ABB is to announce their 2nd quarterly report of the year at the end of this month on July 30, 2010.
Their stock price was about $18 6 month ago. Yesterday (July 7, 2010) ABB stock was traded at $18.36 at the end of the day.
During this quarter ABB tried to buy Chloride Group for $1.25 billion but got outbid by Emerson. They also just got a $50 million solar power plant job in Italy.
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