What's more, GE's $17 billion June deal to scoop up the power and electrical-grid businesses of France's Alstom SA (OTCMKTS ADR: ALSMY) �is another reason to buy GE,� according toMoney Morning Executive Editor William Patalon. During its fiscal 2013 ...
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.
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.
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.
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.