$ABB

ABB Ltd.

  • NEW YORK STOCK EXCHANGE INC.
  • Producer Manufacturing
  • Electrical Products
  • Manufacturing
  • Switchgear and Switchboard Apparatus Manufacturing

PRICE

$29.79 ▲1.603%

Extented Hours

VOLUME

2,859,432

DAY RANGE

28.205 - 28.625

52 WEEK

27.74 - 38.11

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@DaveDixon #CoreTrader
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UK Market Finishing in the green yesterday, amid gains in mining sector stocks and positive earnings outlook. Ferguson climbed 5.9%, after the company lifted its annual outlook. Rio Tinto advanced 4.8%, after a top broker upgraded its rating on the stock to ‘Hold’ from ‘Sell’. Ashtead Group added 3.9%, after the company raised its full year profit forecast and increased its dividend payout. PageGroup edged up 3.8%, as the company increased its profit targets for the third time in six months. British American Tobacco rose 1.0%, after the company reiterated its annual profit and sales guidance. On the other hand, AstraZeneca dropped 1.7%, after a top broker downgraded its rating on the stock to ‘Hold’ from ‘Buy’. Babcock International Group fell 1.0%, even though the company reported a rise in its interim profits. The FTSE 100 advanced 1.5%, to close at 7,339.9, while the FTSE 250 rose 1.6%, to end at 23,238.2. European Market We’re higher yesterday, amid easing worries about the impact of the Omicron variant on global economic recovery. Nordex climbed 6.0%, after the company received a 47MW turbine order for a wind project in Sweden from WPD. WorldLine advanced 2.3%, following news that Eurobank agreed to sell 80% of its merchant acquiring business to the payments firm. Symrise added 1.7%, after the supplier of fragrances, flavors, food, nutrition and cosmetic ingredients announced that it has signed a deal for purchasing Giraffe Foods Inc. based in Mississauga, Ontario, Canada. ABB rose 1.3%, after the engineering company raised its sales and profitability targets, citing higher demand. The FTSEurofirst 300 index gained 2.4%, to settle at 1,862.3. The German DAX Xetra rose 2.8%, to settle at 15,813.9, while the French CAC-40 added 2.9%, to close at 7,065.4. US Market Also closed higher yesterday, amid gains in technology sector stocks and as concerns over the Omicron variant eased. Acadia Pharmaceuticals jumped 9.9%, after the company announced positive results in a late-stage trial of its experimental drug for Rett Syndrome. Mimecast climbed 5.9%, after the cybersecurity company agreed to be acquired by Permira for a consideration of around $5.8 billion. Jack In The Box advanced 5.8%, after a top broker upgraded its rating on the stock to ‘Buy’ from ‘Hold’. GlaxoSmithKline rose 1.5%, after the company indicated that preclinical studies showed its antibody therapy for Covid-19, sotrovimab, developed in partnership with Vir Biotechnology is effective against the Omicron variant. American Airlines Group slid 0.2%, after the company’s Chief Executive Officer, Doug Parker, announced his resignation with effect from 31 March but would remain as Chairman. The S&P 500 gained 2.1%, to settle at 4,686.8. The DJIA rose 1.4%, to settle at 35,719.4, while the NASDAQ added 3%, to close at 15,686.9. Asian Markets We’re trading mostly higher this morning. In Japan, Nitto Denko and Nintendo have advanced 3.4% and 3.5%, respectively. Meanwhile, Taiheiyo Cement and Fujikura have fallen 1.7% and 1.9%, respectively. In Hong Kong, Hang Seng Bank and Alibaba Health Information Technology have dropped 1.0% and 1.5%, respectively. Meanwhile, Shenzhou International Group Holdings and Longfor Group Holdings have added 1.4% and 1.7%, respectively. In South Korea, Dongwon Systems and Dae Young Packaging climbed 7.0% and 8.3%, respectively. Meanwhile, SC Engineering and ISU Chemical have declined 3.6% and 3.7%, respectively. The Nikkei 225 index is trading 1.4% higher at 28,866.4. The Hang Seng index is trading 0.1% down at 23,954.9, while the Kospi index is trading 0.9% higher at 3,018.6.

