ABB Stock News

ABB says data centre business booming, Q3 figures in line with forecasts

Major European companies are expected to report strong earnings growth in the third quarter, although analysts slashed estimates for ​cyclical consumer products such as cars over the past ‌week, the latest LSEG I/B/E/S data showed late on Thursday.

Rotork PLC's (LSE:ROR) agreement to a £4.1 billion takeover by Switzerland's ABB sparked a rally across the FTSE industrial engineering sector, adding to evidence that overseas buyers continue to target UK manufacturers. Shares in the FTSE 250-listed flow control specialist surged 67% to 486p after ABB agreed to pay 503p a share in cash, with shareholders also eligible to receive an interim div...

ABB invests in Gridcog which provides a digital platform for next-generation modeling of complex microgrids, distributed energy resources (DERs) and energy-as-a-service solutions for utilities, independent power producers and commercial & industrial customers Partnership helps customers adopt energy efficient solutions by designing, comparing and validating complex energy projects faster, with ...

Tata Consultancy Services has secured a multi-million ​contract from Swiss-Swedish ‌industrial technology firm ABB , India's top software services firm ​said on Monday.

Western Europe is grappling with a record-breaking heatwave. Investors told CNBC there could be opportunities as sweltering summers become the norm on the continent.