ABB is well placed across discrete and process automation.
Our key takeaways from ABB's first-half 2018 results are as follows: 1) The company looks on track to meet our forecasts, including acquisitions, but meeting our underlying organic growth assumptions depends on remaining 2018 deliveries in the division order books; 2) organic revenue for the power grids division is tracking below our full-year expectations but could still meet our forecasts, given the higher order growth relative to revenue; 3) similarly, for industrial automation, order book gr...ABB specializes in power and automation technologies. Co. provides a broad range of products, systems, solutions and services that are designed to boost industrial productivity, increase power grid reliability, and enhance energy efficiency. Co.'s automation businesses serve a full range of industries with process optimization, control, measurement and protection applications. Co.'s power businesses focus on power transmission, distribution and power-plant automation, and support electric, gas and water utilities, as well as industrial and commercial customers.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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