Wabtec

Wabtec Corp. announced Tuesday that it has signed a contract valued at about $28 million to supply electronically controlled pneumatic (ECP) braking equipment for 159 locomotives operated by Rio Tinto, a mining company…
Wabtec Corp. said Thursday has signed contracts valued at about $34 million to provide components for 473 subway cars being supplied by Kawasaki Heavy Industries to MTA New York City Transit…
MTA New York City Transit on May 1 took delivery of the first of 28 new diesel-electric locomotives it is acquiring from Wabtec subsidiary MotivePower, Inc.
Wabtec Corporation said April 12 that it expects first-quarter 2012 earnings per diluted share to be about $1.20, and has increased its 2012 full-year EPS guidance to about $4.80, based…

Crediting strength in its transit and transportation markets, Wilmerding, Pa.-based Wabtec Corp. Feb. 25 said it posted fourth-quarter net income of $31.1 million, or 64 cents per share, on sales of $405.2 million. That compares with net income of $28.7 million, or 58 cents per share, on sales of $365.2 million in the fourth quarter of 2007, or a 9% jump in fourth-quarter profit. Per-share results were short of analyst expectations of 65 cents per share on revenue of $391 million.

--> Crediting strength in its transit and transportation markets, Wilmerding, Pa.-based Wabtec Corp. Feb. 25 said it posted fourth-quarter net income of $31.1 million, or 64 cents per share, on sales…
Wabtec Corp. says its MotivePower subsidiary has been awarded an $85 million option order to build an additional 20 MPXpress locomotives for GO Transit. The contract follows an original order…
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