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@HeyShoe #droscrew
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Schneider, ABB, other fill in the smaller space

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@DaveDixon #CoreTrader
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UK Market Markets finished lower yesterday, led by losses in mining sector stocks. Renishaw declined 11.1%, after the company reported an increase in its full year profit. Lancashire Holdings dropped 7.3%, after the company issued a profit warning citing natural catastrophes including Hurricane Ida and European storms Bernd. Moonpig Group fell 3.2%, after the greeting card company announced that its shareholders placed 30 million shares. Barclays slid 0.8%, even though the lender reported that its profits almost doubled in the third quarter. On the other hand, RELX added 1.6%, after the company raised its annual outlook for underlying growth rates in revenue and adjusted operating profit. Unilever rose 1.2%, after the consumer goods giant reported better than expected sales growth in the third quarter. The FTSE 100 slipped 0.5%, to close at 7,190.3, while the FTSE 250 fell 0.2%, to end at 22,917.1 . . Europe Market Also finished lower yesterday, led by losses in the mining sector stocks. Rexel declined 9.4%, after the company reported lower than expected sales in the third quarter. Zur Rose Group dropped 7.7%, even though the online pharmacy reported an increase in its nine-month revenues. ABB fell 5.8%, after the engineering and tech group cut its sales outlook for the full year. Getlink shed 2.0%, after the railway company reported a drop in its third quarter revenue. On the flipside, Soitec climbed 8.0%, after the company lifted its full year forecast, after reporting increased activity levels and a strong operating performance. Software rose 2.2%, after the company reported an increase in its third quarter profits. The FTSEurofirst 300 index slipped 0.1%, to close at 1,819.1. Among other European markets, the German DAX Xetra 30 fell 0.3%, to close at 15,472.6, while the French CAC-40 dropped 0.3%, to settle at 6,686.2. . US Market Closed mostly higher yesterday, amid strong corporate earnings results. Crocs jumped 9.3%, after the shoemaker’s third quarter revenue and earnings surpassed analysts’ forecast. Tenet Healthcare climbed 7.3%, after the company reported strong results in the third quarter and lifted its annual earnings outlook. Denny's advanced 5.5%, following a rating upgrade on the stock to ‘Buy’ from ‘Hold’. Tesla added 3.3%, after the electric vehicle maker reported better than expected revenue and earnings in the third quarter. Blackstone rose 3.0%, after the company reported upbeat results in the third quarter. On the other hand, Krispy Kreme fell 5.7%, after a top broker downgraded its rating on the stock to ‘Hold’ from ‘Buy’. Quest Diagnostics shed 1.0%, even though the company reported better than expected third quarter earnings. The S&P 500 gained 0.3%, to settle at 4,549.8. The DJIA marginally fell to settle at 35,603.1, while the NASDAQ advanced 0.6%, to close at 15,215.7. . Asia Market Trading higher this morning. In Japan, Advantest and Sumco have advanced 2.0% and 2.8%, respectively. Meanwhile, Dowa Holdings and Z Holdings have dropped 2.0% and 4.8%, respectively. In Hong Kong, Li Ning and BYD have risen 4.4% and 5.0%, respectively. Meanwhile, AIA Group and PetroChina have fallen 0.9% and 3.7%, respectively. In South Korea, Dongsuh and Central Insight have climbed 7.4% and 18.3%, respectively. Meanwhile, Maniker and Century have declined 5.5% and 14.0%, respectively. The Nikkei 225 index is trading 0.6% higher at 28,892.1. The Hang Seng index is trading 0.5% up at 26,138.1, while the Kospi index is trading 0.4% higher at 3,018.1.

