Key Developments: WABCO Holdings Inc (WBC)

WBC on New York Consolidated

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31 Mar 2015
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Latest Key Developments (Source: Significant Developments)

WABCO Holdings Inc expands engineering capabilities in North America; opens new commercial vehicle development and testing facility in Rochester Hills, Michigan
Wednesday, 25 Mar 2015 10:30am EDT 

WABCO Holdings Inc:Recently expanded its engineering capabilities in North America.company opened a new commercial vehicle development and testing facility in Rochester Hills, Michigan (USA) to help develop the next-generation safety and efficiency technologies for trucks, buses and trailers.WABCO has invested $1.5 million and built an advanced 4,400-square-foot site to support the work of more than 50 engineers involved in the innovation and development of new products and systems for commercial vehicle manufacturers and fleet operators in North America.  Full Article

WABCO Holdings Inc invests $17 mln in new U.S. Manufacturing Facility
Wednesday, 25 Mar 2015 10:00am EDT 

WABCO Holdings Inc:Expand its manufacturing capabilities in North America.Will invest $17 mln to build a manufacturing site in Charleston, South Carolina (USA) to meet increasing customer demand for its advanced air disc brakes (ADB), energy-efficient air compressors and related systems.Construction of the new, 145,000-square-foot facility is expected to be completed by the end of the year.company will then relocate from its exiting Charleston site to the new facility.Anticipates the new production facility to be fully operational by the first quarter of 2016.Company's investment is expected to create more than 50 new jobs and help sustain approximately 175 existing jobs.  Full Article

WABCO signs agreement with Hendrickson to provide advanced air disc brake system for trailers in North America
Wednesday, 25 Mar 2015 06:30am EDT 

WABCO Holdings Inc:Signs long-term supply agreement with Hendrickson Trailer Commercial Vehicle Systems to provide an advanced air disc brake (ADB) system for trailers in North America.WABCO made the announcement leading up to the 2015 Mid-America Trucking Show (MATS), one of the largest heavy-duty trucking industry events in the world, held from March 26-28, 2015, in Louisville, Kentucky (USA).As part of the agreement, WABCO will launch its innovative MAXX22T(TM) in North America, the most optimized ADB system for trailer applications in the region.The new system combines WABCO's leading braking technologies with Hendrickson's premier medium- and heavy duty suspension and axle systems.  Full Article

WABCO Holdings Inc reaffirms FY 2015 outlook
Thursday, 26 Feb 2015 07:30am EST 

WABCO Holdings Inc:Expects FY 2015 sales growth to range from 6 to 11 pct in local currencies.Expects FY 2015 diluted EPS on a performance basis to range from $5.80 to $6.30.Expects FY 2015 diluted EPS on a U.S. GAAP basis to range from $5.09 to $5.59.Reported revenue of $2,851.0 mln in FY 2014.FY 2015 EPS of $6.15 - Thomson Reuters I/B/E/S.  Full Article

WABCO Holdings Inc gives FY 2015 EPS outlook; revenue outlook above analysts' estimates
Friday, 13 Feb 2015 06:30am EST 

WABCO Holdings Inc:Expects FY 2015 sales growth to range from 6 to 11 pct in local currencies.Expects FY 2015 diluted EPS on a performance basis to range from $5.80 to $6.30.Expects FY 2015 diluted EPS on a U.S. GAAP basis to range from $5.09 to $5.59.Reported revenue of $2,851.0 mln in FY 2014.FY 2015 revenue of $3,010 mln, EPS of $6.26 - Thomson Reuters I/B/E/S.  Full Article

WABCO Holdings Inc renews commitment to Tata Motors' T1 PRIMA Truck racing championship in 2015 as official braking technology partner
Tuesday, 20 Jan 2015 04:01am EST 

WABCO Holdings Inc:Says that it has renewed its commitment to Tata Motors' T1 PRIMA Truck Racing Championship in 2015.Says it will continue to serve as the official Braking Technology Partner to India's premier truck racing event, introduced in 2014.Tata Motors will host its second Championship truck racing event on March 15, 2015 at the Buddh International Formula 1 Circuit in Greater Noida.  Full Article

WABCO authorizes additional $500m share buyback program
Monday, 8 Dec 2014 08:30am EST 

WABCO Holdings Inc:Says its board of directors authorized the company to enter into an additional two-year share repurchase program.New board authorization allows for the repurchase of up to an additional $500 mln of common shares at the discretion of management from Dec. 5 through Dec. 31, 2016.  Full Article

WABCO Holdings Inc lowers FY 2014 revenue guidance; lowers high end of prior FY 2014 EPS guidance to a range in line with analysts' estimates
Friday, 24 Oct 2014 06:30am EDT 

WABCO Holdings Inc:Updates guidance for FY 2014; sales growth to now range from 5.5 pct. to 6.5 pct. in local currencies versus previous guidance to range from 6 pct. to 9 pct.Expects FY 2014 diluted EPS on performance basis to now range from $5.45 to $5.55 versus previous guidance to range from $5.45 to $5.75.Expects FY 2014 diluted EPS on U.S. GAAP basis to now range from $4.77 to $4.87 versus previous guidance to range from $4.77 to $5.07.Reported revenue of $2.709 billion in FY 2013.FY 2014 revenue of $2.917 billion and EPS of $5.54 - Thomson Reuters I/B/E/S.  Full Article

WABCO Holdings Inc reaffirms FY 2014 outlook
Tuesday, 23 Sep 2014 07:00am EDT 

WABCO Holdings Inc:Expects FY 2014 sales growth to range from 6 to 9 pct in local currencies.Expects FY 2014 diluted EPS to range from $5.45 to $5.75 on a performance basis or from $4.77 to $5.07 on a U.S. GAAP basis.Reported revenue of $2.708 bln in FY 2013.FY 2014 revenue of $2.946 bln, EPS of $5.62 - Thomson Reuters I/B/E/S.  Full Article

WABCO Holdings Inc inaugurates fifth manufacturing facility in India
Wednesday, 3 Sep 2014 10:00am EDT 

WABCO Holdings Inc:Inaugurates its fifth manufacturing facility in India, located in Lucknow.WABCO's extended network in India helps both local and global commercial vehicle manufacturers to further grow their domestic and export business.  Full Article

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