Best Of The Best Share Discussion Threads

[ariane] 01/11/2002 17:58

Alfa Laval also hit.

i hear that ABB however has come to some sort of agreement with the asbestos plaintifs(Source Bloomberg). So if this has substance, ABB should rise in Europe on Monday,that is if the £1 billion payoff is acceptable to the Market.ADR`s in US done 7% at the time of writing.
We shall see.

[maywillow] 01/11/2002 16:23

Investors seem to be running concerned, and of course its in the vogue so its news.

Now impacting Atlas Copco and Trelleborg of Stockholm.


Also hitting Saint Gobain again.

[maywillow] 01/11/2002 09:41

What an other one.

Royal & Sun face Asbestos liability claim from Turner and Newell apparently.

see ftinvestor.com

[maywillow] 31/10/2002 16:15

Daimler Chrysler AG and RHI Ag have been mentioned as have insurers Allianz and Munich Re:

I am not happy with this particular concern.

[waldron] 31/10/2002 07:20

The insurer Chubb Corporation and PPG Indutries Chemical Group have been hit by asbestos claims apparently.

[waldron] 30/10/2002 21:38

Saint Gobain rose substantially today. Not as much as Alcatels 40% though.

[maywillow] 26/10/2002 09:56

Being an investor particularly interested in european shares,i was concerned to see
the impact the asbestos problem on the share price of ABB.

I see now that Saint Gobain has also had its share marked to a 7 year low due to its exposure to asbestos type concerns

Are there other companys that might suddenly be impacted?


This could be a major problem


Here`s a good overview of the problem imho