WAB - Westinghouse Air Brake Technologies Corporation

NYSE - NYSE Delayed Price. Currency in USD
96.66
-0.81 (-0.83%)
At close: 4:01PM EDT
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Previous Close97.47
Open96.90
Bid0.00 x 800
Ask0.00 x 1200
Day's Range95.21 - 97.06
52 Week Range69.20 - 100.28
Volume770,491
Avg. Volume800,775
Market Cap9.307B
Beta0.58
PE Ratio (TTM)35.54
EPS (TTM)2.72
Earnings DateJul 23, 2018 - Jul 27, 2018
Forward Dividend & Yield0.48 (0.52%)
Ex-Dividend Date2018-05-10
1y Target Est93.36
Trade prices are not sourced from all markets
  • General Electric deal with Wabtec
    Yahoo Finance Video2 days ago

    General Electric deal with Wabtec

    General Electric in a $20 Billion deal with Wabtec — a rail equipment maker. It's a new bull market for GE -- up around 20% from those multi-year lows hit in April.

  • GE sells transportation unit for $11 bln
    Reuters Videos2 days ago

    GE sells transportation unit for $11 bln

    General Electric confirmed it was unloading the bulk of its transportation business which makes train engines to Wabtec, a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11 billion. Aleksandra Michalska reports.

  • GE Jumpstarts Overhaul With $11.1 Billion Wabtec Rail Deal
    Bloomberg Video2 days ago

    GE Jumpstarts Overhaul With $11.1 Billion Wabtec Rail Deal

    May.21 -- GE Jumpstarts Overhaul With $11.1 Billion Wabtec Rail Deal

  • The Wall Street Journal9 hours ago

    Union Pacific Chief Praises GE-Wabtec Railroad Deal

    Lance Fritz says the industrial tie-up provides ‘a home that’s stable’ for major rail locomotive supplier.

  • No One Said GE's Turnaround Was Going to Be Easy
    Bloomberg12 hours ago

    No One Said GE's Turnaround Was Going to Be Easy

    If General Electric Co. makes another cut to its dividend in the middle of a breakup, will it still hurt? The short-term answer is yes: GE’s stock plunged on Wednesday after CEO John Flannery said the fate of the payout is partly dependent on the steps he takes to unwind the company’s conglomerate structure. Speaking at an annual spring confab for industrial bigwigs, Flannery said he needs to see how the merger of GE's transportation unit with Wabtec Corp. announced this week "plays out".

  • The Wall Street Journal15 hours ago

    [$$] Why Thomas Edison Would Not Be Happy About GE's Latest Deal

    Edison and Westinghouse famously battled over the future of electrical distribution—alternating current vs. direct current—resulting in insults and publicity stunts, including Edison electrocuting animals in his New Jersey laboratory in an unsuccessful attempt to illustrate the dangers of Westinghouse’s AC. Westinghouse founded the Westinghouse Air Brake Co. in 1869 and the Westinghouse Electric Corp. in 1886.

  • General Electric's Transformation Gains Steam With Wabtec Deal
    Motley Fool18 hours ago

    General Electric's Transformation Gains Steam With Wabtec Deal

    General Electric has agreed to merge its transportation segment with Wabtec, with total proceeds to the company and its shareholders exceeding $10 billion.

  • American City Business Journals2 days ago

    Wabtec-GE merger rolls in more than just railroad equipment

    Here's what to expect for the Erie and Grove City facilities.

  • TheStreet.com2 days ago

    Jim Cramer: Wabtec Deal Gives General Electric Optionality

    TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks General Electric's merger of its transportation business with Wabtec for $11.1 billion gives "optionality."

  • General Electric's Transportation Unit to Merge With Wabtec
    Zacks2 days ago

    General Electric's Transportation Unit to Merge With Wabtec

    General Electric (GE) enters into a definitive agreement to merge its operating segment, GE Transportation, with Wabtec Corporation.

  • CNBC2 days ago

    GE’s charts need to show this before the rebound looks real, Oppenheimer technician says

    Calling a bottom in General Electric GE has been among the more painful and fruitless endeavors on Wall Street over the past decade. A top technical analyst has a simple message: Don't hold your breath. "The stock has moved through this $15 level, a little bit of a near-term breakout," Ari Wald, head of technical analysis at Oppenheimer, told CNBC's " Trading Nation " on Monday.

  • The Wall Street Journal2 days ago

    [$$] GE to Merge Rail Division With Wabtec in $11 Billion Deal

    General Electric Co. agreed to merge its railroad business with Wabtec Corp. in a deal valued at roughly $11 billion, letting GE raise some cash to fund its turnaround and shed one of its oldest operations. The transaction is the first major portfolio move in GE Chief Executive John Flannery’s attempt to revamp the struggling industrial conglomerate. Mr. Flannery, who took over as CEO in August, has promised to update investors by the end of June with his plans for GE’s three core units: aviation, health care and power.

