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Top related persons:
Chris Helgren - 1 Siemens Gamesa - 1 WirtschaftsWoche - 1 Morgan - 1 Matthias Inverardi - 1 Christian Kraemer - 1 Alexander Huebner - 1 Vera Eckert - 1
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Vancouver , British Columbia Canada BERLIN Berlin
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Siemens Energy - 1 REUTERS - 1 Companies Company - 1 Siemens - 1 Siemens AG - 1 Reuters Graphics Reuters - 1 Spiegel - 1 European Commission - 1

Search resuls for: "Power Engineering"


2 mentions found


☆ Siemens Energy shares slide 39% after company seeks guarantees from German govt
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +4 min
The logo of energy technology company Siemens Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. The weekly said Siemens Energy is seeking up to 15 billion euros in guarantees. Siemens remains an anchor investor in Siemens Energy, retaining a 25.1% stake. The government was ready to help Siemens Energy while stakeholders also will have to play their role, they said. J.P. Morgan said in a note that the energy transition will require substantially higher rates of investments, which will bring commercial opportunities for Siemens Energy and sector peers.
Persons: Chris Helgren, Siemens Gamesa, WirtschaftsWoche, Morgan, Matthias Inverardi, Christian Kraemer, Alexander Huebner, Vera Eckert, Friederike Heine, Miranda Murray, Sabine Wollrab, Rachel More, Jan Harvey, Susan Fenton Organizations: Siemens Energy, REUTERS, Companies Company, Siemens, Siemens AG, Reuters Graphics Reuters, Spiegel, European Commission, Siemens Gamesa, Thomson Locations: Vancouver , British Columbia, Canada, BERLIN, Berlin
☆ Goldman Sachs says these 8 beaten-up stocks will turn profitable this year — and outperform the market
  + stars: | 2023-03-03 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +2 min
Goldman Sachs has named eight global stocks of companies that will become profitable this year and beat the broader market. In a new research report, the investment bank found that companies that transition from unprofitable to profitable during a market recovery typically outperform the broader market. Goldman Sachs also said stocks of European companies undergoing this transition are already showing signs of outperformance against the Stoxx 600 by 6%. Pan-European classifieds operator Adevinta and Swiss solar power engineering firm Meyer Burger are also expected to turn profitable this year. However, Goldman cautioned that the bank isn't certain the market has reached its bottom, and the trend applies only in a market recovery scenario.
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