Despite Financial Gloom, Siemens Reports Earnings Increase
Wednesday, January 28th, 2009Despite the overall financial gloom, German engineering giant Siemens got off to a good start in the new year. The company reported an earnings increase Tuesday, Jan. 27, while expressing a bit of cautious optimism. Earnings for the first quarter climbed 7 percent from a year ago to 19.6 billion euros ($25.6 billion), the company [...]