Modine Manufacturing Co.
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7 Losers From European Woes
By Masam Abbas - January 4, 2013 | Tickers: ATU, ALSN, CVGI, CMI, ETN, MOD, PCAR
ACEA reported a 17% year-over-year decline in the European heavy truck registrations in November. The European truck production has the largest incremental impact on Paccar’s (NASDAQ: PCAR) DAF nameplate, Cummins (NYSE: CMI), Eaton Corp (NYSE: ETN), Allison Transmission (NYSE: ALSN), Modine Manufacturing (NYSE: MOD), Commercial Vehicle Group (NASDAQ: CVGI) and Actuant Corp’s Engineered Solutions segment. Total Europe truck registrations were down 17% YoY in November and down 15 more »