20.74 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||20.68 x 1100|
|Ask||20.73 x 800|
|Day's Range||20.68 - 20.87|
|52 Week Range||18.05 - 24.72|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||20.70|
|Forward Dividend & Yield||0.83 (4.38%)|
|1y Target Est||20.68|
For Ulrich Spiesshofer, who left ABB Ltd. on Wednesday after more than five years in charge, the verdict wasn’t kind. ABB stock jumped more than 5 percent on Wednesday after the Swiss engineering conglomerate announced a parting of ways. The company doesn’t have a replacement lined up, so chairman Peter Voser – a former boss of Royal Dutch Shell Plc – will run things until one is found.
The Zurich-based company said it had net income of 25 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share. The industrial automation company posted revenue of $6.85 ...
Chairman Peter Voser, 61, will take on the role in the interim during the search for a successor, according to a statement Wednesday. Spiesshofer, 55, and the board “mutually agreed for him to step down.” The shares rose as much as 5.8 percent, the biggest jump since February 2013. “We’ve just started the process” to look for a replacement, Voser said on a call with reporters.
HENDERSON, NV / ACCESSWIRE / March 28, 2019 / The energy sector has rallied nearly 15% since the start of 2019. A few companies in the sector caught our eye with impressive M&A activity leading to improved ...
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
NEW YORK, March 26, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]
ABB pays a juicy dividend, and management is committed to turning the company's performance around. Here's what you need to know before buying into that story.
Industrial automation is an area that can thrive regardless of how the economy looks. When times are good, companies are able to invest more in technology to put themselves ahead of the competition. When times are bad, companies look to get leaner - which means substituting human personnel for cost-saving factory automation systems. (Businesses facing the threat of closure quickly get religion on changes.)With the threat of recession growing in 2019, industrial automation stocks may prove a great opportunity. In fact, the current market environment might prove doubly important for factory automation companies. Trade conflict, such as the one between the U.S. and China, can put pressure on manufacturers to move their operations - a costly process that entices companies to make their relocated facilities more cost-efficient.As industry expert Rick Blaisdell has written, the next wave of industrial automation (as well as several other industries) is based on the "Internet of Things" - the interconnectivity of devices past traditional products such as computers and smartphones. IoT solutions using sensors, networks and software can help operate machines, improve quality control, cut down on analytical errors and enhance safety. Thus, many automation plays will be IoT plays, too.Here are six top stocks to buy if you want to gain exposure to the potential all-weather opportunity of industrial automation. SEE ALSO: 20 Top Stock Picks the Analysts Love for 2019
Moody's Investors Service ("Moody's") today affirmed the Ba1 long-term corporate family rating of Swedish real estate company Kungsleden AB (Kungsleden). "The affirmation of the Ba1 ratings with positive outlook reflects Kungsleden's positive trajectory of key indicators over the last quarters that could, if this trend is continued, lead to a credit profile in line with our expectation for an investment grade rating.
Industrial robots have spread from automotive factories into industries such as food production and electronics manufacturing. Shipments of such robots rose 7% last year in North America.
According to the GuruFocus All-in-One Screener, the following stocks have high dividend yields but performed poorly over the last 12 months. AllianceBernstein Holding LP's (AB) dividend yield is 9.07% with a payout ratio of 115%. Over the last 52 weeks, the share price has risen 10%.
ABB's revenues rise year over year in Q4 courtesy of the Robotics and Motion segment's robust performance and the Electrification Products segment's solid momentum.
The company also announced a partnership with Dassault Systemes, which increases its exposure to higher-value industrial automation software with an offering more in line with that of Siemens and Schneider Electric. The robotics division came in with better growth than we expected, up 11% for the fourth quarter and 8% for the year, about 200 basis points above our 6% forecast. The industrial automation division (process automation) posted just 1% growth, about half of what we expected.
Ltd. (ABBN.EB) said Thursday that earnings fell in the fourth quarter despite orders rising across all divisions and regions. The Swiss engineering group said net profit for the October-to-December period fell to $317 million from $393 million a year earlier. ABB said profitability was hit by higher costs and charges from legacy operations as well as the acquisition of GE Industrial Solutions.
Robot stocks are positioned to keep leading the market thanks to new applications, new software and an advancement of connected technologies.
ABB CEO Ulrich Spiesshofer and HPE CEO Antonio Neri kick off three days of exciting and high-profile keynotes featuring ABB Executive Committee members, Futurist Tony Seba, top executives from ABB, BP, ...