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(CHARTPOPPERS.COM, December 02, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Siemens (NYSE: SI)
The Consolidated Investment Analysis on Siemens (NYSE: SI) will be in particular interest to other competing companys within in its sector, such as Nokia Corp (NYSE: NOK), Ciena Corp (NASDAQ: CIEN) and General Electric Co. (NYSE: GE)
Siemens AG, an electronics and electrical engineering company, operates in the industry, energy, and healthcare sectors worldwide. In the industry sector, the companys portfolio ranges from industry automation and drives products and services to building, lighting, and mobility solutions and services, as well as includes system integration and solutions for plant business.
Recent News on Siemens (NYSE: SI)
Nokia Siemens Networks will object in U.S. bankruptcy court to Ciena Corp's (CIEN.O) $769 million bid for Nortel's optical networking and carrier ethernet business, and is ready to raise its offer to $810 million in cash, the company said on Tuesday.
U.S. networking gear maker Ciena trumped an offer by Nokia Siemens and its financial partner, One Equity Partners, on Nov. 22 in a three-day auction with an offer of $530 million in cash and $239 million in debt. [ID:nN22395163]
The U.S. Bankruptcy Court for the District of Delaware will decide whether to approve the deal on Wednesday.
"Along with our expert advisers, we continue to believe that the convertible notes offered by the competitive bidder carry significant risk and should not be valued the same as cash," said Nokia Siemens spokesman Barry French.
To fund the debt portion, Ciena plans to issue $239 million in the form of convertible notes due June 15, 2017, at an interest rate of 6 percent to 8 percent.
Nokia Siemens, a 50-50 joint venture of Nokia (NOK1V.HE) and Siemens (SIEGn.DE), joins one of Nortel's largest creditors, private equity firm MatlinPatterson, in objecting to the Ciena deal.
Last week, the private equity firm filed a limited objection in court, saying Nokia Siemens' offer exceeded the cash component of Ciena's offer by $200 million.
To view the Consolidated Investment Analysis on Siemens (NYSE: SI) Please visit the stock pulse page at www.chartpoppers.com/stock%20pulse/
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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