65.46 0.00 (0.00%)
After hours: 4:52PM EDT
|Bid||65.09 x 1000|
|Ask||66.54 x 1000|
|Day's Range||63.78 - 65.57|
|52 Week Range||62.67 - 115.40|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||33.48|
|Forward Dividend & Yield||0.48 (0.65%)|
|1y Target Est||N/A|
MSA Safety Inc. has snapped up Wabtec Corp.’s director of corporate development as the Cranberry-based developer and supplier of safety products accelerates acquisitions. Christopher Hepler, responsible for the rail manufacturer’s global M&A activities since 2015, is now MSA’s executive director of corporate development.
The two parties are still at odds over contract negotiations. The expiration date of the interim agreement looms close.
Fairfield, CT, based Investment company General Electric Co buys Westinghouse Air Brake Technologies Corp, Neuronetics Inc during the 3-months ended 2019Q1, according to the most recent filings of the ...
On Wednesday, the company announced a strategic move in that direction with an investment in General Electric Additive’s H2 binder jet printer capabilities. “Additive technology is going to transform our business and products. “Our team can reimagine how to approach designing and testing products.” The company’s first H2 machine is currently in GE’s Additive Laboratory in Cincinnati, but will be moved to Wabtec’s new Grove City engine plant by the end of the year.
Sydney, Nsw, C3, based Investment company VGI PARTNERS PTY Ltd buys Westinghouse Air Brake Technologies Corp, sells Zillow Group Inc during the 3-months ended 2019Q1, according to the most recent filings ...
Westinghouse Air Brake Technologies Corp NYSE:WABView full report here! Summary * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NegativeShort interest is moderately high for WAB with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on April 29. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $3.21 billion over the last one-month into ETFs that hold WAB are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
A number of rail equipment lessors and manufacturers have been merging and consolidating in recent months as a way to leverage themselves against marketplace changes brought about by precision scheduled railroading (PSR), an operational model that seeks to cut costs. Among them, railcar manufacturer Greenbrier (NYSE: GBX) acquired the manufacturing segment of American Railcar Industries in April as a way for Greenbrier to solidify its role as a supplier of covered hoppers and tank cars. In February 2019, Wabtec's (NYSE: WAB) merged with GE Transportation to ramp up its market presence as a rail component manufacturer specializing in automation and locomotive upgrades, according to Matt Elkott, an analyst with investment firm Cowen.
General Electric's (GE) first-quarter 2019 results decline year over year due to weak sales performance and fall in margins. However, results surpass estimates.
Union workers from Wabtec Corp.’s (NYSE: WAB) Wilmerding and Greensburg facilities gathered Saturday, April 27 to rally against the company’s proposed concessions as the workers face a contract that expires on May 1, according to UE Field Organizer Ben Wilson. If an agreement is not reached, the union workers may strike as soon as Wednesday when the contract expires. Gibson said the union membership at these facilities have accepted concessions the last nine or 10 years, but that this time is different because the company hit record profitability and announced the belief that it will hit record profits again. While Gibson said a strike is in the hands of the union membership to decide by Tuesday at midnight, the workers have already expressed that they cannot accept any increases in health care cost.
Wabtec Corp. (NYSE: WAB) named Rafael Santana as the new president and CEO of the company during its Thursday morning quarter one earnings call. Santana comes from the role of president and CEO of the company’s freight segment following its Feburary merger with GE Transportation. Previous to the merger, Santana served as president and CEO of General Electric’s transportation unit.
The Wilmerding, Pennsylvania-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.06 per share. The results surpassed Wall ...
A Wabtec locomotive manufacturing facility, which was formerly a GE plant until March, delivered its 1,000th Evolution Series Tier 4 locomotive at its Fort Worth plant.
Investment company Cynosure Management, Llc buys Westinghouse Air Brake Technologies Corp, sells General Electric Co, Wells Fargo, Union Pacific Corp during the 3-months ended 2019Q1, according to the ...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). To keep the lesson grounded in practicality, we...
High operating expenses including integration costs of the GE Transportation merger might mar Wabtec's (WAB) Q1 earnings prospects. However, robust segmental revenues should boost the top line.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 13.1% in the 2.5 months of 2019 (including […]