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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (239416)	6/30/2005 1:59:12 PM
From: TigerPaw	Respond to of 1570547

Does ABB suck because it is losing money? or because it is shedding jobs? bloomberg.com ABB Ltd., the world's biggest supplier of power networks, cut its profit forecast and plans to eliminate 1,300 jobs as it shifts production to Asia to reduce expenses as oil and metal costs surge. The stock dropped 6.2 percent.