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Wabtec (WAB +3.5%) ticks higher today after the company's MotivePower unit signs a contract with...

Wabtec (WAB +3.5%) ticks higher today after the company's MotivePower unit signs a contract with the Massachusetts Bay Transportation Authority to supply 13 additional HSP46 passenger locomotives to be delivered in 2014. The new contract follows previous orders for 27 locomotives and is worth more than $70M including training, manuals and spare parts. The locomotives are manufactured with major components supplied by General Electric's (GE) GE Transportation.
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