New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 31, 2014
10:37 EDTCMI, PCAR, VOLVYCummins rises after firm starts coverage with Buy rating
Shares of Cummins (CMI) are outperforming the market after research firm Argus initiated coverage of the truck engine maker with a Buy rating in a note to investors earlier today. WHAT'S NEW: Cummins should continue to benefit as truck manufacturers switch to more fuel efficient engines amid stricter environmental regulations and higher fuel costs, the firm predicted. The company's U.S. business should benefit from steady increases in engine sales this year, while its distribution unit should grow as a result of acquisitions, the firm predicted. It set a $162 price target on the stock. PRICE ACTION: In early trading, Cummins rose $3.40, or 2.3%, to $149.50. Meanwhile, truck maker PACCAR (PCAR) gained 1.75% to $67.75. AB Volvo (VOLVY), which makes components for trucks and buses as well as construction equipment, climbed 1.7% to $15.80.
News For CMI;PCAR;VOLVY From The Last 14 Days
Check below for free stories on CMI;PCAR;VOLVY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 21, 2014
07:18 EDTCMI, PCARJuly Class 8 sales rose 16% year-over-year, says JPMorgan
Subscribe for More Information
05:48 EDTVOLVYVolvo reports July truck deliveries down 9% to 15,410
Subscribe for More Information
August 20, 2014
10:39 EDTCMICaterpillar data may be negative for shares in short-term, says Wells Fargo
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use