More on ABB (ABB 6.9%) Q2: net profit falls 27% to $656M, hurt by the strong dollar and a $100M...

|About: ABB LTD. (ABB)|By:, SA News Editor

More on ABB (ABB 6.9%) Q2: net profit falls 27% to $656M, hurt by the strong dollar and a $100M charge. However, ABB says positive developments in China, "the continued strength of the U.S. market and our resilience in Europe make us more confident about the short-term outlook than we were three months ago."