Wabtec Corporation today announced the declaration of its regular quarterly dividend of 1 cent per share, payable on Aug. 31, 2010 to holders of record on Aug. 17, 2010.
Railcar manufacturer Wabtec Corp. said Wednesday it has completed the acquisition of rail track and signal product supplier G&B Specialties Inc. for about $35 million.
Wabtec Corporation has completed the acquisition of G&B Specialties, Inc., from Global Railway Industries Ltd. for about $35 million. On July 14, Wabtec announced that it had signed an agreement to acquire G&B Specialties and Bach-Simpson Corporation from Global Railway Industries for about $45 million. The Bach-Simpson acquisition is expected to be completed by Oct. 31. Wabtec expects the transactions to be accretive in the first year.
Westinghouse Air Brake Technologies Corp., which makes components for freight and passenger trains, subway cars and buses doing business as Wabtec, said early Tuesday that its second-quarter net income rose 1 percent.
Wabtec Declares Regular Quarterly DividendPR NewswireWILMERDING, Pa., July 28WILMERDING, Pa., July 28 /PRNewswire-FirstCall/ -- Wabtec Corporation (NYSE: WAB) today announced the declaration of its 2010 07 28 16:15
Wabtec Completes Purchase of G&B SpecialtiesPR NewswireWILMERDING, Pa., July 28WILMERDING, Pa., July 28 /PRNewswire-FirstCall/ -- Wabtec Corporation (NYSE: WAB) has completed the acquisition of 2010 07 28 13:37
Wabtec beats by $0.03, beats on revs; guides FY10 EPS in-line Reports Q2 (Jun) earnings of $0.65 per share, $0.03 better than the Thomson Reuters consensus of $0.62; 2010 07 27 08:04
GATX Corporation (NYSE: GMT) and Wabtec Corporation (NYSE: WAB) today announced the delivery of an ultra-low emission, gen-set switcher locomotive to GATX?s railcar repair facility located in 2010 07 19 10:00
Wabtec to supply 20 passenger locomotives Co selected by the Massachusetts Bay Transportation Authority to supply 20 of MotivePower's next generation, advance-designed, HSP46 passenger locomotives at 2010 07 16 16:08
Wabtec's MotivePower Unit Selected by MBTA to Supply New Passenger LocomotivesPR NewswireWILMERDING, Pa., July 16WILMERDING, Pa., July 16 /PRNewswire-FirstCall/ -- MotivePower, a unit of Wabtec 2010 07 16 16:05
Wabtec Announces Earnings Release DatePR NewswireWILMERDING, Pa., July 15WILMERDING, Pa., July 15 /PRNewswire-FirstCall/ -- Wabtec Corporation (NYSE: WAB) today announced that it will report second 2010 07 15 10:24
Americans are notoriously attached to their cars, but high oil prices in 2007 and 2008 led many to get on a bus or train. According to a 2009 paper Transit Ridership Models: Present Status and Future Needs [pdf] by Grace Galluci and John D Allen, Ph.D. from Chicago's Regional Transportation Authority, current published transit ridership models do not yet incorporate changes in gasoline prices. The authors consider this a serious omission, since, in addition to the obvious intuitive link...
Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday September 23.
Bullish Calls:
Spectra Energy (SE): "Why would you sell? It's got a 5% yield. The balance sheet's good. I'm a buyer, buyer, buyer... SE?... Not hold, not sell, but buy..."
This is the second quarter 2009 edition of our ongoing hedge fund portfolio tracking series. Before reading this update, make sure you check out our series preface on hedge fund 13F filings.
Next up is George Soros' hedge fund firm, Soros Fund Management. Soros is one of the gurus we track on the blog due to his excellent track record and insightful macro take on things. His current take on the crisis and financial markets is laid out in his latest book, The New Paradigm for Financial Markets: The Credit Crisis of 2008 and...
At the end of each trading week, Hillbent scans for the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.
(The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point...
? Wabtec Corp. has completed the acquisition of G&B Specialties Inc. from Global Railway Industries Ltd. for $45.8 million. Wabtec had also signed an agreement to acquire Bach-Simpson Corp. from ...
Wabtec Corp. said it completed the previously announced acquisition of G&B Specialties Inc. from Global Railway Industries Ltd. for about $35 million. G&B, based in Berwick, makes railroad track ...
Company: Global Railway Industries Ltd. Stock Symbol: GBI Listing: Toronto Stock Exchange Outstanding Shares: 15.2 Million Web Site: www.globalrailway.com LONDON, ON, July 28 /CNW/ - (GBI:TSX ...
By Seeking Alpha 07/27/10 - 04:22 PM EDT Good morning and welcome to the Wabtec Corporation Second Quarter 2010 Earnings Conference Call. All participants will be in listen-only mode for the ...
By Tim Grant, Pittsburgh Post-Gazette Wabtec Corp. today reported second quarter 2010 earnings of $0.65 cents a share compared with earnings of $0.64 cents a share for the same quarter last year ...
July 27 (Reuters) - Wabtec Corp (WAB.N), a US railcar parts and braking equipment maker, posted quarterly results that beat Street estimates, helped by strong sales at its freight segment, and ...
Wabtec (NYSE: WAB | PowerRating) said it expects 2010 earnings of $2.45 to $2.55 per share. The company's previous guidance was earnings of $2.40 to $2.50 per share and the current consensus ...
Sales increased 12 percent to $374 million, the company's highest quarterly sales figure since the first quarter of 2009. The Freight Group had a strong sales increase due to organic growth and ...
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