On Thursday, Shares of Westinghouse Air Brake Technologies Corp (NYSE:WAB), lost -0.34% to $92.86. 2.39 million shares of the company were exchanged.
Wabtec Corporation (WAB) has signed a definitive share purchase agreement to acquire from members of the Faiveley family about 51% of Faiveley Transport S.A. (Euronext Paris: LEY), a leading global provider of value-added, integrated systems and services for the railway industry with annual sales of about $1.2 billion. On July 27, Wabtec declared that it had made an irrevocable offer to acquire these shares. Faiveley Transport has now accomplished required labor group consultations and the majority shareholders have accepted the Wabtec purchase offer.
Wabtec has also reached a definitive tender offer agreement with Faiveley Transport and a definitive shareholders agreement with the majority shareholders of Faiveley Transport. Closing of the transactions is subject to various customary conditions, counting completion of remaining regulatory requirements.
Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based products and services for the freight rail and passenger transit industries worldwide.
Shares of Crown Castle International Corp (NYSE:CCI), surged 0.48% to $81.64, during its last trading session.
The share price of this stock traded recently in a range of $80.61 to $81.76. The company now has a market value of $27.31 billion.
Crown Castle International Corp. (CCI) declared that it plans to release its third quarter 2015 results on Wednesday, October 21, 2015, after the market closes. In conjunction with the release, Crown Castle has planned a conference call for Thursday, October 22, 2015, at 10:30 a.m. eastern time. The conference call may be accessed by dialing 800-289-0498 and asking for the Crown Castle call (access code 751635) at least 30 minutes proceeding to the start time. The conference call may also be accessed live over the Internet at http://investor.crowncastle.com. Any supplemental materials for the call will be posted on the Crown Castle website at http://investor.crowncastle.com.
Crown Castle International Corp., together with its auxiliaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia.
Finally, Shares of Lincoln National Corporation (NYSE:LNC), ended its last trade with 0.87% gain, and closed at $49.67.
Lincoln Financial Group (LNC) declared results of its Measuring Optimism, Outlook and Direction (M.O.O.D.) of America Survey, which found that many Millennials are struggling with financial preceding ties and how to plan for the future. According to the research, four in five 18 to 34-year olds say their top challenges comprise trying to understand their options for insurance coverage (83%) and retirement planning (79%). By comparison, 70 percent of the general population feels overwhelmed by insurance options and 67 percent stated feeling the same way about retirement choices.
As part of Lincoln Financial’s campaign to provide Millennials with informative tips and tools, the company has a dedicated section on its website. The resource is designed to drive positive outcomes by assisting Millennials focus on startning their financial action plan.
The most popular financial planning information source for Millennials, family members excluded, is online research (38%). This demographic is also more likely than any other generation to cite company shares on social media and sponsored digital ads as influential sources of information about a financial services company or product.
Lincoln National Corporation, through its auxiliaries, engages in multiple insurance and retirement businesses in the United States. It operates through Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments.
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