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Post# of 648882
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Tuff-Stuff

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Re: Tuff-Stuff post# 531280

Wednesday, 01/22/2014 5:32:38 AM

Wednesday, January 22, 2014 5:32:38 AM

Post# of 648882
RED>ABB (ABB) will book $260M in charges on its Q4 earnings, due to delays to offshore wind projects because of winter storms and "some operational issues" at its Power Systems (PS) division.
Additional restructuring-related charges at the PS operations will also hit net income.
The company expects EPS to fall to $0.23 from $0.26 a year earlier and vs consensus of $0.40.

Pray for A Pain Free Day!

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