Navistar Posts 4Q Profit
Navistar International Corp., the No. 3 U.S. truckmaker, posted a fiscal fourth-quarter profit today compared with a loss a year ago. Because of an improvement in truck sales, net income in the quarter ended Oct. 31 was $77 million, or $1 a share, compared with a net loss of $460 million, or $7.58 a share, a year earlier. Although the company's marked its second consecutive quarter of profitable operations,