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Stock Market & Financial Investment News

News Breaks
June 2, 2014
16:42 EDTNAV, PCAR, CMI, DDAIF, VOLVYApril truck data positive for Navistar, PACCAR, says Wells Fargo
Wells Fargo says that according to Ward's April 2014 data, April Class 8 truck factory shipments were essentially flat with March and up 8% year-over-year. Wells says truck engine market share gains occurred at Navistar, (NAV) and PACCAR (PCAR), while declining at Daimler (DDAIF), Cummins (CMI) and Volvo (VOLVY). The firm views the report as a modest positive for Navistar and PACCAR.
News For NAV;PCAR;CMI;DDAIF;VOLVY From The Last 14 Days
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October 24, 2014
05:18 EDTVOLVYVolvo reports Q3 EPS SEK 0.74 vs. SEK 0.68 last year
Reports Q3 revenue SEK 67.2B vs. SEK 64.9B last year. Volvo CEO Olof Persson stated, “The activities within the Strategic Program 2013-2015 are being implemented as planned. We have identified additional opportunities to reduce our structural cost level and we are therefore increasing the scope of our strategic program with the following activities: Implement further cost-reduction activities in Volvo CE, reorganize Group Trucks Sales in order to increase efficiency and reduce costs and review what is core and non-core in in our IT operations.”
October 23, 2014
05:28 EDTDDAIFDaimler AG sees FY14 Group revenue increasing 'significantly'
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05:25 EDTDDAIFDaimler AG reports Q3 EPS EUR 2.56 vs. EUR 1.72 last year
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October 22, 2014
06:42 EDTVOLVYVolvo management to meet with Piper Jaffray
Meetings to be held in San Francisco on October 28 and in Los Angeles on October 29 hosted by Piper Jaffray.
October 15, 2014
13:16 EDTCMICummins upgraded to Buy from Hold at Standpoint Research
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10:02 EDTDDAIFOn The Fly: Analyst Upgrade Summary
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05:30 EDTDDAIFDaimler AG upgraded to Overweight from Underweight at Barclays
October 14, 2014
05:56 EDTDDAIFDaimler sees FY14 industrial free cash flow significantly lower than last year
Daimler is reviewing its guidance for the free cash flow of its industrial business excluding the effects of acquisitions and disposals for FY14. Hitherto, Daimler had assumed that the free cash flow of the industrial business adjusted for the effects of acquisitions and disposals would probably be significantly lower in 2014 than in the previous year. The individual divisions continue to aim for the following EBIT from the ongoing business in FY14: Mercedes-Benz Cars: significantly above the prior-year level, Daimler Trucks: significantly above the prior-year level, Mercedes-Benz Vans: at the prior-year level, Daimler Buses: significantly above the prior-year level, and Daimler Financial Services: slightly above the prior-year level.
05:55 EDTDDAIFDaimler reports Q3 industrial free cash flow ex-items EUR 2.9B
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October 13, 2014
14:34 EDTCMICummins sell-off a buying opportunity, says Argus
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