Truck maker Navistar International Corp. on Monday predicted a larger-than-expected loss for the first quarter of 2004 due to holiday production shutdowns that would affect operations, Reuters reported.

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The news agency said that, even though the company reaffirmed its previously lowered 2004 profit forecast of $US2.02 a share, it said it anticipated a first-quarter loss of 40 cents to 50 cents a share, compared with a quarterly loss of $1.49 a year earlier.


According to Reuters Research, analysts have been expecting the maker of International trucks to report, on average, a quarterly loss of 35 cents a share and 2004 profit of $2.64.

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