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News Breaks
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.
News For WBC From The Last 14 Days
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April 24, 2015
10:00 EDTWBCOn The Fly: Analyst Downgrade Summary
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06:35 EDTWBCWABCO downgraded to Neutral from Buy at Longbow
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April 23, 2015
09:18 EDTWBCOn The Fly: Pre-market Movers
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07:06 EDTWBCWABCO lowers FY15 performance EPS view to $5.60-$6.00 from $5.80-$6.30
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07:04 EDTWBCWABCO reports Q1 EPS $1.41, consensus $1.43
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April 22, 2015
15:50 EDTWBCNotable companies reporting before tomorrow's open
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08:38 EDTWBCWABCO price target raised to $155 from $129 at Baird
Baird raised its price target on WABCO to $155 from $129 ahead of the company's Q1 results. The firm expects strong order uptake to raise the European outlook, strong upside to secular growth, and strong earnings momentum. Baird reiterated its Outperform rating on WABCO shares.
April 16, 2015
07:19 EDTWBCWABCO reports $1.1B in new business from 2Q14-1Q15
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