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Fly News Breaks for November 19, 2018
ETN, ALSN, WBC, CMI, PCAR, NAV
Nov 19, 2018 | 09:55 EDT
JPMorgan analyst Ann Duignan noted that ACT Research released final truck data for October, reporting that North American Class 8 retail sales of 30,676 units, up 29% year-over-year. Net orders of 43,300 units were up 20% and the cancellation rate increased to 20.1%, which may be a healthy sign if OEMs are challenging dealer orders for inventory, Duignan added. Class 8 truck order data may impact Navistar (NAV), Paccar (PCAR), Cummins (CMI), Eaton (ETN) and Allison Transmission (ALSN).
News For NAV;PCAR;CMI;WBC;ALSN;ETN From the Last 2 Days