Shares of CNH Global (CNH -10%) slump after reporting an 8% Y/Y drop in its Q4 profit and saying...

|About: CNH Global N.V. (CNH)|By:, SA News Editor

Shares of CNH Global (CNH -10%) slump after reporting an 8% Y/Y drop in its Q4 profit and saying demand for farm equipment could be flat this year. While results beat expectations, William Blair says CNH "had negative [operating] margins in construction when it should be turning the corner," and investors were concerned by its profit margins and 2012 outlook.