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-0.00114627824626722 -0.00253714452597371 -0.0158361625232723 -0.0173584492388567 -0.0205526959442193 -0.0402657613258861 -0.00412514145949694 -0.00777570912276863
Stock impact report

Navistar raises truck delivery forecast; shares jump [Reuters]

Navistar Intl Corp (NAV) 
Last navistar intl corp earnings: 3/4 06:25 am Check Earnings Report
US:NYSE Investor Relations: navistar.com/navistar/investors
Company Research Source: Reuters
Navistar raises truck delivery forecast; shares jump | Reuters 3 Min Read (Reuters) - Navistar International Corp ( NAV.N ) reported a better-than-expected quarterly profit and raised its truck delivery forecast for 2019 on Tuesday, sending its shares up about 20 percent. The company has gained traction from a robust U.S. economy and is seeing strong freight demand drive sales of its high-margin, heavy-duty trucks that haul goods across the country. The company’s shares rose as much as 19.5 percent to $28.50 in morning trade, their biggest percentage gain in two years. Navistar said it plans to deliver more of its long-haul Class 8 trucks - used by the rigs that transport freight across America’s highways - next year, as hauliers rush to replace older vehicles with more fuel-efficient ones. Production for these trucks is expected to rise 5 percent to 335,000 units in 2019, according to ACT Research, the industry body tracking the commercial vehicle market. Lisle, Illinois-based Navi Show less Read more
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