Here’s an HTML snippet detailing Baldor Electric Company’s presence (or lack thereof) on Google Finance: “`html
Baldor Electric and Google Finance: A Historical Perspective
Baldor Electric Company, once a prominent manufacturer of electric motors, drives, and mechanical power transmission components, is no longer individually listed on Google Finance. This is because Baldor Electric was acquired by ABB Group in 2011.
The Acquisition and Delisting
Prior to the acquisition, investors could track Baldor’s stock performance on Google Finance using its ticker symbol, likely something like “BEZ” (though specific historical ticker symbols can vary slightly depending on the exchange). Information such as share price, trading volume, market capitalization, and historical charts were readily available.
However, with the completion of the ABB acquisition, Baldor Electric ceased to exist as an independent publicly traded entity. Consequently, its stock was delisted from exchanges, and its corresponding data was removed from platforms like Google Finance. Now, individuals interested in the performance of what was once Baldor Electric are directed to assess the overall performance of ABB Group.
Finding Information About Baldor Today
While direct stock information for Baldor is unavailable, Google Finance, and other financial resources can still offer relevant information. Here’s how:
- ABB Group (ABB): Search for “ABB” or its ticker symbol “ABB” on Google Finance. This will provide access to the current stock price, financial statements, news, and other information pertaining to the parent company that now owns Baldor’s assets and operations.
- Industry Analysis: Research the “industrial automation” or “electric motor” industries on Google Finance. This can provide broader context and insights into the market sector that Baldor once operated within. Although Baldor is no longer a standalone company, understanding the industry trends impacting ABB’s electrification business (which absorbed Baldor) remains relevant.
- Financial News Archives: Search for news articles related to Baldor Electric around the time of the acquisition (2010-2011). This historical data can provide context about the company’s financial performance and the reasons behind the acquisition.
- ABB Investor Relations: Consult ABB’s investor relations website. This resource may contain archived information about Baldor Electric presented during investor presentations or reports following the acquisition.
Conclusion
Baldor Electric Company, as a standalone stock, is no longer tracked on Google Finance due to its acquisition by ABB Group. To understand the financial performance and market position of what was once Baldor, investors should focus on ABB Group (ABB) and research the relevant industry sectors within ABB’s portfolio. While direct historical stock data for Baldor is unavailable, alternative resources can provide insights into the company’s past and its current role within ABB.
“`