Westinghouse Air Brake Technologies Corp (N:WAB)

Business Focus: Locomotive Engines & Rolling Stock

Apr 24, 2024 06:30 am ET
Wabtec Delivers First Quarter 2024 Results; Raises Full-Year Guidance
Wabtec Corporation (NYSE: WAB) today reported first quarter 2024 GAAP earnings per diluted share of $1.53, up 64.5% versus the first quarter of 2023. Adjusted earnings per diluted share were $1.89, up 47.7% versus the same quarter a year ago. First quarter sales were $2.50 billion and cash from operations was $334 million.
Apr 17, 2024 04:00 pm ET
Wabtec Secures Systems and Software Deal with ARTC to Support the Interoperability of Australia’s National Rail Network
Wabtec Corporation (NYSE: WAB) announced today a digital solutions agreement with Australian Rail Track Corporation (ARTC). The two companies will collaborate on developing one of the few approaches being considered to address interoperability of rail systems in Australia.
Mar 27, 2024 08:00 am ET
Wabtec Announces First Quarter 2024 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2024 first quarter results before the U.S. financial markets open on April 24, 2024. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Mar 11, 2024 01:00 pm ET
Wabtec Appoints Kyra Yates as Vice President of Investor Relations
Wabtec Corporation (NYSE: WAB) announced today the appointment of Kyra Yates as Vice President of Investor Relations effective March 18, 2023. In this role, Yates will be responsible for communicating Wabtec’s vision, strategy, financial performance, and future expectations to our shareholders and the financial community. She will succeed Kristine Kubacki, who has held the role since 2019.
Feb 27, 2024 07:00 am ET
Wabtec Launches the Next-Generation Railcar Mover – the Commander NXT
Wabtec (NYSE: WAB) launched today its Shuttlewagon Commander NXT, the next generation of railcar movers. The NXT series will provide the railcar moving industry improved performance, reliability, and efficiency.
Feb 26, 2024 05:33 pm ET
Wabtec Announces Pricing of Senior Notes Offering
Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced that it has priced a public offering of $500 million aggregate principal amount of 5.611% Senior Notes due 2034 (the “Notes”). The Notes will be guaranteed by each of Wabtec’s current and future subsidiaries that guarantee its indebtedness under its credit agreements or any other debt of Wabtec or any other guarantor.
Feb 21, 2024 03:13 pm ET
MRS Orders 30 Wabtec Evolution Series Locomotives
MRS Logística (MRSA-MB) and Wabtec Corporation (NYSE: WAB) announced an agreement for 30 new Evolution Series locomotives. The deal is valued at around R$500 million with the first deliveries scheduled for 2024. The purchase is part of MRS’s railway fleet renewal strategy and reinforces the almost 30-year relationship between the two companies.
Feb 14, 2024 06:30 am ET
Wabtec Reports Strong Fourth Quarter 2023 Results; Issues 2024 Full-Year Guidance
Wabtec Corporation (NYSE: WAB) today reported fourth quarter 2023 GAAP earnings per diluted share of $1.20, up 39.5% versus the fourth quarter of 2022. Adjusted earnings per diluted share were $1.54, up 18.5% versus the same quarter a year ago. Fourth quarter sales were $2.53 billion and cash from operations was $686 million. Full year 2023 GAAP
Feb 13, 2024 07:00 am ET
Wabtec and CSX Extend Deal to Modernize over 200 Locomotives
Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services. The agreement will transform the remaining AC4400 locomotives in CSX’s fleet providing improved fuel efficiency, reliability, utilization, and tractive effort.
Feb 12, 2024 07:00 am ET
Wabtec Wins Major Door and HVAC Contract for Norske Tog’s New Train Fleet
Wabtec Corporation (NYSE: WAB) won a major order to supply sustainable heating, ventilation, and air-conditioning (HVAC) units and efficient door systems for Norway-based Norske Tog’s new regional trains. The new doors and Green Air HVAC systems provide the customer with improved cost savings, efficiency, sustainability, and an enhanced passenger experience.
Jan 17, 2024 07:00 am ET
Wabtec’s Trip OptimizerTM Surpasses 1 Billion Miles Significantly Reducing the Rail Industry’s Fuel Consumption and Emissions
Wabtec’s (NYSE: WAB) Trip Optimizer surpassed a major milestone as railroads used the energy-management software to efficiently operate their trains for more than 1 billion auto miles, the equivalent of more than 40,000 trips around the Earth. The 12,000 locomotives worldwide using the Trip Optimizer system accounted for significant reductions in fuel consumption and emissions for the rail industry.
Jan 10, 2024 07:00 am ET
Wabtec Announces Fourth Quarter 2023 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2023 fourth quarter results before the U.S. financial markets open on February 14, 2024. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Dec 14, 2023 07:00 am ET
Wabtec Announces Railcar Telematics Platform
Wabtec (NYSE: WAB) announced today its entrance into the railcar telematics market via an agreement with Intermodal Telematics B.V. (“IMT”), a Dutch company, under which Wabtec will create a railcar telematics platform using IMT technology. Wabtec’s new railcar telematics platform will deliver real-time information to railcar and tank container owners and operators, allowing them to turn rail cargo into smart, connected assets.
Dec 04, 2023 07:00 am ET
Wabtec Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index
Wabtec (NYSE: WAB) announced today that it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The recognition comes as Wabtec makes significant year-over-year progress on all diversity, equity, and inclusion targets.
Nov 06, 2023 07:00 am ET
Wabtec’s 2023 Sustainability Report Highlights Progress on Key Initiatives
Wabtec Corporation (NYSE: WAB) released today its 2023 Sustainability Report highlighting the company’s vision and progress on key environmental, social, and governance (ESG) commitments. The company’s strategy is to contribute to a better, more sustainable world through its unique business offerings, leading technologies, and sustainable busine
Oct 31, 2023 01:30 pm ET
Wabtec and Roy Hill Unveil the First FLXdrive Battery Locomotive
Wabtec and its launch customer, Roy Hill, a leading iron ore miner majority owned by Australia’s most successful private company, Hancock Prospecting, celebrated the debut of the FLXdrive battery locomotive, the world’s first 100% battery-powered, heavy-haul locomotive for mainline service. The ceremony unveiled the unique, striking pink-colored locomotive at Wabtec’s design and development center in Pennsylvania in front of employees, customer executives, and government and community officials.
Oct 25, 2023 06:30 am ET
Wabtec Delivers Strong Third Quarter 2023 Results; Raises Full-Year Guidance
Wabtec Corporation (NYSE: WAB) today reported third quarter 2023 GAAP earnings per diluted share of $1.33, up 51.1% versus the third quarter of 2022. Adjusted earnings per diluted share were $1.70, up 39.3% versus the same quarter a year ago. Third quarter sales were $2.55 billion, up 22.5% versus the third quarter a year ago, driven by strong s
Oct 23, 2023 07:00 am ET
Wabtec to Provide Brakes and Couplers for 640 New York City Metro System Train Cars
Wabtec Corporation (NYSE: WAB) will provide brakes and couplers for 640 MTA New York City Transit (NYCT) train cars via its client Kawasaki Rail Car, Inc. The multi-million-dollar order for service-proven equipment provides seamless interoperability with other subway fleets in the New York City Transit System (NYCTS). The commonality of brake control components across the fleets benefits the transit authority with maintainability and inventory advantages.
Oct 20, 2023 04:30 pm ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 17 cents per share, payable on November 29, 2023 to holders of record on November 15, 2023.
Sep 27, 2023 07:00 am ET
Wabtec Announces Third Quarter 2023 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2023 third quarter results before the U.S. financial markets open on October 25, 2023. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Sep 11, 2023 07:00 am ET
Wabtec Comment on Progress Rail Complaint
Wabtec Corporation today released the following statement about the purported antitrust complaint filed last week by Progress Rail, a Caterpillar Inc. company:
Jul 27, 2023 06:30 am ET
Wabtec Delivers Strong Second Quarter 2023 Results; Raises Full-Year Guidance
Wabtec Corporation (NYSE: WAB) today reported second quarter 2023 GAAP earnings per diluted share of $1.06, up 16.5% versus the second quarter of 2022. Adjusted earnings per diluted share were $1.41, up 14.6% versus the same quarter a year ago. Second quarter sales were $2.41 billion, up 17.5% versus the second quarter a year ago, driven by strong
Jul 26, 2023 11:15 am ET
CN to Modernize 60 Additional Locomotives with Wabtec
CN (TSX: CNR) (NYSE: CNI) and Wabtec Corporation (NYSE: WAB) announced an order to enhance an additional 60 locomotives in CN’s existing fleet through Wabtec’s modernization program. The investment supports CN’s commitment to drive growth in a...
Jul 24, 2023 07:00 am ET
Wabtec Digital Mine Secures Deals with Global Mining Companies for 3,500 Gen 3 Collision Avoidance Systems
Wabtec (NYSE: WAB) Digital Mine, a leading provider of innovative mining solutions, announced the company received a series of orders for 3,500 of its new Generation 3 Collision Avoidance System (Gen 3 CAS) from three major global mining companies. The capabilities of the new system will drive performance and safety improvements at the customers’ mining operations.
