FEATURE-Siemens fights case for conglomerates

Newswire

By Sarah Knight FRANKFURT, Sept 23 (Reuters) - Germany's largest manufacturer needs to convince investors it can turn a tidy profit if it wants to become the General Electric of Europe. Siemens AG is regarded as a safe bet in the volatile technology industry thanks to its profit-spinning lighting and medical units, cash flow power and modest debts. Its shares are up about 20 percent on levels four years ago against telecom network gear peers such as Alcatel , Lucent and Nortel . It ...

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