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Navistar International Corp(NYSE:NAV) announced on Thursday that its board has named Troy Clarke as president and CEO of the company, effective April 15.
Truckmaker also announced that Clarke, presently company’s president and COO, will also join its board.
The company reported in separate statement that its loss narrowsin fiscal Q1, assisted by lower costs and expenses, regardless of a drop in sales.
Thomson Reuters 15 analyst’ssurvey on average forecasted to announce a loss of $1.76 per share for three months period.
Zynga Inc’s (NASDAQ:ZNGA) stock lifted on Thursday, supported by the news of online gambling which will benefit the corporation in the long run.
The forecasts of the announcement are in line with the actual performance for first quarter. The price target was $4 is unchanged, and is based on 1.4 xs.
Shares of Ciena Corporation (NASDAQ:CIEN) moved up 15 percent in early trading session on Thursday. The networking-equipment company declared that its fiscal Q1 loss narrowed as revenue and margins recovered.
However, the company booked a surprise per-share profit after excluding special items.
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