ABB News and Press, ABB Ltd From 08/11/21

Hubbell's second quarter didn't offer the same revenue and profit upside as many other industrials, but were definitely in line with other electrical products companies. Demand is strengthening everywhere outside the utility markets, with strong growth among industrial customers, and ...

Humans have caused “unprecedented” and “irreversible” climate change already. Every additional ton of CO2 or methane released makes things worse. Net zero emissions must be achieved as soon as possible to mitigate out of control climate change. This...

Eaton's second quarter results weren't quite as exceptional on the top line, but incremental margin and price/cost performance were quite strong. Electrification markets remain quite strong, and Eaton is seeing an earlier pickup in aerospace than some of its peers; both markets offer ...

Rexnord got a lift from industrial end-market recoveries and strong non-resi/institutional retrofit and maintenance demand, with revenue and profits both coming in better than expected. Water Management drove the upside in the quarter on strong touchless retrofit demand, while PMC per...

Multibillion dollar deals and earnings drove this week's top industrial stocks as the five new entrants rallied close behind each other with less than 3.5% gains separating the leader and #5. Meanwhile, earnings continued to rattle some stocks in the decliners list. Industrial Select Sec...

Fisher’s 13F portfolio value increased from ~$142B to ~$159B in Q2 2021. The Vanguard Intermediate-Term Corporate Bond ETF stake was increased substantially this quarter. The top three positions are Apple, Microsoft, and Amazon. They add up to ~14% of the portfolio. F...

ABB Ltd (NYSE:ABB) traded at a new 52-week high today of $37.04. This new high was reached on below average trading volume as 600,000 shares traded hands, while the average 30-day volume is approximately 1.3 million shares. Based on a current price of $36.96, ABB Ltd is currently 10.5% a...

ABB posted another stronger than expected quarter, with revenue, EBITA, and orders all surpassing sell-side expectations, and management raised guidance on broad recovery strength across the business. Short-cycle markets continue to recover strongly, and ABB is also seeing improving o...

This article is a follow-up to my recent article on de-risking. US equity markets continue to march upward. Thirteen widely-held highfliers are put under the valuation microscope in this article. The article closes with my current action plan for each of the 13 companies. ...

Nikolay Pandev/E+ via Getty Images While investors waited for a few closely watched earnings reports from the tech space this week, Bitcoin spent Monday's session in the spotlight. The cryptocurrency jumped on speculation that Amazon (AMZN) might accept it as payment This, in turn, sparked ga...