UPDATE: Navistar Posts Decline In Q3 Profit

Navistar International

reported a drop in its profit in the third quarter. Navistar posted a quarterly profit of $84 million, or $1.22 per share, down from earnings of $1.4 billion, or $18.24 per share, in the year-ago period. Navistar shares gained 2.10% to close at $20.41 yesterday.