UPDATE 3-Siemens promises changes after weak Q3, VDO sale

Newswire

(Releads with CEO comments from conference call) By Georgina Prodhan, European Technology Correspondent FRANKFURT, July 25 (Reuters) - Siemens' new chief executive promised speedy and far-sighted changes after announcing an 11.4 billion euro ($15.7 billion) disposal, a $7 billion acquisition and weak quarterly results on Wednesday. Shares in the German group plunged 7 percent after Siemens disappointed on both top and bottom lines with its third-quarter results. It gave no clear ...

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