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Stock Market & Financial Investment News

News Breaks
December 3, 2013
17:05 EDTCMI, PCAR, NAVNovember Class 8 Truck Orders miss expectations, says Wells Fargo
Wells Fargo says November truck orders were below expectations and an indication that October's strong performance may have pulled order activity out of November. The firm notes November Class 5-8 truck net orders decreased 13% from October's 45,375 but grew 14% year-over-year. Class 8 orders were weaker than anticipated and fell 19% from October, it added. Wells views the report to be a short-term negative 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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November 19, 2014
09:01 EDTNAVCleveland Research is more cautious on Navistar
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November 18, 2014
16:07 EDTNAVCompass Minerals names Matthew Foulston new CFO
Compass Minerals (CMP) announced that Matthew J. Foulston will join the company as CFO effective Dec. 2. Foulston comes to Compass Minerals from Navistar International (NAV) in Chicago where he was the senior vice president of operations and corporate finance. Previously, he was the vice president and chief financial officer at Navistar Truck. He also served as senior vice president and chief financial officer at Mazda North America and held several leadership positions at Ford Motor Company in Germany, the U.K. and the U.S.
November 16, 2014
17:04 EDTCMICummins could rise over 15% in FY15, Barron's says
Cummins shares could rise over 15% in FY15 as concerns look overdone, Barron's contends in a feature article. The company should benefit from the North American market and improvements in emerging markets, the paper adds. Reference Link
November 13, 2014
09:08 EDTCMIAllison Transmission and Cummins receive ARB approval for propulsion systems
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November 12, 2014
13:31 EDTCMICummins downgraded to Hold from Buy at Standpoint Research
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