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Stock impact report

These Robotics Stocks Are Worth Buying and Holding [The Motley Fool]

Intuitive Surgical, Inc. (ISRG) 
Last intuitive surgical, inc. earnings: 4/16 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
While the 00With that, we asked some of our contributors which companies stood out as leaders in therobotics spaceABB(NYSE:ABBIntuitive SurgicalNASDAQ:ISRGAeroVironmentNASDAQ:AVAVImage source: Getty Images.Easy as ABBLee SamahaThat's all well and good, but the problem has been one of serial underperformance over the last decade compared to its peers. In fact, earnings per share declined by an annual rate of 6% from 009-09. Clearly, management wasn't extracting the best it could out of ABB's portfolio of businesses.Step forward new CEO Bjorn Rosengren in February 00. Under Rosengren, ABB has finally ditched its matrix business structure (individuals report to several different leaders rather than an immediate superior) in favor of a more conventional organizational structure. Significant cost reduction programs have been put in place with $00 million in annual net savings achieved in 00, one year ahead of plan. Management plans for another $00 million in corporate cost savings.Rosengre Show less Read more
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