School Bus Maker Blue Bird Ok’s $25 Million Stock Buy

Blue Bird Corp. (NASDAQ: BLBD; Macon, Ga.), an independent designer and manufacturer of school buses, announced yesterday, June 13, that its board of directors authorized the company to repurchase up to $25 million of its outstanding common stock and/or series A convertible preferred stock over the next 12 months.

Navistar Reports Second Quarter 2018 Results

LISLE, IL. — Navistar International Corp. (NYSE: NAV) today announced a second quarter 2018 net income of $55 million, or $0.55 per diluted share, compared to a second quarter 2017 net loss of $80 million, or $0.86 per diluted share.

Student Transportation Announces Closing of Arrangement

TORONTO CANADA — Student Transportation, Inc. (TSX:STB) (NASDAQ:STB) (“STI” or the “Company”) announced the closing of the previously announced plan of arrangement (the “Arrangement”) with Spinner Can AcquireCo, Inc., a company sponsored by affiliates of Caisse de dépôt et placement du Québec and Ullico, Inc.

Blue Bird Reports FY Sales Revenue Nearing $1B

School bus manufacturer Blue Bird posted $990.6 million in net sales revenue for its fourth quarter and fiscal year highlights, which company top brass said positions the company for profit growth in fiscal year 2018.

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Rush Enterprises Adopts $40 Million Stock Repurchase Program

 

SAN ANTONIO, TEXAS — Rush Enterprises, Inc. (NASDAQ: RUSHA) (NASDAQ: RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that its Board of Directors approved a new stock repurchase program authorizing the company to repurchase, from time to time, up to an aggregate of $40 million of its shares of Class A common stock, $.01 par value per share, and/or Class B common stock, $.01 par value per share.