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Stock Market & Financial Investment News

News Breaks
January 24, 2013
12:39 EDTCUBCubic acquires NextBus from Webtech for C$20.75M
Cubic Transportation Systems announced it has acquired NextBus from Webtech Wireless for C$20.75M. NextBus is a provider of real-time passenger information systemswith more than 100 transit agency deployments in the United States and Canada.
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July 28, 2014
15:12 EDTCUBCubic awarded contract over $8M for SmarTrip devices
Cubic Transportation Systems has been awarded a contract for more than $8M to convert existing paper magnetic farecard vending machines to sales and reload devices for SmarTrip, the contactless smart card for the Washington Metropolitan Area Transit Authority, the company announced. The project is part of the agency’s plan to eliminate paper ticketing from its fare system to all contactless media by Spring 2016.

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