FILE - In this Jan. 25, 2011 file photo CEO and president of Siemens AG Peter Loescher looks on prior to a news conference in Munich, southern Germany. Siemens AG said Tuesday, March 29, 2011, it is ... more 
FILE - In this Jan. 25, 2011 file photo CEO and president of Siemens AG Peter Loescher looks on prior to a news conference in Munich, southern Germany. Siemens AG said Tuesday, March 29, 2011, it is shaking up its organizational chart, spinning off light bulb maker Osram and forging a new division that will focus on energy-efficient infrastructure projects in the world's cities. less 
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Associated Press | Photo By Matthias Schrader, File
Tue, Mar 29, 2011 8:12 AM EDT