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Business Relationship - USA - Caterpillar & Navistar, Announce Settlement
PEORIA, Ill.,USA - PRNewswire -24 Aug, 2006: -- Caterpillar Inc. announced today settlement of various lawsuits with Navistar International Corporation , one of the leading heavy-duty truck producers in the United States and the parent company of International Truck and Engine Corporation... Caterpillar and Navistar are building on their long- standing business relationship by signing a series of licensing and long-term supply agreements that are expected to increase business opportunities for both companies...
* Caterpillar up slightly after Navistar deal
NEW YORK,NY,USA -MarketWatch, by Erica Owen -Aug 24, 2006: -- Shares of Caterpillar Inc. (CAT) rose slightly in late trading Thursday, up 0.5% to $65.80, after the machinery manufacturer announced it settled various lawsuits with Navistar International Corporation (NAV) and that the companies signed a series of licensing and long-term supply agreements... Shares of Navistar, a heavy-duty truck producer, had yet to trade...
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