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Stock Market & Financial Investment News

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February 12, 2013
07:02 EDTNAVMahindra completes purchase of Navistar stake in India JVs
Mahindra has completed its purchase of the Navistar Group's stake in Mahindra Navistar Automotives Ltd and Mahindra Navistar Engines Pvt Ltd. The deal has received regulatory approval in India and Mahindra has now taken complete ownership of operations and will continue to sell MNAL and MNEPL products. As announced in December 2012, the agreement allows Navistar to continue sourcing components from India while Mahindra would continue to provide engineering services to Navistar. The Navistar group will continue to support M&M through license agreements and extend necessary support to MNAL and MNEPL for the purposes of business continuity.
News For NAV From The Last 14 Days
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July 27, 2015
10:00 EDTNAVOn The Fly: Analyst Downgrade Summary
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08:52 EDTNAVNavistar Celadon Group finalized remaining 7,950 orders from Quality Companies
International Truck (NAV) announced it has finalized the remaining 7,950 orders from Quality Companies, a wholly owned subsidiary of Celadon Group (CGI). The 9,000 vehicle commitment consists primarily of International ProStar and LoneStar vehicles powered by Cummins ISX-15 engines, and will be spread across the next three years.
06:43 EDTNAVNavistar downgraded to Sell from Neutral at Goldman
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July 21, 2015
08:36 EDTNAVNavistar awarded order for 1,050 tractors
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July 20, 2015
08:22 EDTNAVNavistar refinances $697.5M senior secured term loan facility
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