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SIEGY News and Press, Siemens AG ADR From 07/27/23

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

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SIEGY - TPI Composites crushed as quality problems spark downside guidance

2023-07-27 12:42:01 ET TPI Composites ( NASDAQ: TPIC ) -32.6% to all-time lows in Thursday's trading after the wind turbine maker issued results for preliminary Q2 adjusted EBITDA and net sales that missed expectations . TPI Composites ( TPIC ) said Q2 net sales tota...

SIEGY - 4 Ideal Barron's Mid-Year 2023 Dividend Dog Buys

2023-07-23 07:54:18 ET Summary Barron’s Mid-Year Roundtable, Published July 17, listed 40 stocks of note for 2023; 38 of those were unduplicated US publicly-listed companies, of-which YCharts reported 25 as paying dividends. Barron’s interviews with their ten financi...

SIEGY - Siemens: The Best AI Play Everyone Ignores

2023-07-18 05:22:30 ET Summary In my view, Siemens is the most undervalued industrial conglomerate in the world with a market capitalization of over $100 billion. SIEGY stock may be overlooked by AI chasers today due to the company's past struggles, but it's important to recognize...

SIEGY - Siemens pledges Euro1B investment in Germany, including new technology hub

2023-07-13 19:47:59 ET Siemens ( OTCPK:SIEGY ) unveiled plans Thursday to spend ~€1B in its home market of Germany , part of its previously announced €2B global investment program. With German Chancellor Olaf Scholz on hand, the company announced the establish...

SIEGY - Xometry: Reiterate Buy Rating As Recent Performance Suggests A Turnaround

2023-07-13 07:35:15 ET Summary I recommend a buy rating for Xometry stock due to the growth potential in the digital manufacturing market. XMTR's integration with Alibaba 1688, a marketplace with around 30 million users per year, should boost revenue, with no margin dilution antic...

SIEGY - Siemens Energy extends investigation into troubled wind turbine unit

2023-07-07 08:35:58 ET Siemens Energy ( OTCPK:SIEGY ) ( OTCPK:SMEGF ) reportedly has set up a task force and a supervisory board committee to establish the scope of deepening problems at its crisis-ridden wind turbine division that has triggered a massive drop in the stock pri...

SIEGY - Siemens: Favorable Growth Tailwinds May Push The Stock Even Higher

2023-07-07 05:48:05 ET Summary I continue to be bullish on the German industrial manufacturing/technology conglomerate, as I see a continued favorable exposure to secular growth drivers in AI, automation, and electrification. Siemens reported a strong quarter in FY Q2, beating ana...

SIEGY - European wind developers play down Siemens Energy turbine concerns

2023-06-28 10:59:39 ET Several European wind power developers are shrugging off concerns about problems with onshore wind turbines supplied by Siemens Energy ( OTCPK:SMEGF ) ( OTCPK:SIEGY ), Reuters reported Wednesday, after the company revealed deeper than expected problems wit...

SIEGY - Siemens Energy sinks by more than a third on severe wind turbine troubles

2023-06-23 12:54:12 ET Siemens Energy's ( OTCPK:SMEGF ) ( OTCPK:SIEGY ) stock plunged by as much as 37% in Europe Friday, knocking more than €6B ($6.5B) off the company's market value, after it uncovered deeper than expected quality flaws at its wind turbine unit that cou...

SIEGY - Intel's Euro30B investment to be single largest FDI in German history

2023-06-20 04:55:36 ET Intel ( NASDAQ: INTC ) on Monday said that it will invest more than €30B in Germany to build two semiconductor facilities as part of its manufacturing expansion plan in Europe. Intel and the German government signed a revised letter of intent f...

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