UPDATE 1-Siemens sees weaker Q4 results as orders tumble


(Adds analyst comment, share reaction, details) By Sarah Knight FRANKFURT, July 24 (Reuters) - German electronic and engineering group Siemens AG said on Wednesday it expected fourth-quarter earnings to be weaker than the previous quarter amid a slump in new orders in the three months to June. The group said in a statement that orders fell 20 percent in the third quarter of its fiscal year, with its previously booming power station unit seeing a 50 percent slump. By 0842 GMT, Siemens ...

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