Siemens AG


  • Siemens supervisory board chairman Gerhard Cromme is considering selling some of the company's businesses in a bid to increase share value and thwart any threats of a hostile takeover, Der Tagesspiegel said, citing board sources.

  • Siemens Taps Merck Executive As New CEO Sunday, 20 May 2007 | 1:07 PM ET

    The supervisory board of German engineering conglomerate Siemens announced Sunday it has tapped Peter Loescher as its new CEO as the company struggles to improve an image tarnished by corruption.

  • German Court Convicts Former Siemens Officials Monday, 14 May 2007 | 9:15 AM ET

    Two former Siemens officials were convicted Monday of bribery and assisting bribery for their involvement in multimillion-dollar payments to officials at an Italian utility.

  • Foreign stocks have outpaced the U.S. for the past five years. But analysts say investors can still find good opportunities in select foreign companies and U.S. multinationals that do substantial business overseas.

  • A Bundesliga Own Goal? Thursday, 26 Apr 2007 | 5:46 AM ET

    When the owners of football teams want the best performance, they hire the best managers. When the team is failing the manager gets sacked.

  • Siemens Says to Raise Targets After CEO Resigns Thursday, 26 Apr 2007 | 2:44 AM ET

    German industrial conglomerate Siemens will set higher profitability targets for most of its businesses to reach by 2010, it said on Thursday, a day after Chief Executive Klaus Kleinfeld resigned.

  • Siemens CEO Resigns, Leadership Vacuum Grows Wednesday, 25 Apr 2007 | 11:52 AM ET

    Siemens Chief Executive Klaus Kleinfeld will leave the scandal-hit group when his contract expires at the end of September, the company said on Wednesday, deepening its leadership crisis.

  • Sudden Death Tuesday, 24 Apr 2007 | 7:17 PM ET

    If we've said it once, we've said it a thousand times - this is a booyah-free zone! Two callers made the cut today. Here's what Cramer had to say about their picks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Outgoing Siemens Chair Holding Head High Sunday, 22 Apr 2007 | 10:40 AM ET

    Siemens' outgoing supervisory board chairman, who is departing amid corruption scandals at the company, said in an interview published Sunday that he knew nothing about alleged improper payments during his time at the helm and is leaving with his "head held high."

  • Siemens Chairman to Step Down Amid Corruption Scandal Thursday, 19 Apr 2007 | 7:14 PM ET

    The board chairman of German industrial giant Siemens said Thursday he was stepping down and hoped that a successor could steer the scandal-plagued company into "calmer waters."

  • Nokia Siemens Networks, which began operations on April 1, said Monday it expects "very slight" market growth in 2007, downgrading earlier estimates by the two companies that formed the joint venture.

  • Siemens Board Member Arrested in Probe Tuesday, 27 Mar 2007 | 8:47 AM ET

    A board member of Siemens was arrested Tuesday in connection with an investigation of alleged payments to the head of a tiny labor union, the company said.

  • Ex-Siemens Managers Deny Bribery But Admit Payments Tuesday, 13 Mar 2007 | 11:58 AM ET

    Two former managers of German industrial group Siemens denied charges of breach of trust and bribery but acknowledged making payments to employees of Italy's Enel to secure gas-turbines contracts.

  • Health insurer UnitedHealth Group  said on Monday it would acquire Sierra Health Services  for $43.50 per share to help it expand in the fast-growing U.S. Southwest.

  • Siemens Nears Deal to Buy UGS for $3.5 Billion: Reuters Wednesday, 24 Jan 2007 | 5:49 PM ET

    Siemens is close to a deal to buy business software maker UGS for about $3.5 billion, including debt, two sources familiar with the situation said on Wednesday.

  • IBM, Siemens Land $9.3 Billion German Military Deal Thursday, 28 Dec 2006 | 10:07 AM ET

    The project, codenamed "Herkules," foresees the modernization of the administrative information technology system and of communication networks for the German armed forces, the Bundeswehr.