UPDATE 3-Siemens aims for 30% stake in Siemens Energy after spin-off -sources [Reuters]
SIEMENS AG SPONS ADR (SIEGY)
NASDAQ:AMEX Investor Relations:
siemens.com/investor
Company Research
Source: Reuters
UPDATE 3-Siemens aims for 30% stake in Siemens Energy after spin-off -sources (Adds Siemens comment) By Arno Schuetze and Alexander H?bner MUNICH/FRANKFURT, March 9 (Reuters) - Siemens aims to keep a minority position in turbines maker Siemens Energy, which the German industrial conglomerate is spinning off later this year as it continues with a corporate restructuring, people close to the matter said. Siemens has been divesting its businesses one by one, avoiding the attention of activist investors who have sought the break up of other industrial giants such as Switzerland’s ABB and Germany’s ThyssenKrupp. Shares of such companies which operate across several different sectors often trade at a discount because they are more complex to run than those that focus on a single industry. Siemens plans to hand over about 70% of the shares in Siemens Energy while retaining roughly 30%, allowing it to deconsolidate the business, the people said. The company is working with Goldman Sachs, Deut
Show less
Read more
Impact Snapshot
Event Time:
SIEGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SIEGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SIEGY alerts
High impacting SIEMENS AG SPONS ADR news events
Weekly update
A roundup of the hottest topics
SIEGY
News
- Vestas Seeks to Hold Onto Higher Wind Power Prices [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Combined Heat and Power Market worth $39.2 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Siemens pension funds cuts Siemens Energy stake to below 10%, filing shows [Reuters]Reuters
- Siemens Government Technologies Names Elizabeth Larson as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Sight Machine for Siemens Industrial Edge Brings Manufacturing AI to Factory Automation Systems [Yahoo! Finance]Yahoo! Finance