ABB News and Press, ABB Ltd From 02/03/22

ABB -1.6% pre-market after reporting better than expected Q4 earnings with an 18% increase in orders, but results were held in check by ongoing disruptions in its supply chain. ABB swung to a Q4 net profit of $2.64B compared with a $79M net loss in the prior-year period, largely due to a $2.2...

ABB Ltd. (ABB) Q4 2021 Earnings Conference Call February 03, 2022 4:00 AM ET Company Participants Ann-Sofie Nordh – Head-Investor Relations Bjorn Rosengren – Chief Executive Officer Timo Ihamuotila – Chief Financial Officer Conference Call Participants Ben Uglow – ...

ABB press release (NYSE:ABB): Q4 GAAP EPS of $1.34 beats by $0.29. Revenue of $7.57B (+5.4% Y/Y) beats by $130M. Orders $8.3B, +18% Operational EBITA $988M; margin 13.1% In Q1 2022, ABB anticipates the underlying market activity to remain overall stable compared with the prior quarter. R...

From software to cryptocurrency to e-commerce, seemingly every growth market is experiencing tumbling equity valuations. The electric vehicle (EV) industry is no different. It's an industry chock-full of both potentially disrupting newcomers and legacy automakers looking to move away from t...

Everyone knows that hybrid and electric vehicles (EVs) are the future of transportation, so the excitement around investing in the sector is understandable. However, with many of the better-known plays in the industry looking expensive, it makes sense to consider some ways to play the theme...

Construction equipment manufacturer Caterpillar (CAT) has benefited nicely from rebounding construction equipment demand and surging commodity prices and delivered a solid quarterly report. Bernstein analysts recently upgraded the stock to outperform, while JP Morgan analysts called CAT their...

ABB Ltd (NYSE:ABB) traded at a new 52-week high today of $38.23. This new high was reached on below average trading volume as 282,000 shares traded hands, while the average 30-day volume is approximately 1.4 million shares. ABB is a global supplier of electrical equipment and automation ...

The dividend yield ranges from around 2.5% for Watsco (NYSE: WSO) and ABB (NYSE: ABB) to 3.4% for 3M (NYSE: MMM) , but that's about it in terms of similarity for these three businesses. Of course, the three stocks offer vastly different investment propositions, but t...

The AI and Robotics markets are thriving due primarily to advances in semiconductor technology and high-performance computing. That being the case, the next few years is likely to see these relatively new fields see increased growth - and increased capital allocation. That being t...

ABB Seeks Partners to Join Energy Efficiency Movement <span class="legendSpanClass">ABB promotes practical solutions to thwart climate change</span> PR Newswire FORT SMITH, Ark. , Dec. 16, 2021 /PRNewswire/ -- Earlier this month, ABB host...