ABB third-quarter results to be positively impacted by change of provisions of about $380 million

Zurich, Switzerland, Oct. 19, 2009 – ABB will adjust certain provisions and accruals resulting in an overall reduction of approximately $380 million in the third quarter of 2009. As a result of that adjustment, ABB expects to announce a net income for the third quarter of approximately $1 billion….more at ABB