TEXT-S&P may cut Navistar Financial Corp.


(The following statment was released by the rating agency) NEW YORK, Oct 31 - Standard & Poor's Ratings Services said today it placed its double-'B' corporate credit ratings on Navistar International Corp., and its subsidiary Navistar Financial Corp., a leading North American producer of heavy- and medium-duty trucks, on CreditWatch with negative implications. The CreditWatch listing is the result of Standard & Poor's concerns that the loss or postponement of the Ford Motor Co. V6 ...

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