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Stock Market & Financial Investment News

News Breaks
October 3, 2013
06:33 EDTCMI, NAV, PCARSeptember Class 8 truck orders as expected, says Wells Fargo
Wells Fargo says September truck orders were about as expected, "good but not great." The firm added that it continues to await October activity to determine potential downside risk to its 2014 Class 8 unit production forecast of 290,000. Wells notes ACT Research reported preliminary September 2013 Class 5-8 truck net orders decreased 4% from August's 38,302 but increased 22% year-over-year. Wells views the numbers as a short-term neutral to very modest positive for truck-related stocks Cummins (CMI), Navistar (NAV) and PACCAR (PCAR).
News For CMI;NAV;PCAR From The Last 14 Days
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July 23, 2014
12:59 EDTCMIEarnings Preview: Caterpillar shares near 52-week high ahead of Q2 report
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10:44 EDTCMICaterpillar read-through modest negative for Cummins, says Wells Fargo
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July 17, 2014
10:00 EDTNAVOn The Fly: Analyst Initiation Summary
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July 16, 2014
17:38 EDTNAVNavistar initiated with an Overweight at Piper Jaffray
Target $46.

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