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.

The deal is Healthineers' biggest acquisition since its initial public offering last year.

Germany's Siemens Healthineers buys US robotics firm Corindus for $1.1 billion

Siemens Gamesa Renewable Energy SA (GCTAY) CEO Markus Tacke on Q3 2019 Earnings Call Transcript

Siemens Aktiengesellschaft (SIEGY) Management on Q3 2019 Results - Earnings Call Transcript

Siemens operates within the energy, healthcare, and industrial sectors. The energy and healthcare sectors have undergone recent changes which will propel Siemens' future growth.

Siemens And Its Pillars Of Growth

Siemens Healthineers AG (SEMHF) CEO Bernd Montag on Q3 2019 Results - Earnings Call Transcript

ABB Ltd.

Enphase Energy

SolarEdge Technologies

SunPower

ABB is giving up on solar energy and taking a big hit to do it.

Solar Energy Provides Another Cautionary Tale

"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.

Siemens CEO Joe Kaeser says Trump has become the 'face of racism and exclusion'

Dominion Energy

General Electric

Vestas Wind Systems A/S

The United States holds power potential of more than 2,000 gigawatts (GW), nearly double the nation's current electricity use. This sets the stage for construction of more offshore wind farms in the nation.

US Senate Extends Offshore Wind Tax Credits: Stocks in Focus

As electric planes take center stage, Siemens agreed to sell its eAircraft business to GE's jet engine rival Rolls Royce.

This Jet Engine Giant Accelerates Electric, Hybrid Propulsion Unit

Royal Philips

The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters.

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme

Both companies are, for understandable reasons, being cautious with regard to assumptions over gas turbine demand. But what if they're being too pessimistic?

The Possible Upside the Market Is Missing in GE and Siemens

The industrial rivals are reacting to an underperforming market in two wildly different ways.

Why GE and Siemens Have Opposite Strategies for This Big Problem

General Electric investors should welcome its rival's determination to cut capacity and grow margin.

Here's What Siemens' Big Power Move Means to GE Investors

Johnson & Johnson

The FBI is investigating corporate giants Johnson & Johnson, Siemens, General Electric and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, two Brazilian investigators have told Reuters.

Exclusive: FBI targets Johnson & Johnson, Siemens, GE, Philips in Brazil graft case - sources

Siemens Aktiengesellschaft (SIEGY) CEO Joe Kaeser on Q2 2019 Results - Earnings Call Transcript

Siemens' decision to separate and spin off its struggling gas and power business is intended to strengthen the group's remaining businesses, Chief Executive Joe Kaeser said on Wednesday.

Siemens CEO says aim of overhaul is for sound and strong company

News for Siemens AG Stock (SIEGY)