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Stock Market & Financial Investment News

News Breaks
July 19, 2013
14:32 EDTCMI, NAV, PCARJune Class 8 data disappointing, says Wells Fargo
Wells Fargo notes that June Class 5-7 backlog was 16% higher year-over-year, while Class 8 was 6% beneath June of last year. The firm says Class 5-8 industry data was "somewhat disappointing" with lower backlog, net orders, and retail sales than May. Wells adds that Navistar's (NAV) June Class 5-7 retail sales market share was 26% in June, up from May’s 24% but beneath its 27% trailing twelve month market share and historical average of approximately 35%.
News For NAV;CMI;PCAR From The Last 14 Days
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May 5, 2015
09:06 EDTCMICummins and Agility Fuel Systems enter into partnership
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07:53 EDTPCARWells Fargo to hold a conference
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May 4, 2015
17:06 EDTPCAR, NAV, CMIApril Class 8 orders 'somewhat' weaker than expected, says JPMorgan
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15:56 EDTPCAR, NAV, CMIApril Class 8 unit orders reported to be 22,400 units
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April 30, 2015
08:51 EDTCMICummins management to meet with JPMorgan
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April 28, 2015
07:33 EDTCMICummins sees FY15 revenue up 2%-4%, consensus $19.85B
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07:33 EDTCMICummins reports Q1 EPS $2.14, consensus $2.14
Reports Q1 revenue $4.71B, consensus $4.54B. The increase year-over-year was driven by stronger demand in on-highway markets and distributor acquisitions in North America. Currency negatively impacted revenues by 3 percent compared to last year, primarily due to a stronger US dollar.
April 27, 2015
15:04 EDTCMINotable companies reporting before tomorrow's open
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April 21, 2015
08:02 EDTPCARPACCAR says DAF 'cooperating' with European Commission
DAF is cooperating with the European Commission and is preparing its response to the Statement of Objections issued in November 2014. The Statement expressed the Commission’s preliminary view that all major European medium- and heavy-duty truck manufacturers had participated in anticompetitive practices in the European Union. The Commission indicated that it will seek to impose significant fines on the manufacturers. The Commission will review the manufacturers’ responses before issuing a decision. Any decision would be subject to appeal. The Company is unable to estimate the potential fine at this time.
08:02 EDTPCARPACCAR reports Q1 EPS $1.06, consensus $1.01
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