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Stock Market & Financial Investment News

News Breaks
May 30, 2014
16:12 EDTPCAR, CMI, NAVChecks suggest May truck orders similar to last month, says Wells Fargo
Wells Fargo said its checks indicate May truck orders were likely similar to April. The firm estimates that Class 8 orders will come in at 23,000-26,000 units, which would be down 1% from April at the midpoint. Wells said the flat month-over-month data suggests a potential further deceleration and could put modest short-term pressure on truck related stocks like Cummins (CMI), Navistar (NAV) and PACCAR (PCAR).
News For CMI;PCAR;NAV 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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