Germany warn Siemens on Libya atomic deal - paper

(Reuters) - Germany's Environment Ministry and opposition Greens party have warned Siemens not to take part in a planned French nuclear deal with Libya, Handelsblatt reported.

French President Nicolas Sarkozy signed a memorandum of understanding for a nuclear energy deal with Libya during a visit there last week.


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Siemens says Continental paid best price for VDO

(Reuters) - U.S. car-parts maker TRW , which is majority owned by
Blackstone , had also been interested in buying the
business.




Earlier, Siemens announced it would sell VDO to Continental
for 11.4 billion euros .


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Continental CDS drop after VDO buy -traders

(Reuters) - "People now believe an LBO is far less likely," a trader
said.




Meanwhile, CDS on Siemens were 2 basis points tighter at 15
basis points, a second trader said.


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German DAX Benchmark Index Retreats; Led by Continental, TUI, Siemens

(Bloomberg) -- German stocks dropped, led by
Continental AG, TUI AG and Siemens AG.

The benchmark DAX Index lost 89.49, or 1.1 percent, to
7875.27 as of 9:10 a.m. in Frankfurt. The HDAX Index of the
country's 110 biggest companies also dropped 1.1 percent.


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Germany's DAX Index Increases; E.ON, Siemens, Bayer Lead Gaining Shares

(Bloomberg) -- German stocks advanced, led by E.ON
AG, Siemens AG and Bayer AG.

The benchmark DAX Index rose 77.52, or 1 percent, to 7758.28
as of 9:06 a.m. in Frankfurt. The HDAX Index of the country's 110
biggest companies climbed 1.1 percent.


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Germany's DAX Index Recovers Losses; Siemens, Infineon, Linde Increase

(Bloomberg) -- Germany's DAX Index rebounded, as
shares of Siemens AG, Infineon Technologies AG and Linde AG
advanced.

The benchmark DAX Index added 32.06, or 0.4 percent, to
7767.94 as of 4:08 p.m. in Frankfurt after losing as much as 0.9
percent earlier. The HDAX Index of the country's 110 biggest
companies climbed 0.4 percent.


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Merck's Loescher to be Siemens' first outsider CEO

(Reuters) - Siemens hopes Austrian-born Peter Loescher, a top U.S. healthcare executive who is relatively unknown in Germany, will restore the tarnished reputation of Siemens, which is battling multiple investigations into suspected bribery and corruption.




Current CEO Klaus Kleinfeld tendered his resignation last month after failing to receive clear backing from the supervisory board, which feared Kleinfeld could yet become implicated in the course of the investigations.


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