What's Up With ABB and Other Stories from the Front Lines

摘要

On July 23rd, ABB reported its results for Q2 2014. Its stock quickly slumped and a number of analysts downgraded their rating on the automation and power giant. Ulrich Spiesshofer, ABB CEO, however was positively buoyant. "Last October, we said that we will drive organic growth through penetration, innovation, and expansion, and now we are delivering results. Our focused actions are paying off and support overall increased order momentum. In the second quarter, we saw encouraging growth in our two largest markets, the US and China."