CNH Global reports 3Q loss
bizjournals (Free subscription) | 10/21/2009
Agricultural and construction equipment manufacturer CNH Global NV reported a net loss for the third quarter on a 32 percent drop in sales. (CNH)
CNH Global NV
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CNH Global posts loss; plans more job cuts
Market Watch (Free subscription) | 10/21/2009
TEL AVIV (MarketWatch) -- CNH Global N.V., the Burr Ridge, Ill., producer of agricultural and construction equipment, swung to a third-quarter net loss from a year-earlier profit on 32% lower sales. The loss was $25 million, or 11 cents a share, compared with net income of $252 million, or $1.06, in the year-earlier quarter. The latest adjusted loss was 9 cents a share compared with...
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Deere reports quarterly net loss
Reuters (Free subscription) | 11/25/2009
... and other agricultural equipment rise and fall along with farm income, Deere and competitors CNH Global NV () and Agco Corp () have seen demand deteriorate and have been scaling back production and cutting workers.Deere expects a huge jump in pension costs next year, which analysts believe could shave 60 cents off its earnings.The Moline, Illinois-based company reported a net loss of $222.8...
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Case IH chief Baker to lead P&H Mining
The Business Journal of Milwaukee (Free subscription) | 11/19/2009
Joy Global Inc. said Thursday that Randal Baker, the former chief executive officer of CNH Global NV's Case IH brand, has been hired as president and chief operating officer of its surface mining equipment business, P&H Mining Equipment, and executive vice president of Joy Global Inc.
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Joy Global Inc. Announces Randal Baker as New President and COO – P&H Mining Equipment
Business Wire (Free subscription) | 11/19/2009
MILWAUKEE--(BUSINESS WIRE)--Joy Global Inc. (Nasdaq: JOYG) today announced that on November 30, 2009, Randal W. Baker will join the company as president and chief operating officer of its surface mining equipment business, P&H Mining Equipment, and executive vice president of Joy Global Inc. Mr. Baker joins Joy Global from CNH Global N.V., where he was president and chief executive...
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CNH: CNH Appoints Andreas Klauser President and CEO of Case IH
Market Wire (Free subscription) | 11/18/2009
BURR RIDGE, IL (MARKET WIRE) CNH Global N.V. (NYSE: CNH) today announced the appointment of Andreas Klauser as President and Chief Executive Officer of Case IH Agricultural Equipment, replacing Randal W. Baker, effective November 30, 2009.
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CNH: CNH to Participate in Citi North American Credit Conference
Market Wire (Free subscription) | 11/16/2009
... 16, 2010. The link to the webcast can also be accessed through CNH's corporate website at . CNH Global N.V. is a world leader in the agricultural and construction equipment businesses. Supported by more than 11,300 dealers in 170 countries, CNH brings together the knowledge and heritage of its Case and New Holland brand families with the strength and resources of its worldwide commercial,...
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Strangle Strategist Bets on a Sharp Move for Deere & Company (DE)
Climateer Investing (Free subscription) | 10/22/2009
After hitting a 52-week high yesterday, the stock is trading down 62 cents at $47.48. The company doesn't report earnings until Nov. 25. From Schaeffer's Daily Option blog: Call traders were fond of Deere & Company ( DE : chart , options ) on Wednesday, as the stock received a halo lift from competitor CNH Global NV's (CNH) optimistic outlook. During the course of the session, the farming...
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CNH: CNH Reports Third Quarter 2009 Results
Market Wire (Free subscription) | 10/21/2009
BURR RIDGE, IL (MARKET WIRE) CNH Global N.V. (NYSE: CNH)
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TRUCKMAKERS' NEWS * USA - Mack Trucks 100th Anniversary Badge
trucks world news (Free subscription) | 10/22/2009
... 3Q Loss Burr Ridge,IL,USA - Dow Jones/The Wall Street Journal, by Bob Tita -October 21, 2009: -- CNH Global NV (CNH) said it expects gradual improvement in sales of its farm and construction equipment next year, but swung to a third-quarter loss Wednesday... The company, whose brands include Case and New Holland , offered a more subdued sales outlook for its construction business than rival...
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CNH Teams Up With TISCO to Rapidly Expand Gold Value(TM) Parts Offering
The Earth Times Online Newspaper (Free subscription) | 10/14/2009
RACINE, WI -- 10/14/09 -- CNH Global N.V. (NYSE: CNH) today announced a Memorandum of Understanding with independent parts distributor TISCO of Roseville, Minn., that calls for TISCO to supply parts for the Gold Value(TM) line of CNH Original Parts..
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CNH: CNH Teams Up With TISCO to Rapidly Expand Gold Value(TM) Parts Offering
Market Wire (Free subscription) | 10/14/2009
RACINE, WI (MARKET WIRE) CNH Global N.V. (NYSE: CNH) today announced a Memorandum of Understanding with independent parts distributor TISCO of Roseville, Minn., that calls for TISCO to supply parts for the Gold Value(TM) line of CNH Original Parts. This arrangement is subject to finalization of a Supply Agreement between CNH and TISCO.