CNH Global NV News

CNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million expansion in Lebanon that will result in 100 new jobs by 2014, the company announced Monday night.

Deere & Company , the big farm equipment dealer, announces earnings before the open next Wednesday, May 15, 2013.

The firm currently has a "sell" rating on the stock. Several other analysts have also recently commented on the stock.

Strong economic data helped S&P 500 index close at a new record high on Tuesday.

*First quarter Net Sales of $4.7 billion +1% *Agricultural equipment net sales of $3.9 billion +9% *Construction equipment net sales of $754 million -26% *First quarter Equipment Operations' Operating Profit of $443 million, margin of 9.4% for the period *First quarter diluted EPS attributable to CNH common shareholders $1.33 per share, compared to ... (more)

BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday.

Truck and engine manufacturers Fiat Industrial SpA and Cummins Inc. are counting on rebounding sales of commercial trucks this year after seeing demand for trucks skid for most of the past 12 months.

Italian truck and tractor maker Fiat Industrial is in the process of filing the paperwork for permission to list shares in the U.S., said the company's chairman on Tuesday.

Toward the end of trading Tuesday, the Dow traded up 0.03 percent to 14,822.87 while the NASDAQ gained 0.46 percent to 3,322.33. The S&P also rose, gaining 0.09 percent to 1,595.76. Index Technicals: The S&P is stalling at its 1,556/1,597 highs, with 1,575 acting as support below.

CNH Global NV on Tuesday reported a 21 percent increase in first-quarter profit on "continued solid market conditions" in the agricultural sector, strong industrial performance and better results from its financial services business.

CNH Global issued its quarterly earnings data on Tuesday. The company reported $1.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.97 by $0.36, Analyst Ratings.Net reports.

Case IH presented a selection of tractor models to members of the Union of Industrialists and Entrepreneurs of Turkmenistan at a dedicated event held in Ashgabat at the Union's Auditorium on April 29.

The firm currently has a $50.90 price target on the stock. CNH has been the subject of a number of other recent research reports.