ABB Ltd (ABB.N)
21 Jul 2017
* ABB CFO says expects commodity prices to have less of an impact in q3, q4
ZURICH ABB Chief Executive Ulrich Spiesshofer faces pressure to tackle lower profitability at the Swiss engineering company, after higher raw material prices and overcapacity issues dented its quarterly earnings.
* Clock ticking for CEO to deliver improvements (Adds CEO comments, analysts, share price reaction)
* ABB CEO says there could be acquisitions in the future but only in a disciplined way
* ABB CEO says sees more opportunity to take action on overcapacity side
* ABB Ltd says order backlog at end of june 2017 amounted to $23.6 billion Source text for Eikon: Further company coverage:
BRUSSELS, July 4 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
ZURICH Electrical products maker ABB said on Monday it had bought a communications networks business from Germany's Keymile for an undisclosed price to beef up its Power Grids division that investors had once demanded be sold.
ZURICH, July 3 Electrical products maker ABB said on Monday it had bought a communications networks business from Germany's Keymile for an undisclosed price to beef up its Power Grids division that investors had once demanded be sold.
* ITS SHAREHOLDERS START ABB (ACCELERATED BOOK BUILDING) PROCEDURE CONCERNING SALE OF 4.11 PERCENT STAKE OF CO Source text for Eikon: Further company coverage: (Gdynia Newsroom)
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