Wabtec to Benefit From Fanox & Kompozitum Buyout: Here's How [Yahoo! Finance]
Westinghouse Air Brake Technologies Corporation (WAB)
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am
Check Earnings Report
US:NYSE Investor Relations:
wabtec.com/investors
Company Research
Source: Yahoo! Finance
Wabtec is purchasing the two companies for a $110 million cash transaction, financed through cash on hand and a revolving credit facility. The two companies will join Wabtec's Transit business (which recently reported third-quarter 2024 net sales of $733 million, up 9.6% year over year due to strong aftermarket sales. The segmental adjusted operating margin increased to 12.8% from 12.5% in the third quarter of 2023). Pascal Schweitzer, president at Wabtec Transit, stated, “We are excited about bringing the capabilities of Fanox and Kompozitum to our Transit Business. These acquisitions align with our strategy by bringing in technologies that are complementary to our product portfolio, positioning the business for accelerated, profitable revenue growth. It also enhances Wabtec's mission to provide our customers with next-generation solutions that improve efficiency, performance, and reliability.” The inclusion of Fanox and Kompozitum is expected to be immediately accretive to WAB
Show less
Read more
Impact Snapshot
Event Time:
WAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WAB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WAB alerts
High impacting Westinghouse Air Brake Technologies Corporation news events
Weekly update
A roundup of the hottest topics
WAB
News
- Three Reasons to Avoid HII and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Westinghouse Air Brake Technologies (NYSE:WAB) Sees Growth in Digital Sales and International Orders [Yahoo! Finance]Yahoo! Finance
- Westinghouse Air Brake Technologies (NYSE:WAB) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]Yahoo! Finance
- Three Reasons Why KEX is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Passenger Information System Market to Drive Growth at USD 74.64 Billion by 2031| SkyQuest Technology [Yahoo! Finance]Yahoo! Finance
WAB
Earnings
- 10/23/24 - Beat
WAB
Sec Filings
- 12/9/24 - Form 8-K
- 12/4/24 - Form 8-K
- 11/27/24 - Form 4
- WAB's page on the SEC website