ABB News and Press, ABB Ltd From 04/05/22

Industry-changing technologies can take years or even decades to standardize, and many battles can be waged until a clear victor emerges. One such battle is currently taking place in the EV industry as companies debate the best way to power the cars of the future. NIO (NYSE:NIO), one of China...

We expect the growing number of connected devices communicating at higher multi-gigabit data speeds and investments to increase network capacity to expedite 5G's adoption rate. After small-scale deployment in 2015, as enterprises began testing 5G technology, current estimates suggest ...

ABB (ABB -0.3%) says its board approved a new stock buyback program of as much as $3B, as part of its commitment to return to shareholders the remaining $1.2B of the $7.8B of cash proceeds from the Power Grids divestment. Since July 2020, ABB says it has repurchased nearly 219K shares under u...

ABB (ABB -1%) said its shareholders approved all proposals by the company's board, including a dividend increase and confirmation of Peter Voser as Chairman. CEO Bjorn Rosengren told the annual general meeting that the company still plans to divest its Accelleron turbocharging business a...

Well placed to benefit from growth in electrification and robotics. Tailwinds from expected global multi-year capex upcycle. Relatively light software focus relative to peers but management is intent on growing this business. For further details see: ABB: Stable Prospect...

The industrial sector is a segment of the economy that is made up of companies that manufacture and distribute goods, transportation services, or the provision of commercial services and supplies. In 2021, the industrial sector rallied 21%, underperforming the S&P 500’s 26.89% gain...

Industrial giant ABB (NYSE: ABB) is already stable, profitable, and a dividend payer -- but it also sees opportunity for great growth, especially in its segment providing solutions in the electric vehicle (EV) space. In this episode of "The AI/ML Show" on Motley Fool Live , re...

Schneider has continued to offer solid growth guidance and good quarters, but the Street seems tired of the automation/electrification theme. I expect Schneider to grow revenue at a rate roughly double developed market IP growth, with improving margins, for the next decade on the back...

Microgrid-capable solar PV will give Enphase a serious price advantage. IQ8 grid-forming microinverters will create new markets for Enphase. Product design flexibility will ensure future revenue for Enphase. NEM & Federal ITC goldrush ensures Enphase profitability through ...

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. ...