Premarket Alert: Watch defense contractors on contract news (OSK, FRPT, BAESY, GD, NAV)
Oshkosh Corp. (NYSE: OSK) shares are up more than 20 percent in early premarket trading after the company was awarded a $1.06 billion fixed-price contract to from the U.S. Army for 2,244 MRAP mine-resistant All-Terrain Vehicles for use in Afghanistan. The Pentagon could order thousands more of the vehicles.
Other stocks to watch today on the [...]
Price/Volume Spike: Navistar (NAV)
Navistar International Corp. (NYSE: NAV) is trading up this morning but under levels seen in the after-hours session last night. Shares traded up nearly 10% Wednesday evening in after-hours trading to $59.50 to $60.00 after the commercial truck, bus and engine maker managed to beat earnings and even go so far as to raise its [...]
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