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Tag Archives: navistar

October 21 Morning Report: GovCon Index Slightly Up at Market Close

The GovCon Index closed at 63.843 on Monday, up by 0.008 points (0.012 percent) from Friday’s close. U.S. markets closed higher on the back of a S&P 500 index gain of 17.25 points and NASDAQ composite index close of 57.64 points, both up for the third straight day, USA Today reported Monday. …

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October 17 Morning Report: GovCon Index Up Slightly at Market Close

With mixed market results, the GovCon Index closed slightly up by 0.359 points — or 0.569 percent — to 62.777. The S&P 500 closed flat at 1, 862.76 as the energy sector lead gains for that index. The Dow Jones Industrial Average slipped 24.5 points, or 0.2 percent, to 16, 116.24 and the Nasdaq Composite ticked up 2 points …

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October 16 Morning Report: GovCon Index Enters Day at Half-Percent Decline

The GovConIndex will enter Thursday’s trading day at 62.418 points — down 0.367 points from Wednesday’s figures, or a decline of 0.592 percent. CNBC reports that more economic data will become public on Thursday, such as the weekly jobless claims numbers,  industrial production figures, the Philadelphia Federal Reserve survey and the National Association of …

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October 15 Morning Report: GovCon Index Inches Up as Global Concerns Hold

The GovCon Index entered Wednesday trading at 62.785 — approximately 0.82 percent higher than Tuesday’s figure, or an increase of 0.52. Reuters cited concerns over Ebola, the impact of weak global economic figures on U.S. corporate earnings and a decline in oil prices as drivers of Tuesday’s investment activity.   Top Percentage Gainers Company …

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October 9 Morning Report: GovConIndex Ends Wednesday at 2% Hike

The GovConIndex closed Wednesday trading at 64.667 — an increase of 1.241 from the previous day, or 1.883 percent. Each company listed in the GovConIndex ended Wednesday as up from the previous day and the increases ranged from around 5 percent to the lowest upward trend at 0.15 percent. Top 5 Percentage …

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Robert Perna Joins Rockwell Collins as SVP, General Counsel, Secretary; Kelly Ortberg Comments

Robert Perna, a 25-year legal veteran, has been named senior vice president, general counsel and secretary at Rockwell Collins (NYSE: COL). His appointment is effective Jan. 13 and he succeeds Gary Chadlick, who is leaving the company to pursue other interests, Rockwell Collins announced Wednesday. “Bob’s global perspective and acquisition …

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Troy Clarke Promoted To Navistar President, CEO; James Keyes Comments

Troy Clarke, formerly president and chief operating officer at Navistar International Corp. (NYSE: NAV), has been promoted to president and CEO and will also join the board of directors. The promotion is effective April 15 and he will succeed Lewis Campbell, executive chairman and interim CEO since August 2012, the company …

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Carl Icahn Makes $3B Offer for Oshkosh

Activist investor Carl Icahn offered on Thursday to buy all outstanding shares of military truck manufacturer Oshkosh Corp. for $3 billion, or $32.50 per share, according to Bloomberg. Icahn, who is the company’s largest shareholder with a 9.45 percent stake, made an offer that is 21 percent higher than Oshkosh’s …

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Gen. McChrystal to Chair Siemens Govt Tech; Judy Marks Eyes Health, Energy, Infrastructure Gains

Siemens (NYSE: SI) has appointed retired Army Gen. Stanley McChrystal chairman of the board of directors for the company’s federal business organization, Siemens Government Technologies, the company announced Monday. McChrystal, a 34-year Army veteran, served as commander of U.S. and NATO operations in Afghanistan from 2009 to 2010, when he retired. McChrystal joined …

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Navistar $224M Debt Sale Will Raise Wholesale Funding to $1.1B in Jan. 2012

Navistar International Corp.’s (NYSE: NAV) financial affiliate has raised $224 million to support its dealer inventory funding by selling wholesale floor plan notes in a two-year 144-A transaction. The company said the offering will raise Navistar Financial Corp.’s total wholesale funding to $1.1 billion in January 2012 when a current …

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