Navistar International Corporation will begin trading tomorrow on the over-the-counter market commonly known as the “pink sheets” under the symbol NAVZ following its suspension from the New York Stock Exchange at the end of trading today. The company’s preferred stock will trade under the symbol NAVZP.
Trading on the pink sheets will continue while Navistar pursues the appeal it announced last week of the New York Stock Exchange decision to suspend trading and delist the company because the company's completion of the restatement of its fiscal 2005 financial statements will extend beyond the suspension date.
Navistar International Corporation is the parent company of International Truck and Engine Corporation. The company produces International® brand commercial trucks, mid-range diesel engines and IC brand school buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. Navistar is also a provider of truck and diesel engine parts. A wholly owned subsidiary offers financing services. Additional information is available at: www.navistar.com.
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