CNH posts higher quarterly profit

Newswire

CHICAGO, Jan 24 (Reuters) - CNH Global NV on Wednesday posted a higher quarterly profit. The farm and construction equipment maker, an affiliate of Italian carmaker Fiat SpA , reported a fourth-quarter net profit of $35 million, or 15 cents a share, compared with $7 million, or 3 cents a share, a year earlier. Stripping out the effects of charges related to a previous restructuring, the company reported a profit of 39 cents a share. Analysts, on average, expected the Lake Forest, ...

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