News
WAB
85.35
+0.35%
0.30
Solid Cash Balance Boosts Wabtec (WAB) Despite Expense Woes
Strong cash balance and strategic acquisitions aid Wabtec (WAB). However, high operating expenses are worrisome.
Zacks · 5d ago
Wabtec, AGCO among downgrades as Morgan Stanley assesses recession risk in machinery
AGCO Corp. (NYSE:AGCO) and Westinghouse Air Brake Technologies Corpor...
Seekingalpha · 5d ago
Morgan Stanley Downgrades Westinghouse Air Brake Technologies to Equalweight From Overweight, Cuts Price Target to $94 From $113
MT Newswires · 5d ago
Wabtec a new best idea short at Hedgeye
Wabtec (NYSE:WAB) was added as new best idea short at Hedgeye as the firm sees the rail equipment company underperforming by more than 30% as it gives back recent gains
Seekingalpha · 06/21 15:31
10 Best Railroad Stocks to Invest In
In this piece, we will take a look at the ten best railroad stocks to invest in. If you want to skip ahead to the top five stocks in this list, then take a look at 5 Best Railroad Stocks to Invest In. The railroad industry is one of the oldest industries i...
Insider Monkey · 06/21 13:16
Wabtec (WAB) Buys ARINC Rail Solutions, Expands in US & Canada
The ARINC Rail Solutions buyout helps Wabtec (WAB) expand its digital and electronics portfolio and enhance productivity, safety and efficiency across the global rail network.
Zacks · 06/17 15:22
For Wabtec, Erie serves as a global hub for engineering design and development
Wabtec Corp. calls Pittsburgh home, but a lot of the railroad equipment and systems manufacturer’s future is taking place about 130 miles north in Erie.
American City Business Journals · 06/16 18:23
Wabtec acquires Collins Aerospace’s ARINC rail solutions business
Wabtec (NYSE:WAB) has acquired Collins Aerospace's ARINC rail solutions business segment; financial terms of the deal were not disclosed. ARINC's rail solutions business supports transit, regional, inter-city, commuter, subway, and
Seekingalpha · 06/16 11:51
BRIEF-Wabtec Acquires Collins Aerospace's Arinc Rail Solutions Business To Extend Rail Optimization Portfolio
reuters.com · 06/16 11:37
Westinghouse Air Brake Acquires ARINC Rail Business for Undisclosed Sum
MT Newswires · 06/16 08:08
L.B. Foster Announces the Appointment of Raymond T. Betler as Chairman of the Board of Directors
PITTSBURGH, June 15, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a leading manufacturer and distributor of products and provider of services for transportation and energy infrastructure, announced today that Raymond T. Betler has been appo...
GlobeNewswire · 06/15 15:56
Wabtec (WAB) Receives Canadian National's New Software Order
Wabtec (WAB) receives Canadian National's order for its newly launched Precision Dispatch System, which is expected to help the latter increase capacity and improve efficiency across its network.
Zacks · 06/07 15:14
Rail equipment stocks look strong into second half of 2022 - Wells Fargo
An increase in railcar storage is no signal to turn bearish on rail equipment stocks, per Wells Fargo. The Association of American Railroads released a new railcar storage report on
Seekingalpha · 06/06 21:10
Why Westinghouse Air Brake Technologies (WAB) is a Top Momentum Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Zacks · 06/06 13:50
BRIEF-Wabtec Launched New Precision Dispatch System With An Order From CN
reuters.com · 06/06 11:18
Wabtec Advances Rail Network Optimization for CN with the Launch of its Precision Dispatch System
PITTSBURGH & MONTREAL, June 06, 2022--Wabtec (NYSE: WAB) launched its new Precision Dispatch System today with an order from CN (TSX: CNR) (NYSE: CNI). The Precision Dispatch deal marks a major step toward network automation for CN and the entire rail indu...
Business Wire · 06/06 11:00
Soaring Diesel Prices Could Accelerate The Electric Vehicle Boom
Rising fuel prices are hitting consumers where it counts and could accelerate the global push toward electric vehicles and electric cargo transport
Oilprice.com · 06/05 15:00
This Foreboding Sign Looms Over Westinghouse Air Brake's Chart
If history is any guide, there may be trouble ahead for shares of Westinghouse Air Brake (NYSE:WAB). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Benzinga · 06/01 14:50
BRIEF-Wabtec Board Members, Lee Foster And Michael Howell, Announce Retirements
reuters.com · 05/31 11:16
Wabtec Board Members, Lee Foster and Michael Howell, Announce Retirements
PITTSBURGH, May 31, 2022--Wabtec Corporation’s (NYSE: WAB) Board of Directors today announced the retirement of Directors Lee Foster and Michael Howell upon reaching the Board’s retirement age. The retirements were effective May 18, 2022.
Business Wire · 05/31 11:00
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About WAB
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.