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SeekingAlpha ETFs (Free subscription) | 11/18/2009
Michael Johnston submits: Wheaton, Illinois-based First Trust , a leading issuer of intelligent indexes, has plans to launch the first ETF focusing exclusively on the grid and electric energy infrastructure sector. The First Trust NASDAQ CleanEdge Smart Grid Infrastructure Index Fund will trade on the NASDAQ Exchange under the ticker GRID and will charge an expense ratio of 0.70%. In order to be eligible...
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Climateer Investing (Free subscription) | 11/17/2009
From Index Universe : ...The First Trust Nasdaq Clean Edge Smart Grid Infrastructure Index Fund (Nasdaq: GRID) will track the Nasdaq OMX Clean Edge Smart Grid Infrastructure Index, which is a modified market capitalization index, comprises companies involved in electric grid, meters, devices and network, energy storage and management, and sector-related software. Started in September, the index holds...
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Market Watch (Free subscription) | 10/21/2009
SAN FRANCISCO (MarketWatch) -- SAP AG said Wednesday that Siemens AG has renewed its maintenance support services contract with the corporate software company for three years. In September, analysts had speculated that Siemens could possibly not renew the contract. SAP also said that Siemens has expanded its strategic relationship with the company by selecting its supplier relationship management...
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PR News Wire (Free subscription) | 10/21/2009
MUNICH, Oct. 21 /PRNewswire-FirstCall/ -- SAP AG (NYSE: SAP) today announced that Siemens AG, a global leader in electronics and electrical engineering, has expanded its strategic relationship with SAP through its selection of the SAP® Supplier Relationship Management (SAP SRM) application for Siemens' worldwide e-procurement operations. Also announced was the completion of Siemens' contract renewal...
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Climateer Investing (Free subscription) | 09/22/2009
We left part I with Mr. Immelt saying: The interaction between government and business will change forever. In a reset economy, the government will be a regulator; and also an industry policy champion, a financier, and a key partner […] I think this environment presents an opportunity of a lifetime.... Here's the headline story from Bloomberg: General Electric Co. and BP Plc are demanding governments...
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Market Wire (Free subscription) | 09/22/2009
GALWAY, IRELAND (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Carbon capture and storage (CCS) pilot projects are moving ahead in Germany with the announcement by E.ON AG (OTC: EONGY) (Dusseldorf, Germany) and Siemens AG (NYSE: SI) (Munich, Germany) that the pilot CO2-capture plant near E.ON's Staudinger power plant, near Hanau, has started operation. Already proven in...
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Business Wire (Free subscription) | 09/09/2009
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NTT DoCoMo (NYSE: DCM), Alcatel-Lucent (NYSE: ALU), LM Ericsson AB (Nasdaq: ERIC), Nokia Corp. (NYSE: NOK) and Siemens AG (NYSE: SI). Get...
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iStockAnalyst.com (Free subscription) | 08/28/2009
Wipro Technologies, the IT services business of Wipro Ltd. (WIT) announced that it has entered into a five year agreement with BP Plc. (BP) to provide IT Applications Development and Maintenance services for BP’s Fuels Value Chain and Corporate businesses across the globe. Endo Pharmaceuticals (ENDP) signed an agreement with UK-based ProStrakan Group Plc to acquire exclusive rights to commercialize...
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People Daily (Free subscription) | 08/27/2009
German industrial conglomerate Siemens AG bought majority stakes in two small Chinese metal companies on Wednesday. Siemens, based in Munich, said its energy division acquired the majority stakes in two metal companies based in Hangzhou, Zhejian gprovince. One is Yangtze Delta Manufacturing, a metalworking company, and the other is aluminum foundry GIS Steel&Aluminum Products, according to local...
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San Diego Union (Free subscription) | 07/30/2009
German conglomerate Siemens AG said Thursday net profit for its fiscal third quarter fell 7 percent as the global recession hurt the company's industrial equipment and health care sectors, prompting it to announce some 1,600 job cuts across Europe.
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Seattle Post-Intelligencer (Free subscription) | 07/30/2009
FRANKFURT -- German conglomerate Siemens AG said Thursday net profit for its fiscal third quarter fell 7 percent as the global recession hurt the company's industrial equipment and health care sectors, prompting it to announce some 1,600 job cuts across Europe.
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