ABB Ltd. (ABB)
|Type||Electronic Instruments & Controls|
|Product or Service||Measurement and Analysis|
|Application||Diagnostics for fuel cells, solar components and batteries.|
ABB Ltd. ABB is in the business of automating power, and, therefore, is a key company involved in moving implementation of the smart grid forward. ABB’s products and services include power transmission, distribution and power-plant automation. Customers include electric, gas, water utilities, industrial and commercial customers. This smart-grid pure play company operates in approximately 100 countries and has over 116,000 employees.
|7/26/2012||2012 Q2 earnings announced with mixed results. EPS slightly up from previous quarter, but down 20% from same quarter last year. Shares up on purchase of energy optimization company and new $100 million order.||Earnings AnnouncementNew $100 million orderABB acquires Amarcon BV|
*Hypothetical gain from portfolio recommendations from inception. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities contained within this list. Always consult your financial professional before investing.