Siemens Beats Estimates as Revamp Starts to Pay Off

... to acquire Alstom SA (ALO) 's gas turbine business this year lost out to a competing bid from GE. Should the Fairfield, Connecticut-based company's takeover offer be approved by regulatory authorities, it will increase its footprint in Siemens's ...



via Fairfield Newswire http://www.bloomberg.com/news/2014-07-31/siemens-profit-beats-estimates-helped-by-costs-cuts.html