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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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August 20, 2014
10:39 EDTCMICaterpillar data may be negative for shares in short-term, says Wells Fargo
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06:16 EDTDDAIFHitachi among auto-part makers fined by China, WSJ reports
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August 18, 2014
06:37 EDTDDAIFReport says Mercedes-Benz at fault for price-fixing in China, Reuters says
China's News agency Xinhua reported that the Jiangsu Province Price Bureau found Daimler's Mercedes-Benz responsible for charges which accused the company of fixing prices for after-sales services in the country, according to Reuters, citing the report. Reference Link
06:30 EDTVOLVYVolvo targets wealthy Chinese with vehicle revamp, Reuters says
Volvo's (VOLVY) latest generation of vehicles are revamped to include luxury designs and features that target China's wealthy population in hopes that the cars will reverse diminishing sales, according to Reuters citing comments from Volvo CEO Hakan Samuelsson. Samuelsson said, "Prices will be the same level as competitors like the Germans. Customers should not expect to buy them cheaper than an Audi (AUDVF)." Reference Link
August 14, 2014
17:32 EDTNAVIcahn Associates gives quarterly update on stakes
NEW STAKES: Gannett (GCI). INCREASED STAKES: Navistar (NAV), eBay (EBAY), and Icahn Enterprises (IEP). DECREASED STAKES: Netflix (NFLX). LIQUIDATED STAKES: Forest Laboratories (FRX).
August 11, 2014
07:15 EDTCMICummins and Allison Transmission remain well positioned says Barclays
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August 8, 2014
08:04 EDTNAVCore Molding enters supply agreement with Navistar
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