Siemens Energy shares fell for a second consecutive session on Monday, hit by a raft of target price cuts and rating downgrades in the wake of deeper-than-expected problems at its wind turbine division that emerged last week.
It share price was down 3.3% at 1252 GMT, at the bottom of Germany's blue-chip DAX
"We are now waiting for the full results of the analysis before drawing any further conclusions," a spokesperson for the company said in response to a query from Reuters.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top energy industry group grading presidential candidates' energy plansEXCLUSIVE: A top energy industry group is initiating an effort Monday to rank and grade presidential candidates on their policies related to energy and climate.
Read more »
Pertamina, Petronas aim to replace Shell in Masela project, Indonesia minister saysState energy firms Pertamina and Petronas plan to jointly take over Shell's participating interest in Indonesia's Masela gas project, the Indonesian energy minister said on Monday.
Read more »
Higher-speed Amtrak service between Chicago, St. Louis takes effect MondayNew higher-speed Amtrak schedules kick in Monday from Chicago to St. Louis and stops in between.
Read more »
Russia coup: Moscow mayor declares Monday a non-work day as Wagner forces advance toward cityThe mayor of Moscow has declared Monday to be a non-work day and advised residents to stay home as Wagner mercenaries near the capital city as part of a revolt against the Russian military.
Read more »
Risk premium tied to Russia coup attempt may arise when oil markets reopen MondayOil markets reopen Monday. Prices have been stagnant for well over a month, though...
Read more »
Press conference to be held Monday for missing Cleveland 15-year-oldThe Cleveland Family Center for Missing Children and Adults will be hosting a press conference Monday regarding
Read more »