Siemens AG (SI) to Slice More Jobs at Osram, Eyes $1.3B in Savings
- Futures dip as focus turns to Fed meeting
- BOJ hikes interest rates for first time in 17 years, to remain accommodative
- Buy the dip in US stocks in case of a 'rate shock' - Goldman
- Shares dip, yen slides as BOJ's landmark policy shift draws eyes
- Nvidia unveils Blackwell, AI chip 'to power this new industrial revolution'
- Canoo Inc. (GOEV) Provides Update on $62M Share Pre-Paid Advance Agreement
- Super Micro Computer (SMCI) Announces Proposed 2M Share Offering
- StoneCo (STNE) Tops Q4 EPS by 33c
- JOANN Inc (JOAN) Enters Agreement to Reduce Debt and Receive $132 Mln in New Capital
- Cisco Systems (CSCO) Completes Acquisition of Splunk (SPLK)
Siemens AG (SI) Proposes to Spin-Off 80.5% of Osram Stake
November 28, 2012 11:38 AM ESTThe Supervisory Board and Managing Board of Siemens AG (NYSE: SI) intend to propose to the Annual Shareholders Meeting a spinoff of 80.5 percent of Osram activities followed by Osrams public listing. In course of this transaction, Siemens shareholders are to receive one Osram share... More