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Stock Market & Financial Investment News

News Breaks
June 2, 2014
16:42 EDTVOLVY, PCAR, DDAIF, NAV, CMIApril 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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March 26, 2015
07:23 EDTVOLVY, CMI, PCARUBS to hold a field trip
Field Trip: 2015 Mid-America Trucking Show is being held in Louisville, KY on March 26.
March 25, 2015
11:08 EDTCMICummins management to meet with Jefferies
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March 24, 2015
15:37 EDTNAVGabelli raises stake in Navistar to 12.3% from 11.21%
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10:01 EDTCMIOn The Fly: Analyst Upgrade Summary
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08:44 EDTPCAR, NAVCommercial vehicles peak cycle concerns overdone, says RW Baird
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07:02 EDTCMICummins upgraded at RW Baird
Baird upgraded Cummins to Outperform from Neutral and raised its price target to $166 from $155. The firm said expectations have been reset and the company is poised to deliver steady earnings growth and shareholder returns. Baird believes the North American truck cycle can last longer and at higher levels than consensus expectations and thinks Cummins' stable cash flow will likely continue to enhance shareholder value.
06:09 EDTCMICummins upgraded to Outperform from Neutral at RW Baird
March 22, 2015
17:01 EDTPCARWestern Digital, PACCAR, two others look discounted, Barron's says
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March 19, 2015
11:39 EDTNAVNavistar management to meet with Jefferies
Meeting to be held in Louisville, KY on March 25 hosted by Jefferies.
11:38 EDTCMIGE Marine announces Reinauer purchases two diesel engines, gearboxes
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10:20 EDTVOLVYReport: Volvo may oust CEO Olof Persson in next 1-2 weeks, Reuters says
Volvo (VOLVY) may oust CEO Olof Persson as the automaker faces lower profit, reports Reuters, citing a Swedish business daily Dagens Industri report. According to unnamed sources, an announcement about the CEO's departure could come within one or two weeks. One likely successor could be Volkswagen's (VLKAY) Scania head Martin Lundstedt. Reference Link
March 18, 2015
10:00 EDTNAVOn The Fly: Analyst Downgrade Summary
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08:35 EDTNAVNavistar downgraded to Underweight from Equal Weight at Morgan Stanley
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06:33 EDTNAVNavistar downgraded to Underweight from Equal Weight at Morgan Stanley

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