Friday, October 9, 2009

Transmission: "American Superconductor Jumps; Rumor Of ABB Bid" (AMSC)

From Tech Trader Daily:
American Superconductor (AMSC) shares are getting a lift today from rumors that the company might be a takeover target for ABB (ABB) , the Swiss utility construction company formerly called Asea Brown Boveri. I suppose that makes sense on the surface; AMSC designs wind turbine systems, provides “smart grid” technology and sells electrical control systems....MORE