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Latest Navistar International Corporation Stories

2014-07-17 08:21:45

Samara Strycker to join Navistar, replacing Richard Tarapchak as Senior Vice President and Corporate Controller LISLE, Ill., July 17, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) announced today that Samara Strycker will join the company on August 4 as Senior Vice President and Corporate Controller. Strycker will replace Richard Tarapchak, who is leaving Navistar to pursue other career opportunities after a distinguished 22-year career at the company....

2014-06-26 08:21:21

System prioritizes default code and maintenance management; improves vehicle uptime SKOKIE, Ill., June 26, 2014 /PRNewswire/ -- Today Rand McNally announced that diagnostic code and fault code data provided by its line of mobile fleet management devices - HD 100, TND® 760, and TPC 7600 - will flow seamlessly into Navistar's OnCommand(TM) Connection remote diagnostics system. OnCommand(TM) Connection offers access to fault codes, health reports and action plans to help fleet managers...

2014-06-24 08:20:40

LISLE, Ill., June 24, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) announced today that its Board of Directors approved an amendment to the company's Stockholder Rights Plan that, in essence, turns the existing Stockholder Rights Plan into a Tax Asset Protection Plan. This Tax Asset Protection Plan was adopted to protect the long-term value of Navistar's substantial tax assets and will expire on September 1, 2014. The existing Stockholder Rights Plan was to...

2014-06-05 08:20:39

- Navistar reports net loss of $297 million on revenues of $2.7 billion LISLE, Ill., June 5, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced a second quarter 2014 net loss of $297 million, or $3.65 per diluted share, compared to a second quarter 2013 net loss of $374 million, or $4.65 per diluted share. Revenues in the quarter were $2.7 billion, up from $2.5 billion in the second quarter of 2013. Second quarter 2014 results include $151 million in...

2014-05-30 08:21:13

LISLE, Ill., May 30, 2014 /PRNewswire/ -- Navistar Financial Corporation (NFC), an affiliate of Navistar International Corporation (NYSE: NAV), announced today that it has completed a $100 million trade receivables securitization program. The liquidity is provided by one of NFC's relationship banks. The securitization program will provide NFC with cash proceeds of up to $100 million through the on-going sale of its fleet receivables previously purchased from Navistar....

2014-04-24 08:23:00

LISLE, Ill., April 24, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) announced today that it is increasing its production rates at its heavy truck assembly plant in Escobedo, Mexico, as well as its bus assembly plant in Tulsa, Okla. http://photos.prnewswire.com/prnvar/20120127/MM32830LOGO-a "Clearly, we're seeing some positive trends in the industry, but more importantly, we're seeing good customer response to our product offerings in the market," said Jack...

2014-03-18 20:20:19

LISLE, Ill., March 18, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced the pricing of its private offering of $370 million of 4.75% senior subordinated convertible notes due 2019. Closing of the offering is expected to occur on March 24, 2014 subject to customary closing conditions. In addition, the company has granted the initial purchasers an over-allotment option to purchase up to an additional $55.5 million of convertible notes. (Logo:...

2014-03-18 08:20:38

LISLE, Ill., March 18, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced that it plans to issue, subject to market conditions, $350 million of senior subordinated convertible notes due 2019. In addition, the company will grant the initial purchasers an option to purchase up to an additional $52.5 million of convertible notes. The company expects to use the net proceeds from the offering to retire a portion of its outstanding 3.00% senior subordinated...

2014-03-11 16:21:17

LISLE, Ill., March 11, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) announced today that Michael Sirignano, Principal at MHR Fund Management LLC, has been elected to its board of directors at the company's annual shareholder's meeting on March 10. The election of Sirignano increases the number of Navistar board members to 10. http://photos.prnewswire.com/prnvar/20120127/MM32830LOGO-a "We are very pleased to welcome Michael Sirignano to the Navistar board of directors,"...

2014-03-05 08:21:10

- Navistar reports net loss of $248 million on revenues of $2.2 billion LISLE, Ill., March 5, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced a first quarter 2014 net loss of $248 million, or $3.05 per diluted share, compared to a first quarter 2013 net loss of $123 million, or $1.53 per diluted share. Revenues in the quarter were $2.2 billion, down from $2.6 billion in the first quarter of 2013. Lower sales volumes, primarily due to the...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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