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Your April 4 Pre-Trip: SEC charges Navistar, former CEO for 'defrauding investors'

2016-04-05 10:00:39| Automakers - Topix.net

According to a Reuters report, the into believing a diesel truck engine it was developing could meet federal emissions standards. According to the report, Navistar has not admitted nor denied wrongdoing, and Ustian has not settled.

Tags: april sec charges ceo

UPDATE 2-SEC charges Navistar, ex-CEO with misleading investors

2016-03-31 23:36:57| Automakers - Topix.net

Navistar International Corp agreed to pay a $7.5 million fine to settle U.S. Securities and Exchange Commission charges that it defrauded investors into believing a diesel truck engine it was developing could meet tough federal emissions standards. The SEC also filed a related lawsuit accusing former Navistar Chief Executive Daniel Ustian of leading a "campaign of deception" to defraud investors in 2011 and 2012.

Tags: update charges investors misleading

Analysts' Recent Ratings Updates for Navistar International Corp

2016-03-18 01:53:43| Automakers - Topix.net

They now have a $14.00 price target on the stock. According to Zacks, "Navistar's first-quarter fiscal 2016 adjusted net loss from continuing operations was significantly narrower than the year-ago quarter's figure as well as the Zacks Consensus Estimate.

Tags: international recent ratings updates

Navistar International Corp (NAV) Stock Rating Reaffirmed by Jefferies Group

2016-03-10 21:25:41| Automakers - Topix.net

's stock had its "buy" rating reissued by equities researchers at Jefferies Group in a report released on Thursday, Analyst Ratings Net reports. They presently have a $20.00 price target on the stock.

Tags: international group rating stock