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More on Siemens (SI) FQ4: Expects net profit from continuing ops to fall to €4.5B-€5B...

  • Thursday, November 8, 2012, 3:52 AM ET
    More on Siemens (SI) FQ4: Expects net profit from continuing ops to fall to €4.5B-€5B in FY 2013 from €5.18B last year, due to about €1B of costs from its savings program and the effect of plans to change its accounting standards. Agrees to acquire Belgian industry software maker LMS International for €680M and sell water businesses with revenue of €1B a year.
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