Daimler AG Trucks began preparing for a downturn in 2007, but now thanks to the credit crisis the slowdown in the sector could go on longer than expected, its top executive says.
Machinery makers such as Caterpillar Inc. and Deere & Co. may become buyers of smaller companies amid a wave of consolidation after the liquidity crisis eases, an analyst said Monday.
PITTSBURGH (AP) - Machinery makers such as Caterpillar Inc. and Deere & Co. may become buyers of smaller companies amid a wave of consolidation after the liquidity crisis eases, an analyst said Monday.
LONDON (AP) - British company Leyland Trucks said Thursday it would cut about 250 jobs, or a fifth of its work force, blaming a dramatic drop in demand.
Mr. Warren R. Staley has been named to PACCAR Inc?s (Nasdaq:PCAR) Board of Directors, effective December 9, 2008, according to Mark C. Pigott, PACCAR chairman and chief executive officer. Mr. Staley
PACCAR (Nasdaq:PCAR) will be presenting at the Goldman Sachs Global Industrials Conference at 8:00 a.m. EST on Thursday, November 6, 2008. A real-time audio Webcast of the presentation will be
Mr. Kirk S. Hachigian has been named to PACCAR Inc?s (Nasdaq:PCAR) Board of Directors, effective December 9, 2008, according to Mark C. Pigott, PACCAR chairman and chief executive officer. Mr.
Kenworth Truck Company?s plant in Chillicothe, Ohio, received the prestigious Global Six Sigma award for Best Project Achievement in the Health, Safety and Environment category at the recent 2008
“You should buy Freeport McMoRan (FCX), Caterpillar (CAT), PACCAR (PCAR).” This is what I hear from friends of mine, who are in the biz, all the time. They tell me how cheap these stocks are - 3, 6, 8 times earnings. “You are a value guy! How come you are not loading up on them?” they ask.
Let me tell you when I’ll buy “stuff” stocks (if ever do buy them because I’ve never really cared for the cyclicality of their business). It’s when...
Paccar (PCAR) is expected to report Q3 earnings Tuesday Oct. 21 before market open, with a conference call scheduled for 9:00 am ET.
Guidance
Analysts are looking for EPS of 87c on revenue of $3.85B. The consensus range is 79c to 96c for EPS, and $3.72B to $4.08B for revenue, according to First Call.
The credit crisis has shifted emphasis back to the importance of a strong balance sheet, something many investors willfully forgot about during the bull market through 2007. Those same investors, who once urged CEOs to take on debt to buy back stock, are now focused on upcoming debt maturities and refinancing fears. With the markets taking a bruising and most major stocks now valued at less than 10 times estimated 2008 earnings, this could be a historical opportunity to buy stocks at bargain-basement prices and wait for a recovery. Barron's Andrew Bary highlights twenty-five cash-rich companies that patient...
Many traders use a technique called dividend buying, which is the buying of stocks before they go ex-dividend and selling shortly after the ex-dividend date at roughly the same price, but receiving the dividend. This technique generally works only during a bull market. You may also want to check out the definitions of the various dividend dates.
There are over 30 stocks going ex-dividend in mid August. The following stocks all have market caps over $500 million, and yields over 1%. Several stocks have yields over 4%.
Ofheo warns of more GSE writedowns. Fannie (FNM) and Freddie (FRE) regulator Ofheo cautions the GSEs may be hit by more writedowns after they expanded their purchases of subprime and Alt-A mortgages even as other investors fled. The value of their $217B in 'non-agency' debt continues to fall as other firms write down their portfolios. "To the extent that [other] institutions recognize fair value losses on their private-label portfolios under GAAP, Fannie Mae and Freddie Mac may have to do so as well," it says. Freddie's exposure appears...
Paccar (PCAR) is expected to report Q2 earnings before market open Tuesday, July 22, with a conference call scheduled for 9:00 a.m. ET.
Guidance
Analysts are looking for EPS of 84c on revenue of $3.72B. The consensus range is 80c to 89c for EPS, and $3.56B to $3.97B for revenue, according to First Call. The company had previously stated that going through 2008, it expects that R&D will be comparable to the last few quarters of 2007, and it expects to see continued financial services growth in Europe. In Q1, Paccar reported EPS and revenue that...
