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News Breaks | | | | September 18, 2012 | | 07:25 EDT |  | PCAR | Paccar order rates could stay low for rest of 2012, says BMO Capital
After Paccar announced that its truck production for Q3 would drop more than expected, BMO Capital believes that order rates could stay below 2011 levels for the remainder of 2012. The firm lowered its EPS estimates but remains above consensus levels as it doesn't believe the company is facing longer term weakness. The firm maintains an Outperform rating. | |
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News For PCAR From The Last 14 Days Check below for free stories on PCAR the last two weeks. |
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| June 13, 2013 | | 11:55 EDT | | PCAR | Data shows NAV truck market struggled in May, says Wells Fargo
Wells Fargo says Ward's U.S. retail sales data for May shows that NAV continues to struggle with market share amid the engine technology transition. Class 8 truck market share for May dropped to 12.5% from 15.0% in April, with PACCAR (PCAR) and Volvo (VOLVY) gaining share and Daimler (DDAIF) losing share, Wells noted, citing Ward's data. | |
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