In this case, Chronograph refers to a watch that is capable of stopwatch functionality in addition to timekeeping. Usually this is built into three separate dials for hours, minutes, and seconds. Such a watch can have any movement type (automatic, quartz), and can also have several complications at once.onfidence votes 146. Typically, Chronograph does not describe the movement of a watch, but rather the complication of a watch's movement. A watch's complication is anything that provides advanced functionality, such as moon-phase display or perpetual calendar.
While other shareholders have backed Cevian's stance, , Investor AB, ABB's biggest shareholder, has said only that it supports the strategy review. Investor AB Chairman Jacob Wallenberg is also the vice chairman of ABB.
The company also jumped on the M&A path this year, closing the $21 billion acquisition of Pharmacyclics in May. The deal gives AbbVie rights to Imbruvica, a drug that treats blood cancer. AbbVie said in a news release announcing the deal's closing that the treatment of blood cancer is a $24 billion global market. Analysts say that AbbVie also has several drugs in the making that span its areas of expertise: virology, immunology, neurology and oncology.