Siemens AG News

The award was won by the Siemens H-Class gas turbine, which holds the world efficiency record at 60.75 percent in combined cycle duty.

At 14, Sam Lawrence talks about farming like an old-timer.The middle school student often works the family farm in Noble County decked out in jeans, plaid shirt, boots with spurs and a baseball cap.

Textron Inc. : AAI Test & Training, an operating unit of Textron Systems, a Textron company, announced that it has received a $7.7 million Advanced Boresight Equipment, ABE, award from the Defense Logistics Agency to provide 16 Model 310A ABE core test systems for the U.S. Air Force and Special Operations Command Bell Boeing CV-22 Osprey fleets.

The present stock market optimism is based on a very benign view of the world. The US economy continues to add jobs, although not as many as it should.

Raytheon Company : Government contractors such as Northrop Grumman and Booz Allen Hamilton cut expenses during Q4 in order to keep their profits high, according to The Washington Post.

Nokia Siemens Networks , Huawei Technologies Co. Ltd. , BT Group plc and Vodafone Group plc start our week of news snippets from the EMEA region.

Siemens is reported to be looking for a new CEO to take over at Nokia Siemens Networks, its joint venture with Nokia.

Price-to-earnings ratio is the most commonly used investment metric. The assessment of relative changes in PE ratio over the course of time highlights the low and high multiples investors are willing to pay for the current and future earnings of a company.

Siemens is on the look out for a new Chief Executive for its mobile phone network equipment joint venture unit Nokia Siemens Networks , Siemens supervisory board member Sibylle Wenkel said on Friday.

FRANKFURT, Germany -- The eurozone debt crisis took its toll on Germany's Deutsche Bank and its investment banking businesses, sending fourth-quarter net profits down 69 percent to euro186 million .

Erlangen, Germany, January 31, 2012 - The solar company Semprius, in which Siemens has invested as a strategic partner in June 2011, achieved a world record for photovoltaic module efficiency of 33.9 percent.

Finnish-German network equipment vendor Nokia Siemens Networks said Tuesday it will cut some 2,900 jobs in Germany, and up to 1,200 jobs in Finland, as part of its massive restructuring plan announced in November.

Erlangen, Germany, January 30, 2012 - Siemens Energy has secured its first wind turbine orders with a total capacity of 100 MW in Africa.

ABB Ltd., the world's largest maker of power-distribution equipment, agreed to buy Thomas & Betts Corp.

ABB of Switzerland is nearing a deal to acquire Memphis-based electrical components maker Thomas & Betts Corp.

Deutsche Bahn AG is negotiating with industrial conglomerate Siemens AG over compensation for the delay in the delivery of 16 ICE latest- generation trains, a spokesman for the German railway operator confirmed Monday.

Nokia Siemens Networks , eircom and ADVA Optical Networking start the week in today's trot through the EMEA telecom headlines.

Siemens AG announced that its Osram subsidiary has set a new efficiency record, developing a new organic LED that generates 32 lumens of light per watt, making it more efficient than a halogen lamp.

Alcatel-Lucent , Nokia Corp. and Nokia Siemens Networks are all in the mix for today's EMEA news bulletin.

Siemens ADR Representing 1 Ord Shs was downgraded by Argus from a "buy" rating to a "hold" rating in a research note issued on Friday.