Below we highlight the 25 stocks in the Nasdaq 100 with the lowest estimated P/E ratios for the current year.
As shown, Flextronics (FLEX) currently has the lowest at 8.93, followed by CDNS, AMGN and LRCX. One of the more surprising valuations on the list is that of Garmin (GRMN). Garmin is the GPS-maker that was once one of the most loved stocks on the street. After hitting $123.80 at the end of October, however, the stock has collapsed and is down 53% year to date. Its current...
The stock market is like a gigantic poker
game whereby each player is out for his/her own interests and there?s
a tremendous amount of emotions and strategies involved. In addition,
there are many mixes of players - the big fish and the small fish, the
professional and the newbie, the aggressor and the conservative player,
so on and so forth. However, there is one fundamental difference ?
the stock market offers you better odds because of information, particularly
in the digital age. Yet, what many of us keep seeing is that investors
often times do not use...
PACCAR Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company?s key business structure and operations, history and ...
After seeing the number of its locations double in four years, PACCAR Leasing Company continues its rapid expansion with the announcement of 14 independently owned additional locations throughout ...
PACCAR (NasdaqNM: PCAR) opened at $25.05. So far today, the stock has hit a low of $24.28 and a high of $25.99. PCAR is now trading at $25.98, down $0.41 (-1.55%). Over the last 52 weeks the stock ...
BELLEVUE, Wash. ? After seeing the number of its locations double in four years, PACCAR Leasing Company continues its rapid expansion with the announcement of 14 independently owned additional ...
PACCAR Leasing Company (PacLease) continues its Canadian franchise network expansion with the addition of a new full-service lease location in Moncton, New Brunswick. The new PacLease location is ...
"You should buy Freeport McMoRan (NYSE: FCX), Caterpillar (NYSE: CAT), PACCAR (NASDAQ: PCAR)." That is what I hear from friends of mine, who are in the biz, all the time. They tell me how cheap ...
PACCAR is global in nature but local in feel. You can make a positive impact in your field! PACCAR Financial Corporation (PFC) is a captive subsidiary of PACCAR Inc, a Fortune 200 company ...
(live-PR.com) - This Competitive Intelligence Report helps you to know more about your company, your industry, and your competitors. It makes you better informed about important issues like ...
Peterbilt says the new Model 335 hybrid/electric, aimed at applications like beverage and regional hauling, is available for order. It uses the Eaton Hybrid Electric Power System with an electric ...
Among one of the many benefits the PACCAR Medical Education Center will bring to Adena Health System is the opportunity for expanded educational events for local healthcare professionals not only ...
Daimler AG Trucks began preparing for a downturn in 2007, but now thanks to the credit crisis the slowdown in the sector could go on longer than expected, its top executive says.
NEW YORK (MarketWatch) -- Paccar said Tuesday that third-quarter earnings were $299 million, or 82 cents a share, compared to $302 million, or 81 cents a share, in the same period a year ago. Revenue rose to $3.68 billion compared to $3.45 billion. Analysts polled by FactSet Research estimated, on average, earnings per share of 86 cents and sales of $3.66 billion.
SAN FRANCISCO (MarketWatch) -- Paccar, Inc. shares dropped 10.5% on Tuesday after the truck maker posted mostly flat third-quarter earnings and warned of weaker results in the coming quarter and next year.
Christopher Rowane, manager of the Huntington Mid-Corp America fund, says that investors using quantitative models to examine the stock market unemotionally may find "a few more interesting things looking like buys, because the market has had a sell-off and things on some valuation models are looking more interesting," but noted that there hasn't been "an extreme movement" to where a lot more stocks are worth buying now.
SAN FRANCISCO (MarketWatch) -- Paccar's board named Tom Plimpton
vice chairman to replace Mike Tembreull who will be retiring in January 2009, the truck manufacturer said Wednesday. The board also named Jim Cardillo as president. Both appointments are effective Sept. 1.
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