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Stock Market & Financial Investment News

News Breaks
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.
News For WBC From The Last 14 Days
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April 27, 2015
08:03 EDTWBCWABCO weakness creates buying opportunity, says RBC Capital
After WABCO's stock fell more than 5%, RBC Capital thinks the company has significant global opportunities, while tis execution is strong. The firm keeps an Outperform rating on the shares.
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.

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