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ABB Ltd (ABB.N)

ABB.N on New York Stock Exchange

23.80USD
21 Jul 2017
Change (% chg)

$-0.59 (-2.42%)
Prev Close
$24.39
Open
$23.96
Day's High
$23.98
Day's Low
$23.69
Volume
1,153,747
Avg. Vol
493,012
52-wk High
$25.83
52-wk Low
$20.26

Latest Key Developments (Source: Significant Developments)

ABB expects commodity price rises to have less of an impact in rest of year
Thursday, 20 Jul 2017 09:09am EDT 

July 20 (Reuters) - ABB Ltd :ABB CFO says expects commodity prices to have less of an impact in q3, q4.ABB CEO says B&R acquisition working well, in line with expectations, optimistic will keep growth trajectory.ABB CEO says getting signals there will be significant spending on power grids in U.S., but has to be patient.  Full Article

ABB CEO says Cevian relationship is very good
Thursday, 20 Jul 2017 04:07am EDT 

July 20 (Reuters) - Abb Ltd :ABB CEO says there could be acquisitions in the future but only in a disciplined way.ABB CEO says cevian relationship is a very good one, working very well together.ABB CEO says a very positive and constructive relationship with Cevian.Abb CEO says declines comment on potential Larsen & Toubro acquisition.  Full Article

ABB CEO says company will take action to tackle overcapacity
Thursday, 20 Jul 2017 02:08am EDT 

July 20 (Reuters) - ABB Ltd :ABB CEO says sees more opportunity to take action on overcapacity side.ABB CEO says expects improvment in pricing during 2h to offset commodity price inflation.ABB CEO says 2q margins didn't meet our expectations, company will initiate additional actions.  Full Article

ABB says order backlog at end of June 2017 amounted to $23.6 billion
Thursday, 20 Jul 2017 12:45am EDT 

July 20 (Reuters) - ABB Ltd ":ABB Ltd qtrly total and base orders grew 3%.ABB Ltd qtrly revenues up 1%.Qtrly net income $525 million.ABB Ltd says order backlog at end of june 2017 amounted to $23.6 billion.  Full Article

ABB Ltd has priced EUR 750 million 7- year bond transaction
Tuesday, 9 May 2017 10:00am EDT 

May 9 (Reuters) - Abb Ltd :ABB Ltd - has priced eur 750 million 7- year bond transaction.ABB Ltd - bonds carry a coupon of 0.75% and will be issued under abb finance B.V. USD 8 billion debt issuance program.  Full Article

ABB CEO says has active, constructive dialogue with investor Cevian
Thursday, 20 Apr 2017 01:57am EDT 

April 20 (Reuters) - Abb Ltd :CEO Ulrich Spiesshofer says looking at m&a opportunities in electrification products, bolt ons in robotics and motion.Ceo says one-off gains amount to net of around $200 million in first quarter.Ceo says base order growth shows company heading in right direction.Ceo says korea theft is contained to only that country, have taken measures to prevent another case including replacing employees.Ceo says has active and constructive dialogue with cevian.  Full Article

ABB CEO says will launch share buyback in second half of 2017
Tuesday, 4 Apr 2017 05:01am EDT 

ABB Ltd : ABB CEO says company will launch share buyback in second half of 2017 .ABB announced buyback up of up to $3 billion last October.  Full Article

Genting Hong Kong says unit entered into ABB agreements with certain units of ABB Group
Monday, 9 Jan 2017 09:06am EST 

Genting Hong Kong Ltd <0678.HK> : Genting Hong Kong- MVWW, unit of co, entered into ABB agreements with certain subsidiaries of ABB group . Aggregate consideration under ABB agreements is approximately EUR131 million .Genting Hong Kong - unit to purchase complete propulsion systems, electric power plants, automation and marine software systems for various vessels.  Full Article

Fluor Corp and ABB form alliance to deliver large EPC substation projects globally
Tuesday, 4 Oct 2016 07:07am EDT 

Fluor Corp : Global strategic alliance for execution of large turnkey engineering, procurement, construction (EPC) electrical substation projects . Both parties will work together to formalize partnership before year end . Flour Corp says both parties will work together to formalize partnership before year end .Fluor Corp - Co and ABB form alliance to deliver large EPC substation projects globally.  Full Article

ABB CEO says will consider M&A in Power Grids
Tuesday, 4 Oct 2016 01:56am EDT 

ABB Ltd : CEO says company will continue active portfolio management, continuously review portfolio -media call . CEO says will consider M&A in power grids -media call . CEO says sees sales and cost synergies from keeping power grids business . CEO says sees tough conditions continuing in Q3 Europe, U.S. . CEO says has spoken with large shareholders Investor AB and Cevian this morning . CEO says we have a very good dialogue with shareholders. Had a friendly and open conversation with Investor AB and Cevian Further company coverage: [ABBN.S] (Reporting By Zurich newsroom) ((zurich.newsroom@thomsonreuters.com; +41 58 306 7336;)).  Full Article

BRIEF-ABB expects commodity price rises to have less of an impact in rest of year

* ABB CFO says expects commodity prices to have less of an impact in q3, q4