Jul 20, 2023 04:30 pm ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 17 cents per share, payable on August 28, 2023, to holders of record on August 14, 2023.
Jul 13, 2023 09:00 am ET
Vale partners with Wabtec on alternative fuels study and orders three FLXdrive battery electric locomotives
Vale announced a partnership with Wabtec Corporation (NYSE: WAB) to advance the decarbonization of the company's rail operations. The deal includes an order for three of Wabtec’s FLXdrive battery locomotives and a collaboration to test ammonia as a potential clean, alternative fuel to replace diesel.
Jul 06, 2023 05:00 am ET
Wabtec Wins Significant Component Order for Major German-Austrian Transit Consortium Project
Wabtec Corporation (NYSE: WAB) won a prestigious contract to supply passenger information systems (PIS) and pantographs for up to 504 Stadler cars as part of the VDV Tram-Train project. The order will enhance the passenger experience and power the new train cars for the transit consortium led jointly by six transportation companies from Germany and Austria.
Jun 29, 2023 09:15 pm ET
CBH Acquires Narrow-Gauge Locomotives From Wabtec
The CBH Group (CBH) has entered into an agreement with Wabtec Corporation (NYSE: WAB) to acquire 17 narrow-gauge locomotives, marking a significant investment in expanding the co-operative’s rail fleet as part of the ‘Path to 2033 Strategy’.
Jun 28, 2023 08:00 am ET
Wabtec Announces Second Quarter 2023 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2023 second quarter results before the U.S. financial markets open on July 27, 2023. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Jun 27, 2023 07:00 am ET
Wabtec’s Certified Pre-Owned Program Wins Its Largest Order for 69 Locomotives from Six Genesee & Wyoming Railroads
Wabtec Corporation (NYSE: WAB) announced today its largest certified pre-owned locomotive order from six Genesee & Wyoming Inc. (G&W) subsidiaries – Buffalo & Pittsburgh Railroad; Chicago, Ft. Wayne & Eastern Railroad; Connecticut Southern Railroad; Indiana & Ohio Railway; New England Central Railroad and Providence and Worcester Railroad. The order of 69 locomotives builds upon Wabtec’s certified pre-owned program and enables G&W to further enhance its fleet of locomotives.
Jun 16, 2023 08:00 am ET
Wabtec Acquires L&M Radiator, Inc.
Wabtec Corporation (NYSE: WAB) announced today it has acquired L&M Radiator, Inc., a leading manufacturer of heavy-duty equipment radiators and heat exchangers.
May 17, 2023 04:30 pm ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 17 cents per share, payable on June 9, 2023 to holders of record on May 30, 2023.
Apr 26, 2023 06:30 am ET
Wabtec Reports Strong First Quarter 2023 Results
Wabtec Corporation (NYSE: WAB) today reported first quarter 2023 GAAP earnings per diluted share of $0.93, up 16.3% versus the first quarter of 2022. Adjusted earnings per diluted share were $1.28, up 13.3% versus the same quarter a year ago. First quarter sales were $2.19 billion driven by strong sales across the portfolio.
Apr 06, 2023 04:30 pm ET
Wabtec Announces First Quarter 2023 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2023 first quarter results before the U.S. financial markets open on April 26, 2023. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Feb 27, 2023 07:00 am ET
Wabtec Announces Senior Leadership Moves in Support of Continued Growth
Wabtec Corporation (NYSE: WAB) announced today leadership moves aimed at accelerating the long-term growth strategy in the Services and Transit businesses, as well as the company’s overall sustainability, and business development initiatives.
Feb 21, 2023 07:00 am ET
Wabtec’s 2022 Sustainability Report Highlights Progress on Key Initiatives
Wabtec Corporation (NYSE: WAB) released today its 2022 Sustainability Report highlighting the company’s progress on key environmental, social, and governance (ESG) commitments. The company is focused on creating a sustainable future through innovative technologies, responsible operations, and empowering people and communities.
Feb 15, 2023 06:30 am ET
Wabtec Reports Strong Fourth Quarter 2022 Results
Wabtec Corporation (NYSE: WAB) today reported fourth quarter 2022 GAAP earnings per diluted share of $0.86, down 15.7% versus the fourth quarter of 2021. Adjusted earnings per diluted share were $1.30, up 10.2% versus the same quarter a year ago. Fourth quarter sales were $2.31 billion and cash from operations was $410 million.
Jan 11, 2023 08:00 am ET
Wabtec Announces Fourth Quarter 2022 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2022 fourth quarter results before the U.S. financial markets open on February 15, 2023. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Dec 06, 2022 07:00 am ET
Wabtec’s Innovative Adaptive Wheel Slide Protection Solution Gains Certification
Wabtec Corporation’s (NYSE: WAB) DistanceMaster solution took a major step toward improving braking performance for transit rail operators with the certification of the company’s adaptive wheel slide protection (WSP) technology. The solution addresses the wheel and rail adhesion bottleneck enabling transit systems to improve efficiency and increase network capacity.
Nov 17, 2022 07:00 am ET
Wabtec Acquires Super Metal to Grow Its Railway Maintenance Portfolio
Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today a definitive agreement to acquire Super Metal, a supplier of automated vehicles and equipment solutions that support rail operations. Super Metal is one of the leading Brazilian companies in the maintenance of way segment in the rail industry. This acquisition complements our Nordco acquisition and accelerates our strategy to expand into international markets. The financial terms of the acquisition were not disclosed.
Nov 16, 2022 08:00 am ET
Wabtec Donates $25,000 to Support Florida Hurricane Relief Efforts
The Wabtec Foundation, the philanthropic arm of Wabtec Corporation (NYSE: WAB), today announced a donation of $25,000 to support local relief efforts in Florida following Hurricanes Ian and Nicole. The donation is being made to the Red Cross.
Nov 01, 2022 06:30 am ET
Wabtec Reports Strong Third Quarter 2022 Results
Wabtec Corporation (NYSE: WAB) today reported third quarter 2022 GAAP earnings per diluted share of $0.88, up 27.5% versus the third quarter of 2021. Adjusted earnings per diluted share were $1.22, up 7.0% versus the same quarter a year ago. Third quarter sales were $2.08 billion, and cash from operations was $204 million.
Oct 21, 2022 04:00 pm ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on November 28, 2022 to holders of record on November 14, 2022.
Oct 18, 2022 07:00 am ET
Wabtec to Highlight Electrification and Sustainable Mining Operations at Bauma 2022
Wabtec Corporation (NYSE: WAB) announced today it will highlight its portfolio of integrated mining systems at Bauma, the world's leading trade show for construction machinery, building material machines, mining machines, construction vehicles and equipment, held in Munich, Germany, from October 24-30. The company will showcase how its solutions are advancing electrification and sustainability for the mining industry.
Oct 13, 2022 07:00 am ET
Wabtec partners with Akiem on service contract to maximize locomotive availability in France and Germany
Wabtec Corporation (NYSE: WAB) signed a services contract with Akiem, a leading European rolling stock leasing company, to provide maintenance of critical equipment for locomotive fleets in Europe. The deal will improve safety, reliability, and availability of rolling stock for Akiem’s customers.
Oct 07, 2022 07:00 am ET
Wabtec Announces Third Quarter 2022 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2022 third quarter results before the U.S. financial markets open on November 1, 2022. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Sep 20, 2022 06:30 am ET
Wabtec and Kazakhstan Temir Zholy Sign $600 Million Memorandum of Understanding for FLXdriveTM Battery-Electric Shunters and NextFuelTM Liquid Natural Gas-Powered Locomotives
Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdriveTM battery-electric shunters and modernization work to transform the mainline fleet into NextFuelTM liquid natural gas-powered (LNG) locomotives. The investment marks the largest sustainable technology agreement by the CIS railroad, and will further revolutionize KTZ’s mainline and yard operations, while significantly reducing greenhouse gas emissions and operating costs.
Sep 15, 2022 07:00 am ET
Wabtec Wins Order to Supply Panama’s Metrolink System with Leading-Edge Platform Screen Doors
Wabtec Corporation (NYSE: WAB) won an order to supply 300 half-height platform screen doors across Metro de Panama’s L3 monorail stations being built by Hitachi Rail, as part of the Grupo de Empresas Sunrise Monorail. It marks Wabtec’s first project in Central America.
Aug 17, 2022 08:30 am ET
Wabtec Announces Expanded Credit Facility
Wabtec Corporation (NYSE: WAB) announced today that it signed an amended and restated credit agreement that will increase the size of its existing revolving credit facility from $1.2 billion to $1.5 billion and added a $250 million delayed draw term loan facility. The facility, previously due to expire in June 2023, now has a maturity date of Au
Aug 09, 2022 07:00 am ET
Wabtec Opens First European Transit Performance Optimization Center in Derby, UK
Wabtec Corporation (NYSE: WAB) celebrated the grand opening of its first Transit Performance Optimization Center (TPOC) for Europe. The new center, located in Derby UK, was created to help transit sector customers improve operational performance and reduce service costs and lost productivity through real-time monitoring and analytics.
