SIEGY News and Press, Siemens AG ADR From 02/03/21

Siemens (SIEGY) FQ1 revenue rose 3% to €14.07B, and was  also up in all four industrial businesses; on a geographic basis, with most notable growth in China and Germany.Bifurcating revenue segment-wise: Digital Industries €3.77B; Smart Infrastructure €...

Weak previous management walked General Electric down a path that almost led to financial ruin and loss of their core competitiveness. The company hit rock bottom a few months ago following severe pandemic-related problems in the air travel business. But GE holds promise given its...

Lucira Health (LHDX) to sell 7,812,500 common shares in initial public offering at an estimated price between $15.-$17 per share.The company sees net proceeds of ~$112.9M based on midpoint of price range.The company has developed a testing platform that produces centralized-lab...

Rockwell posted a small miss in the fiscal first quarter (2% on revenue and segment profits), as markets like autos and oil/gas saw double-digit declines. Near-term drivers like reshoring remain in place, as do longer-term drivers like an increased focus on software and greater overal...

Johnson Controls will have growth momentum for the next 2 to 3 years. However, the stock price is reflecting the potential quick recovery due to the January 2021 price rally. JCI stockholders who are holding the stock as a long-term investment should continue to hold their positio...

Industrial conglomerate Honeywell International Inc. (HON) has strong businesses in four segments of the technology sector, all of which are being driven by secular tailwinds. As the COVID-19 pandemic crisis winds down and the global economy recovers, we think the stock could bounce back stro...

Siemens expands long-standing relationship supporting U.S. Air Force with proven digital capabilities to innovate in the defense industry Siemens today announced the U.S. Air Force has selected Teamcenter® software as the foundational system of record to support its...

Huge emissions reductions are needed by 2030 to address climate change. Projections for green hydrogen don't have significant impact before 2030. The core rationale for hydrogen is as a transportable energy storage system. Only green hydrogen energy is clean; currently, it is made alm...

Siemens ([[SIEGY]] +3.4%) shoots higher after reporting preliminary FQ1 operating results it says were "significantly above market expectations," driven by a strong performance in its digital division and better than expected growth in China.The company says quarterly sales in its Digital Ind...

Enterprise Community Loan Fund and Primary Care Development Corporation will receive capital to promote economic revitalization in real estate and health care sectors The Siemens Foundation and Northern Trust today announced a commitment of $10 million to two Community D...