On Friday, Shares of PACCAR Inc (NASDAQ:PCAR), subtract -1.22% and closed at $59.03 in the last trading session. The last trading range of the stock ranges between $58.74 and $60.21. The company’s Market capitalization is $20.44 Billion with the total Outstanding Shares of 350.53 Million. During the 52-week trading session the minimum price at which share price traded, registered at $43.46 and reached to max level of $60.86. PACCAR (PCAR) is launching exciting new power, torque and fuel efficiency enhancements to its MX-13 and MX-11 engines for North America. The new engines will be available in Kenworth and Peterbilt trucks in January 2017. “The PACCAR MX-13 and MX-11 engines are designed to deliver optimum performance, durability, fuel economy, and the lowest total cost of ownership for our customers,” said Landon Sproull, PACCAR vice president.
PACCAR raised the MX-13 engine’s output to 510 hp and 1,850 lb.-ft. of torque and raised the MX-11 engine’s output to 430 hp and 1,650 lb.-ft. of torque. The improved PACCAR MX-11 engine also adds a new 335 hp and 1,150 lb.-ft. torque rating in the lower end of the power range. PACCAR’s MX engines deliver peak torque at 900 RPM for the majority of engine ratings, supporting raised performance and driving flexibility.
PACCAR designs MX engines to an industry-leading B10 life of one million miles. This means 90% of the PACCAR MX-13 and MX-11 engines are expected to reach one million miles without the need for a major overhaul. Each PACCAR MX engine also comes standard with factory-installed remote diagnostics to deliver proactive customer support. This translates into low cost of ownership and superior uptime for truck owners.
Shares of Louisiana-Pacific Corporation (NYSE:LPX), subtract-2.09% and closed at $18.77 in the last trading session. The last trading range of the stock ranges between $18.74 and$19.23. The company’s Market capitalization is $2.61 Billion with the total Outstanding Shares of 142.16 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $13.31 and reached to max level of $20.97. Louisiana-Pacific Corporation (LP) (NYSE: LPX) will conduct its third quarter 2016 financial results webcast on Monday, Oct. 31, 2016, at 11 a.m. EDT (8 a.m. PDT).
The company will release its results before the market opens that morning. Hosting the call will be LP’s Chief Financial Officer, Sallie Bailey.