UPDATE 2-CNH Global posts higher quarterly profit

Newswire

(Add details on outlook, industry background) CHICAGO, Jan 24 (Reuters) - CNH Global NV posted a higher fourth-quarter profit on Wednesday as the farm and construction equipment maker was able to make price hikes stick. But the company forecast flat-to-lower industry sales of tractors and combines in North America this year, despite the sharply higher prices that farmers are enjoying for crops like corn. The company, an affiliate of Italian carmaker Fiat SpA , said it believes industry ...

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