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MARKET SHARES * USA - Resurgent Heavy truck demand drives Navistar into profit
USA -TNN (UK) -20 Dec 2006: -- Truck maker Navistar International Corporation reported improved earnings for its third fiscal quarter and said that, based on the current outlook, earnings for the fiscal year ending October 31, 2004, are on track to meet or exceed $2.95 per share... Sales and income from manufacturing and financial services for the third quarter totalled $2.4bn, compared with $1.9bn in the same quarter a year ago... Daniel Ustian , Navistar chairman said the third quarter profit was achieved despite increased costs associated with meeting 2004 emission requirements, increases in the price of steel and component shortages brought about by suppliers being slow to meet increased industry demand...
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