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Articles Tagged with ''CNH Global''

CNH Industrial Has Big Aspirations Following Merger

July 1, 2013 | Posted in Mergers & Acquisitions

The merger of CNH Global and its parent company, Turin, Italy-based Fiat Industrial S.p. A., goes beyond simply streamlining an unwieldy conglomerate.

Southeastern Management Now Owns 12% of CNH

May 14, 2013

Source: Meena Krishnamsetty and Matt Doiron

During the fourth quarter of 2012, Southeastern Management, a large mutual fund managed by billionaire Mason Hawkins, initiated a position of 1.5 million shares in CNH Global CNH +1.97%, a $10 billion market cap manufacturer of farm and construction machinery (see more of Southeastern's stock picks).

CNH 4Q Revenues Rise 3.4%; Full Year Up 7.6%

February 1, 2013 | Posted in Earnings Reports

CNH Global reported on January 31 that its net income for the fourth quarter of 2012 rose slightly to $195 million from $193 million for the last quarter of 2011.

Carraro Secures $470M CNH Contract for Axles, Transmissions

January 1, 2013 | Posted in Equipment & Equipment Sales

Power transmission specialist Carraro SpA has secured contracts with CNH Global worth $471 million over the next four years.

CNH Announces Changes in Its Alliance With Kobelco Construction Machinery

December 28, 2012 | Posted in Mergers & Acquisitions

CNH Global N.V. (NYSE: CNH), a global leader in the construction and agricultural equipment businesses, today announced that as a result of an ongoing strategic review of its construction equipment business, it is moving into the next phase of agreements with Kobelco Construction Machinery Co., Ltd.

CNH 1Q Earnings Easily Beats Street Forecast; Remains Conservative in its 2012 Outlook

April 30, 2012 | Posted in Earnings Reports

CNH Global easily surpassed analysts estimates for its first-quarter earnings, which continues to reinforce the strength of agriculture fundamentals particularly in North America.

Why CNH is Closing Its Georgia Tractor Plant

February 1, 2011

In a surprising move, CNH Global has revealed plans to close the assembly plant in Dublin, Ga., established by New Holland in mid-1970s to bring compact tractor production to the U.S.

AGCO, CNH Pursue ‘Global Platforms’ to Reduce Costs, Improve Margins on Mid-Range Tractors

January 1, 2011 | Posted in Equipment & Equipment Sales

A “global platform” concept that will reduce costs and improve margins through economies of scale is being pursued separately by AGCO and CNH Global to revitalize their mid-range tractors.

ARGO to Liquidate McCormick France Operations

January 1, 2011 | Posted in Mergers & Acquisitions

The remaining operations of a factory that was once a major International Harvester component manufacturing and tractor assembly plant could close as a result of the ARGO Group’s decision to liquidate the operating company, McCormick France, which is now being managed by a court-appointed administrator.

CNH & John Deere Reinforce Foothold in Russian Ag Equipment Market

June 1, 2010 | Posted in Ag Equipment Worldwide

The world’s two largest farm equipment manufacturers are raising the ante in their efforts to establish a foothold in the enormous Russian market for ag machinery.

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