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Sogeclair: CONFIRMS ITS ELIGIBILITY FOR THE PEA-PME SHARE SAVING SCHEME, AND INDICATES ITS DIVIDEND PAYMENT DATE
Globenewswire· 2026-03-30 15:35
SOGECLAIR CONFIRMS ITS ELIGIBILITY FOR THE PEA-PME SHARE SAVING SCHEME, AND INDICATES ITS DIVIDEND PAYMENT DATE Blagnac, France, March 30th, 2026, after closing of the Stock Market. SOGECLAIR, supplier of innovative solutions with high added value for a safer and less-consuming mobility, confirms that it meets the eligibility criteria for the PEA-PME (small and medium-size enterprise share saving scheme) specified by Article L.221-32-2 of the French Monetary and Financial Code, ie: market capitalization low ...
Alstom S.A : Alstom signs a 5-year contract extension to operate and maintain the GO Transit and UP express fleets in Toronto, Canada
Globenewswire· 2026-03-20 07:30
Core Points - Alstom has signed a 5-year contract extension with Metrolinx to operate and maintain GO Transit and UP Express fleets in Toronto, valued at approximately 800 million euros ($1.3 billion CAD), running until 2031 [1][10] - The contract supports Alstom's operations for GO Transit and Union Pearson Express, with a team of nearly 1,300 managing over 117,000 GO rail trips and 56,000 UP Express trips in 2024-2025, achieving an on-time performance of over 97% [2][10] - Alstom's local Services Team has a 95% retention rate for O&M contracts, reinforcing its position as the leading private provider of operations and maintenance services in North America [3] Company Overview - Alstom is a market leader in rail services, offering a comprehensive portfolio of solutions that cover operations, maintenance, and public-private partnerships, benefiting customers through reduced operating costs and increased efficiencies [5] - The company operates over 25 active O&M projects globally, establishing itself as a trusted partner for transit authorities [6] - In Canada, Alstom employs over 5,000 skilled workers and is the only rolling stock manufacturer in the country, providing a full suite of services for major rail projects across various cities [7] Government Perspective - The Ontario government emphasizes that the renewed agreement with Alstom aligns with its plan to protect local jobs and enhance the reliability of the GO Transit network as service expands to meet regional demands [4]
Alstom S.A : Alstom signs a 5-year contract extension to operate and maintain the GO Transit and UP express fleets in Toronto, Canada
Globenewswire· 2026-03-20 07:30
Core Viewpoint - Alstom has signed a 5-year contract extension with Metrolinx to provide operations and maintenance services for GO Transit and UP Express fleets in Toronto, valued at approximately 800 million euros ($1.3 billion CAD), running until 2031 [1][9]. Group 1: Contract Details - The contract extension allows Alstom to continue its operations and maintenance services for GO Transit and Union Pearson Express, which are critical transit services in Ontario [2][9]. - In the 2024-2025 period, Alstom's team managed 117,020 GO rail trips and 56,494 UP Express trips, achieving an on-time performance rate exceeding 97% [2]. Group 2: Company Performance and Strategy - Alstom's local Services Team has contributed to a 95% retention rate of operations and maintenance contracts, reinforcing its position as a leading private provider in North America [3]. - The renewed agreement is part of the Ontario government's strategy to ensure local tax dollars support local workers, enhancing the reliability of the GO Transit network [4]. Group 3: Alstom's Market Position - Alstom is recognized as a market leader in rail services, offering a comprehensive portfolio that includes operations, maintenance, and public-private partnership solutions [5]. - The company operates over 25 active operations and maintenance projects globally, establishing itself as a trusted partner for transit authorities [6]. Group 4: Alstom's Presence in Canada - Alstom employs over 5,000 skilled workers in Canada and is the only rolling stock manufacturer in the country, providing a full suite of services for major rail projects [7]. - The company is positioned as Canada's national champion for urban rail mobility solutions, actively involved in projects across various Canadian cities [7].
L.B. Foster Details 2026 Outlook, Rail Tech Shift and Precast Growth at Sidoti Conference
Yahoo Finance· 2026-03-20 02:02
Kasel described Rail Products as the historical base of the company—supplying track materials to freight, transit, regional, and commuter rail customers—but said L.B. Foster has increasingly emphasized higher-value offerings that help customers operate more efficiently.Management highlighted three acquisitions over the past several decades that it said broadened capabilities and geographic reach: CXT (precast and prestressed concrete), Portec Rail in 2010 (which expanded the company’s presence beyond North ...
X @Bloomberg
Bloomberg· 2026-03-18 20:56
US regulators are seeking additional information about Union Pacific’s proposed takeover of Norfolk Southern, an unexpected hurdle for the rail industry’s biggest-ever deal https://t.co/tW3tim0g9l ...
