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Oshkosh Corp. (OSK, $9.60, -$2.64, -21.57%) reported a wider fiscal second-
quarter loss than expected on slumping sales at its commercial and
construction-access equipment units. A rise in fire and emergency and
defense sales couldn't offset the 69% fall for construction and the maker of
fire trucks and construction vehicles suspended its dividend, likely until
the economy recovers.
Patriot Coal Corp. (PCX, $6.30, +$0.88, +16.24%) swung to a first-quarter
profit, beating expectations as the coa
quarter loss than expected on slumping sales at its commercial and
construction-access equipment units. A rise in fire and emergency and
defense sales couldn't offset the 69% fall for construction and the maker of
fire trucks and construction vehicles suspended its dividend, likely until
the economy recovers.
Patriot Coal Corp. (PCX, $6.30, +$0.88, +16.24%) swung to a first-quarter
profit, beating expectations as the coa