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2023-10-11 15:03:11 ET Summary Both ROBO and BOTZ provide diversification and exposure to the AI market but differ in their holdings and concentration. While both ETFs have underperformed the broader technology market, BOTZ's focus on high-growth stocks like NVIDIA drove its perfo...
MONTREAL, Sept. 25, 2023 (GLOBE NEWSWIRE) -- UPDATE : In a release issued on September 21, 2023, at 1:30 PM ET by ABB Inc., the company is updating this release to include a new photo and the following addition: ABB Breaks ground on a Canadian Installation Products Division facility...
CA $16 million investment will create more than 40 new jobs Facility expansion will double production of plastic injection molded solutions Increased production capacity will better meet Canada’s growing demand for safe, smart and sustainable electrification solutions ...
2023-09-21 02:20:00 ET Summary Cobots offer safe, versatile automation in manufacturing. With unique features and minimal programming, they're championed by industry leaders like ABB and Fanuc, presenting a lucrative investment avenue. Cobots present an affordability factor that s...
QUEBEC CITY, Sept. 19, 2023 (GLOBE NEWSWIRE) -- ABB and Porsche Consulting leverage best practices from the automotive industry for a new manufacturing line for ABB’s process and laboratory analyzers in Canada The mixed-model production line increases the output by 100 percent an...
2023-09-07 04:28:56 ET Summary Ongoing portfolio restructuring positions ABB to capitalize on growth opportunities in electrification and automation. Well-positioned to benefit from stimulus spending worldwide. Good 1H 2023. Strong order backlog should support near-term performanc...
2023-07-28 19:03:13 ET Summary The GRID ETF holds a portfolio of leading global electrical component makers that are required to build-out electrical transmission & distribution infrastructure growth and to support a smart-grid. That being the case, the GRID ETF is well positi...
2023-07-25 10:08:03 ET ABB Ltd (ABBNY) Q2 2023 Earnings Conference Call July 20, 2023 04:00 AM ET Company Participants Ann-Sofie Nordh - Head of Investor Relations Björn Klas Rosengren - Chief Executive Officer Timo Ihamuotila - Chief Financial Officer ...
2023-03-14 04:47:34 ET Summary Industrial automation is a mega-trend but if you invest purely on this logic, you are prone to suffering gut-wrenching drawdowns. The market is bullish on supportive manufacturing policies. But leading indicators suggest a slowdown in manufacturi...
Summary Accelleron Industries AG is a Swiss company that was spun off from ABB, and is involved in the design, production, and servicing of turbochargers. Its primary listing is on the SWX exchange under the symbol ACLN, while its American Depositary Receipts (ADRs) trade under the symb...
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ATLANTA, GA, June 26, 2024 (GLOBE NEWSWIRE) -- Supports growing demand for energy-efficient ceiling fans in home improvements and new construction Sustainably produced in Tennessee, extensively tested and backed by an Environmental Product Declaration, Carlon® Blue™ non-meta...
Integrates strengths of ABB and Niedax Group to deliver a complete solution offering and enhanced customer value Expands North American cable tray manufacturing capabilities to serve evolving customer needs Builds on decades of innovation to accelerate collaboration and product develo...
Through the acquisition of Canadian company Real Tech, ABB expands its strong presence in the water segment and complements its portfolio with optical sensor technology critical for the age of smart water Real Tech is a market leader in real-time water quality monitoring and testing with more...