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WAB News3 articles
Wabtec Lands $700M Guinea Rail Deal After Hours
Wabtec signed a $700M+ rail-services agreement for Guinea's Simandou iron-ore project after Monday's close, equal to 2.3% of its June backlog.
Vantora Secures $100M to Fund Customer-Owned AI Ventures
Vantora, the venture builder formerly known as UP.Labs, raised over $100M from Silversmith Capital Partners to scale its model of customer-owned AI ventures.
Wabtec Surges 11% as Order Backlog Swells, Driving Higher Valuation
Wabtec shares jumped 10.7% to $291.68 after Q2 results beat estimates and total backlog surged 41.7% to $30.93 billion, driving a 7.6% expansion in the forward P/E multiple.