GO
Loading...

ABB Ltd

More

  • NEW YORK, Oct 7- The trustee of Hubbell Inc's controlling family trusts is evaluating alternatives for their holdings, which could lead to a shakeup at the $7.2 billion U.S. electrical equipment maker, according to people familiar with the matter. The trustee, which oversees family trusts that control a significant portion of Hubbell's voting power, has tapped...

  • FRANKFURT, Sept 22- Germany's Siemens AG has agreed to buy U.S. oilfield equipment maker Dresser-Rand Group Inc for $7.6 billion in cash, paying a relatively rich price to belatedly beef up its presence in the U.S. shale oil and gas industry.

  • FRANKFURT, Sept 22- Germany's Siemens AG has agreed to buy U.S. oilfield equipment maker Dresser-Rand Group Inc for $7.6 billion in cash, paying a relatively rich price to belatedly beef up its presence in the U.S. shale oil and gas industry.

  • At last, stable profits from green energy stocks? Wednesday, 25 Jun 2014 | 9:41 AM ET

    Renewable energy stocks have been notoriously volatile, but there are more options now for investors to use less-risky green stock ETFs.

  • Famous business comebacks over the last 25 years Tuesday, 29 Apr 2014 | 7:00 AM ET

    Few corporations can pivot fast enough to recover after going bankrupt. Here's some inspiring turnarounds that made history over the last 25 years.

  • ABB cuts revenue guidance: CEO  Thursday, 13 Feb 2014 | 1:00 AM ET

    Ulrich Spiesshofer, ABB CEO, explains that the group has had to lower its sales target due to a slower than expected rebound in the global economy.

  • ABB's profit warning is operational: CEO  Wednesday, 22 Jan 2014 | 4:30 AM ET

    Ulrich Spiesshofer, CEO at ABB, explains that delays regarding one of the group's offshore platforms is behind the profit warning but adds he is "quite optimistic over the medium term."

  • As Syria expectations fade, market flatlines Wednesday, 11 Sep 2013 | 9:56 AM ET

    The September global market rally is fading a bit today. Still, it's clear shifting expectations over Syria have had an impact on trading.

  • You're fired! Siemens replaces Loescher as CEO Wednesday, 31 Jul 2013 | 5:42 AM ET

    The supervisory board of Siemens confirmed the resignation of Chief Executive Peter Loescher on Wednesday and appointed Joe Kaeser, the company's Chief Financial Officer as the new CEO.

  • Apple's Roller-Coaster Ride to Set Market Tone Tuesday, 23 Apr 2013 | 8:38 PM ET

    Apple briefly got some of its shine back, after it delivered a package of capital programs that shareholders have been clamoring for.

  • Early Movers: CAT, HAL, HAS & More Monday, 22 Apr 2013 | 8:03 AM ET

    Some of the names on the move ahead of the open.

  • ABB Makes $1 Billion Bet on Solar Power Takeover Monday, 22 Apr 2013 | 5:30 AM ET

    Swiss industrial group ABB is to buy solar energy firm Power-One for about $1 billion, betting growth in emerging markets will revive a sector ravaged by recession-hit Europe.

  • Global Economic Slowdown Weighs on Stock Market Thursday, 21 Mar 2013 | 3:42 PM ET
    Like with the United Nations, the U.S. may be a key player, but it's not the only one, as one international crisis after another in the past 15 years moved markets all over the globe.Dale of Security Bellew says one third of long-term investors' equity allocation should be international, both developed and developing markets.Note that during much of the last decade international stocks outperformed US ones.During the commodities boom, countries rich in natural resources — Australia, Canada, Braz

    Sectors that capture the global economy are down today: transportation, multi-industry, and tech stocks.

  • European shares finished mixed Thursday, while the Swiss SMI index soared over 2 percent, catching up on gains following the U.S. "fiscal cliff" deal.

  • PREVIEW-Siemens under pressure to cut more costs Monday, 5 Nov 2012 | 3:04 PM ET

    *Siemens due to announce further details of savings plan. FRANKFURT, Nov 5- Germany's Siemens AG, looking to narrow the profitability gap with its competitors, could detail likely disposals and the scale of planned cost cuts when it reports results on Thursday.

  • FRANKFURT, Oct 11- Germany's Siemens may outline job cuts and office closures on Thursday to stop profits sliding as customers put off ordering engineering equipment because of Europe's economic crisis.

  • FRANKFURT, Oct 11- Germany's Siemens may outline job cuts and office closures on Thursday to stop profits sliding as customers put off ordering engineering equipment because of Europe's economic crisis.

  • BRIEF-Moody's assigns B2 CFR to ABB/Con-Cise Monday, 8 Oct 2012 | 5:23 PM ET

    Oct 8- ABB/Con-Cise Optical Group LLC:.

  • ABB Wins $115 order to support Saudi rail network Wednesday, 3 Oct 2012 | 4:13 AM ET

    ZURICH, Oct 3- Swiss engineering group ABB. said on Wednesday it has won an order worth around $115 million from Saudi Electricity Company to improve the reliability of the transmission grid that feeds major Saudi railway interconnections.

  • CHICAGO, Oct 1- As global economies from Beijing to Berlin struggle to keep their heads above water, a new wave of stimulus spending is under way.