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Stock Market & Financial Investment News

News Breaks
December 3, 2013
17:05 EDTCMI, NAV, PCARNovember 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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September 18, 2014
10:05 EDTPCARPACCAR management to meet with Piper Jaffray
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September 16, 2014
09:59 EDTCMIOn The Fly: Analyst Downgrade Summary
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05:32 EDTCMICummins downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Cummins to Market Perform on concerns the company will struggle to meet 2015 consensus expectations due to emerging market demand weakness, slower power generation improvement and warranty accrual headwinds in Engines. Wells lowered its price target range for shares to $145-$148 from $170-$173.
September 9, 2014
12:02 EDTNAVOptions with decreasing implied volatility
Options with decreasing implied volatility: KERX CIEN FNSR PAY BKS PVH NAV BYI FTR JOY
September 5, 2014
10:50 EDTNAVOptions with decreasing implied volatility
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