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The Latest Breaking News from ABB Ltd

S&P Futures Plunge as Middle East Fears Weigh on Sentiment, Tesla and Netflix Earnings on Tap

December S&P 500 futures (ESZ23) are trending down -0.45% this morning as uncertainties lingered in the Middle East, and investors weighed the possibility of further rate hikes by the Federal Reserve while eagerly awaiting earnings results from U.S. heavyweights Tesla and Netflix.

Top 3 Industrial Stocks to Check out This Week

Top 3 Industrial Stocks to Check out This Week

The industrial sector is expected to witness increased demand thanks to the end-market revival and breakthrough of technological advancements. Given the industry’s solid growth prospects, fundamentally sound industrial stocks ABB Ltd (ABBNY), Tennant Company (TNC), and Thermon Group Holdings (THR) could be excellent investments this week. Read on….

3 Industrial Stocks Dominating Their Industry

3 Industrial Stocks Dominating Their Industry

From revolutionizing manufacturing processes to leading the charge in sustainable solutions, the impact of the industrial sector is felt globally. Therefore, it could be wise for investors to check out industrial stocks ABB Ltd (ABBNY), Tennant Company (TNC), and Thermon Group Holdings (THR), which seem to dominate the industry. Learn…

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3 Stocks to Buy With Great Sentiment

Fed ‘pause’ on interest rate hikes is doubtful after recent solid economic data. The increasing rate-hike speculation and other macroeconomic headwinds are expected to keep the stock market highly volatile in the near term. Hence, it could be wise to invest in fundamentally sound stocks ABB (ABBNY), AmerisourceBergen (ABC), and…

2 Stocks Delivering at least a 2% Dividend Yield

With the increasing likelihood of a recession this year, dividend stocks could protect investors’ portfolios by generating a stable source of income during these uncertain times. Amid this backdrop, it could be wise for investors to buy dividend-paying stocks Automatic Data Processing (ADP) and ABB (ABB), with a yield of…

2 Machinery Stocks to Own, 1 to Sell

The machinery industry is poised for robust growth in the foreseeable years, thanks to the rapid integration of advanced technologies and growing government investments. Given the industry’s tailwinds, investing in fundamentally strong machinery stocks ABB Ltd (ABB) and Tennant Company (TNC) could be wise. On the contrary, Kornit Digital (KRNT)…

2 Industrial Stocks to Buy Now and Hold for the Long Term

Industrial production increased in the last month of 2022 despite the macro headwinds. Moreover, growing demand for industrial goods and services and favorable federal funding should bolster the industry’s prospects. Therefore, fundamentally sound industrial stocks Caterpillar (CAT) and ABB (ABB) might be ideal buys for the long term. These stocks…

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5 Dividend-Paying Industrial Stocks With Buy-Ratings

5 Dividend-Paying Industrial Stocks With Buy-Ratings

While high commodity prices and supply chain disruptions are troubling the industrial sector lately, strong demand for industrial goods and favorable government policies to boost domestic production should help it stay afloat. This, along with impressive dividend-payout histories, makes industrial stocks Raytheon Technologies (RTX), ABB (ABB), United Parcel Service (UPS),…

ABB Clocks 1% Revenue Growth In Q1; Orders Surge 21%

ABB Clocks 1% Revenue Growth In Q1; Orders Surge 21%

ABB Ltd (NYSE:ABB) reported first-quarter FY22 revenue growth of 1% year-over-year to $6.96 billion, on a comparable basis up 7%, missing the consensus of $7.09 billion. EPS improved to $0.31 from $0.25 in 1Q21, beating the consensus of $0.26. Orders increased by 21% Y/Y to $9.37 billion and grew 28% on a…

ABB, PACCAR Collaborate To Provide Advanced Charging Solutions For Trucks

ABB, PACCAR Collaborate To Provide Advanced Charging Solutions For Trucks

ABB Ltd (NYSE:ABB) partners with PACCAR Inc (NASDAQ:PCAR) to provide PACCAR dealers and customers with a range of advanced charging solutions (up to 350 kW) across fleet operations in North America and Europe. Financial terms not disclosed. The partnership will increase operating efficiency and sustainability for PACCAR's dealer network of 2,265 locations in more than…

ABB Clocks 5% Revenue Growth In Q4; Expects Supply Chain Constraints To Prevail Near-Term

ABB Clocks 5% Revenue Growth In Q4; Expects Supply Chain Constraints To Prevail Near-Term

ABB Ltd (NYSE: ABB) reported

RBC Capital Upgrades This Multinational Corporation

RBC Capital Upgrades This Multinational Corporation

RBC Capital analyst Sebastian Kuenne upgraded ABB Ltd (NYSE:ABB) to Outperform from Sector Perform with a price target of CHF 41, up from CHF 30. The "leaner" company is in "far better position" to capture value in the electrification of transport and in the automation of industries, mentions the analyst. Kuenne adds that while Q4…

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