Look for Shares of Wabtec to Potentially Rebound after Yesterday's 1.19% Sell Off
Comtex SmarTrend(R) - Thu Sep 01, 2:36PM CDT
Wabtec (NYSE:WAB) traded in a range yesterday that spanned from a low of $75.25 to a high of $76.83. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $75.33 on volume of 322,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WAB: 76.66 (+0.87)
Watch for Wabtec to Potentially Pullback After Gaining 1.10% Yesterday
Comtex SmarTrend(R) - Tue Aug 23, 2:53PM CDT
Wabtec (NYSE:WAB) traded in a range yesterday that spanned from a low of $75.31 to a high of $76.36. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $75.38 on volume of 546,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WAB: 76.66 (+0.87)
Look for Shares of Wabtec to Potentially Pullback after Yesterday's 1.23% Rise
Comtex SmarTrend(R) - Thu Aug 04, 2:38PM CDT
Wabtec (NYSE:WAB) traded in a range yesterday that spanned from a low of $70.05 to a high of $71.17. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $70.14 on volume of 448,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WAB: 76.66 (+0.87)
Wabtec Acquires Gerken Group, A Leading Manufacturer Of Carbon/Graphite Products
GlobeNewswire - Tue Aug 02, 7:45AM CDT
Wabtec Corporation (NYSE:WAB) has acquired Gerken Group SA, a leading manufacturer of specialty carbon and graphite products for rail and other industrial applications. The company has annual sales of about $40 million.
WAB: 76.66 (+0.87)
New Strong Sell Stocks for July 28th
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:57AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
OSB: 25.17 (+0.55), FCH: 6.88 (unch), WFC: 50.55 (+0.12), RDY: 46.94 (+0.90), WAB: 76.66 (+0.87)
Wabtec Signs New Bank Agreement
GlobeNewswire - Thu Jun 23, 7:00AM CDT
Wabtec Corporation (NYSE:WAB) has signed a new bank agreement that includes a $1.2 billion revolving credit facility and a $400 million term loan. The revolving credit facility has a five-year term and replaces the company's previous revolver of $800 million, while the term loan has a three-year maturity.
WAB: 76.66 (+0.87)
Technical Coverage on Railroads Stocks -- Trinity Industries, Norfolk Southern, Canadian Pacific Railway, and Westinghouse Air Brake Technologies
PR Newswire - Thu Jun 09, 7:35AM CDT
On Wednesday, June 08, 2016, the NASDAQ Composite ended the trading session at 4,974.64, up 0.26%; the Dow Jones Industrial Average advanced 0.37% to finish at 18,005.05; and the S&P 500 closed at 2,119.12, up 0.33%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: Trinity Industries Inc. (NYSE: TRN), Norfolk Southern Corporation (NYSE: NSC), Canadian Pacific Railway Ltd (NYSE: CP), and Westinghouse Air Brake Technologies Corporation (NYSE: WAB). Learn more about these stocks by accessing their free trade alerts at:
NSC: 94.16 (+0.36), TRN: 24.25 (+0.20), WAB: 76.66 (+0.87), CP: 154.59 (+0.70)
Wabtec Signs Contract Worth $21 Million To Provide PTC Equipment/Services For TRRA
GlobeNewswire - Mon May 23, 7:00AM CDT
Wabtec Corporation (NYSE:WAB) has signed a contract worth about $21 million to design, install, test and commission Positive Train Control (PTC) for the Terminal Railroad Association of St. Louis (TRRA).
WAB: 76.66 (+0.87)
Wabtec Increases Dividend 25%; Shareholders Approve Company Proposals At Annual Meeting
GlobeNewswire - Wed May 11, 3:05PM CDT
Wabtec Corporation (NYSE:WAB) today increased its regular quarterly dividend to 10 cents per share, from 8 cents per share. The new dividend rate will be payable initially Aug. 29, 2016 to shareholders of record Aug. 15, 2016.
WAB: 76.66 (+0.87)
Two Acquisitions Expand Wabtec's Capabilities In Track-Related Products/Services
GlobeNewswire - Mon May 09, 5:55AM CDT
Wabtec Corporation (NYSE:WAB) has completed the acquisitions of Unitrac Railroad Materials and Pride Bodies, which provide a variety of track-related products and services. The companies have combined annual sales of about $45 million.
