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US: S&P cuts Navistar ratings

Following Navistar's disappointing Q2 financial results, its lowering of full-year earnings guidance and planned management changes, Standard & Poor's Ratings Services (S&P) has lowered its ratings on the company, including the corporate credit rating to 'B+', from 'BB-'. At the same time, the ratings agency placed its ratings on Navistar It’s time to log in … Continued

Following Navistar's disappointing Q2 financial results, its lowering of full-year earnings guidance and planned management changes, Standard & Poor's Ratings Services (S&P) has lowered its ratings on the company, including the corporate credit rating to 'B+', from 'BB-'. At the same time, the ratings agency placed its ratings on Navistar

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