PACCAR (PCAR) Ronald E. Armstrong on Q4 2015 Results 2016 will be another good year for Class 8 trucks “2016 will be another good year for the U.S. and Canadian Class 8 industry truck market with retail sales estimated to … Continued
E*TRADE Financial (ETFC) Paul Thomas Idzik on Q3 2015 Results There’s a big penalty for a bank when it crosses $50B in assets in the form of greater regulatory spending “as I said many times in previous calls when this … Continued
Strong deliveries due to economic growth and strong freight demand in NA and Europe “PACCAR delivered 41,600 trucks during the second quarter, an 8% increase versus the first quarter this year and slightly ahead of our expectations. The improvement reflects … Continued
Europe has been helped by the ECB “Europe’s economic outlook has been helped recently by the European Central Bank’s quantitative easing program and lower oil prices.” “We have raised our forecast for Europe’s greater than 16-tonne market to a range … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. The quotes are generally pieces of information that I find interesting or … Continued