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Rate cut expectations have driven up risk appetite in the last two months, and equity investors have been pushing up stocks at both ends of the mar...
Siemens AG (OTC: SIEGY) reported Q4 FY23 revenue growth of 4% Y/Y (+10% Y/Y on a comparable basis) to €21.4 billion. In US...
Automation major Siemens AG (OTC: SIEGY) has planned an investment of more than $500 million in the U.S. manufacturing space. T...
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2024-03-19 13:03:34 ET Shares in German industrial giant Siemens (OTC: SIEGY) were down by more than 6% at 11 a.m. ET this morning. The move comes after CFO Ralf Thomas's presentation at a Bank of America Industrials Conference warned of slower-than-expected orders growth at its...
2024-03-05 05:14:00 ET Despite the slowdown in the economy, there's one area that continues to boom, and that's non-residential construction and, specifically, manufacturing construction spending. The latter is up sharply in recent years, reaching $214 billion in 2023. I think the theme may...