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@DarkPoolAlgo #Dark Pool Charts
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Monday, July 26, 2021 Futures Up/Down % Last Dow -112.00 0.32% 34,839 S&P 500 -10.25 0.23% 4,393 Nasdaq -20.50 0.14% 15,077 Stocks are pulling back after another record high for stocks on Friday as markets ready for the biggest week of quarterly earnings (about 1/3 of the S&P 500 report this week) including mega-cap giants including Apple, Amazon, Facebook, Microsoft, Alphabet, Tesla, and Boeing among them. Sentiment was hurt by China’s widening crackdown of the technology sector and a statement from Beijing that the U.S.-China relationship was “now in a stalemate and faces serious difficulties” as high-level talks began. The comment sunk Asian markets as The Nikkei Index rose 285 points to 27,833, but the Shanghai Index tumbled -82 points to 3,467 and the Hang Seng Index plunged -1,129 points (or 4.13%) to settle at 26,192. In Europe, the German DAX is down over -60 points to 15,600, while the FTSE 100 dips about -0.25% to hold just above the 7,000 level. The yield on the benchmark 10-year Treasury fell to 1.246% as investors awaited the Federal Reserve’s outlook. The FOMC 2-day meeting begins Tuesday and ends Wednesday with a policy statement/press conference from Fed Chairman Jerome Powell. Stock averages posted strong returns last week as the S&P 500 rose 1.96%, the Dow rose 1.08%, and the Nasdaq added 2.84% in a big comeback (and then some) as the major indices rode a rally back into record territory, posting four-straight up days after a big selloff to start the week. The S&P, Nasdaq and Dow closed at all-time highs to make it four winning weeks out of five with the Dow ending above 35,000. It took 69 trading days to go from 34k to 35k, which is the longest since 29k to 30k took 218 days. The 10-year Treasury yield also had a big comeback, but ended the week around 1.29%, just below where it was last Friday (it had dropped to as low on 1.12% on Tuesday). Bitcoin prices rose above its 50-day moving average on Saturday for the first time since May 12. It rose again Sunday, its sixth consecutive day of gains, to above $38K. Bitcoin traded above the technical level after comments from Ark Investment Management LLC’s Cathie Wood and Tesla Inc. Chief Executive Officer Elon Musk helped boost its momentum. Prices took off yesterday after London’s City A.M. newspaper said Amazon ($AMZN) is looking to accept bitcoin payments by year-end – the story is boosting shares of Bitcoin miners, banks etc.: $SI, $MARA, $RIOT, $MSTR, $COIN. Market Closing Prices Yesterday The S&P 500 Index gained 44.31 points, or 1.01%, to 4,411.79 The Dow Jones Industrial Average rose 238.20 points, or 0.68%, to 35,061.55 The Nasdaq Composite surged 152.39 points, or 1.04%, to 14,836.99 The Russell 2000 Index advanced 10.17 points, or 0.46% to 2,209.65 Events Calendar for Today 10:00 AM ET New Home Sales MoM for June 10:30 AM ET Dallas Fed Manufacturing for July Earnings Calendar: Earnings Before the Open: $ARLP, $BOH, $CBU, $HAS, $LII, $LMT, $OTIS, $PETS, $RPM Earnings After the Close: $ACC, $ADC, $AGNC, $AGRX, $AMKR, $AMP, $ARE, $ARI, AXTA, $BDN, $BRO, $CALX, $CATY, $CDNS, $CR, $FFIV, FRME, $FSTX, $HLX, $HMST, $HSII, $HTLF, $HXL, $IRT, $JJSF, KREF, MEDP, MEDS, $NBTB, $PKG, $RBB, $RRC, $SSD, $SUI, $TBI, $TNET, $TSLA, $UHS Other Key Events: Alzheimer’s Association International Conference (AAIC) 2021 (virtual), 7/26-7/30 Society of Cataract & Refractive Surgery, 7/23-7/27, in Las Vegas Macro Up/Down Last Nymex -0.56 71.51 Brent -0.48 73.62 Gold 6.30 1,808.45 EUR/USD 0.0023 1.1794 JPY/USD -0.28 110.27 10-Year Note -0.04 1.245% World News Germany July IFO climate8 vs 102.1 cons; Expectations 101.2 vs 103.3 consensus; Assessment 100.4 vs 101.5 consensus; German IFO: Supply problems are weighing on economy in both industry & retail; majority of firms complain of materials shortage and “massive” price increases; industry says it is short of production targets Sector News Breakdown Consumer Hasbro ($HAS) Q2 adj EPS $1.05 vs. est. $0.48; Q2 revs $1.32B vs. est. $ 1.17B Travel and leisure stocks rallied in the initial reopening stage of the pandemic, but the surge has fizzled with the spread of the delta variant. Barron’s identifies six stocks that can be bargains during the next leg of the reopening. Hilton ($HLT), Host Hotels & Resorts ($HST), MGM Growth Properties ($MGP), Royal Caribbean ($RCL), Travel + Leisure ($TNL), and Wyndham Hotels & Resorts ($WH) have some attributes to withstand uncertain stretches amid the rise in Covid variant, according to Barron’s China confirmed that the country is banning for-profit school tutoring companies after a report on the possible move sent shares of tutoring firms