Navistar posts loss from strike, engine shortage

Newswire

WARRENVILLE, Ill., Aug 16 (Reuters) - Truck maker Navistar International Corp. on Friday reported its third straight quarterly loss after a labor strike in Canada and a shortage of engines slashed its output.

The company had a loss in the fiscal third-quarter ended July 31 of $16 million, or 27 cents a share, compared with a profit of $2 million, or 3 cents a share, a year earlier. Sales and revenue for the quarter were little changed at $1.6 billion.

Analysts had ...

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