Join Our Mailing List
Email:  
Turbo Products Home
Fuel Additives Online Store
  Products
Turbo Products Diesel
Products
Turbo Products Turbo
Products
Performance Products Performance
Products
Fuel Additives Fuel
Additives
Racor Filtration Racor
Filtration
  Resources
news News
links Links
referrals Service/Repair
Referrals
Fuel Additives Site Map
About Diamond Diesel and Turbo About Us
Contact Us Contact Us


Diamond Diesel Service, Inc., Auto Repair & Service - Diesel, Oakland, CA

Official PayPal Seal
 
Back To Diesel Products> Navistar shares rise after UBS upgrade

DETROIT

Shares of truck and bus manufacturer Navistar International Inc. rose 4 percent Thursday after an analyst upgrade due to improved trucking industry business conditions.

THE SPARK: UBS analyst Henry Kirn upgraded Navistar from "Neutral" to "Buy" after a survey showed improving business in the trucking industry and a favorable impression of Navistar's pollution control technology in its diesel engines.

THE BIG PICTURE: The freight truck business was hit hard by the recession, but the survey showed improved year-over-year business conditions for the second straight quarter. Truckers indicated improving freight rates for the first time in almost two years, the survey found. With improved rates, capital upgrades are more likely. Plus, the survey found a positive response in the industry to Navistar's diesel engines equipped with advanced exhaust gas recirculation technology that meets 2010 U.S. Environmental Protection Agency pollution standards.

SHARE ACTION: Shares of Navistar rose $2.02, or 4 percent, to $52.29 in midday trading during a market rally. Dow Jones industrials were up 185 points, or nearly 2 percent, to 10,085.

Can't Find What You're Looking For?
Contact our the nearest store.
OAKLAND
2550 East 12th Street
Oakland, CA 94601
(510) 532-8500
fax (510) 532-1026
Email
map info and more..
WEST SACRAMENTO
2785A Del Monte Street
W. Sacramento, CA 95691
(916) 371-5223
fax (916) 371-5653
Email
map info and more..
NEVADA
840 Marietta Way
Sparks, NV.89431
(775) 358-8282
fax (775) 358-8773
Email
map info and more..

Home | Diesel Products | Turbo Products | OnLine Store | Privacy Policy |Contact Us
Diamond Diesel and Turbo Service Inc.© 2009