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Stock Market & Financial Investment News

News Breaks
January 31, 2014
08:02 EDTPCARPACCAR reports Q4 EPS 94c, consensus 93c
Reports Q4 revenue $4.6B, consensus $4.26B.
News For PCAR From The Last 14 Days
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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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