Peter Loescher

                   
earthtimes.org: Munich - Massive restructuring costs and efforts to root out corruption combined to drive German engineering giant Siemens into the red during the final quarter of the 2007-08 business year. The company posted a net loss of 2.4 billion euros (3 billi... earthtimes.org

Siemens In For The Longhaul

forbes.com
14-Nov-2008 59 related
        

Javier Espinoza and Miriam Marcus, 11.14.08, 03:50 AM EST The company's quarterly loss looks less of a problem when it has the stability of a large order backlog. It looks like prudent guidance will help keep German engineering...

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Siemens says meeting '09 goals is demanding

reuters.com
13-Nov-2008
        

on Thursday said the global credit crunch had made it more challenging for the company to achieve its 2008/2009 financial goals, but added it would retain them given its healthy level of new orders. Chief Executive Peter...

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Germany sinks into recession

theage.com.au
13-Nov-2008 327 related
        

The German economy, Europe's largest, contracted more than economists expected in the third quarter, pushing the nation into the worst recession in at least 12 years. "The German recession has begun in earnest and it's very...

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Glance-STOCKS NEWS EUROPE-Infineon slides after U.S. peer's warning

finanznachrichten.de
13-Nov-2008 18 related
        

STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 09:20GMT 13Nov2008-Infineon falls, after U.S. peer Intel's warning Shares in German chipmaker Infineon fall 2.8 percent to 2.24 euros, making it the top...

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Siemens picks first woman for top management post

finanznachrichten.de
12-Nov-2008
        

FRANKFURT, Nov 12 (Reuters) - Siemens named Barbara Kux to its management board on Wednesday, making her the first senior woman executive in the German conglomerate's 160-year history, as well as the first among German blue...

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Siemens sets aside €1bn for US bribery fine

guardian.co.uk
05-Nov-2008 2 related
        

Siemens is to take a €1bn (£0.8bn) charge this year to cover any settlement it reaches in far-reaching bribery cases, the German engineering group said today."This current estimate is based on the status of ongoing discussions...

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Siemens sets aside 1 billion euros for corruption-related fines

marketwatch.com
05-Nov-2008 20 related
        

German industrial conglomerate Siemens AG on Wednesday said it will set aside about 1 billion euros ($1.3 billion) to pay for possible settlements in relation to ongoing corruption investigations at the company.

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cio-today.com: Fujitsu To Buy Siemens cio-today.com

Fujitsu To Buy Siemens' Stake in PC Maker

cio-today.com
04-Nov-2008 24 related
        

By Maria Marquart Siemens has been contemplating a sale of its half in the joint venture at least since August. Chief Executive Peter Loescher said then that the company was in talks with Fujitsu about the fate of the unit,...

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toptechnews.com: Fujitsu To Buy Siemens toptechnews.com

Sources: Fujitsu to buy Siemen's stake in PC maker

iht.com
03-Nov-2008 73 related
        

Industrial conglomerate Siemens AG is poised to sell its 50-percent stake in the joint venture Fujitsu Siemens Computers to Japan's Fujitsu Group, two people familiar with the deal told The Associated Press on Monday.

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Fujitsu buyout of Siemens stake is 'imminent'

theregister.co.uk
31-Oct-2008 1 related
        

Maybe next week Fujitsu may buy out the Siemens half share in their Fujitsu Siemens Computers (FSC) joint-venture for half a billion dollars and sell off the PC and retail side of the business to Lenovo.…

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