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Stock Market & Financial Investment News

News Breaks
April 8, 2014
05:46 EDTWBCWABCO upgraded to Conviction Buy from Buy at Goldman
Goldman upgraded WABCO to Conviction Buy with a $126 price target on expectations the company's returns and earnings power will improve in the current cycle.
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August 14, 2014
07:11 EDTWBCWABCO awarded long-term agreement
WABCO announced that it has been awarded a new long-term agreement by a major manufacturer of commercial vehicles headquartered in Europe. WABCO will supply brake actuator technologies for a new truck platform that will enter into new markets in Southeast Asia. Series production is expected to begin in 2016 at the customer's plant in Thailand. In addition, under the extension of an existing long-term agreement, WABCO's factory in Rayong will continue through 2021 to equip the customer's standardized medium- and heavy-duty truck platform, which is manufactured at its plants in Thailand, India and China.

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