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6 pts

Opinion on  CNH Global N.V. (CNH)     Sector: Capital Goods  >  Industry: Constr. & Agric. Machinery
CNH Global N.V.

Jul 08, 2008 08:15 AM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Analyst Recommendation  

CNH Global N.V. engages in the manufacture, marketing, and distribution of a range of agricultural and construction equipment worldwide. It operates in three segments: Agricultural Equipment, Construction Equipment, and Financial Services. The Agricultural Equipment segment primarily manufactures agricultural tractors, combine harvesters, hay and forage equipment, seeding and planting equipment, tillage equipment, and sprayers, as well as grape, cotton, coffee, and sugar cane harvesters. The Construction Equipment segment manufactures heavy equipment, such as crawler excavators; wheeled excavators and loaders; graders, dozers, and articulated haul trucks for various applications. It also offers light construction equipment, including backhoe loaders, skid steer loaders, compact track loaders and wheel loaders, and telehandlers. In addition, this segment provides a range of replacement parts and services to support its equipment. It serves municipalities, local governments, rental fleet owners, quarrying and mining companies, waste management companies and forestry-related concerns, contractors, residential builders, utilities, road construction companies, rental fleet owners, landscapers, logistics companies, and farmers. The Financial Services segment provides financial service products, including retail financing for the purchase or lease of the company’s new and used products, as well as for the other manufacturer’s products; and other retail financing programs. This segment also provides wholesale financing to its dealers. CNH Global sells and distributes its products primarily through a network of dealers and distributors in approximately 160 countries. The company was founded in 1991 and is based in Amsterdam, the Netherlands. CNH Global N.V. is a subsidiary of Fiat Netherlands Holding N.V.


CNH:  This call was made on 07/08/08 @ $29.35
Rating:   Positive   $29.35 (07/08/08)
Gain/Loss:   -16.29% in 507 days


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