Aug 05, 2022 06:30 am ET
Wabtec Reports Strong 2nd Quarter 2022 Results
Wabtec Corporation (NYSE: WAB) today reported second quarter 2022 GAAP earnings per diluted share of $0.91, up 37.9% versus the second quarter of 2021. Adjusted earnings per diluted share were $1.23, up 16.0% versus the same quarter a year ago. Second quarter sales were $2.05 billion and cash from operations was $263 million.
Jul 27, 2022 07:00 am ET
Union Pacific Signs Largest Locomotive Modernization Deal in Rail Industry History with Wabtec
Fuel-efficient upgrades will cut 350 tons of carbon per locomotive annuallyModernization program will recycle 70,000 tons of steel – equivalent to 51,000 passenger carsInvestment puts UP on path to net zero greenhouse gas emissions by 2050OMAHA, Neb. and PITTSBURGH, July 27, 2022 /PRNewswire/ -- Union Pacific (NYSE: UNP) signed a historic deal with Wabtec Corporation (NYSE: WAB) for 600 locomotive modernizations featuring a suite of digital solutions and innovations. The agreement, worth more than $1 billion, is the largest investment in modernized locomotives in rail industry history, and p
Jul 22, 2022 07:00 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on August 29, 2022 to holders of record on August 15, 2022.
Jul 20, 2022 07:00 am ET
Wabtec to Improve Metropolitan Atlanta Rapid Transit Authority Passenger Comfort with new HVAC Systems
Wabtec Corporation (NYSE: WAB) announced today a contract to supply heating, ventilation, and air conditioning (HVAC) units for 56 new Stadler trains that will be operated by the Metropolitan Atlanta Rapid Transit Authority (MARTA). The state-of-the-art systems will provide passengers with a comfortable commute, especially during the hot and humid Atlanta summers.
Jul 12, 2022 07:00 am ET
Wabtec Announces Second Quarter 2022 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2022 second quarter results before the U.S. financial markets open on August 5, 2022. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Jul 01, 2022 07:00 am ET
Wabtec Appoints Beverley Babcock to Board of Directors
Wabtec Corporation (NYSE: WAB) announced the appointment of Beverley Babcock to its Board of Directors, effective today.
Jun 16, 2022 07:30 am ET
Wabtec Acquires Collins Aerospace’s ARINC Rail Solutions Business to Extend Rail Optimization Portfolio
Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, has acquired Collins Aerospace’s ARINC rail solutions business segment, a provider of intelligence-based rail dispatch and back-office solutions. The financial terms of the acquisition were not disclosed.
Jun 15, 2022 11:56 am ET
L.B. Foster Announces the Appointment of Raymond T. Betler as Chairman of the Board of Directors
L.B. Foster Company (NASDAQ: FSTR), a leading manufacturer and distributor of products and provider of services for transportation and energy infrastructure, announced today that Raymond T. Betler has been appointed as the Chairman of the Company’s...
Jun 06, 2022 07:00 am ET
Wabtec Advances Rail Network Optimization for CN with the Launch of its Precision Dispatch System
Wabtec (NYSE: WAB) launched its new Precision Dispatch System today with an order from CN (TSX: CNR) (NYSE: CNI). The Precision Dispatch deal marks a major step toward network automation for CN and the entire rail industry.
May 31, 2022 07:00 am ET
Wabtec Board Members, Lee Foster and Michael Howell, Announce Retirements
Wabtec Corporation’s (NYSE: WAB) Board of Directors today announced the retirement of Directors Lee Foster and Michael Howell upon reaching the Board’s retirement age. The retirements were effective May 18, 2022.
May 11, 2022 07:00 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on May 27, 2022 to holders of record on May 20, 2022.
Apr 27, 2022 06:30 am ET
Wabtec Reports Strong 1st Quarter 2022 Results
“The Wabtec team made solid progress in the quarter against our long-term strategy by delivering profitable growth and continued margin expansion across our Freight and Transit segments” said Rafael Santana, Wabtec’s President and CEO. “The resiliency of the business and the focus of the team was evident in the strong first quarter financial results despite rising costs, continuing supply disruptions, and the impact on our business due to the conflict in Ukraine.
Apr 20, 2022 07:00 am ET
Wabtec to Acquire Trimble’s Beena Vision Business to Extend its Digital Rail Inspection Portfolio
Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced today the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The acquisition is subject to customary closing conditions and financial terms were not disclosed.
Apr 11, 2022 08:00 am ET
Wabtec’s Fort Worth Plant Celebrates its 5,000th Mining Wheel Delivery
Wabtec (NYSE: WAB) celebrated the 5,000th mining drive system wheel built at its plant in Fort Worth, TX. The milestone highlights the commercial success of the mining wheel for heavy-haul mining trucks, which set the standard for reliable and fuel-efficient performance in the mining industry.
Apr 06, 2022 06:30 am ET
Wabtec Announces First Quarter 2022 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2022 first quarter results before the U.S. financial markets open on April 27, 2022. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Mar 23, 2022 08:00 am ET
Wabtec to Modernize 330 Norfolk Southern Locomotives
Wabtec Corporation (NYSE: WAB) announced today an additional multi-year order from Norfolk Southern (NYSE: NSC) to modernize 330 locomotives as part of its continued partnership. This deal is part of Norfolk Southern’s ongoing efforts to further improve fuel efficiency and reduce emissions from its fleet. With each modernized locomotive, Norfolk Southern’s carbon emissions are reduced by more than 500 tons per year. The deal marks the third major modernization order from the railroad since 2015, making it the largest modernized fleet in North America, with more than 950 locomotives upon comple
Mar 09, 2022 03:25 pm ET
Wabtec and BNSF Railway Biofuels Pilot to Advance Sustainability
Wabtec (NYSE: WAB) and BNSF Railway are partnering to advance sustainability in the rail industry with a new biofuel project aimed at quantifying the impact of alternative fuels on emissions, durability, and performance in Wabtec locomotives.
Mar 09, 2022 06:30 am ET
Wabtec Hosts 2022 Investor Day, Outlines Strategy for Long-Term Growth and Value Creation
Wabtec Corporation (NYSE: WAB) is hosting its virtual 2022 Investor Day meeting today, beginning at 8 a.m. ET. During the event, Wabtec leadership will provide updates on the industry and the company’s five-year outlook, including its long-term growth strategy, margin expansion drivers, and capital allocation plans. Wabtec’s Investor Day meeting
Mar 08, 2022 01:00 pm ET
Wabtec and Union Pacific Railroad Partner to Reduce Emissions with Higher Biodiesel Blends
OMAHA, Neb. and PITTSBURGH, Pa., March 8, 2022 /PRNewswire/ -- Union Pacific Railroad (NYSE: UNP) will begin using a higher biodiesel blend in locomotives it acquired from Wabtec (NYSE: WAB). The new collaboration helps Union Pacific as it works to increase the percentage of low-carbon fuels consumed to 10% of its total diesel consumption by 2025 and 20% by 2030.
Mar 08, 2022 08:00 am ET
Wabtec Donates $100,000 to Support Ukraine Refugee Relief Efforts
The Wabtec Foundation, the philanthropic arm of Wabtec Corporation (NYSE: WAB), today announced a donation of $100,000 to support Ukrainian refugee relief efforts. The donation will be split equally between the International Rescue Committee (IRC) and World Central Kitchen, which are in the region helping the growing number of civilians leaving Ukraine.
Feb 16, 2022 06:30 am ET
Wabtec Reports Strong 4th Quarter 2021 Results
Wabtec Corporation (NYSE: WAB) today reported fourth quarter 2021 GAAP earnings per diluted share of $1.02, up 121.7% versus the fourth quarter of 2020. Adjusted earnings per diluted share were $1.18, up 20.4% versus the same quarter a year ago. Fourth quarter sales were $2.07 billion and cash from operations was $314 million. Full year 2021 ear
Jan 28, 2022 01:30 pm ET
Union Pacific Railroad to Assemble World's Largest Carrier-Owned Battery-Electric Locomotive Fleet
OMAHA, Neb., Jan. 28, 2022 /PRNewswire/ -- Union Pacific Railroad (NYSE: UNP) today announced plans to purchase 20 battery-electric locomotives for testing in yard operations. The combined purchases and upgrades to yard infrastructure are expected to exceed $100 million, representing the largest investment in battery-electric technology by a U.S. Class I railroad. The locomotives will be acquired from Progress Rail, a Caterpillar company, and Wabtec Corporation (NYSE:WAB), two companies at the forefront of locomotive innovation, and will be the world's largest carrier-owned battery-electric
Jan 28, 2022 01:00 pm ET
Union Pacific Railroad Makes Largest Investment in Wabtec's FLXdrive Battery-Electric Locomotive
OMAHA, Neb., Jan. 28, 2022 /PRNewswire/ -- Union Pacific Railroad (NYSE: UNP) today announced the purchase of 10 FLXdrive battery-electric locomotives from Wabtec Corporation (NYSE: WAB). The order, which marks the largest investment in battery technology by a North American railroad, will upgrade Union Pacific's rail yard infrastructure and support its commitment to significantly reduce greenhouse gas emissions.
