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General Electric (GE) stock is falling Thursday following reports that Siemens (SI) has had productive talks with the French government regarding its bid for Alstom's energy business.
GE's (GE) offer to buy Alstom's turbines and grid business was supported by the French energy minister despite threats of government intervention with the deal made by the France's industrial minister.
Siemens Healthcare Diagnostics and the American Society for Clinical Pathology (ASCP) have awarded a combined $180,000 in scholarships to the nation’s top undergraduate and graduate medical laboratory students for ...
But the president says the nation won't prejudge the outcome of a potential takeover battle with GE.
Shares of Siemens (SI) are higher as the German engineering firm unveiled a restructuring in a move to catch up with more profitable competitors.
Siemens no longer wants to look like GE, but before it can proceed it needs to deal with a GE takeover bid in an industry it wants to pursue.
France's Alstom on Wednesday underlined the extent of the woes that have made it a target for General Electric and Siemens, unveiling declining full-year orders, tumbling earnings and a large rise in net debt.
Germany's Siemens AG has agreed to buy $1.7 billion worth of power-generation assets from London-based Rolls-Royce Holdings and plans to spin out its hearing-aid division as recently arrived CEO Joe Kaeser implements his vision for the massive Munich engineering company.
U.S. stock futures slip ahead of congressional testimony from Federal Reserve Chairwoman Janet Yellen; Alibaba files for a U.S. IPO; Tesla to report earnings; Disney profit tops estimates.
General Electric (GE) is down after facing opposition from the French government to its $17 billion takeover of Alstom's energy assets.
Underscoring growing customer confidence in the valuable benefits Siemens Energy can provide with its flexible, longer term wind service agreements, the company has been awarded 10-year wind service agreements ...
Today, Siemens Energy announced a major wind turbine and service order in Canada at the AWEA WINDPOWER tradeshow in Las Vegas.
To continue our discussion, here's the outlook for renewable energy and batteries.
Cobra Energia has awarded Siemens Energy another order to expand its onshore wind power fleet in Peru by 97 megawatts (MWs).
Alstom's board initially approves a deal that would see the sale of Alstom's energy business to the American power giant over the wishes of some in the French government.
France's Alstom on Wednesday gave its tentative approval to General Electric's binding $13.5 billion offer for its power unit but said a deal may have to wait until the end of May, leaving Siemens time to conduct due diligence and make a rival bid.
Shares of Siemens (SI) are up 2.48% to $132.15 in pre-market trade today as the technology company said it will make an offer to Alstom if the France-based manufacture of transport and energy infrastructure agrees to give Siemens access to the company's data room and permission to interview the management.
General Electric's $17 billion bid for the energy business of France's Alstom dominates the news Wednesday. European market are mixed.
Sources say the French conglomerate prefers a $13 billion cash bid from General Electric for its energy unit over the challenger, assets-based offer.
U.S. stock futures rise; AstraZeneca shares soar on renewed interest from Pfizer; Siemens comes between GE-Alstom deal; a flaw is discovered in Internet Explorer; Herbalife to report earnings.
Growing tensions in Ukraine cast a pall over Europe and Asia on Monday but the pharmaceuticals industry delivers more strong medicine and markets in Europe are recovering.
The government wants time to examine a separate offer from Siemens, the economy minister says.
Today, Siemens announced nearly $660 million of in-kind software grants for manufacturing programs at vocational high schools, technical community colleges and universities throughout Massachusetts.
Siemens Healthcare and the National Kidney Foundation (NKF) announced today a new strategic alliance focusing on education, awareness and screening for kidney disease in high-risk individuals.
The Siemens Industry Sector and McAfee, a division of Intel Security, are extending their partnership to enhance the security offerings for industrial customers to protect against rapidly evolving global cyber threats.
China's state-owned nuclear plant contractors are challenging the industry's global leaders.
There has been a flurry of mergers but the pendulum could be swinging back the other way as nations turn locally and spurn U.S. vendors because of NSA spying.
Siemens Hearing Instruments, Inc. today announced partnerships with the Pediatric Brain Tumor Foundation (PBTF) and Cancer Care® to bring top-of-the-line hearing aids and audiology services to cancer patients ...
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