CNH Industrial NV

CNH: XNYS (USA)
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CNH Industrial Earnings: JV Formed for Construction Equipment and Path to Pure Play in Ag Equipment

CNH Industrial reported flat third-quarter sales of $4.4 billion amid ongoing weakness in global agricultural markets, but adjusted net income of $205 million ($0.16 EPS), up from $109 million last year. CNH announced a joint venture with Kobelco Construction Machinery and will retain a 30% stake.

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