Navistar International Corp
Company & Industry Overviews
Leveraged Loan Issuance Declines in the Week Ended August 28
The US leveraged loans market saw an allocation of $1.025 billion worth of senior loans in the week ended August 28.
Maverick Capital Decreases Position in Allison Transmission
Allison Transmission and its subsidiaries design and manufacture commercial and defense fully automatic transmissions. In 4Q14, net sales grew 11% to $544 million.
ValueAct Capital Ups Its Stake in Allison Transmission Holding
Allison Transmission Holding and its subsidiaries design and manufacture commercial and defense fully automatic transmissions.
Must-know: Icahn Associates’ 2Q14 positions
Carl Icahn is one of Wall Street’s most influential investors. He disclosed Icahn Associates Corp.’s 2Q14 positions through a 13F filing last month. The size of the U.S. long portfolio increased to $38.5 billion. It was $32.9 billion last quarter. Its only buy in the second quarter was Gannett Co. (GCI).
Sprott presents a compelling opportunity at a good trading price
While Sprott’s share price has been bottoming out due to the dividend cut, Long Run Exploration (LRE.TO), Sprott’s largest holding, has seen its share price increase over 30%.