News Breaks |
|
|
| August 30, 2012 |
| 16:17 EDT |  | NAV | Navistar Financial renews, increases dealer inventory funding to $750M
Navistar Financial, an affiliate of Navistar (NAV), has signed agreements to renew and increase its largest dealer inventory funding facility to $750M, effective immediately. The facility is funded through three of NFC's major relationship banks. "We continue to have strong access to capital to support Navistar's growth," said Phyllis Cochran, President and CEO, NFC. "The quality of our portfolio and strength of our dealer network have earned the ongoing confidence and support of our relationship banks." The one-year renewal includes an increase of $250M over the prior year, in anticipation of the maturity of a $350M debt issuance in October. |
|
|
News For NAV From The Last 14 Days Check below for free stories on NAV the last two weeks. |
|
|
| June 17, 2013 |
| 12:00 EDT |  | NAV | Options with decreasing implied volatility: NAV SUPN PVH IVR DOLE
 Subscribe for More Information |
|
| June 14, 2013 |
| 14:47 EDT | | NAV | S&P cuts Navistar Intl, Navistar Financial to B- from B, outlook negative
Subscribe for More Information |
|
| 11:14 EDT | | NAV | Options with decreasing implied volatility: SUPN CTRX NAV ULTA
Subscribe for More Information |
|
| June 13, 2013 |
| 11:55 EDT |  | NAV | Data shows NAV truck market struggled in May, says Wells Fargo
Wells Fargo says Ward's U.S. retail sales data for May shows that NAV continues to struggle with market share amid the engine technology transition. Class 8 truck market share for May dropped to 12.5% from 15.0% in April, with PACCAR (PCAR) and Volvo (VOLVY) gaining share and Daimler (DDAIF) losing share, Wells noted, citing Ward's data. |
|
| 11:51 EDT | | NAV | Options with decreasing implied volatility: NAV CTRX ULTA LAMR LYV
|
|
| June 12, 2013 |
| 11:32 EDT | | NAV | Options with decreasing implied volatility: TIVO LAMR FRAN RPRX NAV
|
|
| June 11, 2013 |
| 11:43 EDT | | NAV | Options with decreasing implied volatility: SUPN OPK ANN NAV PAY
Subscribe for More Information |
|
| 10:03 EDT |  | NAV | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AmerisourceBergen (ABC) upgraded to Outperform from Market Perform at Leerink... Arthur J. Gallagher (AJG) upgraded to Buy from Neutral at Goldman... Catamaran (CTRX) upgraded to Buy from Neutral at UBS... Disney (DIS) upgraded to Outperform from Neutral at Macquarie... Fly Leasing (FLY) upgraded to Buy from Neutral at Citigroup... Navistar (NAV) upgraded to Market Perform from Underperform... Questcor (QCOR) upgraded to Buy from Fair Value at CRT Capital... Talisman Energy (TLM) upgraded to Buy from Hold at Tudor Pickering... Synergetics (SURG) upgraded to Buy from Hold at Craig-Hallum... RBC Bearings (ROLL) upgraded to Outperform from Market Perform at Barrington. |
|
| 06:27 EDT | | NAV | Navistar upgraded to Market Perform from Underperform at BMO Capital
Subscribe for More Information |
|
| June 10, 2013 |
| 16:12 EDT | | NAV | Navistar says 'not satisfied' with Q2 results, May had strong start
The company said, "We are not satisfied with our overall financial results this quarter, but we are pleased with the continued progress we made in a number of areas on our turnaround plan. We still face some significant, yet solvable challenges, primarily in the areas of higher pre-existing warranty costs for our earlier EPA 2010 emissions level engines, as well as in rebuilding sales and restoring market share. However, we are already implementing the right leadership and business process changes to effectively address these priority issues...We are off to a strong start as May orders were up 38% versus the average sales rate for the previous quarter, driven higher by strong interest in the MaxxForce 13-liter with SCR and the ProStar ISX." Navistar finished Q2 with $1.16B in manufacturing cash and marketable securities, exceeding its cash guidance range of $1.0B-$1.1B. Navistar's manufacturing cash guidance for the end of Q3 ranges from $1.0B-$1.1B, the company said. |
| |
| 16:09 EDT |  | NAV | Navistar reports Q2 EPS ex dis ops ($4.39), may not compare to consensus ($1.13)
Subscribe for More Information |
|
| 15:15 EDT | | NAV | Navistar June weekly volatility elevated at 123 into Q2 and outlook
Subscribe for More Information |
|
| June 5, 2013 |
| 15:12 EDT | | NAV | Navistar June volatility elevated at 73 into Q2 and outlook
Subscribe for More Information |
|
|
|
|
|
