Despite the recent economic downturn, CNH remains a worthy heavy-equipment competitor.
A lesser player in North America, farming equipment OEM AGCO is slated to benefit internationally.
Bucyrus' acquisition of Terex's mining business will make it the largest player in mining equipment.
Hitachi's size is a possible detriment in competing with rivals and expanding overseas. Large organizations are typically slower to change than smaller entities.Hitachi's earnings outlook for 2010 is poor, and management expects the firm to post a loss.There are some indications that the
Deere is slated to benefit from long-run secular tailwinds, though near term challenges remain.
Aftermarket sales should help soften the blow of weak new machinery demand in Joy Global's 2010.
Though Terex has suffered during the recession, it looks poised for success after the downturn.
On Oct. 20, Caterpillar CAT reported third-quarter results that unsurprisingly reflect a continued end-market demand weakness. Nonetheless, the company remains optimistic for the fourth quarter and outlined better 2010 expectations than even our recently revised forecast. We tend to agree with ...