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News Breaks
11:11 EDTNAV
theflyonthewall.com: Navistar management to meet with Wells Fargo
Field trip to company headquarters in Illinois on November 20 hosted by Wells Fargo. :theflyonthewall.com



News For NAV From The Last 14 Days
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February 9, 2010
08:01 EDTNAV
theflyonthewall.com: Navistar signs development agreement with Clean Air Power

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February 4, 2010
10:16 EDTNAV
theflyonthewall.com: Navistar estimates raised on MRAP add-on contract at Barrington

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February 3, 2010
12:47 EDTNAV
theflyonthewall.com: Oshkosh 2010 estimate raised on M-ATV win at Barrington
Barrington raised its 2010 estimate for Oshkosh (OSK) to $6.50 from $5.80 after its source confirmed that 2,800 MRAP trucks were awarded to Oshkosh and Navistar (NAV). BAE (BASEY) and Force Protection (FRPT) were not given awards, but Barrington believes that it is still possible for both to receive an award for 1,200 vehicles. The firm keeps an Outperform rating on Oshkosh shares. :theflyonthewall.com
09:03 EDTNAV
theflyonthewall.com: Core Molding announces addendum to Nvaistar comprehensive supply agreement

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07:22 EDTNAV
theflyonthewall.com: Oshkosh investors could be disappointed with MRAP report, says JP Morgan

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February 2, 2010
15:13 EDTNAV
theflyonthewall.com: Rumor: Hearing Class 8 orders for month of January were weak
Note that Cummins (CMI), Navistar (NAV), and Paccar (PCAR) are leveraged to the information. :theflyonthewall.com
14:57 EDTNAV
theflyonthewall.com: Oshkosh, Navistar to sell hundreds of new MRAPS to U.S., Defense Newsstand says
Pentagon acquisition chief Ashton Carter approved the purchase of more than 2,800 additional Mine Resistant Ambush Protected vehicles, according to Defense Newsstand. Half of the vehicles will be supplied by Oshkosh (OSK) and most of the the other half will be purchased from Navistar (NAV), according to the publication. Reference Link :theflyonthewall.com

January 29, 2010
11:06 EDTNAV
theflyonthewall.com: Paccar surges after results beat Street expectations
Paccar (PCAR), which manufactures trucks and sells truck parts, reported Q4 EPS of 16c ex tax expense, compared with analysts' consensus estimate of 7c. Including the tax expense, Paccar's EPS was 13c. The company's revenue was higher than expected. "Paccar's excellent balance sheet and strong operating cash flow have enabled ongoing investments in capital projects such as new diesel engines, expanded vehicle ranges, annual factory efficiency improvement of 5-7% and contributed to earning the majority of the industry's quality awards," said Paccar Vice Chairman Tom Plimpton. ""The company's strong performance places Paccar in a leading position when the industry returns to a normal vehicle demand," Plimpton added. In mid-morning trading, Paccar gained $1.73, or 4.91%, to $36.96. Meanwhile, Navistar (NAV), which also builds trucks, rose $1.28, or 3.43%, to $38.63. :theflyonthewall.com