(Reuters) - FRANKFURT, July 25 - Siemens' new chief
executive promised speedy and far-sighted changes after
announcing an 11.4 billion euro disposal, a $7
billion acquisition and weak quarterly results on Wednesday.
Shares in the German group plunged 7 percent after Siemens
disappointed on both top and bottom lines with its third-quarter
results. It gave no clear reasons after rivals General Electric
and Alstom reported booming demand.
Read more at Reuters.com Market News
executive promised speedy and far-sighted changes after
announcing an 11.4 billion euro disposal, a $7
billion acquisition and weak quarterly results on Wednesday.
Shares in the German group plunged 7 percent after Siemens
disappointed on both top and bottom lines with its third-quarter
results. It gave no clear reasons after rivals General Electric
and Alstom reported booming demand.
Read more at Reuters.com Market News
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