UPDATE 2-Paccar posts higher 4th-quarter profit, lifted by Europe


* Earnings per share in line with expectations * Outlook suggests modest growth in key markets in 2014 * Shares fall as much as 4 percent (Adds details on European sales and U.S. outlook, updates shares) By James B. Kelleher Jan 31 (Reuters) - Paccar Inc reported a higher profit on Friday as the maker of commercial trucks and engines benefited from a big jump in demand in Europe, where customers rushed to purchase new vehicles ...


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