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Abb News

News on Abb continually updated from thousands of sources around the net.

Saturday May 10 | Chicago Tribune

Takeover rumors start again as Rockwell stock struggles

“ABB would have serious antitrust issues if it tried to acquire Rockwell”

Analysts have renewed speculation that Rockwell Automation Inc. is ripe for a takeover, as the industrial-automation company's stock hovers near its 52-week low. via Chicago Tribune

Comment?

Related Topix: Industrial Machines, Manufacturing, Electronics, Rockwell Automation, Siemens AG

Wednesday Apr 30 | Kiplinger Online

Three Electrifying Stocks

“They are undercapitalized and can take on debt for new projects.”

The power grid has endured three decades of abuse. It took the biggest blackout in U.S. history, one that caused 50 million people to lose power on August 14, 2003, to mobilize the government and electrical ... via Kiplinger Online

Comment?

Related Topix: Financial Markets, Construction, Quanta Services, Manufacturing, General Cable, Industrial Machines

Monday Apr 28 | Forbes.com

More Power To ABB

“Demand from utilities and most of our major industrial markets remained strong around the world, especially in emerging economies”

The commodity boom is giving a boost to engineering companies, as global demand for power infrastructure and mechanical equipment heats up. via Forbes.com

Comment?

Related Topix: Science, Electrical Engineering, Financial Markets

Saturday Apr 26 | Bloomberg Business News

ABB Earnings Increase 87% as China, India Invest in Power Stations, Grids

ABB Ltd. , the world's largest builder of electricity networks, said first-quarter profit climbed 87 percent, beating analyst estimates, as China and India increased investment in power stations and grids. via Bloomberg Business News

Comment?

Related Topix: Canada, Electronics

Thursday Apr 24 | MarketWatch

ABB shares jump as first-quarter profit surges 87%

“All in all a strong report from ABB, though the figures [are] somewhat boosted by the weak U.S. dollar”

ABB shares surged on Thursday as the Swiss-Swedish engineering group blitzed past analyst estimates with an 87% first-quarter profit rise. via MarketWatch

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Wednesday Apr 23 | Bloomberg.com

ABB First-Quarter Profit Climbs 87% as China, India Invest in Power Grids

ABB Ltd. , the world's largest builder of electricity networks, said first-quarter profit rose 87 percent as China and India increased investment in power stations and grids. via Bloomberg.com

Comment?

Related Topix: Electronics

Apr 14, 2008 | Daily Yomiuri

[More...]

EU failed to tell FTC of tech cartel The Yomiuri Shimbun The European Union competition regulator has admitted it failed to make an obligatory report to Japan's Fair Trade Commission on an international cartel ... via Daily Yomiuri

Comment?

Related Topix: Construction, Electronics, Computers, World News, Japan

Apr 10, 2008 | MarketWatch

Investor Ab Nav drops amid weaker markets

“There are emerging signs that the problems facing the U.S. markets are spreading to the rest of the world”

Investor AB , the main investment vehicle of Sweden's Wallenberg family, Thursday reported a 10.3% drop in its closely watched net asset value per share as listed and unlisted assets decreased in value amid ... via MarketWatch

Comment?

Related Topix: AB Electrolux, Appliances

Apr 8, 2008 | Business Wire

ABB Robotics Signs 10-Year Lease Agreement with Auburn Hills

ABB Robotics, a leading manufacturer of industrial robots, has signed a 10-year lease agreement with the Brown Road Limited of Auburn Hills, Mich., keeping the company at the headquarters it has been situated ... via Business Wire

Comment?

Related Topix: Auburn Hills, MI, Robots, Science / Technology

Apr 4, 2008 | Zacks Analyst Interviews

Global Engineering & Construction Buys

Engineering and construction [E&C] stocks currently mean a little something differently in the U.S. than they do globally. via Zacks Analyst Interviews

Comment?

Related Topix: Construction, AAON

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