Jan 16, 2022 12:00 pm ET
BHP Group Orders Wabtec’s FLXdrive Battery Locomotives
Wabtec Corporation (NYSE: WAB) announced an order from BHP Western Australia Iron Ore (WAIO) for two FLXdrive battery locomotives. The deal builds momentum in the market for the world’s first 100-percent, battery-powered locomotive and supports the Australia-based natural resource company’s plan to decarbonize its rail network.
Jan 13, 2022 07:30 am ET
Wabtec Announces Fourth Quarter 2021 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2021 fourth quarter results before the U.S. financial markets open on February 16, 2022. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Jan 10, 2022 05:42 pm ET
Rio Tinto Orders Wabtec FLXdrive Battery Locomotives to Reduce Emissions
Wabtec Corporation (NYSE: WAB) and Rio Tinto announced today an order for four FLXdrive battery-electric locomotives to support sustainable operations of the mining company’s rail network in the Pilbara region of Western Australia. The 100-percent, battery-powered locomotive will help Rio Tinto’s effort to achieve a 50-percent reduction in Scope 1 and 2 carbon emissions by 2030.
Jan 04, 2022 05:00 am ET
Wabtec Acquires MASU’s Railway Friction Business
Wabtec Corporation (NYSE: WAB) today announced it recently acquired the railway friction business from MASU, a leading manufacturer of friction products across the automotive and rail industry. The acquisition, which has received necessary regulatory approvals and is subject to customary closing conditions, will expand Wabtec’s installed base and accelerate growth across its brake product portfolio.
Dec 15, 2021 04:30 am ET
Wabtec Wins TISS-Leapvault Award for Best Skill Development Program
Wabtec Corporation (NYSE: WAB), a leading technology supplier for the freight and transit rail industries, announced today its locomotive plant in Marhowrah, Bihar was recognized for the Best Skill Development Program at the Tata Institute of Social Science (TISS)-Leapvault CLO Awards India. The award honors the investment Wabtec made in its employees through learning and skill development initiatives.
Nov 18, 2021 02:00 am ET
Wabtec India Technology & Engineering Center Recognized as Great Place to Work®
Wabtec Corporation (NYSE: WAB), a leading technology supplier for the freight and transit rail industries, announced today the Wabtec India Engineering and Technology Center (WITEC) based in Bengaluru and Hyderabad received Great Place to Work® certification. The endorsement recognizes Wabtec’s focus on building a great culture and remain an employer of choice in rail technologies.
Nov 15, 2021 07:35 am ET
Wabtec Publishes 2021 Sustainability Report and Highlights Progress Toward Key Environmental, Social and Governance Initiatives
Wabtec Corporation (NYSE: WAB) released today its 2021 Sustainability Report, which highlights the company’s accomplishments and commitments to building a more sustainable future by developing innovative technologies, driving responsible operations, and empowering people and communities around the globe.
Nov 08, 2021 09:27 am ET
Wabtec Wins Major Locomotive and Services Deal from Egyptian National Railways
Wabtec (NYSE: WAB) signed today contracts with Egyptian National Railways (ENR) to supply 100 ES30ACi Evolution Series Locomotives, as well as a multi-year service agreement to maintain the fleet. The agreement supports ENR’s continued modernization effort by providing the latest, fuel-efficient locomotives needed for the growing demands on Egypt’s rail infrastructure. The locomotive supply contract is funded by the European Bank for Reconstruction and Development.
Nov 04, 2021 08:30 am ET
CN Advances Sustainability Efforts With Wabtec’s Battery-Electric Locomotive
CN (TSX: CNR) (NYSE: CNI) is proud to announce its purchase of Wabtec’s FLXdrive battery-electric freight locomotive, the first 100-percent battery heavy-haul locomotive for the region in support of CN’s sustainability goals. This new technology is...
Nov 02, 2021 01:27 pm ET
Itus Digital & Wabtec Announce Strategic Partnership
ROANOKE, Va., Nov. 2, 2021 /PRNewswire/ -- Itus Digital and Wabtec today announced a partnership to deliver Asset Performance Management (APM) solutions to the mining industry.  The solution combines Itus's APM platform with Wabtec's mining equipment expertise and enables mining organizations to deliver predictable production, optimize maintenance activities and reduce operational risk.
Oct 27, 2021 06:30 am ET
Wabtec Reports Strong 3rd Quarter 2021 Results
Wabtec Corporation (NYSE: WAB) today reported third quarter 2021 earnings per diluted share of $0.69, up 3.0% versus the third quarter of 2020. Adjusted earnings per diluted share were $1.14, up 20.0% versus the same quarter a year ago. Total sales were $1.91 billion and cash from operations was strong at $244 million.
Oct 26, 2021 07:00 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on November 29, 2021 to holders of record on November 15, 2021.
Oct 21, 2021 01:00 pm ET
Wabtec Wins Equipment Contract to Modernize Chicago’s Metra Commuter Rail Service
Wabtec Corporation (NYSE: WAB) announced today an order to improve passenger experience, reliability, and safety for Metra, the commuter rail system in the Chicago metropolitan area serving the city of Chicago and its surrounding suburbs. The contract includes the latest brakes, passenger access doors, heating, ventilation, and air conditioning (HVAC), and event recorder solutions for 200 new rail cars.
Oct 05, 2021 07:00 am ET
Wabtec Announces Third Quarter 2021 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2021 third quarter results before the U.S. financial markets open on October 27, 2021. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Oct 05, 2021 02:00 am ET
Wabtec Secures €60m Order for Platform Gates to Support the Marseille NEOMMA Metro Automation Project
Wabtec Corporation (NYSE: WAB) is to supply platform gates to Marseille’s metro automation project. The deal, valued at €60m, is part of plans by France’s second city to upgrade and automate its local transport network.
Sep 13, 2021 07:00 pm ET
Roy Hill Sets New Course with Purchase of FLXdrive Battery Locomotive
Roy Hill announced the purchase of Wabtec’s (NYSE: WAB) FLXdrive battery-electric locomotive, the world’s first 100-percent battery, heavy-haul locomotive for the region and the mining industry.
Sep 10, 2021 12:00 pm ET
Wabtec Signs Memoranda of Understanding with Carnegie Mellon University and Genesee & Wyoming to Decarbonize Freight Rail and Improve Freight Rail Safety
Wabtec (NYSE: WAB) announced today that it has signed a memorandum of understanding (MOU) with Carnegie Mellon University, a top university in engineering, artificial intelligence, battery technology, autonomy and robotics, which formalizes their joint aim to create technologies that will decarbonize freight rail transport, improve freight safety, and generate greater rail network utilization. In addition, Wabtec announced an MOU with Genesee & Wyoming Inc. (G&W), the largest owner of short line and regional freight railroads, to pursue zero-emission battery and hydrogen freight strategies, as
Aug 11, 2021 08:05 am ET
Wabtec Appoints John Olin to Executive Vice President and Chief Financial Officer
Wabtec Corporation (NYSE: WAB) today announced John Olin will be named Executive Vice President and Chief Financial Officer of the company, effective October 1, 2021. Olin will succeed Pat Dugan, who is leaving the company in the fourth quarter.
Aug 06, 2021 01:30 pm ET
Wabtec Celebrates the 1,000th Modernized Locomotive in the Americas
Wabtec (NYSE: WAB) celebrated today its 1,000th locomotive modernization in North and South America. The milestone delivery to Norfolk Southern highlights the commercial and environmental success of Wabtec’s modernization program.
Jul 29, 2021 06:30 am ET
Wabtec Reports 2nd Quarter 2021 Results; Updates 2021 Guidance
Wabtec Corporation (NYSE: WAB) today reported second quarter 2021 earnings per diluted share of $0.66 and adjusted earnings per diluted share of $1.06, versus earnings per diluted share of $0.46 and adjusted earnings per diluted share of $0.87 a year ago. Total sales were $2.0 billion and cash from operations was strong at $223 million.
Jul 22, 2021 08:30 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on August 27, 2021 to holders of record on August 13, 2021.
Jul 08, 2021 08:00 am ET
Wabtec Appoints Byron Foster to Board of Directors
Wabtec Corporation (NYSE: WAB) announced today the appointment of Byron Foster to its Board of Directors, effective immediately.
