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ABB Names Björn Rosengren As CEO
ABB To Modernize Major Oil Refinery In Kazakhstan
ABB CFO Says China Outlook Is Mixed, Some Sectors Good, Some Weak
Abb Ltd is a holding company. The Company's segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure. The Electrification Products segment manufactures and sells products and services including low and medium-voltage switchgear, breakers, switches and control products. The Robotics and Motion segment manufactures and sells motors, generators, variable speed drives and robots and robotics. The Industrial Automation segment develops and sells control and plant optimization systems, and automation products and solutions. The Power Grids segment supplies power and automation products, systems, and service and software solutions.
Electronic Instr. & Controls
Peter R. Voser
Chairman of the Board, Interim Chief Executive Officer
Non-Executive Independent Vice Chairman of the Board
Chief Financial Officer, Member of the Group Executive Committee
Chief Human Resources Officer and Member of the Executive Committee
Diane de Saint Victor
General Counsel & Company Secretary, Member of the Group Executive Committee
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Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Return on Equity (TTM)
* ABB SIGNS MAJOR FRAMEWORK CONTRACT WITH APG FOR LARGEST EVER GRID EXPANSION IN AUSTRIA
ABB has started construction of a new robotics factory in Shanghai, China, the Swiss engineering company said on Thursday, shrugging off concerns about a slowdown in the world's second-largest economy.
ABB <ABBN.S> shares jumped more than 4% on Monday as investors welcomed news the Swiss engineering group had poached Bjorn Rosengren from Swedish mining equipment firm Sandvik <SAND.ST> to be its next chief executive.
New ABB <ABBN.S> Chief Executive Bjorn Rosengren is committed to at least five years with the Swiss engineering group, Chairman Peter Voser said on Monday.
New ABB Chief Executive Bjorn Rosengren is committed to at least five years with the Swiss engineering group, Chairman Peter Voser said on Monday.
ABB's <ABBN.S> largest shareholder Investor AB <INVEb.ST> is pleased with the appointment of Bjorn Rosengren as the new chief executive of the engineering group, the Swedish investment company said on Monday.
The head of activist fund Cevian Capital said on Monday that shares in Swiss engineering group ABB could be worth more than 35 Swiss francs ($35.99) if newly appointed CEO Bjorn Rosengren succeeds in raising margins and valuations to that of rivals.
Activist investor shareholder Cevian on Monday said it fully supported the appointment of Bjorn Rosengren as the new Chief Executive at ABB.
ABB's largest shareholder Investor AB is pleased with the appointment of Bjorn Rosengren as the new chief executive of the engineering group, the Swedish investment company said on Monday.
Swedish engineering group Sandvik's <SAND.ST> Chief Executive Officer Bjorn Rosengren will step down next year and will join Swiss-Swedish robotics and engineering group ABB Ltd <ABBN.S> as CEO, the companies said in separate statements on Sunday.
* PETER VOSER WILL REVERT TO HIS POSITION AT ABB SOLELY AS CHAIRMAN OF BOARD Source text for Eikon: Further company coverage:
ABB Ltd <ABBN.S> on Thursday warned that slowing demand from automakers in China, its second-biggest market, was hitting its robotics business.
* ABB CFO SAYS CHINA OUTLOOK IS MIXED, SOME SECTORS GOOD, SOME WEAK Source text for Eikon: Further company coverage: (Reporting by John Revill)
* ABB CEO SAYS SEPARATION OF POWER GRIDS BUSINESS ON TRACK, DEMERGER IN INDIA AND CHINA OF BUSINESS GOING WELL
ABB reported a drastic reduction in net profit during its second quarter as the Swiss engineering company took a charge for ditching its solar inverters business earlier this month.
ABB has begun a review of its Integrated Direct Current Power business, the latest stage of the Swiss engineering company's overhaul to tackle years of underperformance.
ABB has launched a strategic review of its Integrated Direct Current Power business, the latest stage of the Swiss engineering company's overhaul of its operations that has seen it ditch its solar inverter business.
* DOVER CORP - DOVER FUELING SOLUTIONS ANNOUNCES A COOPERATION WITH ABB TO BRING ELECTRIC VEHICLE CHARGERS TO LOCATIONS IN EUROPE Source text for Eikon: Further company coverage:
* ABB WINS TRACTION EQUIPMENT ORDERS TO EXPAND RAIL FLEETS IN US AND EUROPE
ABB <ABBN.S> is pressing ahead with a review of its underperforming businesses and expects a customer slowdown and China-U.S. trade tensions to mean a turbulent year, its Chairman and interim Chief Executive Peter Voser told Reuters.
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