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Navistar International Corp (NAV.N)

NAV.N on New York Stock Exchange

42.82USD
17 Aug 2018
Change (% chg)

$0.73 (+1.73%)
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Latest Key Developments (Source: Significant Developments)

Navistar International-On July 30, Navistar Financial Corp Entered Joinder Agreement To Third Amended & Restated Credit Agreement, Dated May 27, 2016
Wednesday, 1 Aug 2018 

July 31 (Reuters) - Navistar International Corp ::NAVISTAR INTERNATIONAL-ON JULY 30, NAVISTAR FINANCIAL CORP ENTERED JOINDER AGREEMENT TO THIRD AMENDED & RESTATED CREDIT AGREEMENT, DATED MAY 27, 2016.NAVISTAR INTERNATIONAL-PURSUANT TO JOINDER AGREEMENT, NFC BORROWED $400 MILLION UNDER A NEW 7-YEAR SENIOR SECURED TERM LOAN FACILITY ( "TERM LOAN B").NAVISTAR INTERNATIONAL SAYS MATURITY DATE OF TERM LOAN B IS JULY 30, 2025 - SEC FILING.  Full Article

Navistar International Corp Raises 2018 Full-Year Guidance
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Navistar International Corp ::RAISES 2018 FULL-YEAR GUIDANCE.NAVISTAR INTERNATIONAL - "CONFIDENT WE ARE ON TRACK TO HIT OUR 2018 GOAL OF INCREASING OUR TOTAL CORE MARKET SHARE".CO'S ADJUSTED EBITDA IS EXPECTED TO BE BETWEEN $725 MILLION AND $775 MILLION FOR FY 2018.SEES 2018 REVENUES ARE EXPECTED TO BE BETWEEN $9.75 BILLION AND $10.25 BILLION.FY2018 REVENUE VIEW $9.66 BILLION -- THOMSON REUTERS I/B/E/S.FOR FY 2018 EXPECTS CLASS 8 RETAIL DELIVERIES OF 250,000 TO 280,000 UNITS.NAVISTAR INTERNATIONAL - SEES 2018 INDUSTRY RETAIL DELIVERIES OF CLASS 6-8 TRUCKS AND BUSES IN U.S.,CANADA 380,000 - 410,000 UNITS.IN THE FIRST 15 MONTHS OF OPERATION, GLOBAL TRUCK & BUS PROCUREMENT LLC, IS ON TRACK TO REACH ITS SYNERGY TARGETS.  Full Article

Johnson Controls Wins Contracts With Navistar And Man Truck And Bus To Support Increasing Electrical Demands On Fleets In North America And Globally
Wednesday, 9 May 2018 

May 9 (Reuters) - Johnson Controls International PLC ::JOHNSON CONTROLS WINS CONTRACTS WITH NAVISTAR AND MAN TRUCK AND BUS TO SUPPORT INCREASING ELECTRICAL DEMANDS ON FLEETS IN NORTH AMERICA AND GLOBALLY.JOHNSON CONTROLS POWER SOLUTIONS - AWARDED CONTRACTS TO SUPPLY ABSORBENT GLASS MAT AND FLOODED BATTERIES TO NAVISTAR AND MAN TRUCK AND BUS.  Full Article

Navistar Enters Into Amendment To Note Purchase Agreement To Reduce Maximum Funded Amount To $350 Mln
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Navistar International Corp ::NAVISTAR INTERNATIONAL - ON DEC 21, ENTERED INTO AMENDMENT TO NOTE PURCHASE AGREEMENT TO REDUCE THE MAXIMUM FUNDED AMOUNT TO $350 MILLION- SEC FILING.NAVISTAR INTERNATIONAL - AMENDMENT TO NOTE PURCHASE AGREEMENT ALSO EXTENDS SCHEDULED PURCHASE EXPIRATION DATE TO DECEMBER 20, 2018.  Full Article

Navistar International Corp Q4 Earnings Per Share $1.36
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Navistar International Corp ::QTRLY EARNINGS PER SHARE $1.36.REVENUES IN QUARTER INCREASED 26 PERCENT, TO $2.6 BILLION - SEC FILING‍​.SEES FY 2018 REVENUES TO BE BETWEEN $9 BILLION AND $9.5 BILLION.2018 FISCAL YEAR ADJUSTED EBITDA IS EXPECTED TO BE BETWEEN $675 MILLION AND $725 MILLION​‍​.Q4 REVENUE VIEW $2.29 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $9.07 BILLION -- THOMSON REUTERS I/B/E/S.- 2018 YEAR-END MANUFACTURING CASH IS EXPECTED TO BE ABOUT $1 BILLION‍​.  Full Article

Navistar announces closing of $1.1 bln senior notes offering
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Navistar International Corp ::Navistar announces closing of $1,100,000,000 senior notes offering and results to date of tender offer and consent solicitation.  Full Article

Navistar reports proposed offering of senior notes
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Navistar International Corp ::Navistar announces proposed offering of senior notes.Navistar International Corp - ‍plans to issue, subject to market conditions, $1,100 million of new senior notes due 2025​.Navistar International - to use proceeds of offering partly to retire all $1,450 million existing 8.25 pct senior notes due 2021​.  Full Article

Navistar announces tender offer and consent solicitation of outstanding senior notes
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Navistar International Corp ::Navistar announces tender offer and consent solicitation of outstanding senior notes.Navistar International Corp - announces ‍commencement of a cash tender offer for any and all of its outstanding 8.25 pct senior notes due 2021​.Navistar International Corp - ‍tender offer will expire at 11:59 p.m., New York City time, on November 17, 2017​.  Full Article

SAF HOLLAND to deliver fifth wheels for trucks to Navistar Inc
Wednesday, 2 Nov 2016 

SAF HOLLAND SA : Has been named as standard supplier for north american market by U.S. truck manufacturer Navistar , will deliver fifth wheels for trucks to Navistar International Trucks .Expects to generate additional sales in mid to upper single digit USD million range per year depending on further development of North American truck market.  Full Article

Hotchkis and Wiley Capital Management, LLC reports stake of 7.08% in Navistar International Corp
Tuesday, 11 Oct 2016 

Navistar International Corp : Hotchkis and Wiley Capital Management, LLC reports a passive stake of 7.08% in Navistar International Corp as of Sept 30 - SEC filing .Hotchkis and Wiley Capital Management, LLC previously reported a passive stake of 13.88% in Navistar International Corp as of December 31, 2015.  Full Article

UPDATE 1-VW names M&A expert Christian Schulz as new trucks CFO

* VW Truck & Bus eyes capital markets for expansion (Adds further details on CFO designate, background)