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Stock Market & Financial Investment News

News Breaks
April 8, 2014
06:09 EDTWBC, AMATWABCO appoints Prashanth Mahendra-Rajah CFO
WABCO Holdings (WBC) announced that it has appointed Prashanth Mahendra-Rajah to the role of CFO starting June 3. Most recently, Prashanth Mahendra-Rajah served as CFO of the Silicon Systems Group, a $6B division of Applied Materials (AMAT), based in Santa Clara, Calif.
News For WBC;AMAT From The Last 14 Days
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July 14, 2014
06:36 EDTWBCWABCO announces major deal in Saudi Arabia
WABCO announced that its newly acquired fleet management solutions, or FMS, company, Transics International, signed a groundbreaking contract with Saudi-Arabia based Almarai, one of the world's largest dairy companies. The contract marks the dynamic global expansion of Transics, a market leader in Europe, after WABCO acquired the company in February. Transics will equip Almarai's entire long-haul vehicle fleet of more than 1,300 trucks with its industry-leading fleet management system, thereby, helping the food company to further enhance its fleet's safety performance and operational efficiency. Starting in August, Transics will upgrade Almarai's trucks with advanced TX-SKY on-board computers and install its web-based back office system TX-CONNECT for efficient truck, driver, trailer and cargo management. Transics expects to furnish Almarai's entire fleet of long-haul trucks by 2Q15.
July 8, 2014
05:48 EDTAMATApplied Materials assumed with an Overweight at Piper Jaffray
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05:13 EDTAMATApplied Materials, Tokyo Electron to be called Eteris
Applied Materials and Tokyo Electron unveiled the new name and logo of their combined company, Eteris, which will be used once the merger closes. Applied Materials and Tokyo Electron expect the transaction to close in the second half of 2014.

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