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2023-03-29 17:33:20 ET Summary I've been reviewing and investing in Siemens Aktiengesellschaft for years. My current position is minor because the company is currently at a full valuation. Siemens is a great business, but at this price, I wouldn't be overly excited at investing he...
2023-03-29 09:23:53 ET Wind turbine maker Siemens Gamesa ( OTCPK:GCTAY ) ( OTCPK:SIEGY ) said Wednesday it signed a £1.3B (~$1.6B) order with Iberdrola's ( OTCPK:IBDRY ) ScottishPower Renewables to supply 95 wind turbines for the East Anglia 3 offshore wind power pr...
2023-03-28 06:35:14 ET FREYR Battery ( NYSE: FREY ) entered into discussions on a potential strategic coalition with Glencore ( OTCPK:GLCNF ), Caterpillar ( CAT ), Siemens ( OTCPK:SIEGY ) and Nidec ( OTCPK:NJDCY ) for pursuing the scale up of sustainab...
2023-03-14 04:47:34 ET Summary Industrial automation is a mega-trend but if you invest purely on this logic, you are prone to suffering gut-wrenching drawdowns. The market is bullish on supportive manufacturing policies. But leading indicators suggest a slowdown in manufacturi...
2023-03-07 10:30:00 ET Summary ABB's fourth quarter results were mixed relative to expectations, with good revenue growth but some ongoing challenges in margins and free cash flow. Short-cycle exposure could hit ABB a little harder than some of its peers, particularly with a great...
Summary HollySys posted good second quarter results, with the company continuing to grow its automation business in the petrochemical and oil/gas markets and rail projects getting back on track. The Chinese government is pushing for enterprises in strategic sectors to opt for local prov...
Summary The new Fluence Energy, Inc. management team has shown strong execution capabilities as they addressed each of their objectives set for the company. In the Q1 FY2023, Fluence Energy achieved a record order intake of $856 million, bringing the contracted backlog to $2.7 billion. ...
Summary The EU economy has weathered the economic divorce with Russia better than expected, at least on the surface. It took over 800 billion euros in spending to mask the scale of damage. The money was needed to cushion the blow from the need to bid up the price of LNG to the point nee...
Siemens ( OTCPK:SIEGY ) said Wednesday it will set up a new company called Innomotics for its motors and large-drives businesses , as it seeks to meet growing demand for more efficient electrification and energy consumption in industry and society. The new company will combine Siemens...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wagering on smart city stocks could be a fascinating long-term investing move. Over the past few years, local organizations have had to undergo rapid digital transformation following the step-changes brought about by the pand...
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Siemens simplifies development of AI accelerators for advanced system-on-chip designs with Catapult AI NN PR Newswire Catapult AI NN offers software engineers a comprehensive solution to synthesize AI Neural Nets Enables software development teams to seamlessly trans...