Offering Product Warranties? Think Twice
Companies that experience unexpected increases in warranty payments have lower firm value than those that do not offer warranties.
Navistar Settles Defective Engine Suits for $135M
The settlement resolves the class-action claims of truck owners who alleged Navistar failed to disclose a defect in engine exhaust-treatment systems.
Navistar Fined $7.5M Over Engine Disclosures
The SEC says the company misled investors about its efforts to show compliance with emission standards.
Navistar Posts 12th Straight Quarterly Loss
The truck and engine maker also says the SEC may be close to bringing an enforcement action over a disclosure issue.
SEC Seeks Lobbying Records From Navistar
Did the engine manufacturer mislead investors? The SEC wants a court to order the company to turn documents over to investigators.
Navistar Navigates a Critical Refinancing
While the truck maker's director of corporate finance says its turnaround is progressing, analysts say the $12 billion company's liquidity is &doublequot;tight.&doublequot;
Pension Plans Even Worse Off Than Sponsors Thought
This year’s downgrading of bonds issued by big banks will drive up plan liabilities and may catch sponsors off guard.