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shareholders


Siemens Details Spinoff of Energy Business
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The parent of Siemens Energy on May 26 provided details of the planned spinoff of the company’s energy business, saying 55% of Siemens Energy will be spun off to Siemens’…


Power Sector CEOs Join Top Execs in Redefining Corporate Purpose

The list of 181 CEOs who earlier this week moved to publicly degrade shareholder value in a bid to redefine the “purpose of a corporation” includes several chief executives from…


Siemens Will Exit Power, Gas, Renewable Businesses

Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and…


NRG’s New Plan: Sell Assets, Change Focus, Raise Cash

NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy…