UPDATE 1-Wabco Q1 results beat market expectations

Newswire

(Recasts, adds details, share movement) April 30 (Reuters) - Vehicle control systems maker Wabco Holdings Inc posted quarterly results above Wall Street estimates, helped by growth in its Asian and European markets, and raised its 2008 estimates. For the latest quarter, the company, which provides braking, suspension and transmission control systems to the commercial truck and bus manufacturers, reported net income of $61.3 million, or 91 cents a share, compared with $40.1 million, or 58 ...

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