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UpTake News

News on UpTake (Ticker: SI) continually updated from thousands of sources around the net.

11 hrs ago | JD Supra

Be Careful Where You Whistle While You Work: Courts Impose Limits on...

The Dodd-Frank Wall Street Reform and Consumer Protection Act was heralded as providing whistle-blowing employees protection from retaliation by their employers.

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Related Topix: Industrial Machines, Siemens AG, Telecom

Wed Aug 20, 2014

Insurance Journal West

No Protection for Foreign Whistleblowers at Overseas Firms: Court

Foreign whistleblowers who work for overseas companies can't be protected from retaliatory firings for disclosing conduct that happens abroad, a federal appeals court held.

Comment?

Related Topix: Siemens AG, Industrial Machines, Telecom

Tue Aug 19, 2014

AmericanBankingNews.com

Siemens AG Raised to "Buy" at Goldman Sachs

Shares of Siemens AG traded up 0.44% on Tuesday, hitting $123.743. 73,306 shares of the company's stock traded hands.

Comment?

Related Topix: Industrial Machines, Siemens AG, Telecom

Mon Aug 18, 2014

JD Supra

Whistleblower Antiretaliation Provision Does Not Apply Outside the U.S.

The Court of Appeals for the Second Circuit recently ruled that the Dodd-Frank Act's prohibition on retaliation against whistleblowers does not apply extraterritorially.

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Related Topix: Second Circuit Court of Appeals, US News, Siemens AG, Securities and Exchange Commission, Corporate / Securities Law, Law

Mass Transit

Hurber+Suhner Supplies Inter-Vehicle Jumper Systems for Austrian Federal Railways

Hurber+Suhner's Radox inter-vehicle jumper systems are now being used to equip Austria's new state-of-the-art local and regional trains.

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Related Topix: Industrial Machines, Siemens AG, Telecom

Thu Aug 14, 2014

Business Insurance

No U.S. whistleblower protection for noncitizen working abroad for non-U.S. firm

The Dodd-Frank Wall Street Reform and Consumer Protection Act's whistleblower provisions do not protect a noncitizen working for a foreign company on foreign soil, even if the company does sell its shares on the New York Stock Exchange, an appeals court ruled Thursday in a victory for Munich-based Siemens A.G. Meng-Lin Liu, a citizen and resident ... (more)

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Related Topix: Siemens AG, Industrial Machines, Telecom, Siemens, Second Circuit Court of Appeals, US News

Wed Aug 13, 2014

Business Journal

Austin software maker buys Swedish project management company

The deal is expected to expand Planview's offerings in the portfolio and resource management market, according to a company statement issued Wednesday.

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Related Topix: Financial Services, Industrial Machines, Telecom, Siemens AG, Banking, Citigroup

Thu Aug 07, 2014

The Washington Post

Dresser-Rand Said to Hire Morgan Stanley to Prepare for Bids

Dresser-Rand Group Inc., the U.S. maker of oilfield equipment, is working with Morgan Stanley to prepare for possible takeover bids from companies including Siemens AG, people with knowledge of the matter said.

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Related Topix: Stanley, Investment Banking, Morgan Stanley European Fund, Financial Services, Morgan Stanley, Siemens AG

Business Journal

MongoDB CEO Max Schireson quit because - gasp - he misses his kids

Max Schireson, left his post as CEO of MongoDB to spend more time with his family.

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Related Topix: Family, Kids, Beverages, PepsiCo

Wed Aug 06, 2014

Business Journal

Felicis Ventures raises new fund with an unusual promise to entrepreneurs

The UpTake: Felicis Ventures has raised $96 million for its fourth venture capital fund and is promising entrepreneurs it will bend over backward for them.

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Tue Aug 05, 2014

Neil Versel's Healthcare IT Blog

Cerner to buy Siemens health IT business for $1.3B

The next round of health IT consolidation is on. Today, Cerner confirmed the rumor that had been swirling for a couple of weeks, that it will acquire Siemens Health Services, the health IT business of Siemens AG, for $1.3 billion in cash.

Comment?

Related Topix: Siemens AG

Mon Aug 04, 2014

The Washington Post

Siemens Eyes Mexico Wind Market After Pena Nieto Draws Investors

Siemens AG, the biggest European engineering company, is considering opportunities in Mexican oil, gas and renewables industries after efforts by President Enrique Pena Nieto to open up the country's energy markets.

Comment?

Related Topix: Siemens AG, Industrial Machines, Telecom, Siemens, Chevron Corporation, Energy, Oil & Gas, Science / Technology

Business Journal

Elon Musk's Tesla could be epicenter of manufacturing renaissance

The UpTake: There's an emerging industrial ecosystem that is already growing up around Tesla in the Bay Area and nearby.

Comment?

Related Topix: Palo Alto, CA, Santa Clara County, CA

The Washington Post

Siemens $25 Billion Homegrown Bank Helps Promote Innovations

Siemens AG Chief Executive Officer Joe Kaeser is leaning on the manufacturer's 19 billion-euro financial services division as a tool to help fund nascent technologies and promote them with customers.

Comment?

Related Topix: Siemens AG, Industrial Machines, Telecom, Siemens, Alternative Energy, Renewable Energy (Green Energy), Energy, Science / Technology

Thu Jul 31, 2014

AmericanBankingNews.com

Siemens AG (SIEGY) Announces Quarterly Earnings, Misses Estimates By $0.27 EPS

Siemens AG posted its quarterly earnings results on Thursday. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.37 by $0.27, Analyst Ratings.Net reports.

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Related Topix: Industrial Machines, Siemens AG, Telecom

Business Journal

Is Tesla's Elon Musk secretly enjoying 'Gigafactory' mystery?

Elon Musk, billionaire, co-founder and chief executive officer of Tesla Motors Inc., shown here in London, is keeping U.S. states guessing so far about the location of the Tesla-Panasonic Gigafactory.

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Related Topix: Tesla Motors, Startups, California

Bloomberg

Siemens Beats Estimates as Revamp Starts to Pay Off

Siemens AG reported earnings that beat analyst estimates as a restructuring program at Europe's largest engineering company started to bear fruit and profit from factory automation and building technologies offset energy project charges.

Comment?

Related Topix: Siemens AG, Industrial Machines, Telecom, Siemens, Fairfield, CT

Tue Jul 29, 2014

Nine O'Clock

LMS Romania, the new Siemens Industry Software

Siemens Romania expands its local presence in the field of industrial software by becoming the sole shareholder of LMS Romania, the local company of LMS International, acquired by Siemens AG at global level at the end of 2012, a press release informs.

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Related Topix: Siemens AG, World News, Romania

Thu Jul 24, 2014

Business Journal

When entrepreneurs say 'tomayto' and investors say 'tomahto'

The UpTake: Sometimes when investors and entrepreneurs talk about a 'pitch' they're talking about two completely different things.

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