International Business News - CNH http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif An expected stimulus package by Present-elect Barack Obama would drive a recovery in U.S. demand for construction equipment and other machinery, a J.P. Morgan analyst said Monday. http://www.ibtimes.com/articles/20081124/analyst-stimulus-plan-could-help-machinery-sector.htm Mon, 24 Nov 2008 12:11:56 EST Among the premarket stories for Monday, Nov. 24, from AP Financial News: NEW YORK (AP)--Citigroup Inc. shares looked to rebound Monday, a day after the government agreed to provide the bank a lifeline by investing an additional $20 billion in the company and offering to help it cover hundreds of billions of dollars of potential losses. http://www.ibtimes.com/articles/20081124/premarket-roundup-citigroup-hot-topic.htm Mon, 24 Nov 2008 09:19:25 EST An economic stimulus package that President-elect Barack Obama is expected to announce Monday will not likely have a major impact on manufacturing until the end of 2009 or later, an analyst said Monday. http://www.ibtimes.com/articles/20081124/ahead-of-the-bell-slow-impact-seen-in-stimulus.htm Mon, 24 Nov 2008 08:10:24 EST Shares of heavy-machinery makers that supply farming equipment rose Monday after China's government announced a huge fiscal stimulus commitment, partly aimed at the nation's rural infrastructure needs. http://www.ibtimes.com/articles/20081110/sector-snap-farming-equipment-makers-rising.htm Mon, 10 Nov 2008 11:58:53 EST Shares of machinery companies slid Wednesday as an analyst predicted lower third-quarter earnings because of shrinking global demand. J.P. Morgan analyst Ann Duignan wrote in a note that demand and production had deteriorated in most markets. http://www.ibtimes.com/articles/20081015/machinery-stocks-fall-as-analyst-predicts-bleak-3q.htm Wed, 15 Oct 2008 15:19:32 EDT Prospects for a prolonged earnings downturn and credit destabilization led an analyst Tuesday to cut his ratings on shares of a mining equipment maker and a farm equipment maker but raise his ratings on shares of a diversified manufacturer whose earnings should better withstand the turmoil. http://www.ibtimes.com/articles/20081014/analyst-downgrades-2-industrials-upgrades-another.htm Tue, 14 Oct 2008 09:13:12 EDT Shares of agricultural equipment makers dropped sharply Monday along with the broader stock market, which reeled from the House of Representatives' defeat of a proposed $700 billion rescue of the nation's financial system. http://www.ibtimes.com/data/articleimgs/157277-mccain-palin-2008.jpg http://www.ibtimes.com/articles/20080929/sector-wrap-agricultural-equipment-makers.htm http://www.ibtimes.com/articles/20080929/sector-wrap-agricultural-equipment-makers.htm Mon, 29 Sep 2008 16:10:01 EDT Rising demand for agricultural equipment and gains in market share have prompted CNH Global NV to reverse itself on a previously announced plant closing and will instead boost capacity and hire workers. http://www.ibtimes.com/articles/20080926/cnh-global-announces-plant-expansion.htm Fri, 26 Sep 2008 09:33:08 EDT Shares of two major mining equipment makers tumbled Tuesday after an analyst began covering them with a "Neutral" rating and a warning of "mounting cyclical headwinds." http://www.ibtimes.com/articles/20080902/sector-snap-mining-equipment-makers-falling.htm Tue, 02 Sep 2008 12:51:53 EDT The Canadian arm of Ford Motor Co. has appointed David Mondragon as president and chief executive officer. The move announced Monday by the Dearborn-based automaker is effective Sept. 1, when the company introduces its expanded 2009 model lineup. http://www.ibtimes.com/articles/20080825/mondragon-named-ford-of-canadas-president-ceo.htm Mon, 25 Aug 2008 20:45:37 EDT CNH Global NV, a Netherlands-based heavy equipment company, on Wednesday raised the lower end its fiscal year profit outlook range citing positive expectations for farm equipment demand. http://www.ibtimes.com/articles/20080723/cnh-global-tightens-outlook-citing-strong-market.htm Wed, 23 Jul 2008 09:19:49 EDT CNH Global NV, a Netherlands-based heavy equipment company, said Wednesday its second-quarter profit jumped 52 percent on strong industry wide demand for farm equipment and market share gains. http://www.ibtimes.com/articles/20080723/cnh-global-2q-profit-jumps-on-overseas-demand.htm Wed, 23 Jul 2008 09:04:11 EDT Cummins Inc. and units of Italy's Fiat Group SpA said Friday they will end their diesel engine joint venture, European Engine Alliance, giving Fiat full control of EEA. http://www.ibtimes.com/articles/20080718/cummins-fiat-unwind-joint-diesel-joint-venture.htm Fri, 18 Jul 2008 11:04:33 EDT A Wachovia analyst said late Monday that the U.S. Department of Agriculture's most recent crop report shows that while crop conditions continue to improve, they nevertheless have been effected by rough weather, possibly driving prices higher. http://www.ibtimes.com/articles/20080708/analyst-says-crops-improve-but-prices-could-rise.htm Tue, 08 Jul 2008 13:27:07 EDT CNH Global N.V., a supplier of agricultural and construction equipment businesses, said Monday it will implement a 5 percent surcharge on a range of products due to higher costs for steel, energy, commodities and transportation. http://www.ibtimes.com/articles/20080623/cnh-global-to-implement-5-percent-surcharge.htm Mon, 23 Jun 2008 18:27:44 EDT Shares of farm equipment companies got a boost Monday after an analyst suggested long-term demand for agricultural equipment remains strong. Wachovia Capital Markets analyst Andrew Casey said that based on recent checks with equipment dealers, North American demand for the machines continues to outpace supply and most manufactures are sold out for this year. http://www.ibtimes.com/articles/20080616/sector-snap-farm-equipment.htm Mon, 16 Jun 2008 13:14:53 EDT