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SIEGY News and Press, Siemens AG ADR From 09/08/20

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

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SIEGY - Bentley Systems Begins U.S. IPO Effort

Quick Take Bentley Systems ( BSY ) has filed to raise $100 million in gross proceeds from an IPO of its Class B common stock, although the final amount may be as high as $800 million, according to an S-1 registration statement . The firm provides construction and infrastructure software a...

SIEGY - GE Power is getting a new publicly traded competitor - Barron's

GE ( GE +2.0% ) investors should pay attention as Siemens ( OTCPK:SIEGY +1.4% ) spins out its own power division to investors, writes Al Root in Barron's . More news on: General Electric Company, Siemens Aktiengesellschaft, Siemens Ltd. ADR, Energy stocks news, Read more ....

SIEGY - Siemens Energy to seek deeper cost cuts in post-spinoff strategy

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 ...

SIEGY - Siemens wins Euro330M gas turbine order in Canada

Siemens ( OTCPK:SIEGY ) says it received an order worth more than €330M (~$393M) to provide gas turbine technology to the planned 900 MW Cascade Power Plant in Alberta. More news on: Siemens Aktiengesellschaft, Energy stocks news, Read more ...

SIEGY - Siemens Energy to close some production sites after spinoff - Reuters

Siemens Energy ( OTCPK:SIEGY +0.3% ), which will be spun off from parent Siemens next month, will close plants in an attempt to raise margins , Reuters reports. More news on: Siemens Aktiengesellschaft, Siemens Gamesa Renewable Energy, S.A., Siemens Gamesa Renewable Energy, S.A., Energy...

SIEGY - Alphabet Is Acquiring Fitbit: Expected Annualized Return Of 17.07%

I moved away a bit from researching a lot of M&A deals because I expected that this market would be dead because of COVID-19 and its effects on the economy and credit markets. I expected the probability of deals breaking was about to increase immensely. However, a few months and a few tril...

SIEGY - Schneider Electric Outperforming Through The Downturn And Adding More Software Assets

The electrification and automation markets have certainly been impacted by COVID-19, but Schneider ( OTCPK:SBGSY ) ( SCHN.PA ) continues to execute at a high level. Benefitting from healthy demand in areas like data centers, utility smart grids, and building automation, Schneider’s bu...

SIEGY - Siemens to build green hydrogen production project in China

Siemens ( OTCPK:SIEGY ) says its energy business will provide a green megawatt hydrogen production system for a hydrogen fueling station in Beijing, the company's first project of its kind in China. More news on: Siemens Aktiengesellschaft, Energy stocks news, Read more ...

SIEGY - Buy European Conglomerates As A Neutral Beneficiary Of The China-USA Trade War

Election seasons in the USA tend to bring lots of bluster, nationalism and grand, actionable plans, with many of those aimed at trade. However, this election season also happens to include a viral pandemic that unfortunately originated in China, thus creating an election season on steroids! ...

SIEGY - First-Half 2020 Dividend Checkup - Dividend Growth, Cuts, And Postponements

As an investor, I have an extensive desire (read: obsession) for control and states of overview both on a very macro level in terms of my portfolio, and also in terms of micro-managing individual company and having quick access to relevant data. Some of this is easily solved by access to fre...

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