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Siemens Quarterly Profit Declines on Charges, Slowing Demand
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Moneynews  | August 01, 2013

Siemens AG, which today promoted finance head Joe Kaeser to chief executive officer, said quarterly operating profit dropped 31 percent amid rising charges for failed train and solar energy projects. So-called sector profit from the main health care, industry, infrastructure and energy divisions f...
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