MARKET REPORT: Renishaw 'still a target' in Footsie feeding frenzy
The stock tumbled more than 8% in early trading after Siemens said 'it does not intend to make an offer' amid speculation it was about to swoop.
Source: thisismoney.co.uk
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MARKET REPORT: Renishaw 'still a target' in Footsie feeding frenzy
The stock tumbled more than 8% in early trading after Siemens said 'it does not intend to make an offer' amid speculation it was about to swoop.
Source: dailymail.co.uk
WindAction | Siemens Energy's faulty wind turbines become Germany's problem
For Siemens Energy, the issues have steadily ballooned since the Gamesa takeover, which was troubled from the get-go. While Siemens was active in offshore wind power since 2004, it had little experience with onshore turbines. Corporate cultures clashed as the wind industry slid into a difficult phase it's not yet emerged from amid cut-throat competition. To combat rivals like Denmark's Vestas Wind Systems A/S, Siemens Energy rushed out a new onshore wind turbine, the 5.X. This proved disastrous with the device prone to breaking down because major components twist over time. ...
Source: windaction.org
Siemens Energy's faulty wind turbines become Germany's problem
The history of Siemens is the history of electricity. After Werner von Siemens set up shop in a Berlin workshop in 1847, his improved design for the electric telegraph won him the contract to build E...
Source: theday.com