Manufacturing

Electric School Bus Manufacturer ADOMANI Announces Initial Public Offering

Newport Beach, Calif. – ADOMANI Inc. (NASDAQ:ADOM), a provider of advanced zero emission vehicle solutions, announced today the completion of its Regulation A common stock offering and listing on the NASDAQ Capital Market under the ticker symbol ADOM. The company and certain selling stockholders sold more than 2.5 million shares in the offering at $5 per share, yielding proceeds to the company of approximately $9.2 million.

IC Bus Enters Gasoline School Bus Market

IC Bus joins the expanding gasoline market for conventional school buses with the unveiling of its new CE Series this week at the Oklahoma Association for Pupil Transportation conference.

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Navistar Reports Second Quarter 2017 Results

LISLE, Ill. — Navistar International Corporation (NYSE: NAV) today announced a second quarter 2017 net loss of $80 million, or $0.86 per diluted share, compared to a second quarter 2016 net income of $4 million, or $0.05 per diluted share.

REV Group, Inc. Reports Strong Fiscal Second Quarter Results

MILWAUKEE — REV Group, Inc. (NYSE:REVG) today reported results for the three months ended April 29, 2017 (“second quarter 2017”). Consolidated net sales in the second quarter of 2017 were $545.3 million, growing 13.6% over the three months ended April 30, 2016 (“second quarter 2016”). The increase was driven predominately by strong growth in the Fire & Emergency and Recreation segments. Year-to-date consolidated net sales were $988.3 million for the six months ended April 29, 2017, which was an increase of 15.9% over the first six months of fiscal 2016.