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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (48912)7/26/2012 9:23:54 AM
From: E_K_S  Respond to of 78749
 
From the article:
..Siemens cut its earnings forecast from 6 billion euros in April after delays in linking up off-shore wind parks to Europe’s power grid resulted in charges. Its outlook contrasts with that of ABB Ltd. (ABBN), which today said it’s more optimistic about its targets than three months earlier.


I like both stocks (ABB & SI) but thought there may be a Europe slow down for several quarters. It seems like this shortfall is specific to SI not a European slow down.

I think I will look at ABB again with that in mind.

EKS


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