SOURCE: Wall Street Equity Research

Wall Street Equity Research

August 23, 2010 09:01 ET

Research on ABB and Capstone Turbine - A Quick Look at Industrial Electrical Equipment Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 23, 2010) -  www.wallstreetequityresearch.com offers world class analysis on industrial electrical equipment companies ABB Ltd (NYSE: ABB) and Capstone Turbine Corp. (NASDAQ: CPST). Sign up today at www.wallstreetequityresearch.com to receive free research reports on these companies.

The industrial electrical equipment industry was hit hard by the recession as businesses cut back on spending and consumers reduced their purchases. Although quarterly earnings reports in the industry have been mixed with some companies still posting losses, there are signs of recovery in the industry, which has risen 2.82 percent over the last month.

www.wallstreetequityresearch.com is a specialized website where investors can have full access to free reports on industrial electrical equipment stocks; traders looking for analyst opinions on ABB Ltd and Capstone Turbine Corp. are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/

A positive trend for the economy as a whole and the industrial equipment industry is the rise in business spending. The second quarter saw a huge increase of 21.9 percent in cooperate spending on equipment and software, the highest jump in ten years. 

Companies involved in cleaner energy production and energy storage are benefiting from the market shift towards more efficient performance. As companies seek to reduce their operating costs and emissions, they are looking to update their production technologies. With natural gas, electric and hybrid modes of transportation gaining in popularity, the high demand for batteries and turbines is also bolstering the industry. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting industrial electrical equipment companies in today's economic environment.

On the earnings round this quarter, ABB Ltd posted its results in July with profit falling by 8% to $623 million and revenue slipping by 4% to $7.57 billion. Conversely, Capstone Turbine Corp. saw revenue surge by 18% to $16.1 million. The www.wallstreetequityresearch.com has also compiled free research on ABB Ltd and Capstone Turbine Corp. that can be downloaded now by signing up at http://wallstreetequityresearch.com/August232010ABBLtd.(ABB)230810.php or http://wallstreetequityresearch.com/August232010CapstoneTurbineCorp.(CPST)230810.php.

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