Jul 07, 2021 07:30 am ET
Wabtec Announces Second Quarter 2021 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2021 second quarter results before the U.S. financial markets open on July 29, 2021. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Jun 24, 2021 08:00 am ET
CSX and Wabtec Partner to Drive Sustainable Transportation Solutions
CSX Corporation (NASDAQ: CSX) and Wabtec (NYSE: WAB) are partnering to accelerate sustainable rail by modernizing locomotives across CSX’s fleet and implementing advanced digital technologies to deliver significant fuel efficiency and emissions reductions for CSX’s rail operations. The partnership will help CSX in their commitment to reduce greenhouse gas emissions intensity by 37 percent by 2030.
Jun 17, 2021 03:00 am ET
Wabtec Reduces Emissions at Port of Kiel in Germany with Shore Power Solutions
Wabtec Corporation (NYSE: WAB) and the Port of Kiel celebrated the installation of a sustainable shore power solution to support cruise operators. ShoreCONNECT has potential to reduce nearly all emissions from cruise ships by providing shore power, while berthing at the port.
Jun 15, 2021 09:00 am ET
Wabtec and GM to Develop Advanced Ultium Battery and HYDROTEC Hydrogen Fuel Cell Solutions for Rail Industry
Wabtec Corporation (NYSE: WAB) and General Motors (NYSE: GM) today announced they will collaborate to develop and commercialize GM’s Ultium battery technology and HYDROTEC hydrogen fuel cell systems for Wabtec locomotives.
Jun 15, 2021 09:00 am ET
Wabtec and GM to Develop Advanced Ultium Battery and HYDROTEC Hydrogen Fuel Cell Solutions for Rail Industry
PITTSBURGH, June 15, 2021 /PRNewswire/ -- Wabtec Corporation (NYSE: WAB) and General Motors (NYSE: GM) today announced they will collaborate to develop and commercialize GM's Ultium battery technology and HYDROTEC hydrogen fuel cell systems for Wabtec locomotives.
Jun 08, 2021 12:30 pm ET
Wabtec Begins Operations at Neighborhood 91 Additive Hub
Wabtec Corporation (NYSE: WAB) celebrated today the start of operations at Neighborhood 91, the additive manufacturing production campus at Pittsburgh International Airport’s Innovation Campus. The new 11,000-sq-ft facility builds upon Wabtec’s...
May 28, 2021 05:00 pm ET
Wabtec Announces Pricing of €500 Million Senior Notes Offering
Wabtec Corporation (NYSE:WAB) (“Wabtec”) and Wabtec Transportation Netherlands B.V. (the “Issuer”), a wholly owned subsidiary of Wabtec, have announced the pricing of the Issuer’s public offering of €500 million aggregate principal amount of 1.250% Senior Notes due 2027 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Wabtec.
May 17, 2021 07:00 am ET
Wabtec’s All-Battery Locomotive, FLXdrive, Lowers Freight Train’s Fuel Consumption by More Than 11 Percent in California Pilot
Wabtec Corporation (NYSE: WAB) announced today a rail industry first as its FLXdrive battery-electric locomotive delivered more than an 11-percent average reduction in fuel consumption and greenhouse gas emissions for an entire train. It is the equivalent of over 6,200 gallons of diesel fuel saved and approximately 69 tons of CO2 emissions reduced.
Apr 29, 2021 06:30 am ET
Wabtec Reports First Quarter 2021 Results; Updates 2021 Guidance
Wabtec Corporation (NYSE: WAB) today reported first quarter 2021 earnings per diluted share of $0.59 and adjusted earnings per diluted share of $0.89, versus earnings per diluted share of $0.58 and adjusted earnings per diluted share of $0.97 a year ago. Total sales were $1.8 billion and cash from operations was strong at $292 million.
Apr 08, 2021 07:00 am ET
Wabtec Announces First Quarter 2021 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2021 first quarter results before the U.S. financial markets open on April 29, 2021. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
Mar 23, 2021 08:35 am ET
Wabtec to Acquire Nordco
Wabtec Corporation (NYSE: WAB) announced today it has signed a definitive agreement to acquire Nordco, a leading North American supplier of new, rebuilt and used maintenance of way equipment with a broad product and service portfolio including mobile railcar movers and ultrasonic rail flaw detection technologies, from Greenbriar Equity Group LP. Thr
Mar 22, 2021 05:00 am ET
Wabtec Wins a Significant Order for London Underground
Wabtec Corporation (NYSE: WAB) secured an order to supply Siemens Mobility with several products for the London Underground’s Piccadilly Upgrade Program. The deal, valued at more than $70 million, is for brakes, air conditioning and ventilation (HVAC), passenger information systems, and third-rail current collectors.
Mar 10, 2021 07:00 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on May 21, 2021 to holders of record on May 7, 2021.
Feb 18, 2021 06:30 am ET
Wabtec Reports Fourth Quarter and Full-Year 2020 Results; Issues 2021 Financial Guidance
Wabtec Corporation (NYSE: WAB) today reported fourth quarter and full year 2020 results and issued financial guidance.
Feb 17, 2021 06:30 am ET
Erwan Faiveley Will Not Seek Re-Election to Wabtec Board of Directors
Wabtec Corporation (NYSE: WAB) today announced that Erwan Faiveley has informed the company’s Board of Directors he does not intend to seek re-election at the company’s Annual Meeting in May 2021. Faiveley has served on the Wabtec Board since 2016.
Feb 04, 2021 09:00 am ET
Wabtec Debuts on Human Rights Campaign’s 2021 Corporate Equality Index
Wabtec Corporation (NYSE: WAB) debuted on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), the standard for measuring policies and practices that promote a LGBTQ-inclusive workplace. The addition to the CEI builds upon the company’s commitment to foster a culture of diversity, inclusion and belonging as outlined in its
Jan 15, 2021 08:00 am ET
Wabtec Announces Fourth Quarter 2020 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2020 fourth quarter results before the U.S. financial markets open on Feb. 18, 2021. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and
Jan 04, 2021 01:01 pm ET
BNSF and Wabtec Commence Battery-Electric Locomotive Pilot Test in California
BNSF Railway Company (BNSF) and Wabtec’s (NYSE: WAB) exploration of the future potential of battery-electric locomotives crosses another significant milestone this week as they begin testing the technology in revenue service between Barstow and Stockton, California. As BNSF seeks ways to further reduce its environmental impact, the advancement of battery technology offers some possible solutions.
Dec 14, 2020 08:00 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on February 26, 2021 to holders of record on February 12, 2021.
Dec 10, 2020 08:00 am ET
Wabtec Appoints Lee Banks to Board of Directors
Wabtec Corporation (NYSE: WAB) announced today the appointment of Lee Banks to its Board of Directors.
Nov 05, 2020 06:30 am ET
Wabtec Recommends Stockholders Reject Mini-Tender Offer From TRC Capital Investment Corporation
Wabtec Corporation (NYSE: WAB) has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corporation, a private Canadian investment company, to purchase up to two million shares of Wabtec’s common stock at a price of $59.25 per share in cash. TRC Capital’s offer price is approximately 4.53% lower than the $62.06 closing p
Oct 29, 2020 06:30 am ET
Wabtec Reports Third Quarter 2020 Results; Updates 2020 Guidance
Wabtec Corporation (NYSE: WAB) today reported third quarter 2020 earnings per diluted share of $0.67 and adjusted earnings per diluted share of $0.95, versus earnings per diluted share of $0.48 and adjusted earnings per diluted share of $1.10 a year ago. Wabtec also updated its full-year guidance for sales in a range of $7.5 billion to $7.6 bill
Oct 26, 2020 07:30 am ET
Wabtec Appoints Nicole Theophilus Executive Vice President and Chief Human Resources Officer
Wabtec Corporation (NYSE: WAB) today announced the appointment of Nicole Theophilus to Executive Vice President and Chief Human Resources Officer effective immediately. Theophilus will be responsible for leading Wabtec’s global HR organization, including talent management, leadership development and learning, and compensation and benefits. Theophilus succeeds Scott Wahlstrom who will be retiring from Wabtec after nearly 30 years of dedicated service.
Oct 15, 2020 08:00 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on November 27, 2020 to holders of record on November 13, 2020.
Sep 29, 2020 07:30 am ET
Wabtec Announces Third Quarter 2020 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report third quarter 2020 results before the U.S. financial markets open on Oct. 29, 2020. The Company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and c
Aug 26, 2020 09:00 am ET
Wabtec Appoints Eric Gebhardt as Executive Vice President and Chief Technology Officer
Wabtec Corporation (NYSE: WAB) today announced the appointment of Eric Gebhardt to Executive Vice President and Chief Technology Officer, effective September 14. In this role, Gebhardt will lead Wabtec’s global technology and investment strategy, new product development, and global engineering organization.
Aug 03, 2020 03:00 pm ET
L.B. Foster Announces the Appointment of Raymond T. Betler to Its Board of Directors
L.B. Foster Company (NASDAQ: FSTR), a leading manufacturer and distributor of products and provider of services for transportation and energy infrastructure, announced today that Raymond T. Betler has been appointed to the Company’s Board of...
Jul 29, 2020 04:16 pm ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on August 28, 2020 to holders of record on August 14, 2020.
