CNH Global NV News

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Farm and construction equipment maker CNH Global NV on Friday said it has suspended sales to Iran, other than those required to fulfill binding contracts, in a move to support international diplomatic efforts.

CNH Global pushed the Industrial industry lower today making it today's featured Industrial loser.

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In an article published in Monday's Financial Times , Helen Thomas noted that mining majors BHP Billiton and Rio Tinto had announced last week that they were reconsidering tens of billions of dollars worth of development projects as China's growth rate slows, and that this could have knock-on effects for their suppliers: The cuts could spell the ... (more)

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Caterpillar reported solid first quarter results in late April 2012. Its operations remain a global bellwether for overall construction and industrial activity, and are quite reasonably valued right now.

Agricultural equipment manufacturer and seller AGCO International reported that first quarter 2012 profits jumped 50% thanks to a continued strong demand for the company's products.

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