Monday, May 13, 2013

Investopedia: ABB Performing Well, But A Big Change Is Coming

This earnings season had been setting up quite well for ABB (NYSE:ABB). Though there was some consternation that the company had overpaid and bought unwelcome volatility with Power-One (Nasdaq:PWER), the company's earnings compared quite favorably to its peer group. With news now that CEO Joe Hogan is resigning, though, investors are right to question whether the company will be able to continue what has been a quite successful run under Hogan's leadership.

Continue here:
http://www.investopedia.com/stock-analysis/051313/abb-performing-well-big-change-coming-abb-emr-hon-rok-si.aspx

No comments: