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Siemens stock surges
Siemens flags tough times ahead after Q4 profit beat
Siemens flagged mounting geopolitical risks like trade conflicts and weak consumer demand in the year ahead after posting fourth quarter earnings slightly ahead of forecasts.The company, whose products range from industrial controllers and software to trains,
Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday
Siemens stock surges after Q4 profit beat, flags rising global risks
By John Revill ZURICH (Reuters) -Siemens stock surged on Thursday after the engineering company posted better than expected results and said it was in a good position to navigate mounting global political and trade tensions.
Siemens shares power to record high after Q4 profit topper; flags likely job cuts
Siemens (OTCPK:SIEGY) +5.6% in Frankfurt trading Thursday to a record high after reporting better than expected Q4 results and said strong data center demand will drive business for its transformers and grid technology in the coming year.
49m
on MSN
Siemens to cut up to 5000 jobs: "Sometimes we have to do some re-engineering," says CEO
Siemens, facing a 46% profit drop in its digital industries division, plans to cut up to 5,000 jobs. CEO Roland Busch cited ...
17h
on MSN
Siemens to cut up to 5,000 jobs in automation business after downturn
Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said ...
newsbytesapp.com
14h
Siemens to cut around 5,000 jobs in factory automation division
Siemens is planning to layoff up to 5,000 workers in its factory automation division. The news comes from CEO Roland Busch, ...
Impacts
14h
Siemens Reports Strong Q4 FY 2024 Results Surpass Market Expectations
Siemens reported strong Q4 FY 2024 results, surpassing market expectations. Takeaway Points Siemens reports strong Q4 FY 2024 ...
14h
Siemens Posts Record Profits But Warns On Trade Tensions
German industrial giant Siemens on Thursday posted a record net profit in the last fiscal year, but warned that global tariff conflicts could weigh on business in the coming 12 months.
15h
Data centre surge drives growth for Siemens
Siemens reported significant gains in the past year on Thursday, driven by robust demand in energy and electrification ...
CRN
14d
Siemens CEO: $10B Buy Of Altair To Create ‘World’s Most Complete AI-Powered Design And Simulation Portfolio’
Siemens AG acquisition of Altair for $10.6 billion will boost software, AI, design and simulation technology, HPC and data ...
17h
Siemens Shares Hit Record as Data Center Boom Drives Orders
Siemens AG’s shares rose to a record after the company said the boom in power hungry data centers will drive demand for its ...
13d
on MSN
Siemens' $10.6 Billion Altair Deal Strengthens Its Industrial Software Offering
(Reuters) -Siemens is to buy U.S. engineering software firm Altair Engineering for $10.6 billion, strengthening its position ...
14d
Siemens To Buy Altair For $10.6B To Boost Industrial Software Portfolio
Siemens will be acquiring Altair for $10.6 billion in a move to strengthen its presence in the industrial software market.
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