ABB News and Press, ABB Ltd From 04/24/23

2023-04-24 13:02:20 ET ABB ( NYSE: ABB ) is scheduled to announce Q1 earnings results on Tuesday, April 25th, before market open. The consensus EPS Estimate is $0.38 (+22.6% Y/Y) and the consensus Revenue Estimate is $7.57B (+8.6% Y/Y). Over the last 2 years, ABB has...

2023-04-06 10:52:11 ET VanEck bolstered its exchange traded fund lineup on Thursday as the issuer launched the VanEck Robotics ETF ( NASDAQ: IBOT ). IBOT is a thematic focused fund that aims to deliver exposure to the growing robotics industry. Additionally, the exchange tr...

2023-04-06 06:03:00 ET All the evidence points to automation and the industrial software that powers it being a hot market over the coming decade. However, it's not always easy to find reasonably priced stocks in the sector. That said, I think European automation and robotics giant ABB ...

2023-04-04 09:15:53 ET ABB ( NYSE: ABB ) said Tuesday it is accelerating its growth strategy in the U.S., with plans to spend ~$170M across seven states in its electrification and automation businesses to meet rising demand. The company said it will invest in projects in...

Cary, NC, April 04, 2023 (GLOBE NEWSWIRE) -- Investment reflects increased customer demand for electrification and automation products Wisconsin greenfield facility for drives and services demonstrates continued commitment to U.S. customers and workforce Inflation Reduction Act supp...

2023-04-03 08:30:47 ET Palm Beach, FL – April 3, 2023 – FinancialNewsMedia.com News Commentary –  The EV industry is growing rapidly around the world, especially in China and North America. The EV charging industry is a dynamic industry with a wide rang...

2023-03-31 06:54:51 ET ABB ( NYSE: ABB ) said Friday it will launch its previously announced buyback of up to $1M of shares , or ~30M shares based on the current stock price, on April 3. The new buyback is the latest by ABB ( ABB ), which has repurchased 286M sha...

2023-03-30 09:58:47 ET ABB ( NYSE: ABB ) announced on Thursday plans to invest $40M in a new manufacturing facility in Albuquerque, New Mexico to support the US electric grid and utility sector. The new 90,000-square-foot facility will increase ABB's production of Elastimo...

Atlanta, GA, March 30, 2023 (GLOBE NEWSWIRE) -- Investment of $40 million will create new Albuquerque facility to support the US Utility sector in strengthening the electric grid Operations creates 55 new jobs in New Mexico Increases production of high-demand Elastimold® cable ac...

2023-03-23 13:45:34 ET ABB ( NYSE: ABB ) announced that it will buyback shares of up to $1B after completing a earlier buyback program launched in the past year. The current buyback will be launched in April and should run until next year's annual shareholders' meeting. In...