- Siemens (OTCPK:SIEGY) will confirm its full-year forecasts when it reports quarterly results in May, a senior company source told Reuters.
- "Business is running exceptionally stably, according to plan," the source said.
- The person also added that Siemens saw no prospect of having to write down U.S. oilfield equipment maker Dresser-Rand (NYSE:DRC) (which it agreed to buy for $7.6B) despite the steep drop in oil prices since the deal was struck last year.
Siemens to stick to profit forecast; no writedown on DRC
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