Big industrials get back to basics

General Electric and ABB Ltd. (see box) are refocusing on their industrial operations. That positions them to profit as both developed and emerging nations upgrade their power grids.

GENERAL ELECTRIC CO. $24 (New York symbol GE; Conservative Growth and Income Portfolios, Manufacturing & Industry sector;… Read More

ABB cuts risk, buys back shares

ABB LTD. ADRs $21 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.3 billion; Market cap: $48.3 billion; Price-to-sales ratio: 1.2; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.abb.com) makes transformers, transmission systems and circuit breakers for power utilities. The… Read More

ABB LTD. ADRs $21 – New York symbol ABB

ABB LTD. ADRs $21 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.3 billion; Market cap: $48.3 billion; Price-to-sales ratio: 1.2; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.abb.com) makes transformers, transmission systems and circuit breakers for power utilities. The… Read More

ABB LTD. ADRs $23 – New York symbol ABB

ABB LTD. ADRs $23 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.3 billion; Market cap: $52.9 billion; Price-to-sales ratio: 1.3; Dividend yield: 3.5%; TSINetwork Rating: Above Average; www.abb.com) makes transformers, transmission systems and circuit breakers for electrical utilities. The… Read More

Updating ABB Ltd. and Stanley Black & Decker Inc.

ABB LTD. ADRs $23 (www.abb.com) purchased Power-One for $737 million in July 2013. This company makes equipment that connects solar power projects, which produce direct current, to electricity grids, which use alternating current. However, ABB had little interest in Power-One’s U.S.-based Power Solutions division, which… Read More