Robot railcar tech firm adds former Wabtec CEO
Yahoo Finance· 2026-03-18 20:17
Intramotev, the technology company building autonomous railcars, said that former Chief Executive Ray Betler of locomotive manufacturer Wabtec has joined its board as an independent director. Betler worked as an engineer at Westinghouse, where he became the youngest head of engineering and later president and CEO in the company’s 120-year history. He joined Wabtec (NYSE: WAB) in 2008 and was later named chief operating officer, then president and CEO. Ray Betler During his tenure, Betler led Wabtec’s gl ...
Dragonfly Energy(DFLI) - 2025 Q4 - Earnings Call Transcript
2026-03-16 21:32
Dragonfly Energy (NasdaqCM:DFLI) Q4 2025 Earnings call March 16, 2026 04:30 PM ET Company ParticipantsDenis Phares - President and CEOLeanne Hayden - VP of Equity Research SustainabilitySzymon Serowiecki - IR Senior AssociateWade Seaburg - Chief Commercial OfficerConference Call ParticipantsChip Moore - Managing Director and Senior Research AnalystOperatorGood afternoon, ladies and gentlemen, and welcome to the Dragonfly Energy fourth quarter 2025 earnings conference call. At this time, all lines are in lis ...
Is Westinghouse Air Brake Technologies Stock Outperforming the Nasdaq?
Yahoo Finance· 2026-03-12 08:39
Company Overview - Westinghouse Air Brake Technologies Corporation (WAB) is a Pennsylvania-based transportation technology company focused on the global rail industry, with a market cap of $42.1 billion [1] - WAB is classified as a "large-cap stock" and is a major supplier of locomotives, rail components, and digital rail technologies, enhancing the safety, efficiency, and sustainability of freight and passenger rail networks [2] Stock Performance - WAB shares have decreased by 7.6% from their 52-week high of $266.27, reached on February 25, but have surged 13% over the past three months, outperforming the Nasdaq Composite's 3.7% decline during the same period [3] - Over the past six months, WAB shares have gained 28%, which is lower than the Nasdaq's 3.1% increase, while over the past 52 weeks, WAB has increased by 39.8%, compared to the Nasdaq's 30.3% rise [6] Financial Performance - WAB's strong financial performance and robust demand in the global rail industry have contributed to its stock outperformance, with solid revenue and earnings growth driven by higher locomotive deliveries and strong demand for rail equipment and modernization solutions [7] - The company has an expanding multiyear order backlog, providing greater visibility into future revenue streams, and has improved operational efficiencies and continued investment in digital rail technologies, enhancing market confidence in its long-term growth prospects [7] Competitive Position - WAB has significantly outperformed its competitor, Trinity Industries, Inc. (TRN), which saw gains of only 4.8% over the past 52 weeks and 7.8% over the past six months [8] - The stock has a consensus rating of "Moderate Buy" from 13 analysts, with a mean price target of $282.25, indicating a potential 14.7% premium to its current price levels [8]
Global Railway Engineering to Pilot GenFlat Collapsible Shipping Containers
Businesswire· 2026-03-10 15:00
Core Insights - GenFlat Holdings, Inc. has entered into trial agreements with Global Railway Engineering and Arkas Line to evaluate its collapsible shipping container technology, aimed at improving logistics efficiency and reducing costs [1][2] Group 1: GenFlat Holdings, Inc. - GenFlat is a provider of innovative collapsible shipping containers designed to enhance global logistics efficiency [1] - The company’s collapsible containers can save up to 75% on freight costs, terminal handling fees, and carbon emissions by allowing four empty containers to collapse into the space of one conventional container [1] - GenFlat operates as a container sales and leasing company, primarily supplying its patented marine containers to shipping line customers [1] Group 2: Global Railway Engineering - Global Railway Engineering is a South Africa-based company that provides rail logistics solutions and focuses on innovative, cost-effective, and sustainable rail solutions [1] - The trial with GenFlat will evaluate the collapsible container technology in real-world rail and intermodal operations, aiming to reduce repositioning costs and enhance sustainability [1] Group 3: Arkas Line - Arkas Line is a leading marine transportation and logistics company based in Turkey, which will also evaluate GenFlat's collapsible shipping container solution during a six-month trial starting in April 2026 [2]
X @The Economist
The Economist· 2026-03-08 17:40
For travellers between Belgrade and Novi Sad, Serbia’s second city, the improved line is welcome. But China’s Belt and Road Initiative is much more about trade than making it pleasanter for people to travel https://t.co/oy8RKg5hIR ...