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Stock Market & Financial Investment News

News Breaks
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.
News For CUB From The Last 14 Days
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July 26, 2015
13:51 EDTCUBCubic shares may jump 25%, Barron's says
Year-to-date declines in Cubic shares have created a "potential opportunity" for traders and the stock could advance 25%, Barron's contends in a feature article, citing rising urbanization and the need for cities and governments to upgrade the public transportation ticketing products made by the company. The publication also notes that Cubic "could pique the interest of an activist investor." Reference Link

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