SC 13G/A - ABB LTD (0001091587) (Subject)

SC 13D/A - ABB LTD (0001091587) (Subject)

SC 13G - ABB LTD (0001091587) (Subject)

SC 13D/A - ABB LTD (0001091587) (Subject)

BRENTWOOD, Tenn., Jan. 20, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced the appointment of Laurie Z. Tolson to the Board of Directors effective January 20, 2021. "We are pleased to welcome Laurie to our board," said Uzi Yemin, Chairman, President and Chief Executive Officer of Delek US. "Laurie's background in technology adds yet another aspect of diversity and perspective to our Board and complements the company's drive to utilize technology to enhance operations. To highlight our recent progress in technology implementation, I would encourage shareholders to view this short video link, also posted to the Delek website, Technology - Leading the Fut

Cary, NC, April 04, 2023 (GLOBE NEWSWIRE) -- Investment reflects increased customer demand for electrification and automation productsWisconsin greenfield facility for drives and services demonstrates continued commitment to U.S. customers and workforceInflation Reduction Act supports company's continued investment in creating more secure supply chain and strengthening local manufacturing ABB is accelerating its growth strategy in the United States by investing approximately $170 million and creating highly skilled jobs in manufacturing, innovation and distribution operations. ABB is committed to growing in the U.S. by investing in its electrification and automation businesses that

Atlanta, GA, March 30, 2023 (GLOBE NEWSWIRE) -- Investment of $40 million will create new Albuquerque facility to support the US Utility sector in strengthening the electric gridOperations creates 55 new jobs in New Mexico Increases production of high-demand Elastimold® cable accessory solutions used to improve reliability and safety for American consumers and businesses   ABB is reinforcing its commitment to the US market and Utility industry with the addition of a new manufacturing facility in Albuquerque, New Mexico, for its Installation Products Division, formerly Thomas & Betts. Planning and construction of the new 90,000-square-foot facility is underway and represents an in

Auburn Hills, MI, March 16, 2023 (GLOBE NEWSWIRE) -- Investment of $20 million will increase production at its existing Auburn Hills facility and strengthen ABB's US leadershipNewly expanded, highly automated facility will create new jobs in the state of MichiganExpansion featuring the latest in automated and advanced manufacturing processes to open November 2023 Today, ABB strengthened its commitment to one of its largest customer markets – the US – with construction starting on the expansion of its existing North American robotics headquarters and manufacturing facility in Auburn Hills, Michigan. The project is expected to be completed in November 2023 and represents an investmen

Collaboration positions companies for global leadership in large-scale green hydrogen production systemsCombined technological offerings will include Hydrogen Optimized's RuggedCell™ high-power water electrolyzers and ABB's high-power rectifiersThe two companies consolidated their alliance with a new commercial agreement signed at a hydrogen trade show in Stephenville, Newfoundland, attended by Canadian Prime Minister Justin Trudeau and German Chancellor Olaf ScholzZURICH and OWEN SOUND, ON, Aug. 24, 2022 /CNW/ - ABB and Hydrogen Optimized Inc. (HOI), the Canadian technology innovator unlocking green hydrogen production at scale, have signed an agreement to expand the companies' existing str

BEDFORD, Mass., July 28, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (NASDAQ:BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, today announced that ABB (NYSE:ABB), a leading global technology company, has joined Berkshire Grey's Technology Alliance Program to provide more customers with AI-enabled robotic solutions that improve e-commerce fulfillment throughput and warehouse efficiency      while driving down operational costs. ABB's expertise in providing automation solutions to global e-commerce merchants, retailers, and third-party logistics complements Berkshire Grey's extensive portfolio of AI-enabled robotic automation solutions for eCommerce ful

ABB's Power Technology Subsea System, a reliable subsea energy supply, saves power and energy, decreases costs and schedule, and reduces pollution. SAN ANTONIO, June 29, 2022 /PRNewswire/ -- Frost & Sullivan recently assessed the global oil and gas automation industry, and, based on its research results, recognizes ABB with the 2022 Global Oil and Gas Automation Technology Innovation Leadership Award. The company excels in innovating subsea systems and electrification services and provides underwater control solutions for offshore and submerged industrial systems, especially in the natural gas and oil sectors, thus leading the subsea systems automation market. ABB covers the unmet market nee

Washington, DC, June 28, 2022 (GLOBE NEWSWIRE) -- 70% plan to reshore or nearshore to address supply chain issues, 43% will use automation and robotics to build supply chain resilience At SelectUSA Investment Summit in Washington, DC, Sami Atiya, President of ABB's Robotics & Discrete Automation Business called for public/private partnerships to upskill and prepare workers for the future of work In response to the COVID-19 pandemic, geopolitical disputes, raw materials shortages and trade issues that have rocked global economies and supply chains, a majority of U.S.-based companies are planning to relocate production closer to home. Surveying 1,610 executives in the U.S. an

