Post GE Transportation Merger, Wabtec To Join S&P 500, Barron’s Is A Fan, But Could Labor Unrest Derail Wabtec Stock?

There’s a lot of news to report as GE(GE) completes its spinoff of GE Transportation on Monday, February 25 and merges it with Wabtec(WAB) immediately thereafter.  As we theorized last week, the bulked-up Wabtec will be added to the S&P 500, replacing Goodyear Tire(GT). Goodyear will take Wabtec’s place in the S&P MidCap 400, making this a neat… Read More »