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Stock Market & Financial Investment News

News Breaks
May 13, 2013
07:50 EDTABBABB Chief Technology Officer Banerjee to follow CEO Hogan in leaving
ABB announced Chief Technology Officer, Prith Banerjee, has decided to leave ABB for family reasons. Banerjee will be leaving ABB in the next few weeks and a date for his departure has not yet been decided, the company said. Banerjee will be relocating to the United States where he will be taking another position outside the company and a successor will be announced in due course, ABB added. Note that the company also said May 10 that Chief Executive Officer Joe Hogan has decided to leave for private reasons, though Hogan will continue to lead ABB until a successor is announced.
News For ABB From The Last 14 Days
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March 25, 2015
06:14 EDTABBSamsung SDI and ABB form strategic microgrid commercial alliance
Samsung SDI (SSNLF) and ABB (ABB) have signed a memorandum of understanding to establish a strategic commercial alliance. Samsung SDI and ABB join forces to develop and market microgrid systems that comprise energy storage solutions. The two companies will establish a global commercial alliance to develop and market modular and scalable microgrid solutions, utilizing lithium-ion batteries for energy storage.
March 23, 2015
08:01 EDTABBBofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.

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