« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

More high-speed trains for Europe... 

By: oldCADuser in FFFT | Recommend this post (2)
Tue, 10 May 11 11:31 PM | 47 view(s)
Boardmark this board | Food For Further Thought
Msg. 29016 of 65535
Jump:
Jump to board:
Jump to msg. #

Siemens Gets Rail Order

Zacks Equity Research

Tuesday May 10, 2011, 2:55 pm

Germany's Deutsche Bahn has negotiated a purchase contract with Siemens AG (NYSE: SI) to immediately procure 130 ICx-dubbed high-speed trains according to an agreement valid until 2030 and plans to procure an additional 90 trains. The order value for the 220 trains equals to about six billion euros.

Bombardier Inc, an aircraft maker based in Canada, has received a contract of $3 billion from Siemens AG for making shells and other components for high-speed trains. The trains will be supplied to Germany’s Deutsche Bahn rail system.

For the full article, go to:

http://finance.yahoo.com/news/Siemens-Gets-Rail-zacks-1348285165.html?x=0&;




Avatar

OCU




» You can also:
« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next