Navistar’s 4Q Income Jumps
Navistar International Corp.’s fourth-quarter net income jumped to $275 million, from $56 million a year ago on higher truck, engine and military sales, the company said Tuesday.
December 20, 2011Icahn Sees Positives in Potential Navistar-Oshkosh Merger
Investor Carl Icahn told CNBC that a potential merger between Navistar International Corp. and Oshkosh Corp. would “be a good merger” that would “create a lot of synergies.”
December 7, 2011Icahn Won’t Seek Representation on Navistar’s Board
Investor Carl Icahn, who bought a 9.8% stake in Navistar International Corp. last month, will not seek representation on the company’s board and will vote for Navistar’s board nominees next year.
November 15, 2011Navistar Updates ProStar, TranStar Specs
GRAPEVINE, Texas — Truck and engine maker Navistar Inc. has tweaked the designs and specifications on its Class 8 ProStar and TranStar tractors in order to lure fleet customers with what its management sees as better ways to comply with recent federal regulations.
November 2, 2011Investor Carl Icahn Buys 9.8% Stake in Navistar
Billionaire investor Carl Icahn bought a 9.8% stake in Navistar International Corp., making him the second-biggest holder in the company, Bloomberg reported.
October 14, 2011Navistar-Caterpillar Trucking Joint-Venture Becomes Navistar Unit
The trucking joint-venture between Navistar Inc. and Caterpillar Inc. will become a Navistar subsidiary, the two companies said.
October 3, 2011Navistar to Open Third Plant in Alabama
Navistar International Corp. said it plans to sign a lease agreement that would give the company a third plant in Alabama.
September 30, 2011Navistar Posts 3Q Profits, Cites Supplier Problems
Truck maker Navistar International Corp. reported a jump in quarterly profits boosted mainly by a tax-related adjustment and said its sales have accelerated but are still held back by problems with components suppliers.
September 12, 2011Navistar’s 3Q Profit Jumps on Tax Gain; Company Plans 5% Stock Buyback
Navistar International Corp. said Wednesday its fiscal third-quarter profit jumped on an income tax gain, though its truck unit reported a loss due to restructuring charges.
September 7, 2011Navistar to Shut Ontario Truck Plant; Chassis Works Also to Close
Navistar Inc. said that it will permanently close its heavy-duty truck manufacturing plant in Chatham, Ontario, which has been mothballed for two years because of a labor dispute.
August 8, 2011