  • TheStreet.com2 days ago

    Monday Madness: GE, China, and Micron

    Let's review Monday.

  • GE Is Haunted by Its Sprawl
    Bloomberg2 days ago

    GE Is Haunted by Its Sprawl

    The conglomerate is slimming down, but maybe not quickly enough.

  • What Happened in the Stock Market Today
    Motley Fool2 days ago

    What Happened in the Stock Market Today

    As stocks rose on easing worries over trade, General Electric announced it is selling its rail business to Wabtec, and Micron Technology raised guidance.

  • American City Business Journals2 days ago

    Here's what GE deal will mean for Wabtec's standing globally

    Says CEO: "Pittsburgh is where we've been for 149 and a half years, and I think it's going to present opportunities."

  • Reuters2 days ago

    GE to merge transportation unit with Wabtec in $11.1 bln deal

    The deal, first reported by Reuters on Sunday, is the biggest to be inked thus far by GE Chief Executive John Flannery since he announced a major overhaul of the U.S. industrial conglomerate late last year. The transaction values the GE transportation business, which makes train engines, at $11.1 billion. GE will receive a $2.9 billion up-front payment in cash and a 9.9-percent stake in the combined company, with GE shareholders awarded 40.2 percent and existing Wabtec shareholders owning 49.9 percent.

  • TheStreet.com2 days ago

    GE Confirms $11.1 Billion Transportation Merger With Wabtec

    The deal, earlier reported by Reuters and later confirmed by both companies, will see GE receiving $2.9 billion in cash from Westinghouse Air Brake Technologies Corp., also known as Wabtec as the groups combine to create a transportation group with annual revenue of $8 billion. GE shareholders will hold about 50.1% of the combined group, the companies said, and will maintain the right to increase that ownership percentage going forward. GE's 50.1% equity stake will be split into two stakeholders, Cowen equity analyst Gautam Khanna said.

  • TheStreet.com2 days ago

    Dow Leads Major Indices With Triple-Digit Rally

    as the trade war rhetoric between the U.S. and China cooled. The Dow traded above 25,000 on Monday for the first time since March 16. General Electric rose 1.94% after reaching an $11.1 billion deal with Wabtec Corp.

  • GE’s stock flirts with a new bull market after deal to merge transportation unit with Wabtec
    MarketWatch2 days ago

    GE’s stock flirts with a new bull market after deal to merge transportation unit with Wabtec

    Shares of General Electric Co. flirted with kicking off a new bull market Monday, but just missed at the close, as investors cheered the industrial conglomerate’s $11.1 billion deal to merge its struggling transportation business with Wabtec Corp. Many on Wall Street define a bull market as a rise of 20% or more off a bear market low. It would take a close above $15.39 to kick off a new bull market.

  • GE Will Offload One Of Its Oldest Businesses In New CEO's Biggest Deal
    Investor's Business Daily2 days ago

    GE Will Offload One Of Its Oldest Businesses In New CEO's Biggest Deal

    General Electric will merge its locomotives business with Wabtec in a deal worth about $11.1 billion as the industrial giant accelerates turnaround plans.

  • Moody's2 days ago

    Westinghouse Air Brake Technologies Corp. -- Moody's affirms ratings of Wabtec, with senior unsecured at Baa3, on announced merger with GE Transportation; outlook negative

    Moody's Investors Service ("Moody's") has affirmed all ratings for Westinghouse Air Brake Technologies Corp. ("Wabtec"), including its Baa3 senior unsecured rating, in response to the company's planned merger with the GE Transportation division of General Electric Corporation ("GE").

  • InvestorPlace2 days ago

    General Electric Company Has Taken the First Step Towards Recovery

    General Electric Company (NYSE:GE) is finally doing what analysts expected, even demanded it do after John Flannery became CEO last year. The irony is that Wabtec’s history goes back to the Westinghouse Air Brake Co. Yes, that Westinghouse. General Electric itself was formed in 1892, in large part, to compete with George Westinghouse, who had decided AC current worked better at scale than Thomas Edison’s DC.

  • Stocks Move On Trade Talks As Dow Finds An Unlikely Top Performer In GE
    Investor's Business Daily2 days ago

    Stocks Move On Trade Talks As Dow Finds An Unlikely Top Performer In GE

    Stocks recovered part of their late-morning slide as the market showed it's paying keen attention to trade talks with China.

  • CNBC2 days ago

    GE shares rise to three-month high as Wall Street analysts praise train deal as beginning of turnaround

    Analysts are applauding GE's deal to merge its transportation business with Wabtec. "This deal is the largest cornerstone for [GE CEO] John Flannery's plan to divest non-core assets," William Blair analyst Nick Heymann says in a phone interview. Wall Street analysts are cheering Gene GE ral Electric's GE move to start splitting itself up after poor shareholder returns in the past year.