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Siemens


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Siemens expects supply chain problems to ease after posting strong sales

* Company using size and tech to manage supply shortage * Sales and orders in Q4 beat forecasts * Sees no reason to change strategy after GE split * Shares up in early trading (Rewrites, adding share price, CEO) By John Revill ZURICH, Nov 11 (Reuters) - Siemens SIEGn.DE expects supply chain problems that have hindered the industrial revival in the
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Siemens posts sales and orders beat during fourth quarter

By John Revill ZURICH, Nov 11 (Reuters) - Siemens SIEGn.DE reported better-than-expected sales and orders during its fourth quarter on Thursday as the engineering and technology company tackled ongoing supply chain bottlenecks which have been hindering the post-pandemic revival. The maker of factory software and trains said its sales rose 18% to 17
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Semiconductor squeeze forces ABB to shrink sales outlook

* Full-year sales guidance growth cut to 6-8% * ABB joins other companies in facing chip shortage * Tight labour market adds to challenges * ABB expects supply chain problems to continue By John Revill ZURICH, Oct 21 (Reuters) - ABB ABBN.S expects the supply chain crunch to continue into next year, the Swiss engineering group said on Thursday, as a
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British Business - Oct. 15

Oct 15 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - GlaxoSmithKline Plc GSK.L is embroiled in a row with activist investor Bluebell after it called for the replacement of the drugs group's chairman and chief execut
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'Suez Canal on rails' - Egypt signs $4.5 bln high-speed rail deal

* Siemens to build link with two Egyptian firms * Line designed to carry freight and passengers * Further links planned to connect southern Egypt By Momen Saeed Atallah CAIRO, Sept 1 (Reuters) - Egypt has signed a $4.45 billion deal for a high-speed electric rail line to link its Red Sea and Mediterranean coasts that contractor Siemens SIEGn.DE dub
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Egypt signs $4.45 bln contract for high-speed rail link

CAIRO, Sept 1 (Reuters) - Egypt's has signed a $4.45 billion contract for development of a high-speed electric rail line that will link the Red Sea and Mediterranean coasts and be built with a consortium led by Siemens SIEGn.DE , a cabinet statement said on Wednesday. The contract will cover the design, implementation and maintenance of the rail li
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European shares notch fourth straight record high on earnings strength

* Novo Nordisk among top boosts * Zalando, Adidas knock down retail sector * Mining stocks down on Chinese demand fears * BoE outlines plans for reducing stimulus By Sruthi Shankar and Ambar Warrick Aug 5 (Reuters) - European stocks ended at record highs on Thursday, as strong results from Novo Nordisk and Siemens helped outweigh weak mining stocks
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Novo Nordisk, Siemens earnings boost European stocks at open

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Aug 5 (Reuters) - European stocks hovered near record levels on Thursday as strong earnings from Novo Nordisk and Siemens helped counter weakness in miners and banking shares that weighed on UK's blue-chip index. The pan-European STOXX 600 i
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Siemens can handle raw material price hikes through raising factory output - CEO

ZURICH, Aug 5 (Reuters) - Siemens SIEGn.DE is offsetting the rising costs of raw materials by increasing the capacity utilisation at its factories, Chief Executive Roland Busch said on Thursday. The engineering and technology company could also pass on higher prices to customers via adjustment clauses in contracts, while it had hedging contracts to
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British Business - July 2

July 2 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - UK ministers have drawn up radical plans to reduce carbon emissions that would increase gas bills and the cost of running a car by hundreds of pounds a year. Link
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Germany and Chile sign accord to boost hydrogen cooperation

FRANKFURT, June 29 (Reuters) - Germany and Chile on Tuesday signed a letter of intent for a bilateral alliance on hydrogen production and trade to try to facilitate a renewable energy hydrogen supply chain between the countries, the economy ministry said in a press release. The two will set up a task force to build up hydrogen economies and identif
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Daimler set to spin off truck unit by year end - CFO

BERLIN, June 27 (Reuters) - German carmaker Daimler is on track to spin off Daimler Truck, the world's largest truck and bus maker, by the end of the year, its finance chief was quoted as saying on Sunday. "We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as an in
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Daimler set to spin off truck unit by year end - report

BERLIN, June 27 (Reuters) - German carmaker Daimler is on track to spin off Daimler Truck, the world's largest truck and bus maker, by the end of the year, its finance chief was quoted as saying on Sunday. "We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as an in
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Siemens raises growth target with digital drive

* Company to grow faster by combining real and digital worlds * Will enter adjacent markets via organic growth, acquisitions * Three billion euro share buyback to be launched in October * Commits to progressive dividend policy By John Revill ZURICH, June 24 (Reuters) - Siemens SIEGn.DE unveiled targets on Thursday to outpace the market by combining
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Siemens raises growth target and launches share buyback

* Company to grow faster by combining real and digital worlds * Aims to grow revenue faster than market * Will enter adjacent markets via organic growth, acquisitions * 3 billion euro share buyback to be launched in October * Commits to progressive dividend policy * Says favourable business environment continued in Q3 By John Revill ZURICH, June 24
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Tapering the taper talk

May 7 (Reuters) - A look at the day ahead from Thyagaraju Adinarayan. A million or more jobs added in April won't be enough to trigger the Fed to ponder its bond purchases is what Atlanta Fed's President Raphael Bostic said on Thursday, but markets appear to be wanting to front run any potential tapering with the S&P 500 .SPX stopping just shy of r
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Saint-Petersburg Exchange To Start Trading In Further 26 German Stocks

Feb 24 (Reuters) - Russia's Saint-Petersburg Exchange says: * IT IS SET TO START TRADING ON MARCH 1 IN FURTHER 26 GERMAN COMPANIES SHARES, INCLUDING SIEMENS SIEGn.DE , VOLKSWAGEN VOWG_p.DE , ALLIANZ ALVG.DE , DEUTSCHE POST DPWGn.DE , CONTINENTAL CONG.DE , E.ON EONGn.DE , DEUTSCHE BANK DBKGn.DE , PUMA PUMG.DE , LUFTHANSA LHAG.DE , HUGO BOSS BOSSn.DE
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Siemens renames mobility signaling unit Yunex Traffic as part of carve-out

MUNICH/ZURICH, Feb 12 (Reuters) - Siemens' SIEGn.DE Intelligent Traffic Systems (ITS) will now be called Yunex Traffic as the German engineering company presses ahead with plans to carve out the signaling business ahead of a potential sale. The business, which operates in more than 40 countries and has annual revenue of 600 million euros ($726 mill
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Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz

By Nick Carey Feb 3 (Reuters) - German carmaker Daimler said on Wednesday it plans to spin off Daimler Truck, the world's largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business, sending its shares up nearly 9%. Daimler's decision to break itself up follows the example of other German comp
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Siemens Energy to cut 7,800 jobs in face of coal phase-out

* Job cuts represent 8.5% of company's workforce * Sees triple-digit million euros restructuring costs * Company swings to Q1 net profit of 99 million euros By Christoph Steitz FRANKFURT, Feb 2 (Reuters) - Siemens Energy ENR1n.DE , which supplies turbines to the power sector, will cut 7,800 jobs to counter a drop in demand for new coal-fired energy
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