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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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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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