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Stock Market & Financial Investment News

News Breaks
July 3, 2014
06:08 EDTPCAR, DDAIF, VLKAYVolkswagen denies reports of PACCAR takeover, Dow reports
A spokesman for Volkswagen (VLKAY) said there is "no truth" to reports that the German automaker is planning an acquisition bid for PACCAR (PCAR), Dow Jones reports. The denial follows research reports from Bernstein and ISI Group which quoted Daimler (DDAIY) truck chief Wolfgang Bernhard as saying he has been told that Volkswagen wants to take over Paccar, the report adds. Reference Link
News For PCAR;VLKAY;DDAIF From The Last 14 Days
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April 17, 2015
06:53 EDTVLKAYVolkswagen CEO to stay in position despite fallout with chairman, Reuters says
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April 16, 2015
10:00 EDTDDAIFOn The Fly: Analyst Upgrade Summary
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06:02 EDTVLKAYVolkswagen's supervisory board to meet to resolve leadership dispute, WSJ says
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05:45 EDTDDAIFDaimler AG upgraded to Conviction Buy from Buy at Goldman
Goldman Sachs upgraded Daimler AG to Conviction Buy saying the auto recovery in Europe is sustainable.
April 12, 2015
19:15 EDTVLKAYVolkswagen chairman has 'distanced' himself from CEO, Reuters says
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April 7, 2015
13:32 EDTDDAIFDaimler, Nissan announce pickup truck partnership
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April 6, 2015
09:51 EDTVLKAYVolkswagen to increase TN plant expansion, Chattanooga Times Free Press says
Volkswagen looks to increase a a planned expansion at its Chattanooga plant by another 130,153 square feet, reports the Chattanooga Times Free Press. According to city documents, the increase would boost the size of the originally planned expansion by about 25% and would cost nearly $18M more. Reference Link
07:30 EDTPCARJPMorgan still sees elevated truck production in 2015
JPMorgan notes Class 8 truck orders for March dropped 9% year-over-year to 25,100 units, a number that impacts Navistar (NAV), PACCAR (PCAR), Cummins (CMI), Allison Transmission (ALSN) and Eaton (ETN). The firm said Thursday that despite the weaker orders for March, investors should continue to have confidence that production will remain elevated in 2015.

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