ABB Ltd

ABB
NYSE
Last Updated: 12/5/2022 9:00:01 PM
Price
31.16
Changes
-0.47
% Change
-1.49
Volume
951811
52 Week
High
39.11
52 Week
Low
24.27
About ABB Ltd
ABB Ltd engages in manufacture and sale of electrification, automation, robotics, and motion products for customers in utilities, industry and transport, and infrastructure in Switzerland and internationally. Its Electrification segment provides electric vehicle charging infrastructure, renewable power solutions, modular substation packages, distribution automation products, switchboard and panelboards, switchgear, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. The company's Robotics & Discrete Automation segment offers industrial robots, software, robotic solutions and systems, field services, spare parts, and digital services. This segment also offers solutions based on its programmable logic controllers, industrial PCs, servo motion, transport system, and machine vision. Its Motion segment manufactures and sells drives, motors, generators, traction converters, and mechanical power transmission products that are driving the low-carbon future for industries, cities, infrastructure, and transportation. The company's Process Automation segment provides process and discrete control technologies, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation, marine propulsion systems, and large turbochargers. In addition, this segment offers remote monitoring, preventive maintenance, asset performance management, emission monitoring, and cybersecurity services. It serves aluminum, automotive, buildings and infrastructure, cement, channel partners, chemical, data centers, food and beverage, process automation, life sciences, marine and ports, metals, mining, oil and gas, ports, power generation, printing, pulp and paper, railway, smart cities, water, and wind power industries. The company was founded in 1883 and is headquartered in Zurich, Switzerland.
ABB Ltd Company Details
CEO:   Ulrich Spiesshofer
Country:   CH
Industry:   Electrical Equipment & Parts
Website:   https://global.abb/group/en
Exchange:   New York Stock Exchange
IPO\Launch Date:   2001-08-29
ABB Ltd Company Executive Details
  Ms. Ann-Sofie Nordh
  Head of Investor Relations
  Mr. Alec Joannou
  Chief Information Officer
  Mr. Morten Wierod
  Pres of Motion Bus.
  Dr. Sami Atiya
  Pres of Robotics & Discrete Automation Bus.
  Mr. Tarak Mehta
  Pres of Electrification Bus.

ABB Ltd Latest News

U.S. says Swiss engineering group ABB to pay over $315 mln to resolve bribery case


Swiss engineering and technology group ABB Ltd agreed to pay more than $315 million to resolve an investigation into a bribery case at a South African state-owned energy company, the U.S. Justice Department said on Friday.


Published on: 2022-12-02 17:15:33

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Swiss engineering group ABB fined $4.3 mln


Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the country's Attorney General in connection with a bribery case in South Africa.


Published on: 2022-12-02 02:52:22

Impact on Symbol / Company: ABB

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Here's Why Hold Strategy is Apt for ABB Stock Right Now


ABB stands to benefit from strong underlying market demand and pricing actions across its businesses. Its portfolio management strategy should fuel growth.


Published on: 2022-11-23 16:33:12

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ABB Has Rebuilt Belief In Its Execution, But Macro Is Getting More Challenging


ABB's third quarter results included above-average revenue and order growth, as well as the best margins seen in many years as ABB leverages past self-improvement efforts. Cracks are emerging in the macro outlook, with short-cycle demand likely to fall next year and a pause in automation capex looking more and more likely to me.


Published on: 2022-11-01 12:21:11

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ABB Q3 Earnings and Revenues Miss Estimates, Orders Rise Y/Y


ABB's third-quarter 2022 revenues increased 5.4% year over year on impressive performance across most segments. Order rises in Electrification and Motion segments.


Published on: 2022-10-21 12:02:21

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ABB Ltd (ABB) Q3 2022 Earnings Call Transcript


ABB Ltd (NYSE:ABB ) Q3 2022 Earnings Conference Call October 20, 2022 4:00 AM ET Company Participants Bjorn Rosengren - Chief Executive Officer Timo Ihamuotila - Chief Financial Officer Ann-Sofie Nordh - Head of Investor Relations Conference Call Participants Martin Wilkie - Citi Alexander Virgo - Bank of America Gael de-Bray - Deutsche Bank Ben Uglow - Morgan Stanley Guillermo Peigneux - UBS James Moore - Redburn William Mackie - Kepler Cheuvreux Joe Giordano - Cowen Daniela Costa - Goldman Sachs Ann-Sofie Nordh Greetings to all, and nice to connect again, as I welcome you to the presentation of ABB's Third Quarter Results. I'm Ann-Sofie Nordh, Head of Investor Relations.


Published on: 2022-10-20 08:38:01

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ABB reports better-than-expected Q3 operating profit


ABB reported better-than-expected core operating profit during its third quarter, with the engineering and technology company saying on Thursday it was seeing no changes in underlying customer activity which remained at a high level.


Published on: 2022-10-20 00:59:57

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ABB completes spinoff of turbocharging unit Accelleron


ABB Ltd. said Monday that it had completed the spinoff of its turbocharging unit, now called Accelleron, offering one new Accelleron share for each 20 ABB shares.


Published on: 2022-10-03 01:57:00

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The 7 Best Robotics Stocks to Buy Now


Without question, many companies, particularly in the manufacturing sector, are intensively utilizing robotics. And they are doing it much more so than they did 10 or 15 years ago.


Published on: 2022-09-29 14:18:41

Impact on Symbol / Company: ABB

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Is the Options Market Predicting a Spike in ABB Stock?


Investors need to pay close attention to ABB stock based on the movements in the options market lately.


Published on: 2022-09-27 09:47:09

Impact on Symbol / Company: ABB

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3 Blue Chip Stocks With Growth Potential You Can't Miss


These companies face near-term risk coming from a slowing economy, but they are all transforming their businesses for long-term growth.


Published on: 2022-09-25 13:22:00

Impact on Symbol / Company: ABB

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ABB Shares Decline 24.1% in 6 Months: What's Hurting It?


Supply-chain disturbances and freight cost woes are hurting ABB's operations. Unfavorable foreign-currency movements are an added concern.


Published on: 2022-09-21 16:33:13

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