UPDATE 1-CNH posts higher quarterly profit

Newswire

(Add details on results) CHICAGO, Jan 24 (Reuters) - CNH Global NV on Wednesday posted a higher fourth-quarter profit as the farm and construction equipment maker's ability to raise prices in key markets lifted margins. The company, an affiliate of Italian carmaker Fiat SpA , reported net income 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 from a previous restructuring, profit was 39 cents a ...

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