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	<title>Stock Blog Hub &#187; Navistar International Corp</title>
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		<title>(CAT) Caterpillar to Work with Navistar International</title>
		<link>http://www.stockbloghub.com/2009/09/14/cat-caterpillar-to-work-with-navistar-international/15118</link>
		<comments>http://www.stockbloghub.com/2009/09/14/cat-caterpillar-to-work-with-navistar-international/15118#comments</comments>
		<pubDate>Mon, 14 Sep 2009 21:17:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[NAV]]></category>
		<category><![CDATA[Navistar International Corp]]></category>

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		<description><![CDATA[Caterpillar Inc. (CAT) recently announced agreement on a joint venture with Navistar International Corp. (NAV). The 50/50 joint venture, NC2 Global LLC, was formed to pursue global commercial truck opportunities outside North America. NC2 will develop, manufacture and distribute commercial trucks in markets outside of North America and India. The company said that the initial focus would be on Australia, Brazil, China, Russia, South Africa and Turkey. NC2’s product portfolio will include both aero nose and cab-over designs and will be sold under both the Caterpillar and International (Navistar) brands. Both Navistar and Caterpillar have named three people to the joint venture’s Board of Directors and Caterpillar Group President Doug Oberhelman will serve as Chairman of the Board. Under a separate agreement, both companies will together produce heavy-duty vocational trucks ]]></description>
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		<title>(NAV) Navistar International Hit by Weak Truck Market</title>
		<link>http://www.stockbloghub.com/2009/09/10/nav-navistar-international-hit-by-weak-truck-market/14829</link>
		<comments>http://www.stockbloghub.com/2009/09/10/nav-navistar-international-hit-by-weak-truck-market/14829#comments</comments>
		<pubDate>Thu, 10 Sep 2009 21:59:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Trucks & Other Vehicles]]></category>
		<category><![CDATA[NAV]]></category>
		<category><![CDATA[Navistar International Corp]]></category>

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		<description><![CDATA[Navistar International Corporation (NAV) has showed a net loss of $35 million, or 49 cents per share for the third quarter of fiscal 2009 ended Oct. 31, 2009. The results include increased provisions for income taxes and exclude the extraordinary gain from the asset acquisition of the recreational vehicle manufacturing business of Monaco Coach Corporation. This was worse than the Zacks Consensus Estimate of 66 cents per share. The truck maker had reported a net income $331 million or $4.47 per share in the comparable quarter of the previous year. Sales for the quarter slashed 37% to $2.51 billion, driven by poor sales at the Truck division. Manufacturing segment profit was $110 million Incorporatedluding the impacts of the Ford settlement (regarding the violation of an exclusive supply agreement), net of ]]></description>
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