Jul 29, 2020 04:15 pm ET
Wabtec Files Resale Shelf Registration
Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced the registration of 6,306,781 shares of Wabtec Stock by Issarts Captial, as the sole selling shareholder. The selling shareholder is an entity controlled by the family of Wabtec Board member Erwan Faiveley. The shares are being registered as contemplated by the Shareholders Agreement entered into between Wabtec and the Faiveley family as part of Wabtec’s acquisition of Faiveley Transportation in November 2016. Wabtec will not receive any proceeds from the sale of the shares.
Jul 28, 2020 08:06 am ET
INSERTING and REPLACING Wabtec Reports Second Quarter 2020 Results; Provides Guidance for 2020
Insert after Appendix D, Q2 Year-to-Date 2020 Actual Results, the tables titled: Second Quarter 2019 Actual Results and Q2 Year-to-Date 2019 Actual Results.
Jul 28, 2020 06:30 am ET
Wabtec Reports Second Quarter 2020 Results; Provides Guidance for 2020
Wabtec Corporation (NYSE: WAB) today reported second quarter 2020 earnings per diluted share of $0.46 and adjusted earnings per diluted share of $0.87, versus earnings per diluted share of $0.54 and adjusted earnings per diluted share of $1.33 a year ago. Wabtec also provided full-year guidance for sales in a range of $7.3 billion to $7.6 billion, adjusted earnings per diluted share to between $3.50 and $3.80 and strong cash conversion of greater than 90 percent.
Jul 27, 2020 08:18 am ET
Wabtec’s Trip Optimizer System Surpasses 500 Million Miles of Operation
Wabtec Corporation’s (NYSE: WAB) Trip Optimizer™ system surpassed a milestone as railroads utilized the energy management system to operate their trains for more than 500 million auto miles. The system greatly reduces emissions and fuel costs for railroads worldwide.
Jul 01, 2020 06:30 am ET
Wabtec Announces Second Quarter 2020 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report second quarter 2020 results before the U.S. financial markets open on July 28, 2020. The Company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and
Jun 17, 2020 06:30 am ET
Wabtec Announces Pricing of Senior Notes Offering
Wabtec Corporation (NYSE:WAB) (“Wabtec”) announced that it has priced a public offering of $500 million aggregate principal amount of 3.200% Senior Notes due 2025 (the “Notes”). The Notes will be guaranteed by each of Wabtec’s current and future subsidiaries that guarantee its indebtedness under its credit agreement or any other debt of Wabtec or any other guarantor.
Jun 01, 2020 09:09 am ET
Wabtec Launches BlueFilter® to Provide Clean Air for Transit Rail Passengers
Wabtec Corporation (NYSE: WAB) launched an air-filtration innovation, called BlueFilter®, to provide a clean, healthy environment for passengers on metro and trains. The TÜV-tested filter continuously provides fresh and clean air onboard metro and railcars by removing more than 90 percent of contaminants per air cycle.
May 20, 2020 12:00 pm ET
Wabtec Shareholders Approve Company Proposals at Annual Meeting
Wabtec (NYSE: WAB) shareholders elected two Directors and approved other company proposals at its Annual Meeting in Pittsburgh. Directors elected were: Rafael Santana and Lee Foster, II.
May 04, 2020 02:00 pm ET
Wabtec to Move to Virtual-Only Format for 2020 Annual Meeting
Wabtec Corporation (NYSE: WAB) announced today that due to continued public health precautions, including current restrictions on in-person gatherings as a result of the coronavirus (COVID-19) outbreak and to support the health and well-being of Wabtec shareholders, employees and the community, the Company's 2020 Annual Meeting of Shareholders (Annual Meeting) has been changed to a virtual-only format via a live audio webcast. There will be no physical location for the Annual Meeting and shareholders will not be able to attend in person. The Annual Meeting will continue be held on May 15, 2020
May 04, 2020 06:55 am ET
Wabtec Reports First Quarter 2020 Results
Wabtec Corporation (NYSE: WAB) today reported first quarter 2020 earnings per diluted share of $0.58 and adjusted earnings per diluted share of $0.97 (on 191.4 million fully diluted shares) versus a loss per diluted share of $0.04 and adjusted earnings per diluted share of $1.21 (on 132.5 million fully diluted shares) a year ago. Total sales were $1.9 billion versus $1.6 billion a year ago.
Apr 28, 2020 06:30 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on May 22, 2020 to holders of record on May 8, 2020.
Apr 16, 2020 11:23 am ET
Wabtec Announces First Quarter 2020 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report first quarter 2020 results before the U.S. financial markets open on May 4, 2020. The Company will conduct a conference call to discuss those results with analysts and investors at 10 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and cl
Apr 09, 2020 02:03 pm ET
Wabtec and Tronix3D Partner to Provide PPE for Local Health System
Wabtec Corporation (NYSE: WAB) and Tronix3D are partnering to provide much needed personal protective equipment (PPE) for Excela Health, a leading health system provider of advanced medical care in Pennsylvania. The partnership is leveraging additive technology to produce 1,000 face shields for the hospital this week, which are critical for frontlin
Apr 02, 2020 07:00 am ET
Wabtec to Provide NHL With Electric Drive Systems for New Order in Australia
Wabtec (NYSE: WAB), announced today it will supply Inner Mongolia North Hauler Joint Stock Co., Ltd. (NHL), a leading mining truck manufacturer in China, with 28 360-ton premium integrated electric drive systems, to support the company’s 360T mining truck contract with Yancoal in Australia. The systems will help Yancoal’s mining fleet achieve increased producti
Mar 10, 2020 07:30 am ET
Wabtec Holds 2020 Investor Conference
Wabtec Corporation (NYSE: WAB) will host its 2020 Investor Conference via webcast starting at 8:30 a.m., ET, today. The webcast of the event can be accessed on the investor relations section of the company’s website: www.WabtecCorp.com.
Mar 05, 2020 11:41 am ET
Wabtec to Webcast Its Investor Conference on March 10
Wabtec Corporation (NYSE: WAB) announced today it is transitioning its scheduled 2020 Investor Conference to a webcast format. The online conference with investors and analysts will take place on Tuesday, March 10 at 8:30 am to 12:30 pm Eastern.
Feb 18, 2020 06:58 am ET
Wabtec Announces $500 Million Share Buyback Authorization
Wabtec Corporation (NYSE: WAB) announced that its Board of Directors authorized a share buyback program up to $500 million.
Feb 18, 2020 06:58 am ET
Wabtec Reports Strong 4Q and Full Year 2019 Results
Rafael Santana, Wabtec’s president and chief executive officer, said: “Wabtec delivered strong results for the fourth quarter, concluding a solid year for the company. While we faced increased challenges in the North American freight market, the full year results demonstrate the strength of our portfolio through increased global scale, a more diversified business mix and significant installed base.
Feb 13, 2020 07:30 am ET
Jan 16, 2020 08:00 am ET
Wabtec Announces Fourth Quarter 2019 Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2019 fourth quarter results before the U.S. financial markets open on Feb. 18, 2020. The company will conduct a conference call to discuss those results with analysts and investors at 10 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and
Jan 08, 2020 10:00 am ET
Wabtec Expands Services Capabilities with Acquisition of RELCO Locomotives
Wabtec Corporation (NYSE: WAB) announced today it has acquired RELCO Locomotives, a long-established player in the locomotive overhaul and maintenance industry. The acquisition expands Wabtec’s freight services capabilities and capacity to support growth in the remanufacturing and repair business.
Dec 19, 2019 08:00 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on February 21, 2020 to holders of record on February 7, 2020.
Oct 31, 2019 06:58 am ET
Wabtec Reports 3Q Results, Updates Guidance; Affirms 2019 GAAP Cash from Operations Target
Wabtec Corporation (NYSE: WAB) today reported earnings per diluted share of $0.48 and adjusted earnings per diluted share of $1.03 in the 2019 third quarter (see reconciliation table). The company generated GAAP cash from operations of $124 million for the quarter and affirmed its 2019 GAAP cash from operations guidance of about $900 million. Wabtec also updated its full-year guidance for adjusted sales of about $8.2 billion and adjusted earnings per diluted share to between $4.15 to $4.20.
Oct 23, 2019 09:00 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on November 29, 2019 to holders of record on November 15, 2019.
Oct 15, 2019 04:30 pm ET
Wabtec Celebrates 150 Years of Redefining the Transportation Industry
Wabtec Corporation (NYSE: WAB), a high-tech supplier for the freight and transit rail industries, today celebrated 150 years of innovation and the grand opening of its new headquarters in Pittsburgh. The company’s origins began in Western Pennsylvania with founder George Westinghouse Jr.’s invention of the automatic air brake – a breakthrough that redefined the tr
Oct 03, 2019 08:30 am ET
Wabtec Announces Third Quarter Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2019 third quarter results before the U.S. financial markets open on Oct. 31, 2019. The company will conduct a conference call to discuss those results with analysts and investors at 10 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and click on “Event
Aug 07, 2019 06:02 pm ET
Wabtec Announces Pricing of Public Offering by Selling Stockholder
Wabtec Corporation (NYSE: WAB) today announced the pricing of an underwritten secondary offering of 20,485,156 shares of Wabtec common stock at a public offering price of $72.50 by General Electric Company (“GE”), as the sole selling stockholder. The offering is expected to close on or about August 9, 2019, subject to the satisfaction of customary closing conditions. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 2,048,515 shares. Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering.
