Siemens to Shutter Solar Unit Following $1B Loss

June 18 (Bloomberg) -- Bloomberg News' Alex Webb reports that Siemens AG is getting out of the solar power industry, announcing plans to close its solar power unit after struggling to find a buyer following losses of at least $1 billion since 2011. He speaks on Bloomberg Television's "The Pulse."
Equity Valuations Lofty, Earnings Lousy: Morganlander
57:42 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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