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Earnings: some pain, some gains for Siemens and Commerzbank

Thursday, May 09, 2019 - 01:38

Siemens was a top DAX gainer on Wednesday on better-than-expected industrial profits and a plan to spin off its struggling power business. But, as David Pollard reports, shares in another German giant, Commerzbank, stumbled after it posted a 54 percent drop in quarterly net profit.

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Siemens was a top DAX gainer on Wednesday on better-than-expected industrial profits and a plan to spin off its struggling power business. But, as David Pollard reports, shares in another German giant, Commerzbank, stumbled after it posted a 54 percent drop in quarterly net profit.

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Earnings: some pain, some gains for Siemens and Commerzbank

Thursday, May 09, 2019 - 01:38