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Navistar Reports Solid 4Q Profit; Results Impacted by New Labor Agreement Costs

by: , Atlantic Wire
December 22, 2010

Category: Syndicated Industry News | RSS 2.0

WARRENVILLE, Ill.–(BUSINESS WIRE)–Navistar International Corporation (NYSE: NAV) today reported profitable results for the fourth quarter ended Oct. 31, 2010, propelled by the improved performance of its core business and military sales. Results included costs related to the ratification of the new UAW contract, which provides the company the ability to ensure a competitive cost structure across its production platforms and clears the way for future bottom-line improvements. “The North America



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