After bringing its financials up to date, Navistar International Corp. has returned to the New York Stock Exchange.
“We’re back and stronger than ever. The NYSE has been home to us for nearly 100 years and it feels good to be back,” said Daniel C. Ustian, Navistar chairman, president & CEO. “While we were away, we were busy – introducing new products, building strategic relationships and expanding into new markets. We have remained focused on our strategy and we are returning to the NYSE an even smarter, more efficient and more competitive Navistar, poised for sustained success.”
NYSE suspended trading of the company’s stock (NAV) in February 2007 due to accounting problems that delayed financial filings. As of June 27, the company is now up to date with its filings.
Since the delisting, the company’s stock had been traded on the pink sheets. The stock closed Monday down 4.95% at $65.82.
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