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More on ABB (ABB) Q1: Net profit +5% to $685M as robust demand for power equipment in North...

More on ABB (ABB) Q1: Net profit +5% to $685M as robust demand for power equipment in North America helps orders come in at $10.37B, beating forecasts of $10.13B. However, bookings in Asia -11%, due to weakness in the Chinese construction and transportation markets. Europe was also soft. Shares -3.6%.

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