Pascal Schweitzer News Today

INDIA: Wabtec Corp officially opened a US$18m rail component and subsystem manufacturing campus at Rohtak northwest of New Delhi in Haryana on May 20.

US manufacturer Wabtec has officially inaugurated its new manufacturing campus in Rohtak, Haryana , on May 20....

US manufacturer Wabtec officially opened its new manufacturing campus at Rohtak in Haryana state in northern India on May 20.

ROHTAK, Haryana, May 20, 2024 - Today, Wabtec Corporation inaugurated its new manufacturing campus in Rohtak, India. The new plant represents a $18 million investment and will initially...

Westinghouse Air Brake Technologies Co. (NYSE:WAB – Get Free Report) insider Pascal Schweitzer sold 6,000 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $162.74, for a total transaction of $976,440.00. Following the completion of the transaction, the insider now owns 10,633 shares […]

Westinghouse Air Brake Technologies (NYSE:WAB – Get Free Report) had its price target increased by KeyCorp from $155.00 to $185.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the transportation company’s stock. KeyCorp’s target price suggests a potential upside of 13.54% from the stock’s current price. […]

Wabtec Corporation has secured a multi-million-dollar contract to supply brakes and couplers for 640 MTA New York City Transit (NYCT) train cars.

The multi-million-dollar order is set to provide equipment for the New York City metro system.

Wabtec Corporation will provide brakes and couplers for 640 MTA New York City Transit train cars via its client Kawasaki Rail Car, Inc. The multi-million-dollar order for service-proven equipment...

“I do not think global supply chain has stabilized. There was COVID well before the geopolitical tensions, but we are living in a world that is more unpredictable and volatile,” Schweitzer told ET in response to a question on the impact of the Russia-Ukraine conflict, adding that supply chains are not yet reliable.