WAB: 76.66 (+0.87)
Wabtec and Faiveley Transport Meet With European Commission; Closing Now Expected In Fourth Quarter
GlobeNewswire - Sun May 01, 10:00PM CDT
Wabtec Corporation (NYSE:WAB) and Faiveley Transport S.A. (Euronext Paris:LEY) met with the European Commission to review the progress of the Phase 1 regulatory approval process following notification to the Commission on April 4.
WAB: 76.66 (+0.87)
Shares of WAB Up 26.7% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Apr 27, 1:47PM CDT
SmarTrend identified an Uptrend for Wabtec (NYSE:WAB) on February 16th, 2016 at $67.13. In approximately 2 months, Wabtec has returned 26.69% as of today's recent price of $85.04.
WAB: 76.66 (+0.87)
Challenging Conditions Cause Westinghouse Air Brake Technologies Corp's Sales to Slump
Matthew DiLallo, The Motley Fool - Motley Fool - Tue Apr 26, 10:17AM CDT
Image source: Trinity Industries. Global economic and currency headwinds continued to plague Westinghouse Air Brake Technologies , or Wabtec, during the first quarter. While those headwinds pushed revenue backward, the company was able to...
TRN: 24.25 (+0.20), WAB: 76.66 (+0.87)
Wabtec Reports First Quarter EPS of $1.02; Affirms Full-Year EPS Guidance
GlobeNewswire - Tue Apr 26, 6:46AM CDT
Wabtec Corporation (NYSE:WAB) today reported results for the 2016 first quarter, including the following:
TRGP: 44.07 (+0.74), WAB: 76.66 (+0.87)
What to Watch When Westinghouse Air Brake Technologies Corp. Reports Earnings
Matthew DiLallo, The Motley Fool - Motley Fool - Fri Apr 22, 3:33PM CDT
Image source: Flickr user Michael Hicks. While Westinghouse Air Brake Technologies , or Wabtec, faced challenges in some of its key markets last year, the company expects to deliver record results in 2016. Investors will get their first chance...
GBX: 33.34 (-0.04), WAB: 76.66 (+0.87)
Wabtec Declares Regular Quarterly Dividend, Announces Earnings Release Date
GlobeNewswire - Tue Apr 19, 7:30AM CDT
Wabtec Corporation (NYSE:WAB) declared its regular quarterly dividend of 8 cents per share, payable on May 27, 2016 to holders of record on May 13, 2016.
WAB: 76.66 (+0.87)
Wabtec Signs Contract Worth $30 Million to Provide PTC Equipment/Services for NICTD
GlobeNewswire - Thu Apr 14, 6:00AM CDT
Wabtec Corporation (NYSE:WAB) has signed a contract worth about $30 million to provide equipment and services for a Positive Train Control (PTC) system for the Northern Indiana Commuter Transportation District (NICTD). The contract is with Parsons Transportation Group (PTG) which will execute the role of System Integrator.
WAB: 76.66 (+0.87)
Look for Shares of Wabtec to Potentially Pullback after Yesterday's 8.12% Rise
Comtex SmarTrend(R) - Wed Feb 10, 5:44PM CST
Wabtec (NYSE:WAB) traded in a range yesterday that spanned from a low of $60.83 to a high of $65.93. Yesterday, the shares gained 8.1%, which took the trading range above the 3-day high of $64.69 on volume of 2.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WAB: 76.66 (+0.87)
Wabtec Reports Share Repurchase Activity, New Board Authorization for Up to $350 Million
GlobeNewswire - Wed Feb 10, 5:45AM CST
Wabtec Corporation (NYSE:WAB) said it repurchased about 4.6 million shares of its common stock for about $365 million during the fourth quarter of 2015. The company also said its Board of Directors yesterday approved a new share buyback authorization for up to $350 million worth of its stock. This new buyback authorization supersedes the previous authorization of $350 million, which had about $33 million remaining.
WAB: 76.66 (+0.87)