|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||95.53 - 98.80|
|52 Week Range||69.75 - 115.40|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||32.03|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||0.48 (0.48%)|
|1y Target Est||107.83|
NEW YORK , Oct. 16, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
WILMERDING, Pa., Oct. 16, 2018 -- Wabtec Corporation (NYSE: WAB) declared its regular quarterly dividend of 12 cents per share, payable on Nov. 30, 2018 to holders of record on.
Wabtec (WAB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wabtec Corporation (WAB) today announced that it will hold a special meeting of stockholders on Wednesday, Nov. 14, 2018 to consider and vote on proposals to amend its charter to increase the number of authorized shares of Wabtec common stock and to approve the issuance of Wabtec common stock in connection with its proposed combination with GE Transportation. Additional information related to the charter amendment, the share issuance, the proposed combination and the special meeting is included in the definitive proxy statement dated and filed with the SEC today, Oct. 12, 2018. The definitive proxy statement is first being mailed to Wabtec’s stockholders on or about Oct. 12, 2018.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
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The two locomotives GE Transportation made in Fort Worth for a mining company called Roy Hill marked two firsts for the giant of the transportation equipment industry.
The abrupt change at the top of General Electric Co. isn’t causing worries in Wilmerding where a $10 billion deal is still underway. GE (NYSE:GE), whose transportation division is merging with Wabtec Corp. in the first quarter, replaced John Flannery, its CEO of less than 14 months, on Monday with Lawrence Culp, the former CEO of Danaher Corp. who joined GE’s board in April. The transaction with Wabtec (NYSE:WAB), the rail products manufacturer based in Wilmerding, near Pittsburgh, was announced in late May, midway in Flannery’s tenure.
Moody's Investors Service ("Moody's") placed the ratings of General Electric Company ("GE") and GE Capital Global Holdings, LLC ("GE Capital") and its subsidiaries on review ...
General Electric has a market capitalization of $110 billion (as of October 1, 2018), and is one of America’s most familiar brands. The company produces products ranging from toasters and clock radios to the GEnx jet engine for the Boeing 787. On October 1, 2018, GE announced that H. Lawrence Culp would replace John Flannery as Chairman and CEO of the company effective immediately.
The U.S. manufacturing sector, which constitutes around 12% of the country's GDP, is increasing capital spending driven by massive tax overhaul, deregulatory measures, and strong domestic and global demand.
Trinity Industries’ (TRN) cash and cash equivalents were $612.7 million as of June 31, 2018. This figure was up $165.9 million to $778.6 million at the end of December 2017. The company’s free cash flow jumped to $955.9 million in 2016 from ~$600.0 million in 2014. The main factor behind the fall in Trinity’s free cash flow is the contraction in its operating cash flow.
On September 13, Trinity Industries declared a dividend of $0.13 per share on its common stock for the third quarter. The quarterly cash dividend is payable October 31 to stockholders of record as of October 15. The company has paid a quarterly cash dividend for 218 consecutive quarters.
General Electric (GE) Transportation made a key announcement at Berlin’s InnoTrans 2018 International Trade Fair on September 19. According to the announcement, Indian Railways gave General Electric’s 4,500-horsepower diesel-electric Evolution Series prototype locomotives the green light. GE Transportation announced that Indian Railways approved the locomotive after the testing and trials were complete.
Trinity Industries (TRN) is a major rail transportation solution provider in the United States. The separation is to take place through a distribution of all of the common stock of Arcosa Inc. held by Trinity to Trinity stockholders. In December, Trinity Industries announced its intention to spin off its infrastructure-related businesses.
Wabtec's (WAB) deal with GE Transportation, expected to close early next year, should significantly expand product portfolio of the former. The company's current-year outlook is encouraging as well.
Wabtec reaffirmed financial targets for the GE transportation deal, saying it expects adjusted Ebitda to increase between $900 million and $1 billion.
Wabtec Corporation (WAB) today filed an amended preliminary proxy statement with the SEC relating to its proposed combination with GE Transportation. As outlined in May, the strategic and financial rationale for the GE Transportation transaction remains compelling and unchanged.
On Monday, Sept. 17, Wabtec intends to file its amended proxy statement relating to the shareholders meeting to approve the transaction. Wabtec Corporation is a leading global provider of equipment, systems and value-added services for transit and freight rail. Through its subsidiaries, Wabtec manufactures a range of products for locomotives, freight cars and passenger transit vehicles.
Wabtec Corporation (WAB) (“Wabtec”) today announced that it has priced a public offering of (i) $500 million of Floating Rate Senior Notes due 2021 (the “Floating Rate Notes”), (ii) $750 million of 4.150% Senior Notes due 2024 (the “2024 Notes”) and (iii) $1.25 billion of 4.700% Senior Notes due 2028 (the “2028 Notes,” and, together with the Floating Rate Notes and the 2024 Notes, the “Notes”). The Notes will be guaranteed by each of Wabtec’s current and future subsidiaries that guarantee its indebtedness under its credit agreement or any other debt of Wabtec or any other guarantor. The Floating Rate Notes will pay interest quarterly in arrears and the 2024 Notes and the 2028 Notes will pay interest semi-annually in arrears.