UPDATE 2-Paccar profit up as truck orders rebound

Newswire

(Adds analyst comment, stock activity, byline) By Susan Kelly CHICAGO, July 24 (Reuters) - Paccar Inc. , the second-largest U.S. truck manufacturer, said on Thursday its quarterly earnings jumped 68 percent and beat analysts' expectations as orders for heavy-duty trucks picked up. "North American orders are up. That's a reflection of a slightly improving economy," said RBC Dain Rauscher analyst Robert Toomey, who rates Paccar's stock "sector perform." Analysts said market share gains ...

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