MARKET COMPOSITE
ABB - ABB Ltd.
Price
$0.00
+ 0.00 (0.00%)
ABB Ltd manufactures and sells electrification, industrial automation, and robotics and motion products for customers in utilities, industry and transport, and infrastructure worldwide. Its Electrification Products segment provides electric vehicle charging infrastructure, solar power solutions, modular substation packages, distribution automation products, switchboard and panel boards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. This segment serves building, data center, rail, wind and solar, distribution utilities, food and beverage, marine, e-mobility, and oil and gas industries. The company's Robotics and Motion segment offers robotics, motors, generators, drives, wind converters, components and systems for railways and related services, and digital solutions for applications in industries, transportation and infrastructure, and utilities. This segment serves machinery manufacturers, process industries, hybrid and batch manufacturers, transportation equipment manufacturers, discrete manufacturing companies, utilities, and customers in the automotive industry. Its Industrial Automation segment provides process and discrete control solutions, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation and solutions, electric ship propulsion systems, machine and factory automation solutions, and turbochargers, as well as remote monitoring, preventive maintenance, and cybersecurity services. This segment serves companies in the oil and gas, minerals and mining, metals, pulp and paper, chemicals and pharmaceuticals, food and beverage, power generation, and marine industries. ABB Ltd has a strategic collaboration with IBM. ABB Ltd was founded in 1883 and is headquartered in Zurich, Switzerland.
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Stock news

    Frost & Sullivan recently researched the global intelligent buildings industry and, based on its findings, recognizes ABB with the 2023 Global Customer Value Leadership Award. ABB leverages its long-established industry expertise, advanced technologies, and continual innovation to deliver intelligent building and automation solutions that substantially boost the efficiency of today's buildings while reducing operational costs. The company creates buildings that actively support the global transi

    General Electric's (GE) CFO transition comes at a time when the company is in the process of separating its business into three independent public companies.

    Artificial intelligence (AI) has engulfed the headlines in a frenzy of fortune and fear. Zebra Technologies (NASDAQ: ZBRA), ABB (NYSE: ABB), and Honeywell International (NASDAQ: HON) are three established companies that are making meaningful investments in new technologies. Here's what makes each stock a great buy now.

    Emerson (EMR) is set to provide its automation technology and software to Syzygy as the latter aims for cost-effective decarbonization by electrifying carbon-intensive activities.

    When searching for the best AI stock hidden gems, you must decide how you want to bet on artificial intelligence. If you’re looking for pure plays, you’re better off going with stocks like Microsoft (NASDAQ:MSFT) and Nvidia (NASDAQ:NVDA). But if you’re willing to think outside the box, there are a multitude of other companies that are benefitting from this secular trend, such as those that use AI to drive their businesses through automation or data analytics. To find hidden gems in the AI stock

    ABB India on Wednesday reported a 66% surge in first-quarter pre-tax profit, as order wins at the technology firm surged on strong demand for its mainstay electrification and automation businesses. ABB India, a unit of ABB Ltd, reported pre-tax profit, before exceptional items, of 3.28 billion rupees ($40.12 million) for the three months ended March 31, up from 1.98 billion rupees a year ago.

    Factory orders are rebounding on demand for durable goods, which is helping stocks like Hubbell Incorporated (HUBB), ABB Ltd (ABB), A. O. Smith Corporation (AOS) and Pioneer Power Solutions (PPSI).

    ABB's first-quarter 2023 revenues increase 13% year over year on impressive performance across most segments.

    ABB Ltd (NYSE: ABB) reported Q1 2023 revenue of $7.86 billion, up 13% Y/Y and 22% Y/Y on a comparable basis, exceeding the consensus of $7.49 billion. Orders increased by 1% Y/Y to $9.45 billion and grew 9% Y/Y on a comparable basis. Electrification revenue $3.59 billion (+11% Y/Y), Orders $4.14 billion (+1% Y/Y) and Backlog $7.10 billion (+19% Y/Y). Motion revenue $1.94 billion (+23% Y/Y), Orders $2.26 billion (+3% Y/Y) and Backlog $5.10 billion (+18% Y/Y). Process Automation revenue $1.44 bill

    A stable demand environment and easing component shortages are key growth drivers for ABB. Handsome rewards to shareholders raise the stock's appeal.