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The Latest Breaking News from WAB

All Aboard! 3 Railroad Stocks That Won't Stop Chugging

In the upcoming years, the railroad industry is anticipated to stay afloat due to its goods transportation services and swift investments in the sector. Hence, investors could consider shares of fundamentally sound railroad stocks Canadian National (CNI), CSX Corp. (CSX), and Westinghouse Air Brake (WAB). Read more….

2 Railroad Stocks to Add to Your Watchlist This Week

2 Railroad Stocks to Add to Your Watchlist This Week

Rapid advancements in technology, increasing government investments, and a growing preference for public transportation are contributing to the growth of railroad sector. Therefore, fundamentally sound railroad stocks Canadian National Railway (CNI) and Westinghouse Air Brake Technologies (WAB) might be worth adding to your watchlist. Let’s discuss.

3 High-Quality Railroad Stocks That Are Buys Today

3 High-Quality Railroad Stocks That Are Buys Today

Rebounding travel demand and improving supply chains are helping the railroads sector to recover from the pandemic-led disruptions. Moreover, supportive federal policies are expected to boost the industry. Therefore, investors might consider buying high-quality railroad stocks, Canadian National Railway (CNI), CSX Corporation (CSX), and Westinghouse Air Brake Technologies (WAB) now.…

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Wabtec (WAB) Beats Q2 Earnings Estimates, Ups 2022 EPS View

Westinghouse Air Brake Technologies Corporation, operating as Wabtec Corporation (NYSE: WAB), reported mixed second-quarter 2022 results wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same.

Wabtec Acquires Collins Aerospace's ARINC Rail Solutions Business

Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) has acquired Raytheon Technologies Corp's (NYSE:RTX) Collins Aerospace business segment ARINC rail solutions, a provider of intelligence-based rail dispatch and back-office solutions. Deal terms were not disclosed. "ARINC's rail solutions systems, coupled with Wabtec's digital and electronics portfolio, will accelerate the industry's journey of rail optimization," commented…

Wednesday Is Your Last Chance To Buy Westinghouse Air Brake Before The Dividend Payout

Wednesday marks the last chance for investors to receive the next dividend payout from Westinghouse Air Brake (NYSE:WAB).

Wabtec Clocks 5% Sales Growth In Q1, Reiterates FY22 Guidance

Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) reported first-quarter FY21 net sales growth of 5.3% year-over-year to $1.93 billion, missing the consensus of $1.98 billion. Adjusted EPS of $1.13 (+27% Y/Y) topped the consensus of $1.12. The gross margin expanded by 170 bps to 30.9%. The adjusted gross margin was 31.1%, up by…

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Westinghouse Air Brake: Q1 Earnings Insights

Westinghouse Air Brake: Q1 Earnings Insights

Westinghouse Air Brake (NYSE:WAB) reported its Q1 earnings results on Wednesday, April 27, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Millions to be raised for Ukraine's Refugees project by selling digital NFT assets

Millions to be raised for Ukraine's Refugees project by selling digital NFT assets

$25 billion was spent on NFTs last year

Union Pacific Plans To Use Higher Biodiesel Blend In Wabtec Locomotives

Union Pacific Plans To Use Higher Biodiesel Blend In Wabtec Locomotives

Union Pacific Corp (NYSE:UNP) plans to begin using a higher biodiesel blend in locomotives acquired from Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) in its efforts to increase the percentage of low-carbon fuels consumed to 10% of its total diesel consumption by 2025 and 20% by 2030. Biofuel is a domestically produced, clean-burning, renewable substitute…

Buddhists irked by Minister’s comment

Buddhists irked by Minister’s comment

Criticising Health Minister K. Sudhakar for his “objectionable” remarks on Buddhism, the World Alliance of Buddhists (WAB) has sought an apology from the Minister and also demanded his resignation from the State Cabinet.

Forget CSX Corp., Buy These 3 Railroad Stocks Instead

Forget CSX Corp., Buy These 3 Railroad Stocks Instead

Leading railway transportation company CSX Corporation (CSX) has been losing momentum since the start of 2022 owing to labor market constraints, skyrocketing inflation, and rising costs. However, as intermodal freight transportation demand increases, we think it could be profitable to add quality railroad stocks Union Pacific (UNP), Canadian National (CNI),…

Wabtec Reports Mixed Q4 Results, Boosts Dividend By 25%, Plans $750M Buyback

Wabtec Reports Mixed Q4 Results, Boosts Dividend By 25%, Plans $750M Buyback

Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) reported fourth-quarter FY21 sales growth of 2.4% year-over-year to $2.07 billion, missing the consensus of $2.18 billion. Adjusted EPS $1.18 (+20.4% Y/Y), beating consensus of $1.17. The gross margin expanded by 650 bps to 31.5%. The adjusted gross margin was 31.7%, up by 570 bps. The…

Union Pacific To Buy Battery-Electric Locomotives From Caterpillar, Wabtec

Union Pacific To Buy Battery-Electric Locomotives From Caterpillar, Wabtec

Union Pacific Corp (NYSE:UNP) plans to purchase 20 battery-electric locomotives for testing in yard operations. The company expects the combined purchases and upgrades to yard infrastructure to exceed $100 million. The railroad will purchase the locomotives from Progress Rail, a Caterpillar Inc. (NYSE:CAT) company, and Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec). Union Pacific anticipates the first…

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