Popular News From Popular Sites: Siemens warns of challenges ahead for energy business

Wednesday, July 30, 2014

Siemens warns of challenges ahead for energy business

File photo of a Siemens logo on an office building of Siemens AG in Munich FRANKFURT (Reuters) - Germany's Siemens warned on Thursday that its energy business faced challenges in the coming quarters as it reported quarterly core profit that fell short of expectations. In the three months through June, operating profit from Siemens's four main businesses - Industry, Energy, Healthcare and Infrastructure & Cities - rose 37 percent to 1.74 billion euros (1.37 billion pounds), missing analyst consensus of 1.83 billion in a Reuters poll. ...




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