JP Morgan on Monday reiterated its Neutral rating and price target of $99.69 on Siemens AG (ADR) (OTCMKTS:SIEGY) stock, after Dresser-Rand Group Inc. (NYSE:DRC) reported poor fourth-quarter (4Q) results on Friday.
Those indicted are due to appear before a Greek appeals court, according to the GreekReporter news website. The publication also said that 13 former officers of Siemens were on the list of names in the court report, as well as former executives at OTE.
Dresser-Rand Group Inc. (NYSE: DRC) shares fell 2 percent Thursday after a skeptical article appeared in a German magazine concerning its pending $7.6 billion acquisition by Siemens AG (OTC: SIEGY). Manager Magazine said Thursday that Siemens has ...
According to an industry report by MAKE consulting, Siemens AG (ADR) (OTCMKTS:SIEGY) has become the world's leading wind turbine manufacturer, as it has the highest market share of new wind turbine installations, as per a 2014 survey.
FRANKFURT�Siemens AG said Saturday it has struck agreements worth at least �4 billion ($4.2 billion) with the Egyptian government to build a 4.4 gigawatt combined-cycle power plant and install 2 gigawatts of wind-power capacity in the country.
Germany's Siemens AG (ADR)(OTCMKTS:SIEGY) informed that it is in the process of investigating a media report that stated company boosted its sales figures in healthcare equipment segment in China by boasting fake contracts.
Effective as of March 15, 2015, Willi Meixner (50) will be appointed as the CEO of the Power and Gas Division as the successor to Roland Fischer (52), who left Siemens at his own request. Up to now, Meixner served as the CEO of the Distributed ...