SPAR vs. WBC: Which Stock Is the Better Value Option?
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of ZF Friedrichshafen AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
WABCO's (WBC) sale of Sheppard business is subject to customary closing conditions and regulatory approvals, and also depends on the closing of the WABCO's ZF acquisition.
Wabco (WBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WABCO Holdings Inc. (“WABCO”) (WBC) (www.wabco-auto.com), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today announced it has entered into a definitive agreement to sell R.H. Sheppard Co., Inc. (“Sheppard”) to Bendix Commercial Vehicle Systems LLC (“Bendix”) for $149.5 million. Sheppard is an industry-leading supplier of steering technologies for commercial vehicles. Bendix is an indirect subsidiary of Knorr-Bremse AG, a leading global supplier of braking systems and other safety-critical rail and commercial vehicle systems.
ZF is marching full bore into electrification and e-mobility, and its proposed $7 billion acquisition of Wabco, which it hopes will be finalized in 2020, will further advance that mission, Dan Williams, director of ADAS and autonomy, told assembled press members during the company's media briefing on Sunday, Oct. 27, 2019, at the North American Commercial Vehicle Show in Atlanta. The acquisition of Wabco will bring braking solutions into ZF's expanding portfolio of e-mobility and electrification products.
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Westpac Banking Corp. late Wednesday appointed Peter King to be its chief executive and said that he has agreed to the appointment for at least two years. King has served as interim CEO since December and has been with the company for 25 years. In late November, then-CEO Brian Hartzer resigned over a money-laundering scandal.
The Auburn Hills, Michigan-based global supplier of commercial vehicle braking control systems is using open software architecture to get other suppliers involved with the intelligent trailer platform. The foundation is four WABCO technologies, including an Intelligent antilock braking system (ABS), trailer ABS, an intelligent trailer program and its TrailerCAST telematics device. Vehicle diagnostics provider Noregon and trailer axle manufacturer Hendrickson are integrating their products and services into the connected trailer platform.
Esculier's addition to the IHS Markit (INFO) team will bring international leadership experience to its board.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Is Owens Corning (NYSE:OC) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. […]
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Wabco (WBC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57%. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. That's why we weren't […]
The U.S. Department of Justice (DOJ) announced it is requiring ZF Friedrichshafen AG (ZF) and WABCO Holdings Inc. to divest WABCO's North American steering components business before it will approve their pending merger. Without selling off that part of WABCO's business, ZF's proposed $7 billion acquisition of WABCO (NYSE: WBC), approved by shareholders last year, "would eliminate competition between the only two suppliers of steering gears used on large commercial vehicles in North America," according to an antitrust lawsuit to block the deal filed by DOJ Thursday in U.S. District Court for the District of Columbia.
WABCO and ZF anticipate that SAMR approval will be received without significant delay, and expect that the transaction will close in the second quarter of 2020, when this final regulatory clearance is anticipated to be received. WABCO (WBC) is the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully “Mobilizing Vehicle Intelligence” to support the increasingly autonomous, connected and electric future of the commercial vehicle industry.
Wabco (WBC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
We can judge whether WABCO Holdings Inc. (NYSE:WBC) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best […]
All required regulatory approvals have now been received and WABCO and ZF expect to close the merger on May 29, 2020, subject to the satisfaction of all other closing conditions. WABCO (WBC) is the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully “Mobilizing Vehicle Intelligence” to support the increasingly autonomous, connected and electric future of the commercial vehicle industry.