TAL Education ($TAL), New Oriental ($EDU) and Gaotu Techu ($GOTU) plunging on Friday. Companies that teach school subjects can no longer accept overseas investments, according to a Bloomberg report, which cited a notice from China’s State Council. Listed firms can no longer raise capital through stock markets Airbnb ($ABNB) CEO told Barron’s that the industry still has room to grow despite the delta variant. The pandemic has opened up a whole new business, such as monthly rentals, as people work from new places. He expects longer stays to be the bread and butter at some point TripAdvisor ($TRIP) is the cheapest online travel stock to buy according to Barron’s saying while it has struggled to make the most of its hundreds of millions of users, that could soon change as the company has started a new travel subscription service that offers discounted hotel rates and other benefits; shares now around $36, look inexpensive, having fallen from a March peak of $65 Amazon ($AMZN) is said to be looking to accept bitcoin payments by the end of the year and its exploring its own token for next year. Amazon has been working on the plan since 2019, according to a City A.M. report, which cites an unidentified insider General Motors ($GM) and its Cruise robo-taxi subsidiary have filed a lawsuit to stop Ford Motor ($F) from using the name “BlueCruise” to market its hands-free driving technology Energy, Industrials and Materials RBC Bearings ($ROLL) is in advanced talks to buy ABB Ltd.’s ($ABB) mechanical power transmission business, for between $2.5 billion and $3 billion Bloomberg reported this weekend Lithium Americas ($LAC) rises after a U.S. federal judge ruled that LAC may conduct excavation work at its Thacker Pass lithium mine site in Nevada, which could become one of the country’s biggest lithium mines producing 30,000 tonnes Otis Worldwide ($OTIS) Q2 adj EPS 79c vs. est. 71c; Q2 revs $3.7B vs. est. $3.45B; Q2 new equipment orders were up 23.9% and backlog was up 10%; raises FY21 adjusted EPS view to $2.89-$2.93 from $2.78-$2.84 (est. $2.87) and boosts FY21 revs view to $14.1B-$14.2B from $13.6B-$13.9B Canada’s Unifor union says ~900 workers have gone on strike at Rio Tinto’s ($RIO) Kitimat aluminum smelting plant and Kemano power generating facility in British Columbia over labor contracts with the company Seadrill ($SDRLF) said it entered into agreements with creditors to raise $350 million in new financing and reduce its liabilities by over $4.9 billion Financials Robinhood ($HOOD) IPO coming soon, and Barron’s cautious on shares; notes Robinhood is a truly transformational company, but its problem is the quality and sustainability of its revenue, notes is also highly dependent on cryptocurrency trading, another area under close review by the SEC KeyCorp ($KEY), M&T Bank ($MTB) among bank stocks with yields above 3%, according to Barron’s noting this year’s rally in bank stocks appears to have slowed to a sputter, but investors should stick around given banks’ reliable dividends Healthcare Bristol Myers ($BMY) decided to voluntarily withdraw the indication for Opdivo as a single agent for patients with hepatocellular carcinoma Incyte Corporation ($INCY) said the FDA issued a Complete Response Letter regarding its Biologics License Application (BLA) for retifanlimab, an intravenous PD-1 inhibitor, for the treatment of adult patients with locally advanced or metastatic squamous cell carcinoma of the anal canal (SCAC) who have progressed on, or who are intolerant of, platinum-based chemotherapy. Genetron Holdings ($GTH) announces that its Ayvakit (avapritinib) companion diagnostic (CDx) kit, developed in partnership with CStone Pharmaceuticals has entered the priority review and approval process in China. PerkinElmer, Inc. ($PKI) entered into an agreement to acquire BioLegend, a leading, global provider of life science antibodies and reagents, for approximately $5.25 billion in a combination of cash and stock, subject to certain adjustments Tonix Pharmaceuticals ($TNXP) said it will stop enrollment in the Phase 3 Rally study of TNX-102 SL 5.6 mg for the management of fibromyalgia, sending shares lower by over 30% Technology, Media & Telecom Tencent Music ($TME) shares fall -14% after Chinese regulators ordered the company to give up exclusive music streaming rights and pay half a million yuan in fines Check Point ($CHKP) Q2 EPS $1.61 vs., est. $1.56; Q2 revs $526.1M vs. est. $523.7M Consumer spending on videogames in the second quarter eked out a 2% gain against very tough pandemic comps, as data from NPD Group’s Q2 2021 Games Market Dynamics report show overall spending hit $14B for the April-June quarter, with gains across PC, cloud and non-console VR content, mobile and subscription spending as well as hardware.

