Edition:
United States

WABCO Holdings Inc (WBC.N)

WBC.N on New York Stock Exchange

121.03USD
13 Jul 2018
Change (% chg)

$0.22 (+0.18%)
Prev Close
$120.81
Open
$120.79
Day's High
$121.75
Day's Low
$120.08
Volume
79,243
Avg. Vol
106,547
52-wk High
$162.15
52-wk Low
$113.47

Latest Key Developments (Source: Significant Developments)

Wabco Appoints Roberto Fioroni as Chief Financial Officer
Friday, 9 Mar 2018 07:00am EST 

March 9 (Reuters) - Wabco Holdings Inc ::WABCO APPOINTS NEW CHIEF FINANCIAL OFFICER.WABCO HOLDINGS INC SAYS ‍HAS APPOINTED ROBERTO FIORONI TO ROLE OF CHIEF FINANCIAL OFFICER (CFO) STARTING BY JUNE 6, 2018.​.  Full Article

Wabco Holdings Inc - Appointment Of Roberto Fioroni To Position Of CFO, Commencing No Later Than June 6, 2018 - SEC Filing
Friday, 9 Mar 2018 06:39am EST 

March 9 (Reuters) - Wabco Holdings Inc ::WABCO HOLDINGS INC - APPOINTMENT OF ROBERTO FIORONI TO POSITION OF CFO, COMMENCING NO LATER THAN JUNE 6, 2018 - SEC FILING.WABCO HOLDINGS SAYS FIORONI WILL REPLACE ALEXANDER DE BOCK - SEC FILING.  Full Article

Wabco Signs Fleet Management Solutions Contract To Equip Girteka Logistics Across Europe
Tuesday, 6 Mar 2018 06:30am EST 

March 6 (Reuters) - Wabco Holdings Inc ::WABCO SIGNS ITS LARGEST EVER FLEET MANAGEMENT SOLUTIONS CONTRACT TO EQUIP GIRTEKA LOGISTICS ACROSS EUROPE.WABCO HOLDINGS INC - UNDER AGREEMENT, 2,700 TRUCKS ACROSS GIRTEKA LOGISTICS' EUROPEAN FLEET WILL BE EQUIPPED WITH WABCO'S ADVANCED FMS.  Full Article

Wabco'S Q4 Earnings Per Share $3.12
Friday, 16 Feb 2018 06:30am EST 

Feb 16 (Reuters) - Wabco Holdings Inc ::WABCO’S OUTSTANDING GROWTH IN 2017 POWERS RECORD SALES; SOLIDLY OUTPERFORMS GLOBAL COMMERCIAL VEHICLE MARKET; DELIVERS RECORD OPERATING INCOME; PROVIDES GUIDANCE FOR 2018.Q4 EARNINGS PER SHARE $3.12.Q4 SALES ROSE 30.9 PERCENT TO $934.1 MILLION.SEES FY 2018 SALES $3,820 MILLION - $3,980 MILLION.‍Q4 2017 INCLUDES $152 MILLION AFTER-TAX GAIN FROM PURCHASE OF MERITOR INC.'S STAKE IN MERITOR WABCO JOINT VENTURE​.SEES FY 2018 DILUTED EPS REPORTED $6.76 - $7.26.SEES 2018 DILUTED EPS PERFORMANCE FROM $7.20 TO $7.70.Q4 2017‍ AFTER-TAX GAIN OF $152 MILLION PARTIALLY OFFSET BY A CHARGE OF $81 MILLION FROM TAX REFORMS IN U.S. AND BELGIUM​.FY2018 EARNINGS PER SHARE VIEW $7.57, REVENUE VIEW $3.71 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY PERFORMANCE EARNINGS PER SHARE $2.00​.  Full Article

WABCO Makes Strategic Investment In Advancing Electric Commercial Vehicle Sector
Wednesday, 20 Dec 2017 06:30am EST 

Dec 20 (Reuters) - Wabco Holdings Inc ::WABCO MAKES STRATEGIC INVESTMENT IN ADVANCING ELECTRIC COMMERCIAL VEHICLE SECTOR.WABCO HOLDINGS INC - INVESTS $10 MILLION TO ACQUIRE 1% EQUITY STAKE IN NIKOLA MOTOR COMPANY.WABCO HOLDINGS INC - SIGNS AGREEMENT TO ACCELERATE DEVELOPMENT OF SAFETY TECHNOLOGIES SPECIFICALLY DESIGNED FOR ELECTRIC TRUCKS.WABCO HOLDINGS - NIKOLA PLANS TO BEGIN TESTING ITS ZERO EMISSION TRUCKS WITH COMMERCIAL VEHICLE FLEETS IN LATE 2018 AND LAUNCH FULL PRODUCTION IN 2021.  Full Article

Wabco And Dongfeng Liuzhou Extend Supply Agreement
Tuesday, 5 Dec 2017 06:30am EST 

Dec 5 (Reuters) - Wabco Holdings Inc ::WABCO AND DONGFENG LIUZHOU STRENGTHEN STRATEGIC PARTNERSHIP IN CHINA AND EXTEND SUPPLY AGREEMENT.SAYS SIGNED A NEW AGREEMENT WITH DONGFENG LIUZHOU MOTOR TO EXTEND THEIR STRATEGIC SUPPLY AGREEMENT.  Full Article

Wabco Acquires Remaining Interest In South African Partnership
Monday, 4 Dec 2017 06:00am EST 

Dec 4 (Reuters) - Wabco Holdings Inc ::WABCO ACQUIRES REMAINING INTEREST IN SOUTH AFRICAN PARTNERSHIP TO EXPAND IN GROWTH MARKETS ACROSS SUB-SAHARAN AFRICA.WABCO HOLDINGS INC - ‍FOLLOWING CLOSE OF TRANSACTION, ON DECEMBER 1, 2017, WABCO WILL CREATE A WHOLLY-OWNED WABCO BUSINESS - WABCO SOUTH AFRICA​.WABCO HOLDINGS INC- ACQUIRED REMAINING 51% INTEREST OF ITS SOUTH AFRICAN PARTNERSHIP WITH STURROCK AND ROBSON INDUSTRIES, PTY LTD.  Full Article

Berkshire Hathaway ups share stake in Synchrony Financial, dissolves in Wabco‍​
Tuesday, 14 Nov 2017 04:43pm EST 

Nov 14 (Reuters) - Berkshire Hathaway Inc :Berkshire Hathaway ups share stake in Synchrony Financial by 19 percent to 20.8 million shares ‍​.Berkshire Hathaway dissolves share stake in Wabco Holdings- sec filing‍​.Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017‍​.  Full Article

WABCO Holdings reports Q3 earnings per share of $1.30
Thursday, 19 Oct 2017 06:30am 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

BRIEF-Wabco Extends Long-Term Agreement With Major Global Manufacturer Of Trucks And Buses To Supply Air Compressors

* WABCO EXTENDS LONG-TERM AGREEMENT WITH A MAJOR GLOBAL MANUFACTURER OF TRUCKS AND BUSES TO SUPPLY AIR COMPRESSORS