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WABCO Holdings Inc (WBC.N)

WBC.N on New York Stock Exchange

149.07USD
18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

WABCO Holdings reports Q3 earnings per share of $1.30
6:30am EDT 

Oct 19 (Reuters) - WABCO Holdings Inc :WABCO reports Q3 2017 results; continues to strongly outperform global commercial vehicle market; raises guidance for 2017.Q3 earnings per share $1.30.Q3 sales $827.8 million versus I/B/E/S view $752.4 million.Q3 earnings per share view $1.53 -- Thomson Reuters I/B/E/S.WABCO Holdings Inc - ‍raises reported diluted EPS guidance for full-year 2017 to now range from $5.95 to $6.10​.WABCO Holdings Inc - Q3 2017 diluted EPS $1.30​.WABCO Holdings Inc - ‍raises sales guidance for full-year 2017 to now range from $3,250 million to $3,300 million​.FY2017 earnings per share view $6.34, revenue view $3.11 billion -- Thomson Reuters I/B/E/S.  Full Article

WABCO Holdings to buyout Meritor WABCO joint venture
Monday, 18 Sep 2017 06:30am EDT 

Sept 18 (Reuters) - WABCO Holdings Inc :WABCO consolidates operations in North American commercial vehicle market through agreement to buyout of Meritor WABCO joint venture.After closure of buyout, agreed for Meritor to continue to be exclusive distributor for certain range of aftermarket products in U.S., Canada​.Agreement signed to purchase Meritor Inc's stake in Meritor WABCO joint venture​.Co, Meritor have option to terminate distribution arrangements at certain points during first three and half years​.Parties may terminate distribution arrangements for an exercise price between $225 million and $265 million based on earnings of business​.WABCO to continue to have exclusive access to winter test track in Sault St. Marie, joint access to year-round test track in East Liberty, Ohio.Following closure of buyout, WABCO has agreed for Meritor to continue to be its non-exclusive distributor in Mexico​.  Full Article

WABCO outlines strategy to sustain differentiation at investor day​
Thursday, 7 Sep 2017 06:30am EDT 

Sept 7 (Reuters) - Wabco Holdings Inc :WABCO Holdings Inc - "Is reiterating its commitment to outperform commercial vehicle market by 6 to 10 percent over a five-year period"​.  Full Article

Wabco expands into global active steering capabilities
Tuesday, 29 Aug 2017 06:30am EDT 

Aug 29 (Reuters) - Wabco Holdings Inc :Wabco expands into global active steering capabilities; signs long-term cooperation agreement with Nexteer Automotive, a global leader in intuitive motion control.‍Signed a long-term cooperation agreement with Nexteer Automotive​.Active steering control for commercial vehicle manufacturers access is on an exclusive basis, except in China.  Full Article

Wabco to expand into steering capabilities signs agreement to acquire Sheppard
Thursday, 24 Aug 2017 06:30am EDT 

Aug 24 (Reuters) - Wabco Holdings Inc :Wabco to expand into steering capabilities; signs agreement to acquire Sheppard, a key supplier of commercial vehicle technologies based in United States.‍Wabco's purchase price is $145 million, subject to customary adjustments​.‍Signed an agreement to acquire privately held RH Sheppard Co ​.  Full Article

Wabco Holdings names Alexander De Bock interim CFO effective Oct 1
Wednesday, 16 Aug 2017 06:39am EDT 

Aug 16 (Reuters) - Wabco Holdings Inc :Wabco Holdings names Alexander De Bock to serve as interim CFO, effective October 1, 2017..Wabco Holdings says on Aug 10, Prashanth Mahendra-Rajah resigned from co with effect on September 30, 2017.  Full Article

Wabco enters into new long-term agreement with a major global manufacturer of trucks and buses
Tuesday, 15 Aug 2017 06:30am EDT 

Aug 15 (Reuters) - Wabco Holdings Inc :Wabco enters into new long-term agreement with a major global manufacturer of trucks and buses; wins its largest order ever for supply of its breakthrough modular braking system platform.Wabco Holdings Inc - ‍entered into a new long-term agreement with a major global manufacturer of trucks and buses, which is headquartered in Europe​.Wabco Holdings Inc - ‍Wabco will supply customer's vehicle brands with its breakthrough modular braking system platform​.  Full Article

Berkshire Hathaway cuts share stake in Wabco Holdings by 97.8 pct
Monday, 14 Aug 2017 04:39pm EDT 

Aug 14 (Reuters) - Berkshire Hathaway Inc ::Berkshire Hathaway Inc cuts share stake in Wabco Holdings Inc by 97.8 percent to 63,195 shares - sec filing ‍​.Berkshire Hathaway Inc - change in holdings are as of june 30, 2017 and compared with the previous quarter ended as of march 31, 2017‍​.  Full Article

WABCO signs agreement to acquire India-based Assettrackr
Tuesday, 8 Aug 2017 02:01am EDT 

Aug 8 (Reuters) - WABCO Holdings Inc :Signed agreement to purchase 100 percent of Assettrackr's shares.  Full Article

Wabco Holdings Q2 earnings per share $1.61
Thursday, 20 Jul 2017 06:45am EDT 

July 20 (Reuters) - Wabco Holdings Inc ::Wabco reports Q2 2017 results; continues to strongly outperform global commercial vehicle market; raises guidance for 2017.Q2 earnings per share $1.61.Q2 sales $795 million versus I/B/E/S view $760.9 million.Q2 earnings per share view $1.54 -- Thomson Reuters I/B/E/S.Wabco Holdings Inc - raises sales guidance for full year 2017 to now range from $3,025 million to $3,100 million.Wabco Holdings Inc - raises reported diluted eps guidance for full year 2017 to now range from $5.74 to $6.04.Wabco Holdings Inc - sees performance full year 2017 diluted eps to now range from $6.05 to $6.35.Wabco Holdings Inc - performance q2 2017 diluted eps of $1.69.Wabco Holdings Inc - Q2 2017 operating margin adversely affected by 0.5 percent of transactional foreign exchange impacts.Wabco Holdings Inc sees fy 2017 sales growth in local currencies 8pct - 11pct.FY2017 earnings per share view $5.99, revenue view $2.97 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-WABCO Holdings reports Q3 earnings per share of $1.30

* WABCO reports Q3 2017 results; continues to strongly outperform global commercial vehicle market; raises guidance for 2017