Streetbeat News

SBGSY

Schneider Electric SE

https://www.schneider-electric.com/fr/fr/

CEO

Jean-Pascal Tricoire

Industry

Current-Carrying Wiring Device Manufacturing

Open

56.72

Mkt cap

159B

Volume

6.7K

High

56.92

P/E Ratio

37.75

52-wk high

56.92

Low

56.57

Div yield

0.01

52-wk low

39.14

Russian President Vladimir Putin has proposed a ceasefire in Ukraine, contingent on Ukraine withdrawing troops from four regions and abandoning plans to join NATO. Ukraine has rejected the proposal, calling it 'absurd.' Meanwhile, Ukraine faces an energy crisis due to Russian attacks on its utilities. DTEK, Ukraine's largest private energy investor, has partnered with U.S. companies Honeywell International Inc (NASDAQ:HON) and GE Vernova (NYSE:GEV) to restore its energy infrastructure.

Portfolio Pulse from Michael Juliano

June 14, 2024 | 7:18 pm

Last week saw significant gains for seven large-cap stocks, with United Airlines leading at a 21.79% surge after surpassing Q1 earnings expectations. UnitedHealth, Genuine Parts, Bentley Systems, Elevance Health, Progressive Corp, and Morgan Stanley also reported strong performances due to various positive financial results and strategic moves.

Portfolio Pulse from Lekha Gupta

April 21, 2024 | 10:14 pm

Schneider Electric SE is in preliminary discussions to potentially acquire Bentley Systems Inc, with the deal possibly exceeding $15 billion. Bentley Systems, known for its engineering software, confirmed Schneider Electric's public statement about the merger talks. The merger could see Schneider's software business combine with Bentley, making it a significantly larger publicly traded entity. Schneider Electric aims to enhance its industrial software portfolio to compete with Siemens AG and Rockwell Automation Inc.

Portfolio Pulse from Shivani Kumaresan

April 19, 2024 | 12:44 pm

Bentley Systems has chosen not to comment on market speculation regarding potential strategic transaction discussions with Schneider Electric, who confirmed their ongoing talks as part of their One Software strategy.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:35 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.