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Big truckmakers bet on hydrogen to extend combustion engine life

FOCUS-Big truckmakers bet on hydrogen to extend combustion engine life By Christina Amann and Nick Carey BERLIN/LONDON, Aug. 1 (Reuters) - Some of the world's biggest truckmakers, including Volvo and MAN , are reworking combustion engines to run on low-emission hydrogen instead of polluting diesel, a quicker low-cost fix to their energy transition challenge that may give the dying technology a fresh lease of life.
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U.S. Alphabet, GE Aerospace, Tesla

U.S. RESEARCH ROUNDUP-Alphabet, GE Aerospace, Tesla July 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, GE Aerospace and Tesla, on Wednesday. HIGHLIGHTS * Alphabet Inc GOOGL.O : Piper Sandler raises target price to $206 from $200 * GE Aerospace GE.N : JP Morgan raises target price to $190 from $175 * HCA Healthcare Inc HCA.N : Leerink Partners raises target price to $396 from $367 * Kimberly-Clark Corp
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U.S. STOCKS Lockheed Martin, NBT Bancorp, Centene

BUZZ-U.S. STOCKS ON THE MOVE-Lockheed Martin, NBT Bancorp, Centene Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on a boost from megacaps ahead of Alphabet and Tesla earnings on Tuesday, as investors assessed if the recent rally had fuel enough to sustain the charge, while United Parcel Service hit a nearly four-year low on weak results.
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Truckmaker PACCAR falls on lower Q2 profit

BUZZ-Truckmaker PACCAR falls on lower Q2 profit ** Shares of truckmaker PACCAR PCAR.O slide 8.4% to $99.93, briefly touching a six-month low ** Stock on track to post its biggest single-day percentage decline since August 2011, if losses hold ** The maker of Kenworth, Peterbilt and DAF trucks posts Q2 EPS of $2.13 vs $2.33 a year earlier ** Company lowers annual industry retail sales forecast for Class 8 trucks in the U.S.
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PACCAR's second-quarter profit falls on higher capital spend

PACCAR's second-quarter profit falls on higher capital spend July 23 (Reuters) - U.S. truckmaker PACCAR Inc PCAR.O reported a fall in its second-quarter profit on Tuesday, marginally missing estimates, hurt by inflationary pressures and high capital spending. Shares of the company, which makes trucks under the Kenworth, Peterbilt and DAF brands, were down 6.3% in early trading .
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Paccar Inc reports results for the quarter ended in June - Earnings Summary

Paccar Inc reports results for the quarter ended in June - Earnings Summary Paccar Inc PCAR.OQ reported quarterly adjusted earnings of $2.13​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of $2.33. The mean expectation of sixteen analysts for the quarter was for earnings of $2.14 per share.
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Paccar Inc <PCAR.OQ> expected to post earnings of $2.14 a share - Earnings Preview

Paccar Inc expected to post earnings of $2.14 a share - Earnings Preview Paccar Inc PCAR.OQ PCAR.O is expected to show a fall in quarterly revenue when it reports results on July 23 (estimated) for the period ending June 30 2024 The Bellevue Washington-based company is expected to report a 1.3% decrease in revenue to $8.329 billion from $8.44 billion a year ago, according to the mean estimate from 13 analysts, based on LSEG data.
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Brazilian miner Vale partners with Komatsu, Cummins to develop low-emission trucks

Brazilian miner Vale partners with Komatsu, Cummins to develop low-emission trucks July 11 (Reuters) - Brazilian mining giant Vale VALE3.SA said on Thursday it has partnered with Japan's Komatsu 6301.T and U.S.-based Cummins CMI.N to develop and test haul trucks powered by a mixture of ethanol and diesel. The dual-fuel engines made by Cummins will be retrofitted to the mining company's existing fleet of diesel-powered haul trucks, making them capable of using up to 70% ethanol and reducing direc
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Arm Holdings PLC ARM.OQ +6.6% Advanced Micro Devices Inc AMD.OQ +4.8% Meta Platforms Inc META.OQ +4.4% MercadoLibre Inc MELI.OQ +4.2% GlobalFoundries Inc GFS.OQ +3.8% Bottom Performers Percent Change Micron Technology Inc MU.OQ -3.7% Paccar Inc PCAR.OQ -2.3% Diamondback Energy Inc FANG.OQ -1.8% PDD Holdings Inc PDD.OQ -1.7% Warner Bros Discovery Inc WBD.OQ -1.2% The Nasdaq 100 .ND
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U.S. STOCKS Tesla, Archer Aviation, Novo Nordisk

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Archer Aviation, Novo Nordisk Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 edged up on Tuesday, boosted by gains in Tesla and megacap stocks, while the Dow was flat with investors assessing Federal Reserve Chairman Jerome Powell's comments on the need for more evidence before cutting rates.
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U.S. STOCKS Tesla, Pure Storage, Rivian

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Pure Storage, Rivian Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street indexes traded lower on Tuesday after Federal Reserve Chairman Jerome Powell said more evidence was needed before cutting interest rates, while gains in Tesla shares kept losses in check.
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Truist cuts PTs for U.S. machinery companies ahead of Q2 earnings

BUZZ-Truist cuts PTs for U.S. machinery companies ahead of Q2 earnings ** Truist Securities cuts PTs for machinery companies, especially farm equipment makers, reflecting continued weakness in industrial demand ** Also cites longer-than-expected inventory destocking across distribution channels Company New PT Old PT Brokerages' median - LSEG data D
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Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO

BRIEF-Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO June 4 (Reuters) - Cummins Inc CMI.N : ACCELERA BY CUMMINS, DAIMLER TRUCK AND PACCAR COMPLETE BATTERY JOINT VENTURE TRANSACTION TO FORM AMPLIFY CELL TECHNOLOGIES AND NAMES NEW CEO ACCELERA : AMPLIFY WILL SOON BEGIN CONSTRUCTION OF A 21-GIGAWATT HOUR (GWH) FACTORY IN MARSHALL COUNTY, MISS., WITH POTENTIAL FOR FURTHER EXPANSION ACCELERA : AMPLIFY FACTOR
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