International Business News - WAB http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the earnings stories for Wednesday, Oct. 22, from AP Financial News: TRENTON, N.J. (AP)--Drugmaker Merck & Co. said Wednesday it will slash 7,200 jobs as part of a new restructuring program that comes as its third-quarter profit plunged 28 percent, due to a hefty restructuring charge and flat sales. http://www.ibtimes.com/articles/20081022/earnings-roundup-merck-arrow-electronics.htm Wed, 22 Oct 2008 14:34:08 EDT Wabtec Corp., which supplies goods and services to railroads, on Wednesday reported third-quarter earnings above Wall Street estimates and raised guidance for full-year sales and profit. http://www.ibtimes.com/articles/20081022/wabtec-beats-expectations-raises-guidance.htm Wed, 22 Oct 2008 10:45:35 EDT Shares of rail equipment makers fell Tuesday, as a KeyBanc Capital Markets analyst said that he is more cautious on the sector and expects fewer railcar deliveries in 2009 than he previously thought. http://www.ibtimes.com/articles/20081007/sector-snap-rail-equipment.htm Tue, 07 Oct 2008 10:59:48 EDT Railroad equipment supplier Wabtec Corp. said on Monday it would buy Standard Car Truck, a maker of undercarriage parts for locomotives and freight cars, for $300 million in cash. http://www.ibtimes.com/articles/20080915/wabtec-buying-standard-car-truck-for-300-million.htm Mon, 15 Sep 2008 09:53:07 EDT Among the earnings stories for Tuesday, July 22, from AP Financial News: WASHINGTON (AP)--XM Satellite Radio Holdings Inc., which is seeking regulatory approval for an acquisition by rival Sirius Satellite Radio Inc., on Tuesday posted a smaller second-quarter loss as total new subscribers to the satellite radio company's services rose 17 percent. http://www.ibtimes.com/articles/20080722/earnings-roundup-xm-satellite-wabtec.htm Tue, 22 Jul 2008 10:52:18 EDT Among the earnings projection stories for Tuesday, July 22, from AP Financial News: PASADENA, Calif. (AP)--Adhesive label maker Avery Dennison Corp. on Tuesday slashed its 2008 profit expectations "due to a significant increase in inflation expectations coupled with greater economic weakness." http://www.ibtimes.com/articles/20080722/outlook-roundup-avery-dennison-biogen-idec.htm Tue, 22 Jul 2008 10:21:07 EDT Railroad equipment supplier Wabtec Corp. on Tuesday raised its full year guidance, based on strong second-quarter earnings. The Wilmerding, Pa.-based company expects earnings of about $2.65 per share, from an earlier estimate of $2.55 per share. http://www.ibtimes.com/articles/20080722/wabtec-raises-full-year-earnings-revenue-guidance.htm Tue, 22 Jul 2008 08:56:13 EDT Railroad equipment supplier Wabtec Corp. on Tuesday said its second-quarter profit rose 20 percent, helped by international expansion and a jump in sales. http://www.ibtimes.com/articles/20080722/wabtec-2q-profit-rises-on-sales-growth.htm Tue, 22 Jul 2008 08:49:13 EDT Wabtec Rail, the U.K.-based unit of railroad equipment supplier Wabtec Corp., said Thursday it signed a $52 million, three-year contract to overhaul 308 electric transit cars for HSBC Rail. http://www.ibtimes.com/articles/20080710/wabtec-gets-52m-contract-to-overhaul-transit-cars.htm Thu, 10 Jul 2008 14:14:49 EDT Railroad equipment supplier Wabtec Corp. said Tuesday it completed its acquisition of Italian rail braking equipment maker Poli SpA for 53 million euros ($83.6 million) in cash. http://www.ibtimes.com/articles/20080701/wabtec-completes-poli-acquisition.htm Tue, 01 Jul 2008 12:06:37 EDT Railroad equipment supplier Wabtec Corp. said Monday it signed an agreement to buy Italian rail braking equipment manufacturer Poli SpA for 53 million euros ($82.6 million) in cash. http://www.ibtimes.com/articles/20080519/wabtec-agrees-to-buy-poli-spa-for-82-6-million.htm Mon, 19 May 2008 07:48:31 EDT