LOSING STEAM: Industrial equipment maker Siemens AG said Tuesday that net profit fell 17 percent to euro1.46 billion ($1.89 billion) in the final quarter of 2011 due to delays in major wind-power and rail projects.
EUROPE DEBT IMPACT: CEO Peter Loescher said the result showed that troubles In financial markets from Europe's debt crisis "have left their mark on the real economy" through weaker demand.
WORLD VIEW: Siemens fortunes are a clue to demand in the global economy, since the company is active far beyond its German home ? in the U.S., Asia and the developing world.
philip rivers 11 11 11 meaning miracle berry billy crystal veterans day thank you veterans day thank you nigel tufnel day
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.