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    1. ABB unveils innovation to increase green energy efficiency

      Headlines

      Thu, 21 Aug 2014

      ZURICH, Aug 21 (Reuters) - Swiss engineering group ABB has developed technology that can double the power flow of underground cables, making it cheaper to integrate electricity into the grid from distant offshore wind farms.

    2. ABB develops world's most powerful underground power cable

      Headlines

      Thu, 21 Aug 2014

      ABB (NYSE: ABB ) has successfully developed a 525 kilovolt high-voltage direct current cable, which will make renewable energy installations more efficient and cost-effective. The new cable is now the world's most powerful underground

    3. ABB continues to divest its non-core operations

      Headlines

      Wed, 20 Aug 2014

      ABB (NYSE: ABB ) agrees to sell its Full Service business unit to private equity firm Nordic Capital, in ..... 1B," says CEO Ulrich Spiesshofer. The sale is expected to close in the fourth quarter. ABB -1% premarket Post your comment!

    4. ABB sells Full Service business to Nordic Capital

      Headlines

      Wed, 20 Aug 2014

      ZURICH, Aug 20 (Reuters) - Swiss engineering company ABB said on Wednesday it had agreed to sell its Full Service business unit to private equity company Nordic Capital for an undisclosed amount, the latest in a string of divestments of its non-core operations.

    5. ABB develops gas substitute for switchgears

      Headlines

      Tue, 19 Aug 2014

      ABB ( ABB +0.5% ) has developed new switchgear technology that deploys a substitute gas mixture instead sulfur hexafluoride (SF6). Switchgears are used to control, protect and isolate electrical equipment. The new gas mixture has potential

    6. ABB completes sale of steel business to Trinity Industries

      Headlines

      Mon, 18 Aug 2014

      ABB ( ABB -0.3% ) has completed the sale of its Meyer Steel Structures business to Trinity Industries ( TRN +2.1% ). The deal, announced on June 27, closed yesterday for $600M in an all-cash transaction. The company divested the business

    7. Fitch Affirms 3 Russian Regional Banks

      Headlines

      Fri, 15 Aug 2014

      agency) MOSCOW, August 15 (Fitch) Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDRs) of Ak Bars Bank ( ABB ) and Almazergienbank (AEB) at 'BB-' and Krayinvestbank (KIB) at 'B'. The Outlooks are Stable. A full list of rating

    8. ABB to support new hydropower plant in India

      Headlines

      Thu, 14 Aug 2014

      ABB ( ABB +0.5% ) is capitalizing on hydropower demand in India, and will now support a new underground hydropower plant in Sikkim, a small Indian state in the Eastern Himalayas. The company will connect the power plant to the main national

    9. ABB to add liquid flow measurement business

      Headlines

      Fri, 25 Jul 2014

      ABB (NYSE: ABB ) has agreed to acquire Spirit IT to increase its liquid flow measurement ..... its oil and gas business. "The addition of Spirit IT’s products to ABB ’s Measurement Products portfolio will enable us to offer a more comprehensive

    10. Orders A Bright Spot, But ABB Has A Lot Of Work To Do

      Headlines

      Thu, 24 Jul 2014

      Swiss automation and power technologies conglomerate ABB (NYSE: ABB ) managed to avoid another major quarterly sell-off ..... and stronger orders. Looking through the line-items, ABB still has a lot of work to do in its Power Systems business

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