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@DaveDixon #CoreTrader
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UK Markets Closed mixed yesterday, as positive earnings result outweighed losses in commodity and consumer goods sector stocks. Morgan Sindall Group surged 12.5%, after the company issued an upbeat annual profit outlook, amid strong trading across the group. Volution Group climbed 6.0%, after the company announced that it expects its annual revenue and earnings to be ahead of market expectations. 3i Group advanced 4.2%, after the company announced that its Action retail business recovered from the impact of the pandemic. IG Group Holdings added 4.1%, as the company upgraded its medium-term guidance, after reporting an increase in its annual revenue and profit. On the flip side, Unilever dropped 5.9%, after the company cut its annual operating margin forecast, amid rising costs. NatWest Group fell 2.7%, after the government announced a new plan to reduce its £12.0 billion stake in the bank. The FTSE 100 declined 0.4%, to close at 6,968.3, while the FTSE 250 rose 0.6%, to end at 22,677.3. . European Markets Closed higher yesterday, after the European Central Bank (ECB) pledged to keep its interest rates at record lows for a longer time and amid strong corporate earnings reports. EQT surged 12.8%, after the private equity firm reported higher earnings in the first half of the year. Banca Monte dei Paschi di siena added 3.7%, following reports that its former shareholder, Monte dei Paschi foundation agreed to drop compensation claims worth billions. ABB rose 1.2%, after the company raised its annual sales outlook and announced that it is considering a spin-off of its electric vehicle charging business. Publicis Groupe edged up 0.3%, after the advertising giant reported upbeat results in the second quarter and forecasted that it would return to pre-pandemic levels this year. The FTSEurofirst 300 index gained 0.5%, to settle at 1,759.5. The German DAX Xetra rose 0.6%, to settle at 15,514.5, while the French CAC-40 added 0.3%, to close at 6,481.6. . US Markets Finished higher yesterday, amid gains in technology sector stocks. Crocs jumped 10.0%, after the company reported better than expected second quarter earnings and raised its full year guidance. Blackstone Group advanced 4.1%, after the company’s second quarter revenue and earnings came in above analysts’ forecast. MDH Acquisition added 2.4%, following news that Olive.com and PayLink Direct would merge with MDH to form a new publicly traded company. Union Pacific rose 1.1%, after the company reported higher than expected revenue and earnings in the second quarter. Biogen edged up 1.1%, after the drugmaker reported an increase in its second quarter earnings and raised its annual revenue outlook for the current year. Meanwhile, NETGEAR dropped 9.5%, after the company reported lower than expected revenue in the second quarter. Whirlpool fell 1.2%, even though the company reported better than anticipated second quarter revenue and earnings. The S&P 500 gained 0.2%, to settle at 4,367.5. The DJIA rose 0.1%, to settle at 34,823.4, while the NASDAQ added 0.4%, to close at 14,684.6.. Asian Markets Are trading mixed this morning. In Hong Kong, Longfor Group Holdings and Hong Kong Exchanges & Clearing have fallen 2.3% and 3.1%, respectively. Meanwhile, CNOOC and China Mobile have risen 0.3% and 1.2%, respectively. In South Korea, POSCO International and Jico have climbed 12.1% and 29.7%, respectively. Meanwhile, Hwashin and Century have declined 5.2% and 14.0%, respectively. Markets