UBS Cuts Price Target on Navistar (NAV) Following 4Q Guidance Release

Navistar (NAV) PT Bumped to $40 at Piper Jaffray Post Q3

September 3, 2015 6:52 AM EDT

Piper Jaffray analyst Alexander Potter reiterated an Overweight rating and bumped its price target on Navistar International (NYSE: NAV) to $40.00 (from $39.00) following results. The firm said their bullish conviction is increasing following the results.

Potter commented, "We estimate that... More

Navistar may face SEC lawsuit, posts 12th consecutive loss

September 2, 2015 10:45 AM EDT

CHICAGO (Reuters) - Truck and engine maker Navistar International Corp (NYSE: NAV) on Wednesday reported its 12th consecutive quarterly loss and said it could face regulatory enforcement action for its disclosure practices, sending its shares down nearly 7 percent.

The company said it suffered from restructuring and product warranty costs and poor sales in Brazil and Mexico.

Navistar said it received Wells notices from the U.S. Securities and Exchange Commission that recommended enforcement action against the company and former Chief Executive Officer Daniel Ustian for allegedly violating regulations of disclosures... More

Pre-Open Stock Movers 09/02: (SURG) (VRA) (WMGI) Higher; (RJET) (DGLY) (HTWR) Lower (more...)

September 2, 2015 9:23 AM EDT

A listing of stocks moving in the pre market trading session:

Synergetics USA, Inc. (NASDAQ: SURG) 53% HIGHER; Synergetics USA and Valeant Pharmaceuticals International ("Valeant"), a wholly-owned subsidiary of Valeant Pharmaceuticals International, Inc. (NYSE: VRX), announced that they have entered into a definitive agreement under which Valeant will acquire Synergetics for $6.50 per share in cash. In addition to the upfront cash payment, Synergetics stockholders will receive additional cash payments... More

Navistar (NAV) Posts Q3 GAAP Loss of 34c/Share

September 2, 2015 7:07 AM EDT

Navistar (NYSE: NAV) reported Q3 EPS of ($0.34), which may not compare with the analyst estimate of $0.08. Revenue for the quarter came in at $2.54 billion versus the consensus estimate of $2.75 billion.

For earnings history and earnings-related data on Navistar (NAV) click here.

... More

Trading Radar for 9/2: Planet Fitness (PLNT), Navistar (NAV), Vera Bradley (VRA), SeaChange (SEAC) Report

September 1, 2015 2:34 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:15am EDT

ADP Employment Change - Street sees 201k

8:30am... More

Fleet Survey Suggests Share Gains Likely for Navistar (NAV), Piper Jaffray Said

September 1, 2015 7:46 AM EDT

Piper Jaffray analyst Alexander Potter reiterated an Overweight rating and $39 price target on Navistar International (NYSE: NAV), saying their fleet survey suggests share gains are likely. The analyst said investors should own the stock.

Potter commented, "We are reiterating our Overweight... More