UPDATE: Navistar Posts Wider Q1 Loss

Navistar International NAV reported a wider loss for the first quarter. Navistar posted a quarterly net loss of $248 million, or $3.05 per share, versus a year-ago loss of $123 million, or $1.53 per share. Its revenue fell around 16% to $2.21 billion. Navistar shares declined 3.94% to $36.30 in pre-market trading.