Abb News

Will the processors in your iPhone soon be powering servers and data centers? Dell this week announced technology to build a server ecosystem based on ARM chips.

Zurich, Switzerland, June 1, 2012 - ABB, the leading power and automation technology group, has agreed to acquire Tropos Networks Inc., a Silicon Valley-based company that develops and markets wireless technologies and products for distribution area communication networks.

In yesterday's analyst action Goldman Sachs upgraded Wynn Resorts , whose CEO once put his elbow through a priceless Picasso ; poor Spain really can't catch a break.

By a fairly wide margin, the worst performing industrial conglomerate so far this year is European firm ABB Ltd.

Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs downgraded shares of ABB Ltd to a "buy" rating in a research note to investors on Thursday, April 26th.

Moody's Investors Service upgraded Thomas & Betts Corporation's senior unsecured note to A2 from Baa2.

A look at the new DC-powered data center built in Zurich by web hosting firm Green and ABB.

May 30 - Fitch Ratings has affirmed ABB Ltd's Long-term Issuer Default Rating and Thomas & Betts Corporation's USD250 million 5.625% senior unsecured notes due in 2021 at 'BBB+', following ABB's public announcement to guarantee the bonds.

Two Auckland companies and one based in Taranaki are in the running for the Department of Labour sponsored Safeguard award for 'Best Initiative to Address a Health Hazard'. ABB Ltd and Countdown Logistics from Auckland, and the Fonterra Co-operative Group based in Whareroa, Taranaki, were shortlisted in the DOL sponsored category that recognises an ... (more)

This monthly report series began applying dog dividend methodology to each of eight major market sectors in December.

The takeover of Cooper Industries Plc at the highest price tag for an electrical-equipment deal in more than a decade is turning Hubbell Inc.

Building on the success of the 2011 webinar series, ABB has released its 2012 Protective Relay School webinar series schedule.

ABB and Thomas & Betts announced that ABB has completed its previously announced acquisition of Thomas & Betts.

ABB Automation & Power World 2012, held in Houston, Texas from April 23-26, exceeded projected event attendance expectations.

The Chief Executive of Swiss engineering group ABB Ltd, which this month closed its purchase of Thomas & Betts, said on Tuesday he will focus on integrating the acquisition and ruled out any further large deals in the near term.

In the largest undertaking its kind in Europe, a 6,200-tonne building is being shifted in one piece 60 metres westward.

ABB's completed acquisition of Thomas and Betts is estimated to bring in $6.6 billion in annual revenue.

Electrical and electronics maker Hubbell Inc's competitiveness is not threatened by two large takeovers in its sector, the company's chief executive said on Monday.

The companies whose shares are moving in pre-market trading on Monday are: Ultra Clean Holdings, Seadrill, Yahoo, Frontline, ABB Ltd, Logitech International, United States Steel, Hewlett-Packard, ARM Holdings and Lowe's Cos.

At the opening ceremony for Daimler AGs $850mn India factory, chairman Dieter Zetsche stepped down from the cab of a gleaming yellow 25-tonne truck with scaled-down horsepower, a stripped-back gearbox and no sign of the iconic Mercedes-Benz three-pointed star on its grille.