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PACCAR Inc. (NASDAQ:PCAR): According to Wells Fargo, Class 8 truck overproduction still occurred last month although orders contracted. The firm predicts pressure on the 2013 production. It believes that truck makers’ earnings power will continue to be subdued through 1H13, and it also continues to believe that 2013 earnings expectations seem too optimistic.
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Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR): According to Leerink, Questcor’s sales of Acthar continue to see rising prescriptions, and the Aetna news doesn’t seem to be new. Aetna (NYSE:AET) has confirmed that Acthar is reimbursed as a second tier drug. Lazard Capital has defended Questcor.
Sprint Nextel Corp. (NYSE:S): Pacific Crest has stated that about 40 percent of Sprint’s iPhone sales will go to new customers, and the company will see benefits due to cost savings while Network Vision is released.
United Natural Foods, Inc. (NASDAQ:UNFI) shares fell after its guidance was disappointing, causing Argus to think that the company will keep benefiting from an organic and specialty food sales recovery. The firm keeps its Buy rating and a $62 target on the stock.
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