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Siemens AG (SIEGn.DE)

SIEGn.DE on Xetra

114.85EUR
20 Nov 2017
Change (% chg)

€-0.05 (-0.04%)
Prev Close
€114.90
Open
€114.00
Day's High
€115.00
Day's Low
€113.65
Volume
1,796,186
Avg. Vol
2,131,468
52-wk High
€133.50
52-wk Low
€104.30

Latest Key Developments (Source: Significant Developments)

Siemens says job cut number could change depending on negotiations
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Siemens :Hr chief says total number of 6,900 planned job cuts could change depending on negotiations with labour representatives.  Full Article

Siemens says most jobs in power and gas division to be cut before 2020
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Siemens Ag :Board member says talks with labour representatives will start in 2018‍​.Says cannot yet specify costs of restructuring.Says we are confident we can realize large part of job cuts without forced layoffs.Says most jobs in power and gas division to be cut before 2020.  Full Article

Siemens could cut 4,000 jobs in restructuring - WSJ, citing sources ‍​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - :Siemens could cut 4,000 jobs in restructuring - WSJ, citing sources ‍​.  Full Article

Ballard Power Systems says it ‍signed ‍development agreement with Siemens AG
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Ballard Power Systems Inc -:SIGNED AGREEMENT WITH SIEMENS AG FOR DEVELOPMENT OF ZERO-EMISSION FUEL CELL ENGINE TO FOR SIEMENS' MIREO LIGHT RAIL TRAIN​.‍DEVELOPMENT AGREEMENT HAS A CONTEMPLATED VALUE OF APPROXIMATELY $9.0 MILLION TO BALLARD​.  Full Article

Siemens CEO sees no value in holding company
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Siemens :CFO says has no figures yet to get a grip on for 2018 severance costs.CFO says 2018 will be a harder year for Power and Gas than 2017.CEO says creating a Siemens holding company would not create value.  Full Article

Siemens to complete preparations for Healthineers IPO by end March -CNBC
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Siemens :CEO says will have completed internal preparations for Healthineers IPO by end March -CNBC.  Full Article

Siemens and Tenable announce strategic partnership‍​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - SIEMENS AG ::TENABLE, A CYBER EXPOSURE COMPANY AND SIEMENS ANNOUNCE A STRATEGIC PARTNERSHIP‍​.  Full Article

Alstom and NTA sign contract worth over 90 million euros in Israel‍​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - ALSTOM ::ALSTOM AND NTA SIGNED A CONTRACT WORTH MORE THAN €90 MILLION‍​.‍MAINTENANCE SERVICES COVER A PERIOD OF 10 YEARS PLUS AN OPTION OF 6 ADDITIONAL YEARS​.WILL SUPPLY SIGNALLING AND TRAIN CONTROL OF NEW TEL AVIV TRAMWAY RED LINE PROJECT.RED LINE WILL BEGIN OPERATIONS ON OCTOBER 2021‍​.  Full Article

Siemens Gamesa eyes 2018 sales between EUR9-9.6 bln, 7-8 pct adj EBIT margin‍​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Siemens Gamesa :Siemens Gamesa 2017 FY sales up 5 percent to eur 10.96 bln‍​.Siemens Gamesa targets 2018 sales between eur 9-9.6 billion, 7-8 percent adjusted Ebit margin‍​.  Full Article

Siemens Gamesa posts 12 pct drop in H2 sales, announces FY 2018 guidance and restructuring
Monday, 6 Nov 2017 

Nov 6 (Reuters) - SIEMENS GAMESA RENEWABLE ENERGY SA SGREN.MC::APRIL-SEPT UNDERLYING NET PROFIT 118 MILLION EUROS.APRIL-SEPT UNDERLYING EBIT 192 MILLION EUROS VERSUS 525 MILLION EUROS YEAR AGO.APRIL-SEPT SALES 5.02 BILLION EUROS VERSUS 5.73 BILLION EUROS YEAR AGO.ORDER BACKLOG OF 20.7 BILLION EUROS AT END-SEPT.SEES FY 2018 REVENUES OF 9.00 BILLION EUROS - 9.60 BILLION EUROS‍​.SEES 2018 UNDERLYING EBIT MARGIN 7 PERCENT - 8 PERCENT.SEES FY 2018 CAPEX OF C. 500 MILLION EUROS.ESTIMATED IMPACT OF PPA AMORTIZATION OF INTANGIBLE FAIR VALUE OF 321 MILLION EUROS FOR FY 2018.EXPECTED INTEGRATION COSTS OF 160 MILLION EUROS IN FY 2018.SAYS RESTRUCTURING OF UP TO 6,000 HEADCOUNTS TO BE LAUNCHED IN NOVEMBER.  Full Article

Photo

Nearly 2,000 Siemens employees protest against job cuts

BERLIN Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union. | Video