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Stock Market & Financial Investment News

News Breaks
December 4, 2012
13:34 EDTPCARPaccar declares regular 20c dividend, 80c special dividend
PACCAR declared an extra cash dividend in the amount of eighty cents 80c per share, payable on December 28, to stockholders of record at the close of business on December 14. The Board of Directors also declared a regular quarterly cash dividend in the amount of twenty cents 20c per share, payable on March 5, 2013, to stockholders of record at the close of business on February 15, 2013.
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September 4, 2014
07:53 EDTPCARAugust Class 8 truck orders bwlow consensus, says Morgan Stanley
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07:20 EDTPCARAugsut truck orders well ahead of expectations, says Jefferies
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05:24 EDTPCARAugust Class 8 truck orders below expectations, says Wells Fargo
Wells Fargo notes that ACT Research reported August Class 5-8 truck orders were up 14% year-over-year but declined 6% from July. Class 8 net orders were 25,400, up 30% year-over-year and down 16% sequentially from July, below Wells' expectation of 27,000-30,000. The firm says Class 8 orders remained strong, however. Wells believes the modest Class 8 truck backlog decline may be a short-term neutral to negative for truck-related stocks, such as Cummins (CMI), Navistar (NAV) and PACCAR (PCAR).

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