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October 3, 2013
06:33 EDTCMI, PCAR, NAVSeptember 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 6, 2015
08:48 EDTPCARPACCAR initiated with an Outperform at Macquarie
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July 2, 2015
14:42 EDTCMI, NAV, PCARClass 8 truck orders for June said to be 19,900 units
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June 30, 2015
10:54 EDTCMICummins announces retirement of Chief Technical Officer John Wall
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10:49 EDTNAVGM, Navistar may announce commercial truck venture, Forbes reports
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June 25, 2015
07:37 EDTNAVExecutives' Club of Chicago to hold a discussion
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