in Japan are closed today on account of a public holiday. On Wednesday, the Nikkei 225 index rose 0.6% to close at 27,548.0. Today, the Hang Seng index is trading 0.9% down at 27,464.3, while the Kospi index is trading 0.1% higher at 3,255.0. . Commodity Brent crude oil one month futures contract is trading 0.39% or $0.29 lower at $73.50 per barrel, ahead of the weekly US oil rig count data by Baker Hughes, scheduled to be released later today. Yesterday, the contract climbed 2.16% or $1.56, to settle at $73.79 per barrel, amid expectations of tighter crude supplies until the end of the year. Gold futures contract is trading 0.14% or $2.50 higher at $1807.90 per ounce. Yesterday, the contract climbed 0.11% or $2.00, to settle at $1805.40 per ounce. . Currency EUR is trading marginally higher against the USD at $1.1773, ahead of the manufacturing PMIs across the Euro-zone for July, scheduled to release in a few hours. Additionally, investors await the US manufacturing PMI for July, slated to release later today. Yesterday, the EUR weakened 0.2% versus the USD, to close at $1.1771. On the data front, Euro-zone’s consumer confidence index unexpectedly fell in July. In other economic news, the US Chicago Fed National Activity Index dropped in June, while the nation’s initial jobless claims data advanced to a 2-month high level in the week ended 16 July 2021. Meanwhile, the US existing home sales rose for the first time in five months in June. GBP is trading marginally lower against the USD at $1.3765, ahead of UK’s retail sales data for June and the manufacturing PMI for July, due in a few hours. Yesterday, the GBP strengthened 0.4% versus the USD, to close at $1.3768. . Bitcoin BTC is trading 1.03% higher against the USD at $32580.93. On Friday, BTC advanced 1.35% against the USD to close at $32247.75. In a key development, Bitcoin Depot announced that it would expand its operations into Circle K locations in the US and Canada. In another development, Visa announced that it would acquire Currencycloud, a fintech platform, to improve its foreign exchange business and expand them to serve financial institutions, fintechs and partners.. . Economic News Euro-zone consumer confidence index unexpectedly dropped in July In the Euro-zone, the consumer confidence index dropped to a level of -4.40 in July, compared to a reading of -3.30 in the prior month. Markets were expecting the index to rise to -2.50. ECB keeps interest rate unchanged, revises its forward guidance The ECB, in its latest monetary policy meeting, kept its benchmark interest rate unchanged at 0.00%, as widely expected. Further, the ECB committed to purchase €1.85 trillion of bonds until March 2022 as part of its Pandemic Emergency Purchase Program. However, the central bank’s Governing Council revised its forward guidance on interest rates and pledged a ‘persistently accommodative’ stance in new guidance. US initial jobless claims unexpectedly rose in the week ended 16 July 2021 In the US, the seasonally adjusted number of initial jobless claims rose to a level of 419.00 K in the week ended 16 July 2021, compared to a revised level of 368.00 K in the previous week. Markets were expecting initial jobless claims to fall to a level of 350.00 K. US existing home sales advanced in June In the US, existing home sales rose 1.40% on a MoM basis in June, compared to a revised fall of 1.20% in the prior month. US Chicago Fed National Activity Index fell in June In the US, the Chicago Fed National Activity Index dropped to 0.09 in June, compared to a revised level of 0.26 in the previous month

