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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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April 24, 2014
08:43 EDTNAVNavistar increasing production in 2H14 in Mexico and Tulsa plants
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April 23, 2014
10:51 EDTCMICaterpillar trends may be better than retail sales suggest, says Wells Fargo
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April 15, 2014
17:41 EDTNAVCarl Icahn boosts stake in Navistar to 17.64% from 16.55%
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