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Stock Market & Financial Investment News

News Breaks
July 19, 2013
14:32 EDTNAV, CMI, PCARJune Class 8 data disappointing, says Wells Fargo
Wells Fargo notes that June Class 5-7 backlog was 16% higher year-over-year, while Class 8 was 6% beneath June of last year. The firm says Class 5-8 industry data was "somewhat disappointing" with lower backlog, net orders, and retail sales than May. Wells adds that Navistar's (NAV) June Class 5-7 retail sales market share was 26% in June, up from May’s 24% but beneath its 27% trailing twelve month market share and historical average of approximately 35%.
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April 15, 2014
17:41 EDTNAVCarl Icahn boosts stake in Navistar to 17.64% from 16.55%
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