Wabtec Corporation Aktie News

PITTSBURGH--(BUSINESS WIRE)--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 g...

RIO DE JANEIRO & PITTSBURGH--(BUSINESS WIRE)--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. Acco...

Westinghouse Air Brake Technologies Corporation (WAB) Q4 2023 Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)--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 earnings per diluted...

PITTSBURGH--(BUSINESS WIRE)--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. “This modernization order is part o...

PITTSBURGH--(BUSINESS WIRE)--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. “This o...

Analysts at big banks like The Goldman Sachs Group NYSE: GS often employ "top-down analysis," which starts with understanding the economy's fundamentals and selective industries. You can gauge what goes on by following the leading indicators, such as the ISM manufacturing PMI index, or simpler metrics, such as employment figures.

PITTSBURGH--(BUSINESS WIRE)--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 an...