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Navistar International Corp (NAV)

NAV on New York Consolidated

31.87USD
7 Dec 2016
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$1.00 (+3.24%)
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Latest Key Developments (Source: Significant Developments)

Navistar extends engine supply agreement with Power Solutions International
Wednesday, 19 Oct 2016 09:30am EDT 

Power Solutions International Inc : Navistar extends engine supply agreement with Power Solutions International through 2021 . Extended its engine supply agreement with PSI to run through 2021 .Agreement, originally set to run through 2018, covers PSI's supply of 8.8-liter propane and gasoline engines for Navistar's unit.  Full Article

Navistar says files for potential mixed shelf offering of upto $2 bln
Thursday, 22 Sep 2016 04:24pm EDT 

Navistar International Corp :Says files for potential mixed shelf offering of upto $2 billion - SEC filing.  Full Article

Navistar International says its unit gets subpoena from U.S. Department of Defense
Thursday, 8 Sep 2016 07:03am EDT 

Navistar International : Says in Q3 2016, Navistar Defense LLC received a subpoena from the United States Department Of Defense Inspector General . Subpoena requested documents relating to Navistar Defense's sale of its independent suspension systems for military vehicles . Subpoena related to unit's sale of independent suspension systems to government for time period of Jan 1, 2009 through Dec 31, 2010 .Navistar international says Navistar Defense has made a submission of documents and intends to otherwise fully comply with the subpoena.  Full Article

Navistar:Volkswagen Truck & Bus to acquire 16.2 million newly issued shares in co
Tuesday, 6 Sep 2016 06:59am EDT 

Navistar International Corp : Navistar announces wide-ranging strategic alliance with Volkswagen truck & bus . Volkswagen truck & bus will acquire 16.2 million newly issued shares in Navistar . Says Volkswagen Truck & Bus taking a 16.6% stake in Navistar . Volkswagen Truck & Bus will pay $15.76 per share . Says Volkswagen Truck & Bus to invest $256 million in Navistar . Says expects to realize cumulative synergies of $500 million over first five years . Says Volkswagen Truck & Bus has agreed to hold shares for a minimum of three years .Says Volkswagen Truck & Bus will have right to appoint two directors to Navistar's board of directors.  Full Article

Navistar International partners with GM to manufacture cutaway model of G Van
Thursday, 9 Jun 2016 09:20am EDT 

Navistar International Corp : Navistar partners with gm to manufacture cutaway g van . Reached an agreement with general motors to make cutaway model of g van at Springfield, Ohio starting in first half of 2017 .Navistar and gm are not disclosing any further details of agreement at this time.  Full Article

Navistar International qtrly earnings per share $0.05
Tuesday, 7 Jun 2016 06:51am EDT 

Navistar International Corp : Qtrly earnings per share $0.05 . Navistar International Corp says qtrly net sales and revenue $2.2 billion versus $2.7 billion last year . Gross used truck inventory increased to approximately $448 million at April 30, 2016 from $390 million at October 31, 2015 .Q2 revenue view $2.18 billion -- Thomson Reuters I/B/E/S.  Full Article

Navistar International Corp - U.S. regulator sues Navistar ex-CEO Ustian - Reuters News
Thursday, 31 Mar 2016 02:02pm EDT 

Navistar International Corp:The U.S. Securities and Exchange Commission on Thursday filed a civil lawsuit against former Navistar International Corp NAV.N Chief Executive Daniel Ustian, accusing him of fraud. - RTRS.Ustian was accused of leading a "campaign of deception" from late 2010 through 2012 with fraudulent statements about Navistar's ability to meet a U.S. Environmental Protection Agency deadline to comply with tough emission standards for heavy-duty diesel truck engines.The lawsuit was filed with the federal court in Chicago.  Full Article

Navistar International Corp gives FY 2016 guidance
Thursday, 17 Dec 2015 07:03am EST 

Navistar International Corp:Expects FY 2016 revenues to be between $9.5 - $10.0 billion.Expects FY 2016 adjusted EBITDA of $600 - $700 million.  Full Article

Navistar International Corp receives $369 million vehicle order to support Afghanistan Security Forces
Wednesday, 9 Sep 2015 08:30am EDT 

Navistar International Corp:Says defense receives $369 million vehicle order to provide 2,293 medium tactical vehicles for the Afghanistan national security force.Says production of mtvs for ansf will occur at navistar's assembly plants located in Springfield, Ohio and West Point, Mississippi.  Full Article

Navistar International Corp gives Q4 2015 EBITDA guidance
Wednesday, 2 Sep 2015 07:40am EDT 

Navistar International Corp:Sees Q4 2015 EBITDA of $175 million - $225 million, excluding pre-existing warranty and one-time items.  Full Article