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WBC
WABCO Holdings Inc.

5/27/2012, 2:40 PM ET
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WBC Market Currents more »
  • February 3 WABCO Holdings (WBC +6.5%) trades up after releasing mixed Q4 results but raising guidance for FQ1. Piper Jaffray upgrades the shares on the report, saying the new guidance range is based on a market-wide contraction of 10%-15% in Europe, and for management to release in-line guidance under those conditions speaks volumes about its confidence in other regions.
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Company Description

WABCO is a leading provider of electronic, mechanical and mechatronic products for the world’s leading commercial truck, trailer, bus and passenger car manufacturers. We manufacture and sell control systems, including advanced braking, stability, suspension, transmission control and air... More

Sector: Consumer Goods
Industry: Auto Parts
Country: United States