The Latest Breaking News from SIEGY

The industrial sector is well-positioned for solid growth and expansion, propelled by technological advancements, the robotics revolution, and diversified demand. Thus, quality industrial automation stocks RTX Corporation (RTX), Siemens Aktiengesellschaft (SIEGY), and Eaton Corporation (ETN) could be ideal buys for the robot revolution. Read on.

Reindustrialization efforts create enormous opportunities for industrial stocks as sectors are driven by massive government investment. Amid this backdrop, you might keep an eye on fundamentally strong industry stocks like Siemens Aktiengesellschaft (SIEGY), Southern Copper Corp (SCCO), and TE Connectivity (TEL). Continue reading….

The industrial sector is benefiting from the boost in domestic manufacturing, increased use of advanced technology, favorable government initiatives, and rising infrastructure spending. Therefore, it could be wise to invest in fundamentally strong industrial stocks Siemens (SIEGY), Vale S.A. (VALE), and Vontier (VNT). These stocks are rated A (Strong Buy)…

The industrial sector is enjoying a wave of prosperity driven by favorable legislation, heightened investment in the manufacturing and construction industry, and a technological evolution stimulating innovations. Given this backdrop, quality industrial stocks Siemens Aktiengesellschaft (SIEGY), EMCOR Group (EME), and Karat Packaging (KRT) could be solid buys in 2024. Read…

With legislative support, increased construction investments, and technological advancements, the industrial sector is witnessing rapid growth. Hence, it could be wise to invest in Siemens (SIEGY), Installed Building Products (IBP), and Konica Minolta (KNCAY), all of which are making significant market impacts this month. Keep reading….

The industrial sector is anticipated to sustain steady growth amid urbanization, infrastructure development, and adoption of advanced technologies. Against this backdrop, it could be wise to buy fundamentally strong industrial stocks Siemens Aktiengesellschaft (SIEGY), Owens (OC), and Curtiss-Wright (CW). Keep reading.

Clearlake Capital Group, L.P. has agreed to sell Brightly Software, Inc. to Siemens AG (OTC:SEIGY) for $1.875 billion, with $1.575 billion upfront cash consideration and $300 million in cash earn-out payments. Brightly is a software-as-a-service provider of cloud-based enterprise asset management and facility operations management and was acquired by Clearlake in June 2019.…

Siemens AG (OTC:SIEGY) plans to invest $54 million in existing and new sites in Texas and California that develop electrical equipment for critical infrastructure systems, including EV charging, data centers, and industrial installations. The investment also encompasses a soon-to-be chosen manufacturing location for EV charging equipment, spurring domestic manufacturing of Level 2 charging.…

Siemens AG (OTC:SIEGY) reported first-quarter FY22 revenue growth of 17% year-on-year to €16.5 billion. Orders rose 52% Y/Y to €24.2 billion. Orders increased 42%, and revenue rose 9% on a comparable basis. Profit Industrial Business increased 12% Y/Y, to €2.5 billion, and the corresponding profit margin came in at 15.7% (Q1 2021: 16.5%). The basic…