News Breaks |
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| July 16, 2012 |
| 08:34 EDT |  | WAB | Wabtec acquires Tec Tran
Wabtec Chas completed the acquisition of Tec Tran Corp. and its affiliates, the only U.S.-owned manufacturer of hydraulic braking systems for transit cars. Based in North Carolina and founded more than 30 years ago, Tec Tran has annual sales of about $10M. Wabtec expects the transaction to be accretive in the first year. Tec Tran designs and manufactures hydraulic braking systems and related components, including calipers, power units, electronic controls and brake discs, for both new and aftermarket applications. |
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News For WAB From The Last 14 Days Check below for free stories on WAB the last two weeks. |
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| May 16, 2013 |
| 10:03 EDT |  | WAB | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen. |
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| 06:35 EDT | | WAB | Wabtec initiated with an Overweight at Atlantic Equities
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| May 14, 2013 |
| 16:50 EDT | | WAB | Wabtec promotes Neupaver to Chairman and CEO, Betler to President and COO
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| 16:20 EDT | | WAB | Wabtec announces 2-for-1 stock split, raises dividend 60%
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