Navistar cuts '09 forecast

(AP) — Truck maker Navistar International Corp. on Tuesday narrowed its outlook for the current fiscal year because of expectations the global recession will last longer than expected.

Excluding costs tied to a settlement of litigation with Ford Motor Co. related to a diesel-engine pact, Navistar now expects to earn $2.80 to $3.10 per share. It had previously expected to earn $5.10 to...