News: ABB Ltd (ABBN.VX)

ABBN.VX on Virt-X Level 1

20.95CHF
27 Aug 2014
Price Change (% chg)

CHF-0.07 (-0.33%)
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CHF21.02
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Thu, Aug 21 2014

ABB unveils innovation to increase green energy efficiency

ZURICH, Aug 21 - Swiss engineering group ABB has developed technology that can double the power flow of underground cables, making it cheaper to integrate electricity into the grid from distant offshore wind farms.

ABB sells Full Service business to Nordic Capital

ZURICH, Aug 20 - Swiss engineering company ABB said on Wednesday it had agreed to sell its Full Service business unit to private equity company Nordic Capital for an undisclosed amount, the latest in a string of divestments of its non-core operations.

UPDATE 2-ABB still dogged by problems in power systems

* Shares underperform sector index (Adds details on offshore wind, comments from CEO, analyst, shares)

ABB still expects Power Systems unit to break even this year

ZURICH, July 23 - ABB still expects its power systems division to break even this year despite racking up losses in the first two quarters, the Swiss engineering company's chief executive said on Wednesday.

BRIEF-ABB shares fall 2.5 pct after Q2 profit miss

July 23 - ABB Ltd : * Shares fall 2.5 percent after results

BRIEF-ABB shares indicated down 2.1 pct - premarket

July 23 - ABB Ltd : * Shares indicated down 2.1 percent - premarket

ABB second-quarter net profit falls more than expected

ZURICH, July 23 - Swiss engineering group ABB posted a bigger-than-expected fall in second-quarter net profit, hit by depreciation and amortisation and a weak performance in its loss-making power systems unit.

ABB and Volvo team up for electric and hybrid bus fast-charging

ZURICH - Swiss engineering group ABB and Swedish car and bus maker Volvo said they were setting up a global partnership to co-develop and commercialize electric and hybrid buses with fast charging systems.

ABB and Volvo team up for electric and hybrid bus fast-charging

ZURICH, July 21 - Swiss engineering group ABB and Swedish car and bus maker Volvo said they were setting up a global partnership to co-develop and commercialise electric and hybrid buses with fast charging systems.

UPDATE 1-ABB sells steel structures business to Trinity Industries for $600 mln

* All-cash deal expected to close in third-quarter. (Adds details, background)

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