22 hrs ago | Seeking Alpha
Oshkosh's Enticing Valuation Also Offers A Potentially Lucrative Merger Kicker
We've concluded that Oshkosh could be worth between $43 and $46 per share if activist investor Carl Icahn--who owns nearly 10% of both companies' outstanding shares--succeeds in persuading Navistar to acquire the specialty vehicle manufacturer.
Owl Creek hedge fund cuts stake in Navistar
New York-based Owl Creek Asset Management, a $7 billion hedge fund, reported a 7-percent stake in truck and engine maker Navistar International Corp, down from an 8.4 percent stake in December, a regulatory filing showed on Thursday.
Delaware-Only Corporate Bylaw Restricting Investor Suits Comes Under Siege
Danaher Corp. , the maker of microscopes and water-treatment systems, was sued for adopting corporate bylaws that force shareholders to bring claims against the company solely in a Delaware court.
Paccar Recalls Trucks with Faulty Bendix Air-Brake Valve
Frontier Justice In light of recent developments over at the Detroit-Windsor border crossing, I thought it would be a ...more Paccar Inc., one of several manufacturers whose trucks are affected by problems with a Bendix air-brake valve, has issued a recall that includes 21 Kenworth and Peterbilt models.
Post Earnings Breakdown: Cummins and Stericycle
Cummins Inc. A reported net income above Wall Street's expectations for the most recent quarter.A Net income for Cummins Inc.
Faulty Bendix Valves Installed on Around 60,000 New Trucks
Editor's note: An earlier version of this story, and the Feb. 6 print edition of Transport Topics, incorrectly stated that malfunctions of the Bendix ATR-6 traction relay valve could disable the traction control and electronic stability control systems.
Cummins Westport to provide natural gas engines for Navistar trucks
Cummins Westport Inc. has received a contract to provide its natural gas engines for use in trucks made by Navistar, the company announced Friday.. The joint venture of U.S-based Cummins Inc.
Navistar outlines emissions strategy, hints of new products during Analyst Day
LISLE, Ill. -- Navistar International rolled out the red carpet to investors and analysts at its new ultra-modern global headquarters here this week, assuring them the company has a firm handle on its in-cylinder EPA2010 emissions strategy.
Pundits complain that this earnings season has been a bust, but companies that disappointed have actually held up -- or even rallied -- since blowing their quarters.
DA Davidson Analysts Reiterate a "Buy" Rating on Navistar
Navistar 's stock had its "buy" rating reiterated by analysts at DA Davidson in a research report issued to clients and investors on Thursday.
This Hour: Latest Illinois news, sports, business and entertainment
Clean Energy Signs Joint Marketing Agreement with...
Clean Energy Fuels Corp. , North America's leading provider of natural gas fuel for transportation, has signed a strategic joint marketing and fueling agreement with Navistar International Corp., global truck and engine manufacturer.
Bendix Defect Leads to Shipment Halt, Lower Navistar Outlook
Bendix Commercial Vehicle Systems LLC said it stopped shipping defective truck-brake parts that Navistar International Corp.
The latest DuPage County Board member to step down has a new connection to the workings of local taxing bodies.
Navistar CEO to lead Quinn exports group
Gov. Pat Quinn Wednesday tapped the CEO of Warrenville-based Navistar to head his Export Advisory Council, a group that will try to double the state's exports in the coming years.
UPDATE 3-Navistar to make natural gas trucks with Pickens
Truck and engine maker Navistar International Corp said it will partner with oil billionaire T. Boone Pickens' Clean Energy Fuels Corp to develop natural gas-powered trucks.
UPDATE 1-Navistar FY 2012 profit forecast misses Street
Truck and engine maker Navistar International Corp's fiscal 2012 adjusted earnings outlook missed market expectations, hurt by lower demand for military vehicles.
Navistar to take stake in Brazilian bus builder Neobus; to partner on ...
Navistar, Inc. is planning to enter into a global commercial bus partnership with Brazilian commercial bus body manufacturer San Marino Onibus e Implementos Ltda and will invest in the company.
Mergers and Acquisitions Recap: Wells Fargo Loan Purchases, Eastman Chemical's Huge Deal
BNP Paribas has received interest from Wells Fargo and other U.S. banks, as it isA reportedly trying to sellA up to $11B of loansA to oil and gas companies, the revenues from which it would use to bulk up its capital buffers.A BNPA has been getting offers with a discount of under 5%, and its loansA have also attracted potential Canadian buyers.
Oshkosh, Icahn to square off at director vote
Oshkosh Corp and activist investor Carl Icahn square off at the U.S. truckmaker's annual meeting on Friday, when shareholders vote on the billionaire's proposed slate of six directors.