Melville Newswire

Melville Newswire

Comprehensive Real-Time News Feed for Melville, NY.

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  1. Siemens Sees Profit Rise Sharply in Final Quarter of 2015Read the original story w/Photo

    Jan 25, 2016 | ABC News

    Siemens AG, maker of trains, power turbines and medical machines, says net profit rose 42 percent in the company's most recent quarter compared with a year earlier. For the quarter, Siemens incoming orders rose sharply, and the company raised its profit estimate for all of 2016, saying it expected "moderate revenue growth" despite a slowing global economy and global trouble spots.

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