ABB News and Press, ABB Ltd From 01/24/23

Summary Accelleron Industries AG is off to a good start as an independent company, with several positives reported on its first trading update. The company has some attractive financial characteristics, and we particularly like the services segment because of its resilient recurring rev...

Summary Nittoku is a market leader in winding machines used in the production of electric motors, and EV mobility adoption is a tailwind. Recent trading was mixed, with Q1-2 FY3/2023 results being driven by Asian mobility demand, but FY guidance lowered due to macro concerns. With a...

ABB Ltd. ( NYSE: ABB ) said Friday it will sell its power conversion division to Taiwan's AcBel Polytech for $505M, as it wraps up a divestment program the company announced at the end of 2020. ABB ( ABB ) said the power conversion division, based in Texas and acquired as part...

Summary ABB is undergoing a transformation to improve its performance and operations. The company's margins and earnings quality are expected to improve as a result of portfolio reshaping efforts. However, achieving top line growth remains a challenge, which may make it difficult to...

Summary Automation and robotics are mega-trends for multiple years and decades going forward. But now is not the right time to bet alongside this view. Weak global manufacturing activities and capex spend cuts in the semiconductor industry will dampen demand outlook. Technical analy...

Summary I expect S&P 500 2024 forward earnings to be $237.2, which in my opinion, should fetch 17.5X, a multiple more in line with 3.5-4%, 10-year treasuries. I also expect S&P 500 earnings to decline by 5% to about $210 in 2023 and then recover by 13% on a smaller base to $237 ...

Summary ABB shares are down ~(21%) YTD as FY ‘22 comes to a close, even lagging the Euro STOXX Industrials index which is down ~(16%) YTD. After a rough 1H, Q3 results were strong with strength in the Electrification and Motion businesses, which together contribute ~75% of ABB&#x...

Investors operate on incentives. And when the risk-free 10-year Treasury rate is 3.4%, it's natural for investors to demand a little extra yield from their income stock portfolio. Investing in equal parts of Stanley Black & Decker (NYSE: SWK) , ABB (NYSE: ABB) , and Kind...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although the current volatility in the market opened doors for contrarian speculation, investors may be better served targeting their stocks to buy in the robotics space. According to MarketsandMarkets.com, just the industrial ...

Independent report highlights 10 actions to help industrial users improve their energy efficiency right now Improving energy efficiency will reduce energy bills and emissions substantially in the short- to mid-term, without compromising productivity Industry is the worldȁ...