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SIEGY News and Press, Siemens AG ADR From 09/28/20

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

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SIEGY - Siemens Energy makes lackluster trading debut

Siemens Energy (SIEGY) shares opened lower than expected on their first day of trading on the Frankfurt stock exchange, in one of Europe's biggest listings in recent years.Shares in Siemens Energy - which makes gas turbines, power transmission systems and holds a 67% stake in Siemens Gamesa -...

SIEGY - A Slimmed-Down Siemens Looks Oddly Undervalued

Siemens most recently set its power generation business loose, leaving a stronger core focused on industrial automation, electrification/controls, mobility, and healthcare. While Siemens has top-notch discrete automation and industrial software assets, there are areas for improvement,...

SIEGY - Siemens sees market value of energy spin-off over $20B - Reuters

Siemens' Energy unit is expected to reach a market value of over €17B ($20B) when it begins trading on the Frankfurt stock exchange next week (Sept. 28).The consensus forecasts for the value of the business, is €21-€22B, and based on the number of Siemens Energy shares, i...

SIEGY - Siemens Foundation and Siemens Healthineers Team Up with Testing for America to Donate Nearly $3M in Funding and COVID-19 Testing Technologies to Support the Safe Reopening of HBCUs

Nonprofit Testing for America is advising historically black colleges and universities (HBCUs) in their COVID-19 testing strategies to support a safe reopening Siemens Foundation, Siemens Healthineers and Siemens employees have donated more than $5.4 million in response to COVID-19 ...

SIEGY - IPO Update: Bentley Systems Finalizes IPO Terms

Quick Take Bentley Systems ( BSY ) has filed to raise $194 million for selling shareholders from the sale of its Class B stock in an IPO, according to an amended registration statement . The company provides infrastructure engineering software to clients worldwide. BSY is growing toplin...

SIEGY - To Drive Post-COVID Economic Recovery, Mayors Prioritize Infrastructure and Technology Investments, Study Finds

Study Shows Plans for Recovery Must Overcome Near Universal Budget Shortfalls Resulting from Pandemic While a majority of U.S. mayors (94%) agree that their city’s economic recovery depends on containing and preventing community spread of the COVID-19 virus, investing in infrast...

SIEGY - ASME's Engineering for Change and Siemens Announce Innovate for Impact: Siemens Design Challenge Winners

Teams from Colombia, Uganda and the U.S. selected for outstanding innovations that help meet need for clean water and adequate food supply globally Earlier today in a virtual awards ceremony, global technology company Siemens , in collaboration with Engineering for Change (E4C),...

SIEGY - Wind Energy Looks Set To Boom This Decade - A Look At The Key Stocks To Consider

This article first appeared on Trend Investing on August 13, 2020; therefore all data is as of this date. Wind energy, especially offshore, is rapidly growing in popularity due to lower costs and governments desire to move quickly to boost renewable energy capacity. Bloomberg states that...

SIEGY - Amwell Proposes Terms For $525 Million IPO

Quick Take American Well Corporation ( AMWL ) has filed to raise $525 million in an IPO of its Class A common stock, according to an S-1 registration statement . Amwell provides a telehealth services delivery platform for healthcare service providers in the United States. AMWL is growin...

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...

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