Advertisement
UK markets close in 4 hours 41 minutes
  • FTSE 100

    8,095.00
    +54.62 (+0.68%)
     
  • FTSE 250

    19,704.64
    -14.73 (-0.07%)
     
  • AIM

    755.16
    +0.47 (+0.06%)
     
  • GBP/EUR

    1.1665
    +0.0020 (+0.17%)
     
  • GBP/USD

    1.2513
    +0.0050 (+0.40%)
     
  • Bitcoin GBP

    50,859.21
    -2,145.54 (-4.05%)
     
  • CMC Crypto 200

    1,349.64
    -32.93 (-2.38%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.88
    +0.07 (+0.08%)
     
  • GOLD FUTURES

    2,337.50
    -0.90 (-0.04%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,980.98
    -107.72 (-0.60%)
     
  • CAC 40

    8,029.60
    -62.26 (-0.77%)
     

This Hedge Fund Bought $3 Billion of ABB Ltd Stock: Should You Buy, Too?

This Hedge Fund Bought $3 Billion of ABB Ltd Stock: Should You Buy, Too?

Leading European hedge fund Cevian Capital is seeking to release the value in a lumbering conglomerate. Does that pressure make the stock worth buying? Was it a buy anyway?