Stock Monitor: VOXX Intl. Post Earnings Reporting
LONDON, UK / ACCESSWIRE / January 16, 2018 / Active-Investors.com has just released a free research report on WABCO Holdings Inc. (NYSE: WBC). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=WBC as the Company's latest news hit the wire. On January 11, 2018, the Company declared that it has signed a new long-term agreement to supply its latest generation of tailored automated manual transmission (AMT) valve technology to Europe-based major global manufacturer of trucks and buses. WABCO is the first company to introduce automated manual transmission control technology for commercial vehicles. Register today and get access to over 1000 Free Research Reports by joining our site below:
Active-Investors.com is currently working on the research report for VOXX International Corporation (NASDAQ: VOXX), which also belongs to the Consumer Goods sector as the Company WABCO Holdings. Do not miss out and become a member today for free to access this upcoming report at:
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, WABCO Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
WABCO's Technology Leadership in AMT Valve Technology Will Offer Multiple Benefits to its Client
As per the agreement, WABCO will support future series production as the sole supplier, primarily in Europe and South America. Further differentiated by its global infrastructure, the Company provides production and supply chain capabilities that are in close proximity to the sites where this major customer plans their new gearbox and transmissions to be produced. WABCO's technology leadership in AMT valve technology will offer multiple benefits to its client, including a reduction in fuel costs and increased safety and driver comfort.
WABCO Extended AMT Supply Agreement with Daimler Trucks in 2017
In June 2017, Daimler Trucks, the world's largest manufacturer of trucks over six tons, extended its long-term supply agreement with WABCO for new heavy-duty AMT control technology to support its series production mainly in Europe, North America, Japan, and South America. This contract with Daimler Trucks extended WABCO's existing AMT supply agreement, while also expanding its volume.
WABCO's AMT Technology
AMT technology enables efficient, cost-effective automatic shift of gears and controls clutch actuation for commercial vehicles. Additionally, this advancement can improve fuel savings by up to 3% through optimized gear shifting. WABCO AMT solutions also differentiate through reduced component weight, more compact design and simplified assembly processes, resulting in lower manufacturing and installation costs. This technology can operate in high temperature conditions. With AMT, vehicle operators can reduce mechanical wear on gearboxes, lower maintenance costs, and decrease vehicle downtime, and also enable drivers to focus further attention on road and traffic conditions, resulting in increased comfort and safety.
WABCO Recently Made Strategic Investment in Advancing Electric Commercial Vehicle Sector
On December 20, 2017, WABCO made a $10 million strategic investment in Nikola Motor Company, a leader in the design and manufacturing of hydrogen-electric vehicles, vehicle components, energy storage systems, and electric vehicle drivetrains headquartered in Salt Lake City, Utah (USA). The transaction demonstrated WABCO's commitment to advance the development of electric and highly automated commercial vehicles in North America and around the globe. WABCO and Nikola also signed an agreement to accelerate the development of industry-leading safety technologies specifically designed for electric commercial vehicles, including electronic braking systems (EBS) as well as traction and stability control technologies.
About WABCO Holdings Inc.
Founded in 1869, WABCO Holdings is a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles. The Company continues to pioneer breakthrough innovations for advanced driver assistance, braking, stability control, suspension, transmission automation, and aerodynamics. Headquartered in Brussels, Belgium, WABCO has 13,000 employees in 40 countries.
Stock Performance Snapshot
January 12, 2018 - At Friday's closing bell, WABCO Holdings' stock rose 1.51%, ending the trading session at $155.02.
Volume traded for the day: 222.90 thousand shares.
Stock performance in the last month – up 6.90%; previous three-month period – up 4.32%; past twelve-month period – up 45.35%; and year-to-date - up 8.03%
After last Friday's close, WABCO Holdings' market cap was at $8.32 billion.
Price to Earnings (P/E) ratio was at 28.04.
The stock is part of the Consumer Goods sector, categorized under the Auto Parts industry. This sector was up 0.3% at the end of the session.
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visithttp://active-investors.com/legal-disclaimer/.
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.