Tractor maker CNH Global posts higher profit

Newswire

LAKE FOREST, Ill., July 24 (Reuters) - CNH Global NV , the world's largest maker of tractors and combines, on Wednesday reported a higher quarterly profit as increased sales in Western Europe and Latin America offset lower sales in North America. Net income rose to $39 million, or 11 cents a share, from $6 million, or 2 cents, in the same period a year ago. Consolidated revenue rose to $2.71 billion from $2.69 billion. The analysts' consensus estimate was 12 cents per share, with a range ...

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