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@DaveDixon #CoreTrader
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European Markets Finished mostly higher yesterday, amid optimism about global economic recovery. Kering advanced 1.6%. The company announced that it would sell 8.9 million shares in Puma. Delivery Hero added 0.8%. Glovo announced that it would take over the online food ordering company's businesses in Bosnia Herzegovina, Bulgaria, Montenegro, Romania and Serbia, and purchase certain assets of its Croatian operations. ABB rose 0.1%, after the company signed a partnership deal with Equinor on digital integration to optimise offshore assets. Meanwhile, Danone fell 1.8%, following a rating downgrade on the stock to ‘Sell’ from ‘Outperform’. ams slid 0.2%. The company announced that it has officially opened a dedicated Russian entity. The FTSEurofirst 300 index marginally gained to settle at 1,715.5. The German DAX Xetra fell 0.1%, to settle at 15,450.7, while the French CAC-40 slightly rose to close at 6,391.6. .

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@handynummer0173 #robertrother
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@Ronin sieht das bei dir so aus in der Abb? Oben rechts

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@DaveDixon #CoreTrader
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European Market S Also finished higher yesterday, amid robust corporate earnings results. Sbanken surged 30.3%, after Norway’s largest lender, DNB announced a $1.3 billion bid for the company. Draegerwerk AG jumped 10.6%, after the medical and safety technology company reported a rise in its preliminary net sales in the first quarter. Deutsche Wohnen rose 3.6%, after the German Constitutional Court ruled that Berlin’s rent cap law was invalid. Publicis Groupe climbed 3.3%, after the advertising company reported its first organic growth since the Covid-19 pandemic. ABB advanced 3.2%, after the company raised its annual sales outlook. Heineken added 1.9%, after announcing that it aims to be carbon neutral in its production sites by 2030 to meet the 1.5°C goal set by the Paris Agreement. The FTSEurofirst 300 index gained 0.5%, to settle at 1,688.2. The German DAX Xetra rose 0.3%, to settle at 15,255.3, while the French CAC-40 added 0.4%, to close at 6,234.1.. .

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@DaveDixon #CoreTrader
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European Market Markets were higher yesterday, on optimism over economic recovery. Telenor advanced 2.1%, following news that the telecom company and Axiata Group are in advanced talks regarding a deal to merge their Malaysian mobile operations, Digi and Celcom. ABB rose 0.3%, after the company launched a new share buyback program. On the contrary, Gerresheimer dropped 2.1%, despite reporting a rise in its first quarter profit and confirming its annual outlook. SSAB shed 0.8%. The company signed a collaboration deal with Volvo Group on research, development, serial production and commercialization of vehicles to be made of fossil-free steel. Aareal Bank slid 0.7%, after the company rejected the demand by Petrus Advisers for a partial replacement of Supervisory Board members. The FTSEurofirst 300 index gained 0.6%, to settle at 1,681.7. The German DAX Xetra rose 0.2%, to settle at 15,202.7, while the French CAC-40 added 0.6%, to close at 6,165.7. .

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@DaveDixon #CoreTrader
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European Market Markets finished higher on Friday, as progress in vaccination rollouts raised hopes of economic recovery. ABB climbed 2.4%, after the engineering company announced plans to buyback shares worth around $4.3 billion. Banco Santander advanced 1.4%, after the lender announced plans to make a cash offer to buy a remaining 8.3% stake in its Mexican unit for a total consideration of €550.0 million. Sika added 1.0%, after the specialty chemicals company announced that it has acquired the flooring adhesives business of DriTac. Allianz rose 0.7%, after the insurer announced a €2.9 billion deal for Aviva’s Polish unit. The FTSEurofirst 300 index gained 0.9%, to settle at 1,644.4. The German DAX Xetra rose 0.9%, to settle at 14,748.9, while the French CAC-40 added 0.6%, to close at 5,988.8. .

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@dros #droscrew
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Upgrades 2/8: $ABB $APD $CEQP $CORR $DB $EL $FLNG $HSY $HUBG $MGM $MXL $NBLX $OPBK $PACW $PPC $SAFM $TDC $TGT $TRGP $TSCO $TSN $WDAY $WPM $XOM

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@DaveDixon #CoreTrader
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Europe Market Europe finished higher yesterday, led by gains in drugmaker sector stocks and following a pickup in vaccination drive. Bayer climbed 5.3%, after the company announced a $2.0 billion deal with plaintiffs' class counsel on a class plan designed to manage and resolve future Roundup cases. TechnipFMC advanced 3.1%, following the announcement of the timing and details regarding its previously announced separation into two industry-leading, independent, publicly traded companies. Roche Holding rose 2.2%, after the company reported a rise in its annual net income. On the contrary, ABB dropped 4.8%, after the company reported a loss in the fourth quarter. Infineon Technologies shed 0.7%. The company reported better than expected revenue in the first quarter. Deutsche Bank slid 0.3%, despite reporting its first annual net profit since 2014. The FTSEurofirst 300 index gained 0.6%, to settle at 1,576.7. The German DAX Xetra rose 0.9%, to settle at 14,060.3, while the French CAC-40 added 0.8%, to close at 5,608.5. .

