SIEGY News and Press, Siemens AG ADR From 08/29/23

2023-08-29 04:31:15 ET Summary ADS-TEC Energy has seen impressive stock market gains of 157% YTD, on a strong outlook for the full year 2023 and expectations of continued momentum in 2024. Its EV charging solutions have high potential in a fast-growing market, but the company's pa...

2023-08-22 14:05:45 ET Summary Yaskawa Electric's shares have underperformed recently on growing worries about China's economy and EV capex demand. Yaskawa's fiscal Q1 results were disappointing, with weaker growth in the AC servo business offset by healthier trends for inverters ...

2023-08-10 17:36:48 ET Summary Siemens Energy announced a loss of almost 3bn euros in the recent quarter due to a provision for ongoing troubles at its wind turbine subsidiary Siemens Gamesa. All other business lines of Siemens Energy are performing exceptionally well and will con...

2023-08-10 08:00:06 ET Siemens Aktiengesellschaft (SIEGY) Q3 2023 Earnings Conference Call August 10, 2023 03:30 AM ET Company Participants Eva Scherer - Head, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Alexan...

2023-08-10 01:30:29 ET Siemens press release ( OTCPK:SIEGY ): Q3 basic earnings per share were €1.61 and EPS before purchase price allocation accounting were €1.78. Revenue of €18.89B (+5.7% Y/Y). Orders rose 15% and revenue grew 10% on a comparable ba...

2023-08-09 15:35:57 ET Siemens Energy's ( OTCPK:SMEGF ) ( OTCPK:SIEGY ) wind turbine unit likely will not reach breakeven before 2026 , and its recovery will take longer than expected, analysts at J.P. Morgan and Deutsche Bank said Wednesday. J.P. Morgan downgraded the stock...

2023-08-07 07:57:45 ET Siemens Energy ( OTCPK:SMEGF ) ( OTCPK:SIEGY ) said Monday it expects to report a €4.5B loss this year thanks to problems with its wind turbine business, up from previous expectations that it would exceed the previous year's €712M loss by up ...

2023-07-31 15:17:48 ET Siemens Energy ( OTCPK:SMEGF ) ( OTCPK:SIEGY ) is trying to delay delivery of new wind turbines from its 5.X platform by up to seven months, as it seeks to determine the extent of flaws in its machines, Bloomberg reported Monday. In response to the report,...

2023-07-29 23:49:00 ET Summary Our approach focuses on identifying high-quality companies positioned to benefit as the transition to a sustainable global economy builds momentum. Buildings are a major source of energy consumption and greenhouse gas emissions worldwide. We ...

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...