Take a look at some of Thursday midday movers:» Read More
FRANKFURT, Dec 5- Siemens' troubled Infrastructure& Cities business will take a more selective approach to new projects to boost profitability, the head of the division said on Thursday.
WASHINGTON, Dec 4- Wal-Mart Stores Inc is paying for lawyers to represent more than 30 of its executives involved in a foreign corruption investigation, according to people familiar with the matter, an unusually high number that shows the depth of the federal probe.
*Populous, resource-rich Iran could be lucrative market. *German exports to a post-sanction Iran could hit 5 bln euros.
FRANKFURT, Nov 27- German engineer Siemens expects its Infrastructure& Cities business, which has been hit by project delays and restructuring, to reach its profitability target this financial year, it said on Wednesday.
*Chinese regulator not saying why Qualcomm investigated. Nov 25- Qualcomm Inc said on Monday it faces an antitrust probe in China, sending its shares lower as investors worried the investigation could hurt the chipmaker's business in the fast-growing smartphone market.
*China key growth market for Qualcomm. Nov 25- Qualcomm Inc said China's price regulator has started an investigation of the mobile chipmaker under the Chinese Anti-Monopoly Law, sending the U.S. company's shares down 2.6 percent.
*GN Store Nord device links direct from iPhone to ear. GN Store Nord, headquartered in Ballerup, near Copenhagen, has a product it hopes will reach that demographic- famously averse to accepting the depredations of age- by taking the stigma out of wearing an aid.
Nov 22- U.S. companies' borrowing to spend on capital investment was unchanged in October, the Equipment Leasing and Finance Association said.
LONDON, Nov 19- Integrating an increasing supply of wind, solar and other variable sources of power onto the grid will require conventional plants to become more flexible. The question is whether coal-fired generators are up to the challenge.
PRAGUE, Nov 19- It had all the elements of a spy thriller: a convoy of cars with tinted windows, a Baroque castle outside the Czech capital, a clandestine meeting of senior politicians.
*Siemens CEO hold offs presenting strategy until May. BERLIN, Nov 7- New Siemens Chief Executive Joe Kaeser promised shareholders a big share buyback on Thursday, but asked for more time to produce a new strategy as he aims to steady the industrial giant after a boardroom battle.
*Siemens CEO says will hold off presenting strategy until May. BERLIN, Nov 7- Siemens' new Chief Executive Joe Kaeser promised on Thursday to buy back up to 4 billion euros worth of shares while asking investors for patience as he works out a strategy by May to close a gap with more profitable rivals.
FRANKFURT, Nov 1- Siemens' new chief executive Joe Kaeser faces pressure from shareholders to give a flavour of how he plans to reinvent the industrial giant to catch up with more profitable rivals when he presents annual results next week.
Oct 30- Qatar's sovereign wealth fund, one of the world's most prolific investors, is building a $1 billion holding in Bank of America, seeking to benefit from the U.S. economic recovery, the Financial Times reported, citing sources close to the plans.
HELSINKI, Oct 29- Nokia predicted a more profitable future for its NSN networks equipment and software unit on Tuesday, raising hopes for growth in what will be the Finnish firm's main business after its former flagship phones division is sold to Microsoft in the new year.
HELSINKI, Oct 28- Nokia's third-quarter results are expected to underscore dire conditions which prompted the company to sell its handset business to Microsoft, with analysts forecasting an 18 percent fall in net sales, according to a Reuters poll.
PARIS, Oct 27- Squeezed by thin margins and high debt, French companies will struggle to ramp up the investment spending on which President Francois Hollande's government is banking to underpin a fragile recovery.
STOCKHOLM, Oct 24- Ericsson's turnaround drive was thrown into doubt on Thursday as the world's biggest mobile networks maker missed third-quarter profit forecasts and said sales were coming under pressure in the United States and Japan.
Oct 22- U.S. companies borrowed less to spend on capital investment last month, the Equipment Leasing and Finance Association said. Washington- based ELFA, a trade association that keeps track of economic activity for the $725 billion equipment finance sector, said credit approvals totaled 77.3 percent in September, down from 79.1 the previous month.
NEW YORK, Oct 21- A U.S. judge has thrown out a lawsuit accusing Germany's Siemens AG of funneling kickbacks to Chinese and North Korean hospital officials, narrowing the ability of plaintiffs to use U.S. courts to sue over conduct outside the country.