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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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February 2, 2016
11:01 EDTWBCWABCO acquires MICO Incorporated
WABCO announced that it has acquired MICO Incorporated, a global market leader in hydraulic components, controls and brake systems for heavy-duty, off-highway vehicles in agriculture, construction, mining and similar industries. MICO generated revenues of approximately $52M in 2015 and is headquartered in North Mankato, Minnesota.
January 25, 2016
08:07 EDTWBCCummins downgraded to Neutral from Buy at Citi
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