of a consortium with Spain's Dragados Offshore to supply techno...

SIEGY - This Hot Trend Should Lead Investors to Reach for the Buy Button

2023-04-04 10:46:00 ET Demand for automation will likely stay strong, even during an economic slowdown, because it enhances productivity. In addition, after a few years where industrial companies have struggled with overly complex supply chains stretched across far-flung corners of the worl...

SIEGY - Siemens scores Euro1.59B accounting gain on Siemens Energy investment

2023-03-31 17:25:31 ET Siemens ( OTCPK:SIEGY ) said Friday it will reverse some of the impairment it took on its stake in Siemens Energy ( OTCPK:SMEGF ), leading to a €1.59B (~$1.73B) after-tax net income improvement at the end of its FQ2. Siemens ( OTCPK:SIEGY ),...

SIEGY - 3 Robotics Dividend Stocks Driving the Industrial Internet of Things

2023-03-30 05:00:00 ET Artificial intelligence (AI), machine learning, automation, and the industrial internet of things (IIoT) are all centered around using technology to improve processes and drive efficiency. Robotics can incorporate all four of these technologies. In many cases, compani...

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...

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