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Stock Market & Financial Investment News

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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September 26, 2014
10:01 EDTWBCOn The Fly: Analyst Upgrade Summary
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08:59 EDTWBCWABCO pullback brings buying opportunity, says FBR Capital
FBR Capital views the recent pullback in shares of WABCO as a "very attractive" buying opportunity. The firm says industry trailer data had another strong month in August. FBR has an Outperform rating on the name with a $17 price target.
06:03 EDTWBCWABCO upgraded to Buy from Hold at Stifel
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September 23, 2014
07:07 EDTWBCWABCO backs FY14 EPS view of $5.45-$5.75, consensus $5.62
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06:29 EDTWBCWABCO expects to convert 80%-90% of net income into free cash flow
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06:28 EDTWBCWABCO sees FY14 EPS $5.45-$5.75, consensus $5.62
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September 22, 2014
07:07 EDTWBCRW Baird is an aggressive buyer of WABCO on the pullback
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