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Siemens: Our Focus Is On Cost and Productivity

Thu 26 Jul 12 | 01:45 AM ET
Peter Löscher, CEO of Siemens, told CNBC, "We are sticking to our guidance but without any doubt the environment is getting more difficult and therefore we have to roll up our sleeves for the first quarter, you have indicated slowdown in order intake and headwinds in our short-cycle businesses."

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Earnings
 
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