Wabtec’s acquisitions boost its Digital Intelligence business and future prospects. See why WAB stock could be enticing at a dip between $160-$170.
Wabtec announced in January it had secured a $248 million contract with African railway development company Winning Consortium Simandou to provide locomotives for a 370-mile long railway connecting an ...
Wabtec Corp. has announced a US$248 million order from Winning Consortium Simandou to support its rail operations at a high-grade iron ore project in the east of Guinea.
Wabtec’s telematics solutions exceeded the coalition’s uptime and data accuracy requirements in testing. Credit: Wabtec Corporation. Wabtec, a provider of equipment, systems and digital solutions for ...
Locomotive builder Wabtec’s revenue and profits increased in the fourth quarter, but the company’s stock tumbled 11% Wednesday after quarterly results and a new five-year outlook both came in ...
Wabtec's Advanced Technology Team developed the prototype as a possible alternative to freight trucking. STORY HIGHLIGHTS Wabtec Corp. developed Maverick, an autonomous locomotive prototype ...
Wabtec Corporation on March 6 announced that it has secured approval as a RailPulse Certified Telematics Vendor, “marking a significant milestone in the company’s ongoing commitment to improving the ...
REPORTER AVA RASH HAS MORE. WABTEC SHOWING OFF THIS MASSIVE, FUTURISTIC VEHICLE IN DOWNTOWN PITTSBURGH. IT’S ALL PART OF ITS ADVANCED TECHNOLOGY TEAM, DISPLAYING THE FUTURE AND RAIL TECHNOLOGY.
The Transit segment, however, grew 7.1%, helping lift overall revenue by 2.3% . Wabtec also introduced a new five-year forecast, targeting mid-single-digit annual revenue growth and 3.5 ...
Susquehanna lowered the firm’s price target on Wabtec (WAB) to $218 from $222 and keeps a Positive rating on the shares. The firm said they understand revenue growth fears on the back of 4Q’s ...
Overall, Wabtec (as it is also known) ended the quarter with a solid performance in margins and cash flow, reinforcing its strong market positioning. Westinghouse Air Brake Technologies ...
Shares of Wabtec WAB shed 2.00% to $181.65 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 1.76% to 5,849.72 and Dow Jones ...
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