text: Appeals Court Rejects ABB Asbestos Plan  ZURICH/NEW YORK (Reuters) - A U.S. appeals court on  Thursday rejected ABB's &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ABBN.VX target=/stocks/quickinfo/fullquote"&gt;ABBN.VX&lt;/A&gt; &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ABB.N target=/stocks/quickinfo/fullquote"&gt;ABB.N&lt;/A&gt; bid for a \$1.2  billion asbestos settlement that would end years of legal  wrangling and put a cap on asbestos claims filed by thousands  of former workers.