Shares of Navistar (NAV +7.3%) have managed to claw back most of last week's big losses...

|About: Navistar International Corp... (NAV)|By:, SA News Editor

Shares of Navistar (NAV +7.3%) have managed to claw back most of last week's big losses following its disclosure that it was going to log a big Q3 loss and suspend guidance while it digs out from its disastrous engine strategy. More interesting is that today's upside swing comes in the face of a downgrade by Fitch, and comments by the company that it's considering a round of job cuts to save costs.