Siemens (SI) Sees No Business Slowdown
February 22, 2008 by Douglas A. McIntyreSiemens (NYSE: SI) joins the short list of big companies which claim that they are seeing no weakness in their global businesses.
“It’s clear that we’re entering a phase of slowdown in the world,” Peter Loescher, 50, said in an interview with Bloomberg Television in New York today. “The impact for us as a company, we don’t see it yet.”
While Mr. Loescher may be from Germany, many CEOs at US companies may think he is from another planet.
Douglas A. McIntyre
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