Cary, NC, June 28, 2022 (GLOBE NEWSWIRE) -- ABB's new Ty-Rap® TyGenic™ cable ties are the industry's first two-piece cable tie that is both antimicrobial* and detectable Over 99 percent effective against a broad spectrum of microorganisms and detectable by x-ray, visual and metal detection systems Helps protect against costly contamination and waste in food and beverage and pharmaceutical processing, healthcare and hygiene-critical locations The cost of contamination can add up, averaging between $10-30 million in direct costs of a recall, plus lost sales, customer confidence and more. In facilities where bacteria reduction and detectability are critical, a standard cable

The ABB investment leads Cassia's Series C funding to support Bluetooth technology as the leading connectivity standard for Industrial IoT. The two companies also enter long-term partnership to further strengthen strategic cooperation. SAN JOSE, Calif., April 26, 2022 /PRNewswire/ -- Cassia Networks, Inc. a leading provider of enterprise Bluetooth IoT products and solutions, announced funding from ABB Technology Ventures, the corporate venture capital unit of ABB. The C round investment will be used to further strengthen the team at Cassia Networks, expand the company's global footprint, and accelerate the development of innovative new Bluetooth products and solutions. The two companies have

SYDNEY and ZURICH and ARMONK, N.Y., Feb. 22, 2022 /PRNewswire/ -- Worley (ASX: WOR), ABB (ABBN: SIX Swiss Ex) and IBM (NYSE:IBM) have signed a memorandum of understanding to collaborate on helping energy companies build and operate green hydrogen facilities more efficiently and at scale.  The planned three-party collaboration aims to develop an integrated, digitally enabled solution for facility owners to build green hydrogen assets more quickly, cheaply, and safely, and operate them more efficiently.   Green hydrogen is a form of clean energy made from water through electroly

On Sunday, Pfizer (NYSE:PFE) and AstraZeneca Plc (NASDAQ:AZN) were among the pharmaceutical companies who announced they will be investing a total of nearly $1 billion in their operations in France, just ahead of this year’s “Choose France” business summit. Together with the domestic Sanofi (NASDAQ:SNY), Pfizer, AstraZeneca will together invest €1.87 billion which is more than $2 billion to expand their operations in the country. AstraZeneca committed 365 million euros, which is about $394 million, to enhance its facilities at its French manufacturing facility in Dunkirk. Pfizer pledged even more, making a commitment to invest 500 million euros or $540 million over the next five years to bo

ABB (NYSE:ABB) reported quarterly earnings of $0.48 per share which beat the analyst consensus estimate of $0.44 by 9.09 percent. This is a 140 percent increase over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $8.16 billion which beat the analyst consensus estimate of $7.95 billion by 2.68 percent. This is a 12.58 percent increase over sales of $7.25 billion the same period last year.

ABB (NYSE:ABB) has outperformed the market over the past 20 years by 5.91% on an annualized basis producing an average annual return of 13.45%. Currently, ABB has a market capitalization of $68.99 billion. Buying $100 In ABB: If an investor had bought $100 of ABB stock 20 years ago, it would be worth $1,259.08 today based on a price of $37.12 for ABB at the time of writing. ABB's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor.

In the current session, the stock is trading at $36.95, after a 0.85% increase. Over the past month, ABB Inc. (NYSE:ABB) stock increased by 5.30%, and in the past year, by 32.14%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. ABB P/E Compared to Competitors The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect

Shares of ABB Inc. (NYSE:ABB) increased by 10.12% in the past three months. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials. One key aspect of a companies financials is its debt, but before we understand the importance of debt, let's look at how much debt ABB has. ABB Debt Based on ABB's balance sheet as of February 24, 2023, long-term debt is at $5.14 billion and current debt is at $2.54 billion, amounting to $7.68 billion in total debt. Adjusted for $4.16 billion in cash-equivalents, the company's net debt is at $3.52 billion. Let's define some of the terms we used in the paragraph above. Current debt is the porti

ABB's (NYSE:ABB) short percent of float has risen 9.09% since its last report. The company recently reported that it has 2.24 million shares sold short, which is 0.12% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.6 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important

In the current market session, ABB Inc. (NYSE:ABB) stock price is at $36.73, after a 0.01% decrease. However, over the past month, the company's stock spiked by 4.89%, and in the past year, by 36.22%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. How Does ABB P/E Compare to Other Companies? The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the compan

ABB (NYSE:ABB) has outperformed the market over the past 20 years by 5.57% on an annualized basis producing an average annual return of 13.17%. Currently, ABB has a market capitalization of $67.29 billion. Buying $1000 In ABB: If an investor had bought $1000 of ABB stock 20 years ago, it would be worth $11,560.09 today based on a price of $36.18 for ABB at the time of writing. ABB's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an edito

ABB (NYSE:ABB) has outperformed the market over the past 20 years by 5.03% on an annualized basis producing an average annual return of 12.64%. Currently, ABB has a market capitalization of $66.64 billion. Buying $1000 In ABB: If an investor had bought $1000 of ABB stock 20 years ago, it would be worth $11,140.32 today based on a price of $35.82 for ABB at the time of writing. ABB's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an edito

In the current market session, ABB Inc. (NYSE:ABB) stock price is at $35.58, after a 0.03% decrease. However, over the past month, the company's stock spiked by 6.66%, and in the past year, by 26.35%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. ABB P/E Ratio Analysis in Relation to Industry Peers The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that th