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Westinghouse Air Brake Technologies Corp (WAB.N)

WAB.N on New York Stock Exchange

73.08USD
22 Nov 2017
Change (% chg)

$-0.25 (-0.34%)
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Latest Key Developments (Source: Significant Developments)

WESTINGHOUSE AIR BRAKE TECHNOLOGIES Q3 ADJ SHR $0.88 EXCLUDING ITEMS
Tuesday, 24 Oct 2017 08:42am EDT 

Oct 24 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC REPORTS RESULTS FOR 3Q, UPDATES GUIDANCE.Q3 ADJUSTED EARNINGS PER SHARE $0.88 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.70.Q3 EARNINGS PER SHARE VIEW $0.84 -- THOMSON REUTERS I/B/E/S.SEES FY 2017 EARNINGS PER SHARE $3.45 TO $3.50 EXCLUDING ITEMS.SEES FY 2017 REVENUE ABOUT $3.8 BILLION.Q3 SALES $958 MILLION VERSUS I/B/E/S VIEW $946 MILLION.FY2017 EARNINGS PER SHARE VIEW $3.53, REVENUE VIEW $3.84 BILLION -- THOMSON REUTERS I/B/E/S.WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP - ‍COMPANY'S 12-MONTH BACKLOG, A SUBSET OF TOTAL, INCREASED 5 PERCENT TO $2.2 BILLION​ AT QUARTER-END.WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP SAYS ‍ADJUSTED OPERATING MARGIN TARGET IN Q4 IS ABOUT 15 PERCENT​.  Full Article

Faiveley Transport signs contracts to provide components for new Paris trains
Tuesday, 10 Oct 2017 11:45am EDT 

Oct 10 (Reuters) - Westinghouse Air Brake Technologies Corp :Faiveley Transport signs contracts to provide components/systems for new Paris trains.Says ‍subsidiary has been awarded contracts worth more than $100 million by Alstom and Bombardier Transportation​.Says ‍deliveries are expected to start by September 2018 and to be completed by 2022​.  Full Article

Wabtec acquires AM General Contractor
Monday, 2 Oct 2017 11:55am EDT 

Oct 2 (Reuters) - Westinghouse Air Brake Technologies Corp : :Wabtec acquires AM General Contractor, a manufacturer of safety systems for transit cars.  Full Article

WABTEC signs contract worth $22 mln to provide PTC equipment/services for BRC
Wednesday, 7 Jun 2017 06:45am EDT 

June 7 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC signs contract worth $22 million to provide PTC equipment/services for BRC.Westinghouse Air Brake Technologies - signed a contract worth about $22 million to design, install, test and commission positive train control.Westinghouse Air Brake Technologies Corp - ‍contract is expected to be completed in 2018.​.Co to design, install, test & commission ptc for Belt Railway Company of Chicago (BRC).  Full Article

Wabtec announces board/management appointments, increases dividend 20 pct
Wednesday, 10 May 2017 06:45am EDT 

May 10 (Reuters) - Wabtec Corp : :Wabtec announces board/management appointments; increases dividend 20 percent.Sets regular quarterly dividend of $0.12per share.Westinghouse air brake technologies corp - Albert J. Neupaver has been elected chairman of company's board of directors.Westinghouse Air Brake Technologies Corp - Raymond T. Betler remains president and chief executive officer and a member of board of directors.Westinghouse Air Brake Technologies Corp - Neupaver served as executive chairman for past three years.Westinghouse Air Brake Technologies Corp - Stéphane Rambaud-Measson has been named WABTEC's executive vice president and chief operating officer.  Full Article

Wabtec Q1 earnings per share $0.77
Tuesday, 25 Apr 2017 07:15am EDT 

April 25 (Reuters) - Westinghouse Air Brake Technologies Corp ::Wabtec reports results for 1Q, affirms guidance.Q1 earnings per share $0.77.Q1 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $3.95 to $4.15 excluding items.Sees FY 2017 revenue about $4.1 billion.Q1 sales $916 million versus I/B/E/S view $986 million.Westinghouse Air Brake Technologies Corp - company expects its quarterly results to improve sequentially during rest of year.Westinghouse Air Brake Technologies Corp says affirmed its financial guidance for 2017..Fy2017 earnings per share view $4.00, revenue view $4.08 billion -- Thomson Reuters I/B/E/S.Westinghouse Air Brake Technologies - expects quarterly results to improve sequentially during rest of year due to ramp up of projects already in backlog.Westinghouse Air Brake - estimates synergies from Faiveley deal to be about $15 million to $20 million in 2017, long-term synergies expected to exceed $50 million.  Full Article

Wabtec buys Thermal Transfer Corp
Thursday, 6 Apr 2017 09:00am EDT 

Wabtec Corp :Westinghouse air brake technologies corp says acquired thermal transfer corp.  Full Article

Hamon & Cie International announces completion of the sale of TTC
Thursday, 6 Apr 2017 03:32am EDT 

Hamon & Cie International SA :Completed its sale of its American subsidiary, Thermal Transfer Corporation, to a subsidiary of Westinghouse Air Brake Technologies Corporation (WABTEC) Full Article

WABTEC reports Q4 EPS $0.42
Tuesday, 21 Feb 2017 06:54am EST 

Westinghouse Air Brake Technologies Corp - : WABTEC reports results for 4Q, full year 2016; issues 2017 financial guidance . Q4 earnings per share $0.42 . Q4 earnings per share view $0.93 -- Thomson Reuters I/B/E/S . Sees fy 2017 adjusted earnings per share $3.95 to $4.15 excluding items . Sees fy 2017 revenue about $4.1 billion . Q4 sales $760 million versus I/B/E/S view $792.2 million . Sees fy revenues expected to be about $4.1 billion . Says estimates synergies from acquisition to be about $15 million to $20 million in 2017 . Fy2017 revenue view $4.14 billion -- Thomson Reuters I/B/E/S . Expects adjusted EPS in Q1 of 2017 to be similar to its adjusted earnings per diluted share in Q4 of 2016 . Fy2017 earnings per share view $4.31 -- Thomson Reuters I/B/E/S . Says "expects second half of year 2017 to be stronger than first half of year" .Q1 adjusted EPS outlook reflects ramp up of projects already in backlog, timing of synergies from faiveley acquisition.  Full Article

Wabtec announces pricing of senior notes offering
Monday, 31 Oct 2016 04:11pm EDT 

Westinghouse Air Brake Technologies Corp : Westinghouse Air Brake Technologies Corp - priced an offering of $750 million of 3.45 pct senior notes due 2026 . Westinghouse Air Brake Technologies Corp - notes will pay interest semi-annually in arrears and will mature on November 15, 2026 .Wabtec announces pricing of senior notes offering.  Full Article

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Exclusive: Westinghouse discussing group bid for Saudi nuclear tender - sources

RIYADH/PARIS Toshiba-owned Westinghouse 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.