ABB quarterly orders rose for the first time since the first three months of 2015, increasing 3% from a year ago, but the momentum “isn’t that strong yet,” according to CEO Ulrich Spiesshofer.
In a digital world, Hasbro pushed in its chips on physical games — and is now reaping the holiday-season rewards of its biggest stock bump in 16 years.
Two days after Key Safety Systems emerged as the leading restructuring sponsor, shares of the embattled airbag maker dropped the daily maximum on speculation that it might have to go through court-led bankruptcy.
Quarterly sales increased 24% for the camera- and drone-maker, but revenue during the same period will be somewhere between 21% and 29% below analyst estimates.
The world’s largest planemaker is counting on its marquee carbon-fiber jet and higher output of its single-aisle 737 to bolster results during a year when it will make fewer 777 wide-body aircraft.