ABB has agreed to buy the wiring accessories business of German rival Siemens in China, the Swiss engineering group said on Friday.
ZÜRICH, Switzerland, May 08, 2024 (GLOBE NEWSWIRE) -- Electrification and automation leader ABB and Niedax Group, a leading global supplier of cable management systems, have entered into an agreement
Jon Wolfenbarger, a 32-year market veteran warns that despite the seemingly booming U.S. labor market, there are underlying weaknesses that suggest an imminent recession. While the headline numbers sh

ABB Lifts Profit Outlook Despite Sales Miss

03:10am, Thursday, 18'th Apr 2024
ABB raised its profit guidance for 2024, despte reporting flat revenue for the first quarter that missed consensus expectations and weaker group orders.
ABB provided strong returns of 20% CAGR over the past 5 years, but further growth may be unsustainable. ABB is well-positioned to benefit from potential AI growth. Revenue growth is expected to be 5-7
There are some great robotics stocks for investors to buy in the robotics industry. I feel that these companies have the most upside potential out of their competitors.
ABB President of Robotics and Discrete Automation Sami Atiya spoke with Bloomberg's Ed Ludlow about his company's expansion in automation to support U.S. customers amid labor shortages, global supply
As technology continues to advance at an unprecedented pace, robotics stands at the forefront of innovation. It can revolutionize industries from manufacturing to healthcare.
CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners (“ACP”) announced today that its portfolio company SEAM Group (the “Company”) has entered into a definitive agreement to be acquired
ABB has bought a company specialising in boosting the mobility of industrial robots - by using artificial intelligence and 3D vision to move around factories and warehouses.
ZURICH, Switzerland, Jan. 08, 2024 (GLOBE NEWSWIRE) -- ABB today announced that it has agreed to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that ena
In its continual efforts to enhance customer experience, ABB is investing in Lumin, the US-based pioneer and leading provider of responsive energy management solutions, to bring new smart and sustaina
NEW YORK & BROWNSVILLE, Texas--(BUSINESS WIRE)--Texas LNG, a four million tonnes per annum (“MTPA”) liquefied natural gas (“LNG”) export terminal to be constructed in the Port of Brownsville,
Björn Rosengren, CEO at ABB, discusses the company's Capital Markets Day, his outlook for the Chinese economy, and how ABB is achieving its ambitious margin targets.
QUEBEC CITY, Nov. 28, 2023 (GLOBE NEWSWIRE) -- ABB has secured a third contract with GHGSat, the global leader in high-resolution greenhouse gas monitoring from space, to manufacture optical sensors f
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