Jefferies Maintains a 'Buy' on PACCAR (PCAR); Adjusting Estimates
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Wells Fargo Downgrades PACCAR (PCAR) to Underperform; Stock Price Rise with Fundamental Deterioration Suggests Issues
September 12, 2012 7:50 AM EDTWells Fargo downgraded PACCAR (NASDAQ: PCAR) from Market Perform to Underperform, price target range of $35-$38.
Analyst, Andrew Casey, said, "PCAR decreased its Q3 2012 production forecast, and we are decreasing our expectations. Q3 2012 global production is now expected to decrease 15-20% from Q2... More
Paccar, Inc. (PCAR) Declares $0.20 Quarterly Dividend; 1.9% Yield
September 11, 2012 5:02 PM EDTPaccar, Inc. (NASDAQ: PCAR) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.
The dividend will be payable on December 4, 2012, to stockholders of record on November 16, 2012, with an ex-dividend date of November 14, 2012.
The annual yield on the dividend is 1.9 percent.... More
