No upturn in sight for U.S. farm equipment makers

Newswire

By Susan Kelly CHICAGO, April 24 (Reuters) - Two U.S. farm equipment makers painted a gloomy outlook for the beleaguered sector on Thursday even as they reported improved quarterly results. CNH Global NV , one of the world's largest makers of tractors and combines, lowered its industry outlook for global farm equipment demand, noting a high degree of political and economic uncertainty in most major markets. The maker of Case IH and New Holland brand equipment said industrywide sales ...

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