Equipment Market Outlook: Page 12

Market Analysis
Navistar releases fourth quarter results
Navistar International Corp.
Navistar has reported its fourth quarter and full year 2015 financial results, reporting a $50 million net loss for the fourth quarter.
Market Analysis
Deere announces fourth quarter and full year earnings
John Deere Ag and Turf Division
Deere & Co. reports a decline in sales for the fourth quarter and full year 2015 due to weakness in the global agricultural and construction markets.
Engines
Donaldson reports first quarter 2016 earnings
Donaldson Company Inc.
Donaldson's first quarter 2016 sales decreased 9.8% due in part to negative impact from foreign currency translation and continued decline in the ag, mining and other off-road markets.
Market Analysis
Volvo truck deliveries rose 2% in October
Volvo Group Global
Volvo Group truck deliveries rose 15% in Europe and 6% in North America in October, but declined in both South America and Asia.
Electronics
Flux Power reports first quarter 2016 results
Flux Power Holdings Inc.
Flux Power revenue for the first quarter 2016 fiscal year declined compared to the previous quarter.
Engines
Westport third quarter results in line with 2015 expectations
Westport Fuel Systems Inc.
Westport reports a strong third quarter, and revenue results in line with its expectations for the 2015 financial year.
Drivetrains
Meritor reports 9% sales decrease for fourth quarter 2015
Meritor, Inc.
Meritor's fourth quarter fiscal year 2015 sales were down 9% from last year due mainly to weaker foreign currency exchange rates.
Engines
Omintek reports net revenue increase for third quarter 2015
Omnitek Engineering Corp.
Omnitek's third quarter net revenues increased 38% from a year ago.
Drivetrains
Titan reports 31% revenue decrease for third quarter 2015
Titan Tire Corp., a subsidiary of Titan Intl.
Titan's third quarter results decreased due in part to the continued cyclical downturn in key markets including agriculture and mining.
Market Analysis
New Flyer reports 1.1% revenue increase for 2015 third quarter
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer's third quarter results show a 1.11% consolidated revenue increase compared to Q3 2014.
Engines
Briggs & Stratton reports first quarter 2016 results, reaffirms guidance
Briggs & Stratton Commercial Power
Briggs & Stratton reports a stronger than expected first quarter for fiscal year 2016 due in part to late season activity in the lawn and garden markets.
Electronics
Maxwell reports revenue increase for third quarter 2015
Maxwell Technologies
Maxwell's third quarter results show a 19.3% revenue increase compared to the second quarter which was driven primarily by increased demand from the Chinese hybrid bus market.
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