Wednesday, October 24, 2007

When the CAT's Away CNH Will Pay (Dividends)

While Caterpillar's 3rd quarter earnings were disappointing, CNH, makers of CASE construction and agricultural equipment posted big numbers with a net income up 82% since 2006. CNH's 3rd quarter earnings report cited strong agricultural equipment sales worldwide and strong worldwide construction sales which made up for the declining American construction sales along with restructuring as reasons for the good news.

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