Paccar Inc. (PCAR) reported third quarter net income of $13.0 million or 4 cents per share, compared to a net income of $299 million or 82 cents per share in the prior-year quarter. Results were substantially short of the Zacks Consensus Estimate of 2 cents due to the continued impact of the recessionary economy on moving freight shipments and truck sales.  Third quarter results included a one-time net gain of $9.0 million ($14.1 million pretax) related to the permanent closure of Peterbilt facility in Madison, Tennessee.  Results aggravate underlying concerns that recovery could be weak and uneven as high unemployment continues to slacken the growth in consumer expenditure that drives the economy.  Net sales and financial services revenues decreased 50.1% year over year to $2.0 billion.  The company has projected big rig sales in the U.S. in the range of 100,000 to 110,000 vehicles ...

L-3 Communications Holdings Inc. (LLL) yesterday bagged a $680 million contract from the US Air Force to serve as prime contractor on the T-1A Contractor Logistics Support (CLS) program. This will boost the dwindling order backlog of the company, which fell 20% year-over-year in the second quarter of fiscal 2009 to $3.3 billion.

The 60-day base contract, with eight option years, would be serviced by L-3's Systems Field Support operating unit, based in Madison, Mississippi. The company would provide program management of logistics, material supply support and repair overhaul services for 179 T-1A aircraft based at Vance Air Force Base, Oklahoma; Columbus Air Force Base, Mississippi; Pensacola Naval Air Station, Florida; and the Randolph and Laughlin Air Force Bases, Texas.

Headquartered in New York, L-3 Communications is a leading provider of Intelligence, Surveillance and Reconnaissance (ISR) systems and products; secure communications systems; aircraft modernization, training and government services; and is

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MADISON, Wis - Aaugust 5 2009 - MGE Energy, Inc. (Nasdaq: MGEE) entered into agreements to purchase land development rights for two wind generation sites in northeast Iowa.

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USEC Inc. (NYSE:USU) announced that it is requesting that the Obama administration review further the economic recovery and national and energy security benefits of providing a loan guarantee for the American Centrifuge Plant in Piketon, Ohio. This announcement comes in response to the U.S. Department of Energy’s (DOE) request that USEC withdraw its application for loan guarantee funding.

Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation (NYSE Amex:BKR), has opened an office in Madison, Wisconsin. This new location will serve clients at the Wisconsin and Minnesota Departments of Transportation as well as other transportation clients throughout the

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The rumors are back that Pfizer is negotiating to buy Wyeth, which would create a huge pharmaceutical company. br /br /blockquotePfizer, based in New York, has been negotiating with Madison, New Jersey-based Wyeth for months, one person said. A combination would create a drugmaker with annual sales of more than $70 billion, and best-selling medicines that include Pfizer’s cholesterol pill Lipitor, the world’s top-selling medicine with $12.7 billion in 2007 sales, and Wyeth’s Prevnar vaccine against pneumonia. /blockquotebr /br /Based on similar deals, the figures thrown around would put this deal around $60 billion. It is still speculation, and a few factors could push it higher. There are a few ways to look at this. To begin, I'm a Wyeth shareholder so I already am a believer in the quality of Wyeth. I think for Wyeth, a deal at $60 billion would ...

January 14, 2009 ndash; Yesterday Wisconsin Senator Russ Feingold introduced S. 222 to amend the Internal Revenue Code of 1986 to increase the national limitation on qualified energy conservation bonds and to clarify that certain programs constitute a qualified conservation purpose, and for other purposes; to the Committee on Finance. We expect to see further legislation supporting energy efficiency and alternative energy development. Here is the text from Feingoldrsquo;s comments on the floor:nbsp;nbsp;nbsp;nbsp; Mr. FEINGOLD. Mr. President, over the past few days I have introduced a series of bills that are part of my E4 Initiative, dubbed E4 because of its focus on economy, employment, education, and energy. Today I am introducing two bills that are part of this effort: the Community Revitalization Energy Conservation, CREC, Act of 2009 and the Energy and Technology Advancement, ETA, Act of 2009.nbsp;nbsp;nbsp;nbsp; The newest among my E4 bills is the Community Revitalization Energy Conservation, CREC, ...

Wyeth (WYE) is one of the world's largest research-driven pharmaceutical and healthcare products companies. The Madison, New Jersey-based companyÂ’s recent performance has been stunted due to the entry of generic Protonix in late 2007. EPS growth through 2009 will benefit from recently implemented productivity initiatives and share repurchases.

The company has a number of intriguing strategic alliances and potential billion dollar drugs in the late-stage pipeline. Recent pipeline setbacks will cause a drag on financial performance. Upside could have come from a favorable ruling on the Protonix patent but that has now been pushed back to the fourth quarter of 2009. AlzheimerÂ’s candidate bapineuzumab is a potential mega-blockbuster but we question its approvability.

We believe the current valuation is fair given the trade-off between the significant number of pipeline disappointments versus the potential for bapineuzumab to become a mega-blockbuster. We expect 2008 revenue to be up about 5% compared to

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