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Wabtec Announces Launch Of Public Offering By Selling Stockholder
Wabtec Raises 2019 GAAP Cash From Operations To About $900 mln
Wabtec Sets Regular Quarterly Dividend Of $0.12 Per Share
Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a provider of technology-based equipment and services for the global freight and transit rail industries. The Company's segments include the Freight Segment and the Transit Segment. The Freight Segment primarily manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services, and provides related heat exchange and cooling systems. The Transit Segment primarily manufactures and services components for new and existing passenger transit vehicles, typically regional trains, high speed trains, subway cars, light-rail vehicles and buses, builds new commuter locomotives, refurbishes subway cars, provides heating, ventilation, and air conditioning equipment, and doors for buses and subways.
1001 Airbrake Ave
Albert J. Neupaver
Executive Chairman of the Board
Rafael O. Santana
President, Chief Executive Officer, Director
Emilio A. Fernandez
Independent Vice Chairman of the Board
Patrick D. Dugan
Chief Financial Officer, Executive Vice President -Finance
John A. Mastalerz
Principal Accounting Officer , Senior Vice President - Finance, Controller
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General Electric Co said on Monday it expects to close the merger of its transportation business with Wabtec Corp on Feb. 25 and set a record date for distribution of shares.
China's fourth Westinghouse-designed AP1000 reactor went into full operation after a trial run this week, the operator said, marking the completion of the first phase of the project after years of delays.
A second Westinghouse AP1000 nuclear reactor on China's eastern coast is now ready to go into full commercial operation after a week-long trial run, the project's operator said late on Tuesday.
U.S. nuclear firm Westinghouse expects to emerge from bankruptcy with sufficient equity in coming weeks and is targeting Saudi Arabia and India for new reactor sales, its CEO said.
General Electric Co <GE.N> announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp <WAB.N>, with GE and its shareholders owning just over half of the combined business.
* WABTEC - TRANSACTION IS VALUED AT APPROXIMATELY $11.1 BILLION
General Electric Co confirmed on Monday it will merge its transportation business that makes train engines with Wabtec Corp, a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11.1 billion.
General Electric Co <GE.N> is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp <WAB.N>, a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday.
* WABTEC PLANS TO AFFIRM 2018 FINANCIAL GUIDANCE AND LONG-TERM FINANCIAL TARGETS AT INVESTOR DAY
China started loading fuel this week at a Westinghouse-designed AP1000 nuclear reactor - the world's first - in Sanmen, eastern Zhejiang province, as the long-delayed project took a key step towards becoming operational.
* WABTEC REPORTS 1Q EPS OF 92 CENTS, AFFIRMS FULL-YEAR GUIDANCE
General Electric Co <GE.N> is exploring merging its transportation business, which manufactures train engines, with Wabtec Corp <WAB.N>, a U.S. maker of equipment for the rail industry, a person familiar with the matter said on Friday.
Knorr-Bremse AG and Westinghouse Air Brake Technologies Corp (Wabtec) <WAB.N> have agreed to scrap an illegal agreement to refrain from poaching each other's employees, the Justice Department said on Tuesday in announcing a settlement with the two rail equipment suppliers.
Rail equipment suppliers Knorr-Bremse AG and Westinghouse Air Brake Technologies Corporation (Wabtec) have agreed to end agreements to not compete for each other's employees, the Justice Department said on Tuesday.
Westinghouse Air Brake Technologies Corp:
Westinghouse Air Brake Technologies Corp :
Fuel loading at the world's first Westinghouse-designed AP1000 nuclear reactor on China's east coast has been delayed due to "safety concerns", the China Daily reported on Tuesday, the latest in a long line of setbacks for the project.
Westinghouse Air Brake Technologies Corp :
* WABTEC ANNOUNCES ESTIMATE OF TAX REFORM IMPACT, PRELIMINARY 2017 4Q RESULTS
Toshiba-owned Westinghouse <6502.T> is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, three industry sources said.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.