Siemens AG is a German industrial conglomerate with interests in information services, automation and controls, medical equipment, power generation, transportation systems, automotive electronics, lighting, and many other areas.
JP Morgan on Monday reiterated its Neutral rating and price target of $99.69 on Siemens AG (ADR) (OTCMKTS:SIEGY) stock, after Dresser-Rand Group Inc. (NYSE:DRC) reported poor fourth-quarter (4Q) results on Friday.
According to an industry report by MAKE consulting, Siemens AG (ADR) (OTCMKTS:SIEGY) has become the world's leading wind turbine manufacturer, as it has the highest market share of new wind turbine installations, as per a 2014 survey.
After an unprecedented crackdown on GlaxoSmithKline plc (ADR) (NYSE:GSK) last year, Chinese regulatory authorities are now reported to have followed up with a similar probe into alleged bribery practices at the healthcare unit of German-based Siemens ...
Germany's Siemens AG (ADR)(OTCMKTS:SIEGY) informed that it is in the process of investigating a media report that stated company boosted its sales figures in healthcare equipment segment in China by boasting fake contracts.