Westinghouse Air Brake Technologies, headquartered in Pittsburgh, employs 29,000 and provides equipment and services for the rail industry, divided into Freight and Transit segments. The Freight Segment focuses on locomotives and components, while the Transit Segment supports passenger transit vehicles.
WAB has been in the news recently: U.S. stocks showed mixed results on Monday, with the Dow Jones index falling approximately 150 points. Cameco Corp's shares increased by over 11% to $67.29 due to a substantial earnings boost from its investment in Westinghouse Electric Company.
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