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Siemens Transfers 6.8% Stake of Siemens Energy to Its Pension Trust

By Pierre Bertrand Siemens said late on Wednesday that it has transferred 6.8% of its stake in Siemens Energy to the Siemens pension trust. The transfer to. ....

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Siemens to Boost Manufacturing Capacity With $2.17 Bln Investments

By Mauro Orru Siemens set out plans to invest 2 billion euros ($2.17 billion) to boost manufacturing capacity this year, pledging to develop a high-tech. ....

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Germany Is Cooling. 3 Stocks to Play.

Germany’s industrial machine, diminished or not, still offers attractive names like Siemens, SAP, and Deutsche Telekom. ....

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Tech Exodus From China Accelerates. These Emerging Markets May Benefit.

Potential beneficiaries of a move to expand tech production stretch from Mexico to Poland, Malaysia and Vietnam. ....

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Siemens Energy Stock Tumbles as GE Sues Rival Over Alleged Trade Secrets Theft

Siemens Energy
stock tumbled on Friday, after
General Electric
sued the German company over the alleged theft of trade secrets it claims were used to win contracts worth billions of dollars.
Shares in the company, a spinoff of
Siemens
that listed in September last year, were 6.3% lower in early trading. Despite the fall, the stock has still risen 44% since its listing.
The lawsuit, filed with a U.S. District Court in Virginia on Thursday, alleges that Siemens Energy obtained the U.S. giant’s trade secrets when both companies were competing over a gas turbine contract for Virginia-based power utility ....

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