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CNH expands network connectivity with Intelsat collaboration
Newsfilter· 2024-04-29 11:00
CNH expands network connectivity with Intelsat collaboration Field-ready connectivity option for hard-to-reach locations brings the power of precision agriculture to more CNH customers  Basildon, April 29, 2024 CNH (NYSE:CNHI) and Intelsat, operator of one of the world's largest integrated satellite and terrestrial communication networks, today announced a collaboration that will be the first to provide farmers ubiquitous access to the internet via a ruggedized satellite communications (SATCOM) service. Bas ...
Earnings Preview: CNH Industrial (CNHI) Q1 Earnings Expected to Decline
Zacks Investment Research· 2024-04-25 15:08
CNH Industrial (CNHI) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 2. On ...
CNH announces signing of a €3.25 billion committed revolving credit facility
Newsfilter· 2024-04-23 20:30
CNH announces signing of a €3.25 billion committed revolving credit facility Basildon, April 23, 2024 On April 19, 2024, CNH (NYSE:CNHI) signed a €3.25 billion committed revolving credit facility, intended for general corporate purposes of the Company. The facility, entered into with a group of 18 banks providing aggregate commitments in excess of €3.5 billion, has a 5-year tenor with two extension options of one year each, exercisable on the first and second anniversary of the signing date. It replaces an ...
CNH NAMES GERRIT MARX AS CEO: Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan
Newsfilter· 2024-04-21 16:21
CNH NAMES GERRIT MARX AS CEO Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan Basildon, April 21, 2024 CNH Industrial N.V. (NYSE:CNHI) announces the appointment of Gerrit Marx to the role of CEO effective July 1, 2024. He succeeds Scott Wine, whose request to leave the Company at the end of the current three-year business plan cycle to pursue other interests, has been accepted by the Bo ...
Olof Persson to replace Gerrit Marx as CEO of Iveco Group starting from July 2024
Newsfilter· 2024-04-21 16:15
Turin, 21st April 2024. The Board of Iveco Group N.V. (EXM: IVG) (or "the Group") announces that Olof Persson will succeed Gerrit Marx as Group CEO when the latter leaves the Group to take up his appointment as the CEO of CNH Industrial N.V. (NYSE:CNHI) on 1st July 2024. Mr. Persson, who is currently an Iveco Group Board Independent Director, will step in to the role of CEO, having been closely involved in the development of the Group's plans as presented at our recent Capital Markets Day. Suzanne Heywood, ...
CNH to release 2024 First Quarter financial results on May 2
Newsfilter· 2024-04-18 10:00
CNH to release 2024 First Quarter financial results on May 2 Basildon, April 18, 2024 CNH (NYSE:CNHI) will release its 2024 First Quarter financial results on Thursday, May 2, 2024. A live audio webcast of the financial results conference call will begin at 9:00 a.m. EDT (2:00 p.m. BST / 3:00 p.m. CEST) on the same day. It will be accessible at the following address: bit.ly/CNH_Q1_2024 For those unable to participate in the live session, a replay will remain archived in the Investor Relations section of th ...
Pricing of CNH Industrial Capital Canada Ltd. Cdn$400 million notes
Newsfilter· 2024-03-21 21:15
Basildon, March 21, 2024 CNH Industrial N.V. (NYSE:CNHI) today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd., has priced Cdn$400 million in aggregate principal amount of 4.80% notes due March 25, 2027, with an issue price of 99.876%. The notes are being offered on a private placement basis to certain accredited investors in each of the provinces of Canada, which offering is expected to close on March 25, 2024, subject to the satisfaction of customary closing conditi ...
Pricing of CNH Industrial Capital LLC $600 million notes
Newsfilter· 2024-03-19 21:30
Basildon, March 19, 2024 CNH Industrial N.V. (NYSE:CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $600 million in aggregate principal amount of 5.100% notes due 2029, with an issue price of 99.157%. The offering is expected to close on March 21, 2024, subject to the satisfaction of customary closing conditions. CNH Industrial Capital LLC intends to add the net proceeds from the offering to its general funds and use them for working capital and other general c ...
CNH (CNHI) Up 0.7% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-15 16:35
A month has gone by since the last earnings report for CNH Industrial (CNHI) . Shares have added about 0.7% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is CNH due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. CNH Industrial Q4 Earnings Beat Estimates, Rise Y/YCNH I ...
CNH brands recognized with iF Design Awards
Newsfilter· 2024-03-14 14:00
CNH brands recognized with iF Design Awards Basildon, March 14, 2024 CNH brands Case IH and STEYR have each won a prestigious iF Design Award. Since their inception in 1953, these prestigious annual awards have been renowned as a global symbol of excellence in design. The Quadtrac 715, the highest horsepower machine Case IH has ever built, was recognized alongside the STEYR Plus Tractor, which offers all-round versatility for today's mixed and livestock farms. Both vehicles blend innovative style and aesthe ...