ABB News and Press, ABB Ltd From 02/24/22

RBC Bearings posted strong fiscal third quarter earnings, and management offered a view of a demand environment where the biggest challenge is meeting that demand. RBC Bearings is well-placed to ride ongoing investment growth in automation, as well as a nascent aerospace recovery. ...

Worley, ABB, and IBM to collaborate to create an end-to-end green hydrogen solution PR Newswire SYDNEY and ZURICH and ARMONK, N.Y. , Feb. 22, 2022 /PRNewswire/ -- Worley (ASX: WOR), ABB (ABBN: SIX Swiss Ex) and IBM (NYSE: IBM ) have signed a m...

ABB posted better numbers than the sell-side expected, but margin leverage was soft and many rivals posted better numbers. The company is transitioning from turnaround/repair to growth, and management will need to prove that they can keep pace in the attractive electrification and aut...

ABB (ABB +2.6%) said it has rebranded its turbocharging business as "Accelleron," and said it expected to make the final decision on whether to sell or spin it off the unit towards the end of Q1. ABB has not provided any profitability figures for Accelleron but said the unit achieved $75...

The global artificial intelligence market is on track to hit more than $554 billion in total revenue by 2024, according to market researcher IDC (1). AI, automation and robotics are disrupting virtually every major industry. From machine learning to the “internet of things,” aut...

Cary, North Carolina, Feb. 09, 2022 (GLOBE NEWSWIRE) -- ABB EV charging technology to help electrify one of the largest manufacturers of medium- and heavy-duty trucks PACCAR Parts to provide advanced ABB charging solutions up to 350 kW to service PACCAR fleet operations acros...

Fisher’s 13F portfolio value increased from ~$161B to ~$179B in Q4 2021. Amazon, Netflix, Meta Platforms, and PayPal Holdings were increased while reducing Visa, Cisco Systems, Walt Disney, Intel, Wal-Mart, UnitedHealth, and Starbucks this quarter. The top three positions a...

Image source: The Motley Fool. ABB (NYSE: ABB) Q4 2021 Earnings Call Feb 03, 2022 , 4:00 a.m. ET Ann-Sofie Nordh Continue reading For further details see: ABB (ABB) Q4 2021 Earnings Call Transcript

The following slide deck was published by ABB Ltd in conjunction with their 2021 Q4 earnings call. For further details see: ABB Ltd 2021 Q4 - Results - Earnings Call Presentation

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...