ABB LTD. (ABB) - NYSE
  • Feb. 26, 2015, 11:18 AM
    • For the second year in a row, ABB (ABB +0.3%) registered more patent applications with the European Patent Office than any other Swiss-based company.
    • "Innovation has always been a key source of competitive advantage for ABB," said Chief Technology Officer Claes Rytoft.
    • ABB filed 450 patent applications with the EPO in 2014. Each year, the company on average invests $1.5B in R&D.
    | Feb. 26, 2015, 11:18 AM | 1 Comment
  • Feb. 12, 2015, 9:50 AM
    • Helping expand Belgium’s power grid to accommodate more wind energy, ABB (ABB +1.2%) has won an order worth around $35M from Elia (OTC:ELIAF) for gas-insulated switchgear and shunt reactors.
    • Shunt reactors increase the energy efficiency of power transmission by improving power quality and reducing transmission costs.
    | Feb. 12, 2015, 9:50 AM
  • Feb. 10, 2015, 10:37 AM
    • Energinet.dk has awarded ABB (ABB) with an over $100M order to build an alternating current cable system that will enable the transmission of power from Denmark's largest offshore wind farm, Kriegers Flak, to the mainland grid.
    • The new project will help increase the country’s wind power capacity to over 40%.
    | Feb. 10, 2015, 10:37 AM
  • Feb. 9, 2015, 10:26 AM
    • ABB (ABB +1.4%) has won an order from Kenya Power, the country’s largest power transmission company, to upgrade an existing substation in Nairobi.
    • The order was booked in Q4 of 2014 and is valued at $24M.
    | Feb. 9, 2015, 10:26 AM | 1 Comment
  • Feb. 5, 2015, 6:28 AM
    • ABB (NYSE:ABB): Q4 EPS of $0.30 misses by $0.02.
    • Revenue of $10.35B (-9.0% Y/Y) misses by $450M.
    • Shares -0.96% PM.
    | Feb. 5, 2015, 6:28 AM
  • Feb. 4, 2015, 5:30 PM
    | Feb. 4, 2015, 5:30 PM | 9 Comments
  • Jan. 20, 2015, 9:04 AM
    • After falling 1.1% on Friday following a downgrade from BNP Paribas, ABB (NYSE:ABB) shares are now down 1.5% premarket.
    • The company also reports that it has won an order worth around $28M to supply an electrical Balance-of-Plant solution for a water and power producer project in the UAE.
    • Previously: ABB slides in premarket action (Jan. 16 2015)
    | Jan. 20, 2015, 9:04 AM
  • Jan. 16, 2015, 7:11 AM
    • ABB (NYSE:ABB) shares are down over 3% premarket despite announcing on Thursday that it sees limited impact of a strong Swiss franc against the euro.
    • "From a business perspective, we have typically less than 5% of total consolidated revenues in Swiss francs, with the majority exported," said the Swiss engineering yesterday.
    • ABB was also downgraded to Underperform from Neutral this morning at Exane BNP Paribas.
    | Jan. 16, 2015, 7:11 AM | 1 Comment
  • Jan. 9, 2015, 7:18 AM
    • Strengthening power infrastructure in Sri Lanka, ABB (NYSE:ABB) has won an order worth about $40M from Ceylon Electricity Board to supply two new 220-kilovolt substations and upgrade an existing one.
    • The order was booked in the fourth quarter of 2014.
    | Jan. 9, 2015, 7:18 AM | 1 Comment
  • Dec. 18, 2014, 7:28 AM
    • Following Chairman Hubertus von Grunberg's decision not stand for re-election, ABB's (NYSE:ABB) Board of Directors unanimously nominated Peter Voser to succeed von Grunberg.
    • Shareholders will vote on the proposed changes on April 30, 2015.
    | Dec. 18, 2014, 7:28 AM
  • Dec. 16, 2014, 10:24 AM
    • ABB (ABB +1.3%) and Hitachi (OTCPK:HTHIY +1%) are forming a joint venture for high voltage direct current system solutions in Japan.
    • The new entity will bring ABB's latest technologies to the Japanese market where Hitachi will be the prime contractor.
    | Dec. 16, 2014, 10:24 AM | 1 Comment
  • Dec. 11, 2014, 10:49 AM
    • ABB (ABB +0.2%) is launching a new package of remote diagnostic services for gearless mill drives with a newly created product package of two modules, GMDbeat and GMDfit.
    • GMDbeat covers ABB’s SupportLine and online troubleshooting, while GMDfit offers online condition monitoring for grinding assets and predictive analytics.
    • The product will initially be launched in Peru and Chile, with other countries to follow in 2015.
    | Dec. 11, 2014, 10:49 AM | 2 Comments
  • Dec. 8, 2014, 10:18 AM
    • ABB (ABB -0.5%) has completed the upgrade to the Eel River HVDC back-to-back station in New Brunswick, Canada, securing a reliable power exchange between the New Brunswick and Hydro Quebec grids.
    • The company replaced the existing equipment, originally installed in 1972, with the latest converter valves and new water-cooled system.
    | Dec. 8, 2014, 10:18 AM
  • Dec. 3, 2014, 6:40 AM
    • ABB (NYSE:ABB) has won orders worth $55M from India's Bihar Grid Corp. and West Bengal State Electricity Transmission Company to build new transmission and distribution substations that will boost power supplies in the eastern states of Bihar and West Bengal.
    | Dec. 3, 2014, 6:40 AM
  • Nov. 21, 2014, 8:47 AM
    • ABB (NYSE:ABB) has launched a new service called Hoist Performance Fingerprint to help its customers assess and optimize the condition of their mine hoists.
    • The new service consists of a structured audit of complete hoist systems, covering all electrical and mechanical parts.
    | Nov. 21, 2014, 8:47 AM
  • Nov. 12, 2014, 8:41 AM
    • ABB (NYSE:ABB) will supply traction substations and auxiliary power supply for a new rail corridor in Ethiopia after winning orders worth around $16M from Yapi Merkezi. The order was booked in the third quarter.
    • Under the terms of the agreement, ABB will design and supply engineered equipment packages for five 230/25 kilovolt traction substations, eight section posts and about 30 auxiliary substations.
    | Nov. 12, 2014, 8:41 AM | 1 Comment
Company Description
ABB Ltd. operates as a power and automation technology company. The company provides solutions for secure, energy-efficient generation, transmission and distribution of electricity, and for increasing productivity in industrial, commercial and utility operations. It operates through five... More
Industry: Industrial Electrical Equipment
Country: Switzerland