Siemens stock price rises after Copenhagen driverless train deal as earnings week looms
Siemens shares rose 2.45% to 250.50 euros Friday after its Mobility unit and a Stadler-led group secured a 3 billion euro contract to supply automated trains for Copenhagen. The deal covers 226 trainsets, with service running through 2040. Siemens will report first-quarter results and hold its annual meeting on Feb. 12, with a proposed 5.35 euro dividend per share on the agenda.