Tag: Union Investment
Seven years of Bayer CEO in seven graphics
Bayer CEO Werner Baumann On Tuesday he presented his last year’s balance sheet as CEO of Bayer. (Photo: Sepp Spiegl) Dusseldorf Bayer boss Werner Baumann refrained from big parting words…
Pre-tax profit at 1.8 billion euros
Headquarters of DZ Bank in Frankfurt’s Westend Tower For the current year, the DZ Bank Group expects a result of 1.5 to 2 billion euros. (Photo: dpa) Frankfurt The cooperative…
The new stock trend: Cheaper is better
bull and bear The so-called bulls rely on rising prices on the stock market (Photo: Getty Images) Frankfurt It’s been a pretty dreary start to the new week for tech…
The split relationship with investors
But the reaction on the capital market was anything but friendly: with a minus of more than five percent, the share was by far the biggest loser in the Dax…
Chemical group BASF also shuts down plants
BASF plant in Ludwigshafen The chemical company will probably shut down ammonia production here. (Photo: obs) Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs…
Chemical company also shuts down plants
BASF plant in Ludwigshafen The chemical company will probably shut down ammonia production here. (Photo: obs) Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs…
Chemical company also shuts down plants
Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs and falling margins with an extensive savings program. In addition to the savings of 500 million…
Allianz continues to face major challenges
Munich, Frankfurt Despite a record profit last year, Allianz faces enormous challenges. “We have to make Allianz more resilient because there is an increasing number of external shocks that we…
Strategy chief Herweck becomes CEO of Schneider Electric
Munich Former Siemens strategy chief Peter Herweck will be the new CEO of Siemens’ major European competitor Schneider Electric. The change at the top opens a new chapter in the…
Federal government paves the way for Infineon to invest billions in Dresden
Berlin/Munich Nothing stands in the way of Infineon’s billion-euro investment in Dresden: the chip manufacturer’s supervisory board and board of directors have decided to start construction in the second half…
Union warns of breaking up the Bayer group
Bill Anderson, successor to CEO Baumann The controversial boss Werner Baumann will vacate the post this summer. The ex-pharmaceutical boss of Swiss rival Roche, Bill Anderson, is to take over…
Investors welcome demerger plans – but still have questions
Frankfurt The euphoria of Fresenius investors about a possible deconsolidation of the dialysis division Fresenius Medical Care (FMC) has subsided and the share turned negative on Friday. However, some fund…
Guidance raised – record figures for Siemens in the quarter
Munich After a strong start to the new fiscal year, Siemens boss Roland Busch has promised further growth to the shareholders who are pushing for further progress. “We take it…
After a record quarter, Siemens is raising its forecast for the full year
Munich After a strong first quarter, Siemens has raised its forecast for 2023. “It was a brilliant start to the new fiscal year for Siemens,” said CEO Roland Busch on…
After a record quarter, Siemens is raising its forecast for the full year
Siemens headquarters in Munich Business at the technology group continues to go well. Sales of software and digital services have also increased recently. (Photo: dpa) Munich After a strong first…
Change of boss – Bill Anderson succeeds Werner Baumann
William N Anderson The graduate chemical engineer succeeds Werner Baumann as CEO. (Photo: Reuters) Dusseldorf, Frankfurt Bayer AG will replace its CEO on June 1, 2023. The new boss will…
Change of boss – Bill Anderson succeeds Werner Baumann
William N Anderson The graduate chemical engineer succeeds Werner Baumann as CEO. (Photo: Reuters) Dusseldorf, Frankfurt Bayer AG will replace its CEO on June 1, 2023. The new boss will…
Siemens:: Investors are putting pressure on
Siemens in the balance sheet check For some investors, the transformation is not happening fast enough. Munich Siemens boss Roland Busch can step up to the shareholders at the annual…
Under pressure: shareholder attack against Bayer boss Baumann
Good morning, dear readers, BayerBoss Werner Baumann is facing uncomfortable weeks. According to financial circles, the activist investor Bluebell is gathering allies after joining the chemical and pharmaceutical company in…
Hedge funds explore Allianz against management
Bayer The chemical and pharmaceutical group is in the sights of investors who are demanding changes. (Photo: Reuters) Dusseldorf, Frankfurt A possible Alliance of influential investors challenges the Bayer Group’s…