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ABB introduces first comprehensive gas leak detection solution for utilities to help safeguard city populations Canada NewsWire QUEBEC, Oct. 29, 2020 Leaking natural gas pipelines in urban environments can result in explosions and fires. The new ABB MicroGuard...
ABB beat on revenue and significantly beat on margins, but orders were only in line (and down year over year), as a fragile short-cycle recovery is still offset by weakness elsewhere. Weakness in buildings within Electrical is worth watching, but ABB may be outperforming in robotics, ...
While Caterpillar’s (CAT) just-reported financial results reflect year-over-year decline in revenues and profit, the company’s recovery from the previous quarter, combined with the expected support from the soaring housing and construction industry indicate a solid growth moment...
After Friday's decline of over 2%, I believe ABB is still trading 20% below its fair value. The 9M 2020's adjusted profit margin is 5.5%, similar to what occurred in 2019. China and South Korea are showing signs of recovery and demand for robotics is increasing in this region. ...
ABB commences tender offer for 3.800% notes due 2028 and 4.375% notes due 2042 PR Newswire ZURICH, Oct. 26, 2020 ZURICH , Oct. 26, 2020 /PRNewswire/ -- ABB Ltd (ABBN: SIX Swiss Ex) ("ABB") announced today that ABB Finance ( USA ) Inc. (the "Issuer"), its ...
Image source: The Motley Fool. ABB (NYSE: ABB) Q3 2020 Earnings Call Oct 23, 2020 , 4:30 a.m. ET Jessica Mitchell Continue reading For further details see: ABB (ABB) Q3 2020 Earnings Call Transcript
ABB ([[ABB]] -2.4%) reports Q3 revenue of $6.6B, -4% Y/Y, still dampened due to the impact of COVID-19.Orders $6.1B, dropped 9% over last year, Europe orders -9%, America -14%, Asia, Middle East and Africa -1%Income from operations $71M, with operating margin of 1.1%.Opera...
ABB Ltd (ABB) Q3 2020 Results Earnings Conference Call October 23, 2020, 04:30 AM ET Company Participants Jessica Mitchell - Head of Investor Relations Björn Rosengren - Chief Executive Officer Timo Ihamuotila - Chief Financial Officer Conference Call Participants Ben Uglow - Morgan Stan...
The following slide deck was published by ABB Ltd in conjunction with their 2020 Q3 earnings call. For further details see: ABB Ltd 2020 Q3 - Results - Earnings Call Presentation
ABB (ABB): Q3 Non-GAAP EPS of $0.21; GAAP EPS of $2.14 beats by $0.02.Revenue of $6.58B (-4.5% Y/Y) beats by $290M.Q3 operational EBITA of $787M (consensus: $705.4M).Cash flow from operating activities $408M, after $273M negative impact from pensions.Press Release For further details see: ...
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2023-05-21 06:15:00 ET Artificial intelligence (AI) has engulfed the headlines in a frenzy of fortune and fear. While AI is nothing new, the integration of AI into applications consumers regularly use is a major development. Even Warren Buffett and Charlie Munger discussed AI and robotics...
2023-05-07 09:40:00 ET The concurrent trends of grid modernization and the "electrification of everything" are arguably still in their early innings. The results and earnings momentum of some of the leading players in the field, including General Electric (NYSE: GE) , ABB (NYS...