UPDATE 1-Siemens cautious after Q2 sales, profit fall

Newswire

(Adds details, Alstom talks, background) By James Mackenzie BOURNEMOUTH, England, April 24 (Reuters) - Siemens said on Thursday many of its businesses were on track for 2003 targets but cautioned about slow spending in major markets after posting a fall in second quarter profit and sales. The German industrial giant posted second quarter net profit of 568 million euros ($622.1 million), down from 1.28 billion a year earlier, when the group booked a gain of 604 million euros from ...

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