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Navistar International News

News on Navistar International (Ticker: NAV) continually updated from thousands of sources around the net.

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.

Comment?

Related Topix: Automakers, Oshkosh Truck

Thu Feb 09, 2012

Reuters

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.

Comment?

Related Topix: Automakers

Wed Feb 08, 2012

Bloomberg

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.

Comment?

Related Topix: Manufacturing, Industrial Machines, Scientific Instruments, Danaher, Auto Dealers, Retail, Autonation, us Travel, Travel, Travel/Tourism, pricelinecom, Computers, Automakers

Tue Feb 07, 2012

Today's Trucking

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.

Comment?

Related Topix: Automakers

Mon Feb 06, 2012

Wall St. Cheat Sheet

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.

Comment?

Related Topix: Manufacturing, Automakers, Cummins, Stericycle, Environmental, Waste Management, Construction, Insurance, Caterpillar, Boating, Brunswick, Briggs and Stratton Corporation

Fri Feb 03, 2012

Transport Topics

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.

Comment?

Related Topix: Automakers

Brandon Sun

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.

Comment?

Related Topix: Manufacturing, Automakers, Cummins, Westport Innovations

Truck News

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.

Comment?

Related Topix: Automakers, Lisle, IL

MSN Money

Trading on disappointment

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.

Comment?

Related Topix: Automakers, Johnson Controls, Manufacturing, Textiles, Industrial Machines, Eaton

Thu Feb 02, 2012

AmericanBankingNews.com

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.

Comment?

Related Topix: Banking, Automakers, JP Morgan Chase

KWQC-TV Davenport

This Hour: Latest Illinois news, sports, business and entertainment

Illinois Gov. Pat Quinn and the chief executive of Chrysler have announced that the automaker will add more than 1,800 jobs by this summer at its assembly plant in northern Illinois.

Comment?

Related Topix: Illinois, Pat Quinn, US Governors, Lisle, IL, Automakers, US Politics, US News, US House of Representatives, Democrat, Rahm Emanuel

Mass Transit

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.

Comment?

Related Topix: Alternative Energy, Energy, Marketing, Automakers, Trucking

Wed Feb 01, 2012

The Washington Post

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.

Comment?

Related Topix: Automakers, Manufacturing, Bendix Commercial Vehicle Systems, Elyria, OH, Business News

Naperville Sun

Mr. Sheahan goes to Navistar

The latest DuPage County Board member to step down has a new connection to the workings of local taxing bodies.

Comment?

Related Topix: Automakers, Dupage County, IL, Elmhurst, IL, Lisle, IL, Naperville, IL

Daily Herald

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.

Comment?

Related Topix: Automakers, Pat Quinn, US Governors, Warrenville, IL, Motorola

Reuters

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.

Comment?

Related Topix: Automakers, Alternative Energy, Energy, Renewable Energy (Green Energy)

Reuters

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.

Comment?

Related Topix: Automakers

Tue Jan 31, 2012

Green Car Congress

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.

Comment?

Related Topix: Automakers

Sun Jan 29, 2012

Wall St. Cheat Sheet

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.

Comment?

Related Topix: Rubber-Plastics, Wells Fargo , Banking, Financial Services, Chemicals, Eastman Chemical, Solutia, Automakers, Oshkosh Truck

Fri Jan 27, 2012

KDVR

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.

1 comment

Related Topix: Oshkosh, WI, Automakers, US Securities and Exchange Commission, Financial Services, Marketing

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