21. ABB AG, the Swiss parent, reports in Swiss francs, while ABB AB, the Swedish parent, reports in Swedish kronor. 22. ABB is jointly owned by Swedish company Asea AB which reports in Swedish kronor, and Brown Boveri Corp. of Switzerland, and BBC which reports in Swiss francs. 23. ABB is jointly owned by Swedish company Asea AB, which reports in Swedish kronor, and Brown Boveri Corp. of Switzerland, which reports in Swiss francs. 24. ABB AG reports in Swiss francs, while ABB AB reports in Swedish kronor. 25. All sell goods for dollars, then exchange them for Swiss francs. 26. But we had to maintain the convertibility of the Swiss franc. 27. By buying yen in exchange for marks and Swiss francs, traders give the Japanese currency a boost against the dollar. 28. Concern over whether the euro will be as strong and stable as the mark has also caused the Swiss franc to appreciate. 29. Cost-cutting, a weaker Swiss franc and the expansion of business areas with growth and earnings potential are expected to help profit, the company said. 30. Credit Suisse Group Wednesday will become the second major Swiss bank to announce a net loss after taking a multibillion Swiss franc charge for future bad-loan losses. |