New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 7, 2014
08:25 EDTBWA, BWA, GNTX, GNTX, MTOR, MTOR, CMC, CMC, WLK, WLK, PHM, PHM, PCAR, PCAR, BRP, BRP, CAT, CAT, BERY, BERYWells Fargo to hold a conference
Industrials & Construction Conference is being held in New York on May 7-8 with webcasted company presentations to begin on May 7 at 8:25 am; not all company presentations may be webcasted. Webcast Link
News For BERY;CAT;BRP;PCAR;PHM;WLK;CMC;MTOR;GNTX;BWA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 24, 2015
06:34 EDTWLKWestlake Chemical reports Q4 Olefins segment income from ops $243.6M
Reports Q4 Vinyls segment income from operations $66.3M. The increase in operating income was primarily due to the utilization of lower cost ethane feedstock following our conversion from propane feedstock at our Calvert City facility, which was completed in early 2014.
06:33 EDTWLKWestlake Chemical reports Q4 EPS $1.37, consensus $1.38
Reports Q4 revenue $1.14B, consensus $1.18B
February 23, 2015
10:08 EDTWLKHigh option volume stocks
Subscribe for More Information
February 20, 2015
12:53 EDTPCARCitigroup sees truck carrier stocks poised to outperform
With the U.S. economy growing quickly, the stocks of truck carriers are likely to outperform the S&P 500, Citigroup believes. WHAT'S NEW: Truck transportation prices and truck carrier stocks "respond most directly to economic growth," Citigroup analyst Christian Wetherbee wrote in a note to investors today. After carriers' truckload rates rose 4% last year, the rates should rise by a similar amount this year, Wetherbee predicted. Economic growth, along with the difficulties the carriers are experiencing with recruiting drivers, should be supportive of additional rate increases, the analyst stated. Wetherbee warned that the stocks of truck builders usually underperform during periods such as the current one, when a large amounts of U.S. class 8 trucks are being built. Consequently, truck carrier stocks present investors with an opportunity, while investors should be cautious on truck builders and parts suppliers, he wrote. Among truck carriers, Swift (SWFT) is particularly attractive, since it has underperformed its peers over the last year, Wetherbee stated. Additionally, the company's results appear likely to at least meet consensus estimates, the analyst predicted. He also kept a Buy rating on another truck carrier, Knight Transportation (KNX) and maintained a Buy rating on Cummins (CMI), which builds truck engines. The analyst kept a Hold rating on truck builder PACCAR (PCAR). OTHERS TO WATCH: Navistar (NAV) builds trucks and Celadon (CGI) is another truck carrier. PRICE ACTION: In early afternoon trading, Swift rose 1%, Knight Transportation gained 1.3%, Cummins added 0.7%, and PACCAR lost 0.5%.
06:27 EDTPCARTrucking stocks likely to outperform S&P 500, says Citigroup
Citigroup says its work indicates trucking stocks respond most directly to economic growth. With the economy on a growth trajectory, Citi expects trucking stocks are likely to outperform the S&P 500. The firm reiterates Buy ratings on Swift Transportation (SWFT) and Knight Transportation (KNX), with a preference for Swift. It also has a Buy rating on Cummins (CMI) and Neutral on PACCAR (PCAR).
February 19, 2015
11:11 EDTCATCaterpillar retail trends remain negative, says Wells Fargo
After Caterpillar reported earlier that its retail sales of machine declined 14% in the three month period ending in January, Wells Fargo noted that the trend worsened from December's 12% drop and that all regions reported declines. The firm believes retail trends remain negative for Caterpillar shares, on which it keeps a Market Perform rating.
10:32 EDTWLK, BERYHigh option volume stocks:
Subscribe for More Information
09:09 EDTCATCaterpillar reports retail machines sales down 14% in three months end January
Caterpillar reported in a filing that its total retail machines sales were down 14% on a three month rolling basis in January. For reference, retail sales of machines were down 12% in the period ending in December and were down 10% in the period ending in November. The company reported world Resources Industries sales down 27% in the January period, which was down fom the 22% drop in the December end period. Construction Industries world sales were down 10%, worse than the 9% drop in the December period. Total Energy & Transportation Retail Sales were up 22% in the January end period, which was the same growth rate as seen in the December period.
07:20 EDTCATCaterpillar facing multiple federal investigations, WSJ says
Subscribe for More Information
February 18, 2015
06:23 EDTCATCaterpillar discloses grand jury subpoena requesting financial information
Subscribe for More Information
February 17, 2015
07:48 EDTBRPBrookfield Residential announces ISS recommends to vote for acquisition
Subscribe for More Information
06:20 EDTBWABorgWarner risk/reward attractive following Q4 results, says Citigroup
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use