ABB LTD. ADRs $21

ABB LTD. ADRs $21 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.2 billion; Market cap: $46.2 billion; Price-to-sales ratio: 1.3; Dividend yield: 3.6%; TSINetwork Rating: Above Average; www.abb.com) makes transformers, transmission systems and circuit breakers for electrical utilities. It… Read More

Updating Philips Electronics N.V. ADRs, ABB LTD. ADRs and Nordstrom Inc.

PHILIPS ELECTRONICS N.V. ADRs $28 (New York symbol PHG; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 917.1 million; Market cap: $25.7 billion; Price-to-sales ratio: 0.9; Dividend yield: 3.1%; TSINetwork Rating: Average; www.philips.com) had a deal to sell 80.1% of its Lumileds subsidiary, which… Read More

Big industrials focus on what they do best

GE and ABB (see box) continue to cut costs and sell less important assets, which puts them in a better position to withstand the slowdown in global growth. These moves will also spur their earnings when economic expansion picks up.

GENERAL ELECTRIC CO. $25 (New… Read More

Cost cuts should offset slowing sales

ABB LTD. ADRs $17 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.3 billion; Market cap: $39.1 billion; Price-to-sales ratio: 1.0; Dividend yield: 4.4%; TSINetwork Rating: Above Average; www.abb.com) makes transformers, transmission systems and circuit breakers for electrical utilities. The… Read More

ABB LTD. ADRs $17 – New York symbol ABB

ABB LTD. ADRs $17 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.3 billion; Market cap: $39.1 billion; Price-to-sales ratio: 1.0; Dividend yield: 4.4%; TSINetwork Rating: Above Average; www.abb.com) makes transformers, transmission systems and circuit breakers for electrical utilities. The… Read More