News
Swiss Watch Exports Hit Record High
online.wsj.com
[Wall Street Journal] - By JOHN REVILL ZURICH—Swiss watch exports surged to a record in 2011, according to figures released Thursday, with booming Asian demand helping the sector overcome the impact of the strong Swiss franc. The industry, which makes up 10% of Swiss
ABB to Buy Electrical Parts Maker
online.wsj.com
[Wall Street Journal] - By JOHN REVILL ZURICH—Switzerland's ABB Ltd on Monday said it has agreed to pay $3.9 billion in cash for Thomas & Betts Corp. to increase its exposure to the US low-voltage electrical equipment market. The power and technology group said it is paying
Logitech Shares Dive After Fourth Profit Warning In 12 Months
online.wsj.com
[Wall Street Journal] - By John Revill ZURICH (Dow Jones)--Shares in Logitech International SA (LOGN.VX) dived Thursday after the computer peripherals maker issued its fourth profit warning in 12 months. The world's largest maker of computer mice saw its stock lose 14% in
Countering Near-Term Pain
online.wsj.com
[Wall Street Journal] - By JOHN REVILL As Europe stands on the edge on a new recession, staffing company Adecco SA is getting ready for another bumpy ride. The fortunes of providers of temporary staff such as Adecco and its rivals Manpower and Randstad Holding NV are tied
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