Edition:
United States

ABB Ltd (ABBN.S)

ABBN.S on Virt-X Level 1

23.74CHF
20 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Abb Completes Epc Business Model Change
Wednesday, 20 Dec 2017 12:48am EST 

Abb Ltd ::ABB COMPLETES EPC BUSINESS MODEL CHANGE.ABB LTD-Q4 RESULTS EXPECTED TO BE IMPACTED BY APPROXIMATELY $150 MILLION EBITA AND $75 MILLION OF NON-OPERATIONAL PRE-TAX CHARGES ON NET INCOME.  Full Article

ABB CEO says company well positioned to take part in $500b Saudi mega city project
Thursday, 26 Oct 2017 02:10am EDT 

Oct 26 (Reuters) - Abb Ltd :ABB CEO says confident that ambition to accelerate growth will pay off in 2018.ABB CEO says company has been better dealing with raw materials price increases.ABB CEO says sees opportunity to increase margins in robotics business.ABB CEO says expects to improve business in saudi arabia, will do best to participate in $500b mega city project.  Full Article

ABB CEO expects $400 mln integration costs from GE deal
Monday, 25 Sep 2017 03:19am EDT 

Sept 25 (Reuters) - ABB Ltd :CEO Ulrich Spiesshofer says expects integration costs of $400 million amid 'footprint' optimisation.  Full Article

ABB puts share buyback on hold given GE transaction
Monday, 25 Sep 2017 02:31am EDT 

Sept 25 (Reuters) - ABB Ltd :Says has put share buyback programme on hold given GE transaction.  Full Article

General Electric said to near industrial-solutions unit sale to ABB- Bloomberg
Friday, 22 Sep 2017 06:04am EDT 

Sept 22 (Reuters) - :GE is said to near industrial-solutions unit sale to ABB - Bloomberg, citing sources.  Full Article

ABB confirms 2020 targets at innovation day - slides
Wednesday, 6 Sep 2017 08:59am EDT 

Sept 6 (Reuters) - Abb Ltd :ABB CEO confirms 2020 targets at innovation day - slides.ABB says market dynamics improving but 2017 still transition year - slides.ABB sees 2018 as first year of "new normal".  Full Article

Wartsila, ABB expand cooperation in services
Thursday, 24 Aug 2017 03:00am EDT 

Aug 24 (Reuters) - Wartsila Oyj Abp :says Wartsila and ABB have signed an agreement to expand their cooperation in lifecycle service offerings.says ABB has granted Wartsila the Authorized Service Provider status for standard maintenance of ABB turbochargers installed with Wartsila 4-stroke engines .  Full Article

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

LIVE MARKETS-Closing snapshot: European stocks back at 5-mth lows

(Repeats to fix story link) * European stocks extend declines in late trading * Falling oil prices weigh on market * M&A in focus as TDC, Swiss Re jump Feb 8 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market moves: helen.reid.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: EUROPEAN STOCKS BACK AT 5-MONTH