Navistar Continues on Path with Cummins
Navistar International Corp. (NYSE: NAV) is still in trouble after it had to cancel its big engine initiative. While that blunder may have cost billions of dollars when all was said and…
Navistar International Corp. (NYSE: NAV) is still in trouble after it had to cancel its big engine initiative. While that blunder may have cost billions of dollars when all was said and…
Navistar International Corp. (NYSE: NAV) may still want to remain an independent company, but the troubled truck and engine maker has managed to avoid a proxy fight. The price reaction on Monday…
In early September, activist investor Carl Icahn demanded four seats on the board of Navistar International Corp. (NYSE: NAV), calling the appoint of Lewis Campbell as chairman and interim CEO “worse than…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Altera Corp. (NASDAQ: ALTR) cut to Hold at Jefferies. ArcelorMittal (NYSE: MT) cut…
Activist investor Carl Icahn is nothing if he is not persistent. He is now calling on Navistar International Corp. (NYSE: NAV) to make four board seats available to shareholders immediately. Icahn, who…
The three major U.S. stock indexes opened higher this morning as expectations had been raised that the European Central Bank would institute some kind of bond-buying program to shore up the Eurozone’s…
Navistar International Corp. (NYSE: NAV) reported third-quarter 2012 earnings per share (EPS) of $1.22 on $3.3 billion in revenue before markets opened today. In the same period a year ago, the truck…
The three major U.S. stock indexes opened flat to slightly lower again this morning even though word leaked out of the European Central Bank’s likely bond-buying scheme (our coverage here). Official word…
Navistar International Corp. (NYSE: NAV) is trading higher today after some of yesterday’s big trading losses, but a research note is likely going to weigh on the shares even if it is…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St.research calls this Friday morning. Amgen Inc. (NASDAQ: AMGN) raised to Overweight at Piper Jaffray. Caterpillar Inc.…
The earnings warnings are spreading. Cummins Inc. (NYSE: CMI) tried to masquerade a negative 2012 outlook update by hiking its dividend 25% to $0.50 per share per quarter. The engine-maker talked about…
The three major US stock indexes opened sharply lower this morning following a tepid report on US job growth. The US economy managed to create just 80,000 jobs in June, below the…
Westport Innovations Inc. (NASDAQ: WPRT) is surging on news this morning that it has signed a second deal with General Motors Co. (NYSE: GM) for the company’s compressed natural gas engines for…
Navistar International Corporation (NYSE: NAV) is finding itself caught between a rock and a hard place. We have covered the reporting that Navistar could ultimately go bankrupt, but it could also end…
Navistar International Corporation (NYSE: NAV) has become one controversial stock. Some pundits are even saying that ultimately this company could be at risk of bankruptcy. Others believe that there is huge intrinsic…