Navistar International Corporation (NAV) News
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- Over the past 24 days, the trend for NAV's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
- The most mentioned tickers in articles about NAV are SE, DOC and IX.
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Below are the latest news stories about Navistar International Corp that investors may wish to consider to help them evaluate NAV as an investment opportunity.
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A merger more than five years in the making will finally be consummated Thursday when Navistar International Corp. becomes part of Volkswagen AG''s TRATON SE truck holding company. As the ownership changes, Navistar is expected to keep its name and executive structure, albeit reporting to TRATON CEO Mattias Grundler. All regulatory approvals needed to go ahead with the merger have been received, Navistar said Wednesday. TRATON made an unsolicited $2.9 billion bid for Navistar in January 2020. The pandemic slowed negotiations until last fall when TRATON twice upped its offer, finally agreeing to pay $3.7 billion in cash. Navistar (NYSE: NAV ) stock has traded in a narrow range, rising and falling only pennies since shareholders approved the buyout. Navistar will be delisted following the...
(RTTNews) - U.S. truck maker Navistar International Corp. (NAV) said that all regulatory approvals necessary to proceed with merger with Dusk Inc., a wholly owned indirect subsidiary of TRATON SE, were received. The closing date of the merger is expected to be on July 1, 2021. on November 7, 2020, Navistar, TRATON and Merger Subsidiary entered
Navistar Receives All Regulatory Approvals Necessary To Proceed With The Closing Of The Merger With TRATON SE
LISLE, Ill., June 30, 2021 /PRNewswire/ -- Navistar International Corporation ("Navistar") (NYSE: NAV), a leading U.S. truck maker, today announced all regulatory approvals necessary to proceed with the previously announced merger with Dusk Inc.
(Bloomberg) -- Volkswagen AG’s Traton SE truck unit will seek to expand in Asia to build a broader global presence, after finalizing the $3.7 billion takeover of U.S. affiliate Navistar International Corp.The company plans to fill remaining gaps in its industrial footprint in markets including China, Traton said Wednesday in a prepared statement for its annual general meeting.“Chinese fleet customers are increasingly looking toward higher-end vehicles,” Traton Chief Executive Officer Matthias Gr
Navistar International (NYSE: NAV ) showed a loss in earnings since Q1, totaling $33.00 million. Sales, on the other hand, increased by 19.32% to $2.16 billion during Q2. Navistar International collected $1.81 billion in revenue during Q1, but reported earnings showed a $36.00 million loss. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth Full story available on Benzinga.com
Navistar International (NYSE:NAV) showed a loss in earnings since Q1, totaling $33.00 million. Sales, on the other hand, increased by 19.32% to $2.16 billion during Q2. Navistar International collected $1.81 billion in revenue during Q1, but reported earnings showed a $36.00 million loss. What Is ROCE? Return on Capital Employed is a measure of yearly Read More » Looking Into Navistar Internationals Return On Capital Employed The post Looking Into Navistar Internationals Return On Capital Employed appeared on Stocks News Feed .
Navistar (NAV) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Navistar extends 9.500% senior notes redemption date and conditional full redemption of 6.625% senior notes
Navistar ([[NAV]]) delivered a extension notice of the redemption date for its earlier announced election to redeem in full its outstanding $600M 9.500% senior secured notes due 2025.Initial redemption date was set at June 25, 2021 while now it is set at July 1, 2021 wherein it will be redeemed at...