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@bunnytoad69 #droscrew
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im excited for my 20 contracts of $ABB 28 call to expire worthless finally

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@bunnytoad69 #droscrew
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@dros how you feeling about those $ABB weeklies

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@HeyShoe #droscrew
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dont buy ABB

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@bunnytoad69 #droscrew
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i just picked up 5x of those ABB $28s for Dec18

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@dros #droscrew
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they out here on $ABB $28 Cs

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@DaveDixon #CoreTrader
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Europe Market Europe also finished lower yesterday, amid concerns about rising coronavirus cases around the world. Norwegian Air Shuttle plunged 15.7%, after the airline operator filed for bankruptcy protection in Ireland for two of its main units. Kion Group dropped 7.0%, after the provider of industrial trucks and supply chain solutions announced a capital raise. Unibail-Rodamco-Westfield declined 4.1%, following the appointment of Jean-Marie Tritant as Chairman of the Management Board and Group Chief Executive Officer. Thyssenkrupp dropped 3.4%, after the company announced plans to cut around 5000 jobs over the next three years. ABB fell 2.5%. The engineering company revealed that it is planning to sell three business units that generate $1.75 billion in sales. Bouygues slid 0.8%, despite raising its outlook for the second half of the year. The FTSEuro first 300 index slipped 0.7%, to settle at 1,497.1. The German DAX Xetra fell 0.9%, to settle at 13,086.2, while the French CAC-40 shed 0.7%, to close at 5,474.7. .

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@HeyShoe #droscrew
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that's small division for ABB

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@dros #droscrew
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$ABB chatter on interested buyers for a division

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@DaveDixon #CoreTrader
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European markets finished higher yesterday, on optimism over further stimulus from the US Federal Reserve. ProSiebenSat.1 Media advanced 3.0%, after a top broker upgraded its rating on the stock to ‘Buy’ from ‘Neutral’. Evotec added 1.8%, after the company received a $6.0 million payment from Bristol Myers Squibb following the decision to expand its portfolio by another drug discovery project. ABB rose 0.7%, after the company announced that its high precision robots have been deployed to accelerate Covid-19 testing in Singapore. On the flipside, Suedzucker declined 12.6%, as the company indicated that a disappointing sugar beet crop expected in Europe this year, weaker trend in world sugar prices and the economic uncertainty from Covid-19 are still affecting the sugar sector. The FTSEurofirst 300 index gained 0.7%, to settle at 1,424.9. The German DAX Xetra rose 0.9%, to settle at 13,042.2, while the French CAC-40 added 0.6%, to close at 4,911.9. .

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@Mago.del.Borneo #decarolis
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Nexi – Mercury Uk cede il 13,4% del capitale tramite Abb 07/10/2020 09:24 MKI Mercury Uk Holdco, veicolo che fa capo ai fondi di private equity Advent, Bain Capital e Clessidra e che e' azionista di maggioranza di Nexi, ha ceduto una quota pari al 13,4% del capitale a 15,50 euro per azione attraverso una procedura di accelerated book building (Abb). Il prezzo incorpora uno sconto dell’8,04% rispetto alle quotazioni di chiusura di Nexi di ieri. Lo si apprende dalla stampa. A seguito dell' operazione, la quota di Mercury Uk nel capitale di Nexi scendera' al 20,1% del capitale. L’operazione avviene a due giorni dell’annuncio dalla fusione con SIA.

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@dros #droscrew
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ABB always be buying bruuh

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7/22 BMO EPS Winners: $HCA, $ABB, $TMO, $BIIB, $LAD, $IQV,$APH, $DOV, $CHKP

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Key Metrics

Market Cap

58.39 B

Beta

0.94

Avg. Volume

3.01 M

Shares Outstanding

2.05 B

Yield

3.08%

Public Float

0

Next Earnings Date

2022-07-21

Next Dividend Date

Company Information

CEO: Bjorn Rosengren

Website:

HQ: Affolternstrasse 44 Zuerich, 8050 Zuerich

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