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Westinghouse Air Brake Technologies Corp (WAB.N)

WAB.N on New York Stock Exchange

84.61USD
7 Dec 2018
Change (% chg)

$-3.72 (-4.21%)
Prev Close
$88.33
Open
$88.28
Day's High
$88.93
Day's Low
$84.16
Volume
280,009
Avg. Vol
188,721
52-wk High
$115.32
52-wk Low
$69.75

Latest Key Developments (Source: Significant Developments)

Double Standard announces upgrade of stock listing
Tuesday, 20 Nov 2018 01:55am EST 

Nov 20(Reuters) - Double Standard Inc <3925.T>:Says it will be listed on the Tokyo Stock Exchange (TSE) first section from TSE Mothers, effective Nov. 27.  Full Article

Wabtec Reports Q2 Adjusted Earnings Per Share Of $0.96 Excluding Items
Tuesday, 24 Jul 2018 08:14am EDT 

July 24 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC REPORTS 2Q RESULTS, INCREASES GUIDANCE.Q2 ADJUSTED EARNINGS PER SHARE $0.96 EXCLUDING ITEMS.Q2 SALES $1.1 BILLION VERSUS I/B/E/S VIEW $1.02 BILLION.Q2 EARNINGS PER SHARE VIEW $0.93 -- THOMSON REUTERS I/B/E/S.ORATION SAYS REVENUES NOW EXPECTED TO BE ABOUT $4.2 BILLION FOR THE YEAR.SAYS FOR THE YEAR, EPS EXPECTED TO BE ABOUT $3.85 EXCLUDING ESTIMATED CERTAIN ITEMS.ORATION - DURING QUARTER, CO'S TOTAL, MULTI-YEAR BACKLOG WAS $4.7 BILLION.ORATION - COMPANY'S 12-MONTH BACKLOG, A SUBSET OF TOTAL, WAS $2.5 BILLION.FOR THE YEAR, WABTEC EXPECTS CASH FLOW FROM OPERATIONS TO EXCEED NET INCOME.FY2018 EARNINGS PER SHARE VIEW $3.86, REVENUE VIEW $4.19 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Wabtec And GE Transportation To Merge in $11.1 Bln Deal
Monday, 21 May 2018 07:00am EDT 

May 21 (Reuters) - Wabtec Corp ::WABTEC AND GE TRANSPORTATION TO MERGE.WABTEC - TRANSACTION IS VALUED AT APPROXIMATELY $11.1 BILLION.WABTEC - GE WILL BE PAID A $2.9 BILLION UP-FRONT CASH PAYMENT.WABTEC - WHEN ADJUSTED FOR NET TAX BENEFIT OF $1.1 BILLION ACCRUING TO COMBINED COMPANY, THE TRANSACTION VALUE IS $10 BILLION.WABTEC - WABTEC CHAIRMAN, ALBERT J. NEUPAVER HAS BEEN RE-APPOINTED EXECUTIVE CHAIRMAN.WABTEC - GE, SHAREHOLDERS WILL RECEIVE ABOUT 50.1% OF THE FULLY DILUTED OUTSTANDING SHARES OF WABTEC.WABTEC - CEO RAYMOND T. BETLER WILL REMAIN PRESIDENT AND CEO OF THE MERGED COMPANY.WABTEC - GE HAS THE RIGHT TO INCREASE PORTION OF MERGED COMPANY OWNED BY GE SHAREHOLDERS.WABTEC - TRANSACTION IS EXPECTED TO BE TAX FREE TO COS' RESPECTIVE SHAREHOLDERS.WABTEC - UPON DEAL CLOSING, WABTEC SHAREHOLDERS WILL OWN ABOUT 49.9% OF FULLY DILUTED OUTSTANDING SHARES OF WABTEC.WABTEC - FOLLOWING COMPLETION OF TRANSACTION, WABTEC’S CORPORATE HEADQUARTERS WILL REMAIN IN WILMERDING, PENNSYLVANIA - SEC FILING.WABTEC - DEAL TO GENERATE ANNUAL RUN-RATE SYNERGIES OF $250 MILLION.WABTEC - FOLLOWING DEAL CLOSE, CO'S FREIGHT SEGMENT WILL BE HEADQUARTERED IN CHICAGO.WABTEC - FOLLOWING DEAL CLOSE, CO'S TRANSIT SEGMENT HEADQUARTERS WILL REMAIN IN PARIS.WABTEC - AS PART OF DEAL, GE TO SELL PORTION OF ASSETS OF GE TRANSPORTATION TO WABTEC.WABTEC - AS PART OF DEAL, GE TO ALSO COMPLETE SPIN-OFF OR SPLIT-OFF OF PORTION OF GE TRANSPORTATION TO GE SHAREHOLDERS.  Full Article

Wabtec Sees 2018 Revenue To Be About $4.1 Billion
Monday, 7 May 2018 07:47am EDT 

May 7 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC PLANS TO AFFIRM 2018 FINANCIAL GUIDANCE AND LONG-TERM FINANCIAL TARGETS AT INVESTOR DAY.SEES FY 2018 REVENUE ABOUT $4.1 BILLION.FY2018 EARNINGS PER SHARE VIEW $3.87, REVENUE VIEW $4.19 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Wabtec Acquires Annax
Monday, 26 Mar 2018 08:00am EDT 

March 26 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC ACQUIRES ANNAX, A LEADING SUPPLIER OF PUBLIC ADDRESS AND PASSENGER INFORMATION SYSTEMS FOR TRANSIT VEHICLES.  Full Article

Wabtec Signs Contract Worth $5 Mln To Provide Yard Train Control For RUMO In Brazil
Wednesday, 13 Dec 2017 08:00am EST 

Dec 13 (Reuters) - Westinghouse Air Brake Technologies Corp ::WABTEC SIGNS CONTRACT WORTH $5 MILLION TO PROVIDE YARD TRAIN CONTROL FOR RUMO IN BRAZIL.WABTEC CORP - INSTALLATION UNDER CONTRACT IS EXPECTED TO BE COMPLETED BY END OF 2018.  Full Article

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

CORRECTED-Second China Westinghouse reactor goes into operation

SHANGHAI, Oct 24 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.