Siemens AG

Earnings data Q2 2021

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Siemens AG is a technology company, which engages in the areas of automation and digitalization. It operates through the following segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries segment offers a product portfolio and system solutions for automation used in discrete and process industries. The Smart Infrastructure segment includes products, systems, solutions, services and software to support a transition from fossil to renewable energy sources. The Mobility segment combines all Siemens businesses in passenger and freight transportation. The Siemens Healthineers segment develops, manufactures, and sells diagnostic and therapeutic products, and services to healthcare providers. The Siemens Financial Services segment focuses on financing solutions for Siemens’ customers as well as other companies in the form of debt and equity investments. The company was founded by Johann Georg Halske and Werner von Siemens on October 12, 1847 and is headquartered in Munich, Germany.

Shares of Siemens Healthineers SHL, -0.80% were down 2.2% in trading on Friday after the company said it has developed an antibody test for COVID-19.

Siemens Healthineers prepares to launch COVID-19 antibody test

Spanish authorities have requisitioned 2,000 antibody tests procured by wind turbine maker Siemens Gamesa  and intended to check whether employees have been infected with the coronavirus, a labour union spokeswoman said on Tuesday.

Spain seizes virus tests bound for returning Siemens Gamesa workers: union

The economic blow from the Coronavirus pandemic to global businesses, as per experts, is unprecedented in history. Numberless businesses have resorted to cost-cutting strategies in the past two months including reducing workforce and temporarily suspending operations.

Siemens says it will not cut jobs due to the ongoing Coronavirus pandemic

Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be extended in Germany.

Siemens CEO rules out job cuts from coronavirus impact

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Several European aerospace firms, Airbus and Rolls-Royce, are collaborating with other engineering firms to scale up the production of much-needed ventilators for the UK’s health system while the German Aerospace Centre is retrofitting its 3D printers to produce medical protective equipment.

European Aerospace Industry Makes Medical Equipment In Fight Against Coronavirus

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Hybrid Renewable Systems With Storage Makes For Revolution

Siemens  managing board member Michael Sen will no longer take charge of the new energy business which the German engineering group wants to spin off later this year, it said on Thursday, after he agreed to leave the company.

Siemens board member Sen leaves, Siemens Energy gets new CEO

Siemens Gamesa: Diversity A Strength In Turbulent Times

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Annual wind generation in the United States totals 300 million megawatt-hours (MWh) in 2019, exceeding hydroelectric generation by 26 million MWh.

Wind Generation Exceeds Hydroelectric in 2019: Stocks in Focus

The Munich-based company offers a sustainable and compelling dividend.

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Many of the locomotives, railcars and trams used throughout the US are built in a huge factory in Northern California. Here's how.

Where trains are born: Touring the Siemens Mobility factory

Siemens came under increased pressure from climate change protesters and its own shareholders on Wednesday over a contract to supply an Australian coal mine, demanding that Chief Executive Joe Kaeser cancel the deal.

Green protesters step up pressure on Siemens over coal mine project

Siemens Aktiengesellschaft's (SIEGY) CEO Joe Kaeser on Q1 2020 Results - Earnings Call Transcript

Siemens reported a 3% fall in net profit in its fiscal first quarter, weighed down by weakness in the auto and energy sectors.

Siemens reports slight profit fall as climate activists target annual meeting

Germany's Siemens  on Wednesday reported weaker-than-expected industrial profit during its first quarter as the industrial downturn hit its flagship digital industries business and its wind power unit suffered losses.

Siemens posts weaker-than-expected first-quarter industrial profit

Siemens Gamesa Renewable Energy SA (GCTAY) CEO Markus Tacke on Q1 2020 - Earnings Call Transcript

Siemens  is buying Iberdrola's  stake in Siemens Gamesa renewable energy , the German engineering company said, as it prepares to merge the business with its own energy unit ahead of a floatation later this year.

Siemens to buy Iberdrola's stake in Siemens Gamesa

Wind turbine maker Siemens Gamesa is acting fast to manage risks on its projects around the world to avoid a repeat of the delays that dragged it to a loss at the beginning of this year, Chief Executive Marcus Tacke said on Tuesday.

Siemens Gamesa boosting risk management to fend off project delays: CEO

Siemens Gamesa Chief Executive Marcus Tacke said on Tuesday the wind turbine maker had acted quickly to make sure the impact of project delays that dragged it to a loss at the beginning of the year would not happen again.

Siemens Gamesa CEO says company acted fast to prevent new project delays

Siemens Healthineers AG (SEMHF) CEO Bernhard Montag on Q1 2020 Results - Earnings Call Transcript

Siemens Healthineers AG (SEMHF) CEO Bernd Montag on Q1 2020 Results - Earnings Call Transcript

Siemens Healthineers'  operating income slipped 11% in the first quarter of its financial year, despite higher revenue, as the German company sold less profitable imaging machines and incurred ramp-up costs for its new blood-testing machines.

Diagnostic gear costs knock profits at Siemens Healthineers

President Donald Trump would support Siemens' role in reconstruction projects in Iraq and Syria, the German conglomerate's CEO told CNBC.

News for Siemens AG Stock (SIEGY)