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2023-06-28 10:59:39 ET Several European wind power developers are shrugging off concerns about problems with onshore wind turbines supplied by Siemens Energy ( OTCPK:SMEGF ) ( OTCPK:SIEGY ), Reuters reported Wednesday, after the company revealed deeper than expected problems wit...
2023-06-23 12:54:12 ET Siemens Energy's ( OTCPK:SMEGF ) ( OTCPK:SIEGY ) stock plunged by as much as 37% in Europe Friday, knocking more than €6B ($6.5B) off the company's market value, after it uncovered deeper than expected quality flaws at its wind turbine unit that cou...
2023-06-20 04:55:36 ET Intel ( NASDAQ: INTC ) on Monday said that it will invest more than €30B in Germany to build two semiconductor facilities as part of its manufacturing expansion plan in Europe. Intel and the German government signed a revised letter of intent f...
2023-06-16 10:52:05 ET Summary Industrials is the second-most overvalued sector right now. However, one industry has good value and quality scores: transportation. iShares Global Industrials ETF is an alternative to Industrial Select Sector SPDR® Fund ETF with internation...
2023-06-16 06:27:21 ET Summary Stationary energy storage is booming, led by Tesla. Global stationary energy storage is forecast to double in 2023. Tesla Master Plan 3 says the world will need ~120 TWh of stationary energy storage for a 100% renewable energy world. That's about a 1...
2023-05-31 10:52:54 ET Siemens ( OTCPK:SIEGY ) said Wednesday it secured a rail vehicle service contract extension for another eight years worth €530M ($568.9M). The contract includes maintenance services for 51 trains of the Class 185 fleet serving TransPennine Express r...
2023-05-30 06:33:00 ET Summary Siemens reports strong Q2 2023 performance with increased orders, revenues, net income, and margins across multiple segments. The company is well-positioned to benefit from digital transformation, electrification, and sustainability trends in the glo...
2023-05-22 14:37:00 ET The following three international companies have great exposure to exciting growth trends and each has shares traded as American depositary receipts ( ADRs ). This makes it easy for investors to buy into German industrial giant Siemens (OTC: SIEGY) , Frenc...
2023-05-17 08:27:04 ET Siemens Aktiengesellschaft (SIEGY) Q2 2023 Earnings Conference Call May 17, 2023, 03:30 AM ET Company Participants Eva Scherer - Head, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Alexande...
2023-05-17 07:02:34 ET Siemens ( OTCPK:SIEGY ) +2.5% in Frankfurt on Wednesday after reporting better than expected FQ2 earnings and revenues while also raising its outlook for a second time in FY 2023. Q2 net profit attributable to shareholders more than tripled to €...
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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...