Aug 06, 2019 05:37 pm ET
Wabtec Announces Launch of Public Offering by Selling Stockholder
Wabtec Corporation (NYSE: WAB) today announced the launch of an underwritten secondary offering of 20,485,156 shares of Wabtec common stock by General Electric Company (“GE”), as the sole selling stockholder. The selling stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 2,048,515 shares. Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering.
Jul 30, 2019 06:58 am ET
Wabtec Reports 2Q Results, Updates Guidance; Raises 2019 GAAP Cash From Operations To About $900 Million
Wabtec Corporation (NYSE: WAB) today reported earnings per diluted share of $0.54 and adjusted earnings per diluted share of $1.06 in the 2019 second quarter (see reconciliation table). The company generated GAAP cash from operations of $413 million for the quarter and raised its 2019 GAAP cash from operations guidance to about $900 million. Wabtec also updated its full-year guidance for sales of about $8.3 billion and adjusted earnings per diluted share to between $4.10 to $4.20.
Jul 25, 2019 08:00 am ET
Wabtec Announces Two New Appointments to Board of Directors
Wabtec Corporation (NYSE: WAB) announced today the appointments of Rafael Santana, the Company’s president and CEO, and Ann Klee, long-time GE Vice President of Environment, Health and Safety, to its Board of Directors. Santana’s election was effective July 1. Klee is expected to join the Board in the fourth quarter of 2019.
Jul 09, 2019 10:00 am ET
Wabtec Announces Second Quarter Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced it will report 2019 second quarter results before the U.S. financial markets open on July 30, 2019. The company will conduct a conference call to discuss those results with analysts and investors at 10 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at
May 31, 2019 11:15 am ET
Wabtec Declares Regular Quarterly Common Dividend
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on August 23, 2019 to holders of record as of August 9, 2019.
May 17, 2019 01:05 pm ET
Wabtec Shareholders Approve Company Proposals at Annual Meeting
Wabtec (NYSE: WAB) shareholders today elected two directors and approved other company proposals at its annual meeting in Pittsburgh. Directors elected were: William E. Kassling and Albert J. Neupaver.
May 01, 2019 06:20 pm ET
Wabtec Announces Pricing of Upsized Public Offering by selling stockholder
Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced the pricing of an underwritten secondary offering of 22,000,000 shares of Wabtec common stock at a public offering price of $73.50 by General Electric Company (“GE”), as the sole selling...
Apr 30, 2019 04:14 pm ET
Wabtec Announces Launch of Public Offering by Selling Stockholder
Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced the launch of an underwritten secondary offering of 12,500,000 shares of Wabtec common stock by General Electric Company (“GE”), as the sole selling stockholder. The selling stockholder...
Apr 25, 2019 07:32 am ET
Rafael Santana to Succeed Ray Betler as Wabtec President and CEO
Wabtec Corporation (NYSE: WAB) today announced Rafael Santana will become president and CEO of the company, effective July 1, 2019. Santana, who will also become a Wabtec board member, will succeed Ray Betler, who will retire as a Wabtec executive...
Apr 25, 2019 07:30 am ET
Wabtec Reports 1Q Results, Affirms Adjusted Guidance
Wabtec Corporation (NYSE: WAB) today reported a loss per diluted share of $0.04 and adjusted earnings per diluted share of $1.06 in the 2019 first quarter (see reconciliation table).  The company said it generated cash from operations of $31...
Apr 10, 2019 08:30 am ET
Wabtec Declares Regular Quarterly Common Dividend, Announces Earnings Release Date
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on May 24, 2019 to holders of record on May 10, 2019. Wabtec also announced it will report...
Apr 02, 2019 04:30 pm ET
Kristine Kubacki Named Wabtec’s Vice President of Investor Relations
Wabtec (NYSE: WAB) announced that Kristine Kubacki, CFA, has joined the company as vice president of investor relations. In this role, Kubacki will be responsible for communicating the vision and value of Wabtec to shareholders and the financial...
Feb 25, 2019 07:30 am ET
Wabtec Reports 4Q Results, Including Strong Cash Flow; Issues 2019 Financial Guidance
Wabtec Corporation (NYSE: WAB) today reported results for its 2018 fourth quarter, including strong cash flow, and issued 2019 financial guidance.  The company also announced the completion of its merger with GE Transportation today, and said it...
Feb 25, 2019 07:29 am ET
Wabtec Completes Successful Merger With GE Transportation
Wabtec Corporation (NYSE: WAB) announced today it has completed its merger with GE Transportation, a former business unit of GE (NYSE: GE). This merger establishes Wabtec as a Fortune 500, global transportation and logistics leader by combining...
Feb 22, 2019 12:57 pm ET
Wabtec Announces Earnings Release Date
Wabtec Corporation (NYSE: WAB) said it plans to report 2018 fourth quarter results and 2019 financial guidance before the U.S. financial markets open on Monday, Feb. 25.  The company also expects to announce the closing of its merger with GE...
Feb 21, 2019 04:45 pm ET
Wabtec Set to Join S&P 500 and The Goodyear Tire & Rubber to Join S&P MidCap 400
NEW YORK, Feb. 21, 2019 /PRNewswire/ -- S&P MidCap 400 constituent Wabtec Corp. (NYSE: WAB) will replace The Goodyear Tire & Rubber Co. (NASD: GT) in the S&P 500, and The Goodyear Tire & Rubber will replace Wabtec in the S&P MidCap 400 effective prior to the open of trading on Wednesday February 27. S&P 500 and 100 constituent General Electric Co. (NYSE: GE) is spinning off its holdings of Transportation Systems Holdings Inc. to shareholders. Immediately following the distribution, Transportation Systems Holdings is being acquired by Wabtec in a transaction expected t
Feb 12, 2019 09:00 am ET
Wabtec Announces Resignation of COO
Wabtec Corporation (NYSE: WAB) today announced that its chief operating officer, Stephane Rambaud-Measson, has resigned from his position and as a board member of the company to pursue other interests.  Rambaud-Measson had served as president and...
Feb 06, 2019 07:55 am ET
Analysis: Positioning to Benefit within Conagra Brands, National Retail Properties, PRA Health Sciences, Westinghouse Air Brake Technologies, YRC Worldwide, and Infinity Pharmaceuticals — Research Hig
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Conagra Brands Inc. (NYSE:CAG), National Retail Properties (NYSE:NNN),...
Feb 04, 2019 04:33 pm ET
Wabtec Expects To Complete Merger With GE Transportation On Feb. 25
Wabtec Corporation (NYSE: WAB) said it expects to complete its merger with GE Transportation, a business unit of GE (NYSE: GE), on Feb. 25, subject to certain closing conditions being satisfied as of the closing date. At closing, Wabtec plans to...
Feb 04, 2019 04:30 pm ET
GE Announces Details for Anticipated Completion of Spin-Off and Subsequent Merger of Its Transportation Business
GE (NYSE:GE) announced today that the Finance and Capital Allocation Committee of the GE Board of Directors has set a record date of February 14, 2019 for the spin-off of Transportation Systems Holdings Inc. (“SpinCo”), which will hold a portion of GE Transportation, a business unit of GE.
Jan 25, 2019 08:35 am ET
Wabtec and GE Modify Terms of Transaction, Expect to Close By End of February 2019
Wabtec Corporation (NYSE: WAB)  and GE (NYSE: GE) announced today they have modified the terms of their merger agreement and today will publicly file S4 and S1 registration statements, respectively, with the U.S. Securities and Exchange Commission...
Jan 14, 2019 05:35 pm ET
Wabtec and GE Announce U.S. Department of Justice Has Closed Its Review of Pending Merger of Wabtec and GE Transportation
Wabtec Corporation (NYSE: WAB) and General Electric Company (NYSE: GE) announced today that the U.S. Department of Justice (DOJ) has closed its review of the pending merger of Wabtec and GE Transportation, a business unit of GE.  The merger is...
Jan 11, 2019 09:00 am ET
Wabtec Declares Regular Quarterly Dividend
Wabtec Corporation (NYSE: WAB) declared its regular quarterly dividend of 12 cents per share, payable on Feb. 22, 2019 to holders of record on Feb. 8, 2019. Wabtec Corporation (www.wabtec.com) is a leading global provider of equipment, systems and...
Nov 14, 2018 04:13 pm ET
Wabtec Announces Stockholder Approvals in Connection with Planned Combination with GE Transportation 
Wabtec Corporation (NYSE: WAB) announced that at a special meeting today the company’s stockholders approved proposals in connection with its planned combination with GE Transportation. Raymond T. Betler, Wabtec’s president and chief executive...
