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WABCO Holdings Inc (WBC.N)

WBC.N on New York Stock Exchange

114.65USD
21 Apr 2017
Change (% chg)

$-3.12 (-2.65%)
Prev Close
$117.77
Open
$118.50
Day's High
$118.50
Day's Low
$112.56
Volume
224,772
Avg. Vol
86,757
52-wk High
$118.50
52-wk Low
$84.61

Latest Key Developments (Source: Significant Developments)

WABCO Holdings Inc says Q1 earnings per share $1.48
Friday, 21 Apr 2017 06:30am EDT 

April 21 (Reuters) - Wabco Holdings Inc : :Wabco reports q1 2017 results; continues to solidly outperform global commercial vehicle market.WABCO Holdings Inc - Sees FY17 sales in the range of $2.85 billion to $2.99 billion (not $2.9 million to $3.0 million).Q1 earnings per share $1.48.Q1 sales $747.3 million versus I/B/E/S view $721.9 million.Q1 earnings per share view $1.44 -- Thomson Reuters I/B/E/S.Sees 2017 diluted EPS (reported) $5.44 - $5.94.FY 2017 earnings per share view $5.91, revenue view $2.93 billion -- Thomson Reuters I/B/E/S.  Full Article

Wabco signs agreement with G7
Wednesday, 19 Apr 2017 06:00am EDT 

April 19 (Reuters) - Wabco Holdings Inc :Wabco signs agreement with G7, a technology leader in fleet logistics in China, to form joint venture for truck and trailer fleet management systems.Says each company will hold a 50% stake in new joint venture.Wabco Holdings Inc - new joint venture will develop innovative trailer FMS solutions for Chinese fleet market.  Full Article

WABCO Holdings says entered into contracts in local currencies with customers totaling $1.2 bln
Thursday, 13 Apr 2017 06:30am EDT 

Wabco Holdings Inc : Wabco holdings - from q2 2016 to q1 2017, co entered into contracts in local currencies with customers worldwide . Contracts total $1.2 billion of expected cumulative incremental business .Contract include $746 million in new business earmarked from 2017 through 2021 inclusive.  Full Article

Wabco Holdings Inc announces expansion of its manufacturing capabilities in North America
Wednesday, 22 Mar 2017 02:00pm EDT 

WABCO Holdings Inc : Announced expansion of its manufacturing capabilities in North America . Localized production of its air disc brakes (ADB) for commercial vehicles in United States . Invested $20 million in new facility .Co moved from an existing Charleston location to a new, 145,000-square-foot facility.  Full Article

Wabco's Q4 earnings per share $1.15
Friday, 17 Feb 2017 06:30am EST 

Wabco Holdings Inc : Wabco’S sales growth in 2016 solidly outperforms global commercial vehicle market; provides guidance for 2017 . Q4 earnings per share $1.15 . Q4 sales $713.7 million versus I/B/E/S view $701 million . Q4 earnings per share view $1.43 -- Thomson Reuters I/B/E/S . Wabco Holdings Inc - sees FY sales $2,850 - $2,990 million . Wabco Holdings Inc - sees FY reported eps $5.23 - $5.73 . Wabco Holdings Inc - sees FY performance eps $5.55 - $6.05 . Wabco Holdings Inc - sees 2017 sales growth in local currencies 4.0% - 9.0% .FY 2017 earnings per share view $6.04, revenue view $2.91 billion -- Thomson Reuters I/B/E/S.  Full Article

Wabco Holdings updates on patent income deduction in Belgium
Wednesday, 20 Jul 2016 07:15am EDT 

Wabco Holdings : Wabco Holdings - Subsequent to June 30, co received ruling from Belgium government that a patent income deduction is available for both 2015 & 2016 . Wabco Holdings says expects the total benefit for both years to be between $35 million to $40 million . Benefit for 2016 remains within Q2 2016 provision, benefit for 2015 will be recognized when co's files Belgium tax return in Q3 2016 . Plans to investigate whether this tax relief would have been available to co in years prior to 2015 if no EPR benefit had been claimed .Any related benefit for years prior to 2015 will be recognized as and when co's assessment is complete.  Full Article

WABCO Holdings Inc reports Q2 2016 diluted earnings per share $1.33
Wednesday, 20 Jul 2016 06:30am EDT 

WABCO Holdings Inc : Q2 2016 sales of $732.2 million, up 10.8 percent from a year ago and up 11.5 percent in local currencies . Q2 2016 reported diluted EPS of $1.33 . Upgrades reported diluted EPS guidance for full year 2016 to now range from $3.73 to $4.03 . Upgrades reported diluted EPS guidance for full year 2016 to now range from $3.73 to $4.03 .Upgrades performance full year 2016 diluted EPS to now range from $5.60 to $5.90.  Full Article

WABCO Holdings Inc maintains FY 2016 guidance
Friday, 22 Apr 2016 06:30am EDT 

WABCO Holdings Inc:Maintains guidance for FY 2016: sales growth to range from 6 to 11 percent in local currencies, 2016 diluted EPS on a performance basis to range from $5.30 to $5.80 and 2016 diluted EPS on a U.S. GAAP basis to range from $3.43 to $3.93.  Full Article

WABCO Holdings Inc gives FY 2016 guidance
Thursday, 11 Feb 2016 06:30am EST 

WABCO Holdings Inc:Provides guidance for FY 2016, including WABCO's recently announced acquisition of MICO Incorporated.Expects FY 2016 sales growth to range from 6 to 11 percent in local currencies, FY 2016 diluted EPS on a performance basis to range from $5.30 to $5.80 and FY 2016 diluted EPS on a U.S. GAAP basis to range from $3.43 to $3.93.  Full Article

WABCO Holdings Inc plans to shut 2 plants in Europe - Reuters
Tuesday, 22 Sep 2015 08:00pm EDT 

WABCO Holdings Inc:Wabco Holdings Inc WBC.N, a maker of braking and stability control systems, said it plans to stop manufacturing at two plants, in the Netherlands and France, and cut 320 jobs - Reuters.The factories make conventional mechanical products such as actuators, air compressors and air control valves for trucks, buses and trailers - Reuters.Wabco, whose mechanical products business has been facing stiff competition from Chinese companies, said it may shut the Dutch plant in Meppel by the second half of next year, and the French plant in Claye-Souilly in the second half of 2017 - Reuters.The company said it would incur about $55 million-$70 million in restructuring costs, including about $45 million-$60 million of net cash costs - Reuters.The company said it expects the majority of the cash costs relating to the restructuring to be incurred in 2016 and 2017 - Reuters.  Full Article

More From Around the Web

BRIEF-Wabco signs agreement with G7

* Wabco signs agreement with G7, a technology leader in fleet logistics in China, to form joint venture for truck and trailer fleet management systems