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Stock Market & Financial Investment News

News Breaks
April 25, 2014
06:40 EDTWBCWABCO reports Q1 EPS $1.28, consensus $1.26
Reports Q1 revenue $729.5M, consensus $688.04M. Jacques Esculier, WABCO chairman and CEO."In Q1, even though levels of truck and bus production in different regions around the world remained uncertain and volatile, we further increased WABCO content per vehicle and grew market share, generating nearly 10% of market outperformance globally. In Q1, WABCO set a new quarterly record for global aftermarket sales, even excluding consolidated results from Transics International, a leading provider of fleet management solutions in Europe that we acquired in mid-February 2014."
News For WBC From The Last 14 Days
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May 14, 2015
10:00 EDTWBCOn The Fly: Analyst Downgrade Summary
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07:06 EDTWBCWABCO downgraded on valuation at Stifel
As noted earlier, Stifel downgraded WABCO to Hold from Buy. The firm downgraded the shares based on valuation but continues to view the stock as a core long-term holding.
06:47 EDTWBCWABCO downgraded to Hold from Buy at Stifel
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