Nov 13, 2018 07:40 am ET
Analysis: Positioning to Benefit within Independence Holding, KVH Industries, Attunity, Flex Pharma, Westinghouse Air Brake Technologies, and Alaska Communications Systems Group — Research Highlights
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Independence Holding Company (NYSE:IHC), KVH Industries, Inc....
Oct 30, 2018 07:40 am ET
Wabtec Reports Strong Sales and EPS Growth for 3Q, Affirms Full-Year EPS Guidance
Wabtec Corporation (NYSE: WAB) today reported strong sales and EPS growth for the 2018 third quarter and affirmed its full-year EPS guidance.  2018 Third Quarter Consolidated Results Sales were $1.08 billion, 13 percent higher than the year-ago...
Oct 16, 2018 08:00 pm ET
INVESTOR ALERT: Monteverde & Associates PC Is Investigating The Acquisition Of Westinghouse Air Brake Technologies Corporation Scheduled For A Shareholder Vote On November 14, 2018 - WAB
NEW YORK, Oct. 16, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Westinghouse Air Brake Technologies Corporation ("Wabtec" or the "Company") (NYSE: WAB) relating to the proposals to amend its charter to increase the number of authorized shares of Wabtec common stock and to approve the issuance of Wabtec common stock in connection with its proposed combination with GE Transportation. As a result of the combination, GE will be paid a $
Oct 16, 2018 04:15 pm ET
Wabtec Declares Regular Quarterly Dividend, Announces Earnings Release Date
Wabtec Corporation (NYSE: WAB) declared its regular quarterly dividend of 12 cents per share, payable on Nov. 30, 2018 to holders of record on Nov. 16, 2018. Wabtec also said it will report 2018 third quarter results before the U.S. financial...
Oct 12, 2018 05:13 pm ET
Wabtec Announces Date for Special Meeting of Stockholders
Wabtec Corporation (NYSE: WAB) today announced that it will hold a special meeting of stockholders on Wednesday, Nov. 14, 2018 to consider and vote on proposals to amend its charter to increase the number of authorized shares of Wabtec common stock...
Sep 17, 2018 07:30 am ET
Wabtec Files Proxy Statement with SEC
Wabtec Corporation (NYSE: WAB) today filed an amended preliminary proxy statement with the SEC relating to its proposed combination with GE Transportation. Wabtec and GE Transportation are progressing the proposed transaction toward an anticipated...
Sep 14, 2018 06:12 pm ET
Wabtec Issues Statement Regarding Planned Merger With GE Transportation
Wabtec Corporation (NYSE: WAB) today issued the following statement regarding its planned merger with GE Transportation: “The company continues to make progress in its planned merger with GE Transportation, including today the successful...
Sep 12, 2018 06:14 pm ET
Wabtec Announces Pricing of Senior Notes Offering
Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced that it has priced a public offering of (i) $500 million of Floating Rate Senior Notes due 2021 (the “Floating Rate Notes”), (ii) $750 million of 4.150% Senior Notes due 2024 (the “2024...
Aug 07, 2018 08:25 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Vical, Hilton Grand Vacations, Kemper, Franklin Financial Network, Perficient, and Westinghouse Air Brake Technologies — New Researc
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Vical Incorporated (NASDAQ:VICL), Hilton Grand Vacations Inc. (NYSE:HGV),...
Jul 24, 2018 08:14 am ET
Wabtec Reports 2Q Results, Increases Guidance
Wabtec Corporation (NYSE:WAB) today reported second quarter results and increased its full-year guidance for revenues and earnings per diluted share. 2018 Second Quarter Consolidated Results Sales were $1.1 billion, a 19 percent increase...
Jul 11, 2018 08:30 am ET
Wabtec Declares Regular Quarterly Dividend, Announces Earnings Release Date
Wabtec Corporation (NYSE:WAB) declared its regular quarterly dividend of 12 cents per share, payable on Aug. 24, 2018 to holders of record on Aug. 10, 2018. Wabtec also said it will report 2018 second quarter results before the U.S. financial...
Jun 13, 2018 09:00 am ET
Wabtec Announces New Financing Arrangements
Wabtec Corporation (NYSE:WAB) today announced that it has entered into new financing arrangements in connection with its pending merger with GE Transportation.   The new arrangements include syndication of a $2.5 billion senior unsecured bridge...
May 21, 2018 09:31 am ET
Thinking about buying stock in AmBev, Chesapeake Energy, Campbell Soup Company, General Electric or Westinghouse Air Brake Technologies?
CHICAGO, May 21, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ABEV, CHK, CPB, GE, and WAB.
May 21, 2018 07:00 am ET
Wabtec and GE Transportation to Merge, Creating Global Leader for Rail Equipment, Services and Software
Wabtec Corporation (NYSE:WAB) has entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Company (NYSE:GE). The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment,...
May 15, 2018 12:14 pm ET
Wabtec Shareholders Approve Company Proposals At Annual Meeting
Wabtec Corporation (NYSE:WAB) shareholders today elected four directors and approved other company proposals at its annual meeting in Pittsburgh.  Directors elected were:  Erwan Faiveley, Linda S. Harty, Brian P. Hehir and Michael W.D. Howell....
May 07, 2018 07:48 am ET
Wabtec Plans To Affirm 2018 Financial Guidance And Long-Term Financial Targets At Investor Day
Wabtec Corporation (NYSE:WAB) today plans to affirm the following at its Investor Day: In 2018, revenues are expected to be about $4.1 billion, earnings per diluted share are expected to be about $3.80 excluding estimated restructuring and...
May 01, 2018 07:30 am ET
Detailed Research: Economic Perspectives on Vitamin Shoppe, Surmodics, Spark Therapeutics, QUANTENNA COMMS, Westinghouse Air Brake Technologies, and Resource Capital — What Drives Growth in Today's Co
NEW YORK, May 01, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Vitamin Shoppe, Inc (NYSE:VSI), Surmodics, Inc....
Apr 24, 2018 08:02 am ET
Wabtec Reports 1Q EPS Of 92 Cents, Affirms Full-Year Guidance
WILMERDING, Pa., April 24, 2018 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE:WAB) today reported earnings per diluted share of 92 cents in the 2018 first quarter and affirmed its full-year guidance for revenues and earnings per diluted share. 
Apr 19, 2018 09:00 am ET
Wabtec Declares Regular Quarterly Dividend
WILMERDING, Pa., April 19, 2018 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE:WAB) declared its regular quarterly dividend of 12 cents per share, payable on May 25, 2018 to holders of record on May 11, 2018.
Apr 16, 2018 05:00 pm ET
Wabtec Announces Earnings Release Date
WILMERDING, Pa., April 16, 2018 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE:WAB) said it will report 2018 first quarter results before the U.S. financial markets open on Tuesday, April 24.  The company will conduct a conference call to discuss...
Mar 26, 2018 08:00 am ET
Wabtec Acquires Annax, A Leading Supplier Of Public Address And Passenger Information Systems For Transit Vehicles
WILMERDING, Pa., March 26, 2018 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE:WAB) has acquired Annax, a leading supplier of Public Address and Passenger Information Systems (PAPIS) for transit vehicles. Headquartered in Germany, Annax has annual sales of about $55...
Mar 22, 2018 07:55 am ET
Research Report Identifies Westinghouse Air Brake Technologies, National Western Life Group, Impinj, Ingles Markets, RCI Hospitality, and Rexahn Pharmaceuticals with Renewed Outlook — Fundamental Anal
NEW YORK, March 22, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Westinghouse Air Brake Technologies Corporation (NYSE:WAB),...
Feb 20, 2018 08:14 am ET
Wabtec Reports Results For 2017 4Q and Full Year, Issues 2018 Financial Guidance
WILMERDING, Pa., Feb. 20, 2018 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE:WAB) today reported results for the 2017 fourth quarter and full year, and issued 2018 financial guidance.           
Feb 12, 2018 08:00 am ET
Wabtec Signs Contract Worth $62 Million To Provide PTC Equipment/Services For CFRC (SunRail)
WILMERDING, Pa., Feb. 12, 2018 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE:WAB) has signed a contract worth about $62 million to design, install, test and commission Positive Train Control (PTC) for the Central Florida Rail Corridor (CFRC), which operates...
Feb 09, 2018 02:30 pm ET
Penteon Announces New Industrial IoT Initiative Improving Efficiency and Safety in the Rail Industry
NEW YORK, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Penteon Corporation today announced a new initiative to develop custom industrial sensing solutions for locomotives, rail cars and track-side equipment in partnership with Wabtec Corporation (NYSE:WAB). Leveraging Penteon’s electronic sensor...
Feb 02, 2018 06:55 am ET
Wabtec Announces Estimate Of Tax Reform Impact, Preliminary 2017 4Q Results
WILMERDING, Pa., Feb. 02, 2018 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE:WAB) today announced an estimate of the impact of U.S. tax reform and its preliminary 2017 fourth quarter results.  The fourth quarter preliminary results include:

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.