Thursday, January 31, 6:12 AMCNH Global (CNH): Q4 EPS of $0.92 beats by $0.23. Revenue of $4.93B (+3% Y/Y) beats by $0.34B. (PR)
Comment![Earnings, Breaking News]
Wednesday, January 2, 9:07 AM
ISI Group upgrades the machinery sector after it does a bit of channel checking, and while the firm cuts estimates to below consensus, it reckons that the bottom will come in H1 as inventories are reduced. Caterpillar (CAT), CNH Global (CNH), Cummins (CUM), Deere (DE), Eaton (ETN), Illinois Tool Works (ITW), Ingersoll-Rand (IR) and Oshkosh (OSK) all receive an upgrade. ISI tips Caterpillar to be among the best performers in H1 after it was a notable laggard last year.
1 Comment[Quick Ideas]
Friday, November 23, 2012, 9:28 AM
Italy's Fiat has won over the board of its U.S. tractor and construction machinery unit CNH Global (CNH) with an improved $1.5B bid that would create the world's third-largest capital goods group by sales. The new offer, which adds a ~$300M cash dividend to a previous all-share bid, would allow Fiat to buy the 12% of CNH it doesn't already own. CNH +4.5% premarket.
Comment![Consumer, M&A, Global & FX, On the Move]
Wednesday, October 31, 2012, 6:14 AMCNH Global (CNH): Q3 EPS of $1.34 beats by $0.17. Revenue of $4.8B (+5% Y/Y) beats by $230M. (PR)
Comment![Earnings]
Wednesday, August 1, 2012, 6:28 AMCNH Global (CNH): Q2 EPS of $1.47 misses by $0.02. Revenue of $5.02B (+3% Y/Y) misses by $250M. (PR)
1 Comment[Earnings]
Wednesday, May 30, 2012, 4:49 AM
Fiat Industrial (FNDSF.PK) plans to merge with CNH Global (CNH), in which it owns 88%, and transfer the new company's primary listing to New York. Fiat would carry out the move via a share swap that wouldn't involve any cash. The merger should help improve the two companies' access to capital markets and lower borrowing costs.
Comment![M&A]
Wednesday, April 25, 2012, 6:23 AMCNH Global (CNH): Q1 EPS of $1.11 beats by $0.39. Revenue of $4.6B (+22.2% Y/Y) beats by $340M. (PR)
1 Comment[Earnings]
EliteYoda: Wow, what huge company would have the capital to buyout MOS?! Very interesting, I think IPI is a potential take out target as well. MOO, JJG
1/13/12
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1980XLS Please, somebody tell CNH and NVO they are european and are supposed to be going down, not up.
11/17/11
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1980XLS: I've always liked NVO, but was expecting a correction. CNH has fallen hard off $40 again. Don't underestimate what can happen. NSRGY, Sept 1
11/25/11
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JGNorman: NVO declined by 30% from their April High to their October low, before rebounding about 13%.
11/25/11
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1980XLS Buy to cover, 1100 shrs CNH $39.05 for .75 cent per share profit.
11/9/11
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1980XLS: CNH is both italian & european, and has doubled in 5 weeks. How could one go wrong? LOL. Probably covered my short too soon too!