Barclays Upgrades WABCO Holdings (WBC) to Overweight
- Stocks gear up for Big Tech earnings; yen toys with danger zone
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises on robust EU data as Mideast tensions linger
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
WABCO Reports Q3 2016 Results; Continues to Solidly Outperform Commercial Vehicle Market Globally; Tightens EPS Guidance for 2016
October 20, 2016 6:30 AM EDTQ3 2016 sales of $675.4 million, up 4.9 percent from a year ago and up 5.2 percent in local currencies Q3 2016 reported operating income of $80.9 million, up from $29.9 million a year ago; and performance Q3 2016 operating income of $88.9 million, up from $81.5 million a year ago Q3 2016 reported operating margin of 12.0 percent, up from 4.6 percent a year ago; and performance Q3 2016 operating margin of 13.2 percent, up from 12.7 percent a year ago In Q3 2016, WABCO continued to strongly convert income into cash, resulting in net cash from operating activities of $80.6 million Q3 2016 reported diluted EPS of $1.76, up from... More