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Tag: CNHI Stock

  • Do You Know Why CNH Industrial (CNHI) Stock Is Rising Today?

    Do You Know Why CNH Industrial (CNHI) Stock Is Rising Today?

    The shares of CNH Industrial N.V. (NYSE: CNHI) are experiencing an ascent in the market today, marking a notable increase of 4.80% to reach $11.26 in the latest assessment during the current trading session. This surge in CNH Industrial stock is attributable to a series of recent developments that transpired yesterday.

    CNH Industrial (CNHI) officially communicated on November 30, 2023, that S&P Global Ratings has elevated its long-term issuer credit ratings for CNHI and its subsidiary, CNH Industrial Capital LLC. The rating agency has upgraded CNHI’s rating from ‘BBB’ to ‘BBB+’, concurrently affirming the ‘A-2′ short-term issuer credit rating.

    Furthermore, S&P Global Ratings has raised the issue-level ratings on CNH Industrial and its industrial subsidiaries’ debt, along with the issue-level ratings on CNH Industrial Capital LLC’s senior unsecured debt, from ‘BBB’ to ‘BBB+’.

    In a separate press release, CNHI proudly announced its acknowledgment by the Government of Cordoba and the Chamber of Foreign Trade (CACEC) with a distinctive accolade in the “Industrial Innovation” category at the Industry Day Awards. This prestigious event unfolded in the grandeur of the Libertador General San Martin theater, graced by the presence of notable national and provincial authorities.

    The recognition bestowed upon CNH Industrial was attributed to its proficiency in deploying innovative tools, such as the multi-camera system with OBS Studio and touch screens for virtual interaction. Additionally, commendation was extended for the company’s strategic initiatives in augmented reality, virtual reality, and the Metaverse.

    CNH’s unwavering commitment to educating its clientele and dealerships in cutting-edge technology is deeply rooted in its dedication to enhancing the efficiency of the global dealer network and satisfying the needs of its customers worldwide. This special acknowledgment stands as a testament to the daily endeavors and both minor and major innovations implemented at CNHI’s Cordoba plant.

    With an unwavering focus on customer satisfaction, CNH Industrial persistently collaborates with its strategic allies, the dealerships, utilizing new digital and connected tools to elevate service standards. The company has notably excelled in prioritizing the training and education of its dealer and customer network.

  • Don’t Miss these 10 Farm & Heavy Construction Machinery Stocks ‎

    Don’t Miss these 10 Farm & Heavy Construction Machinery Stocks ‎

    Companies that produce agriculture and construction machinery, including tractors, ‎planting devices, ‎harvesters, excavators, and machinery and equipment associated with ‎agriculture and construction, ‎are in the farm & heavy construction equipment industry. This ‎would often involve transportation ‎companies providing both local and long-distance ‎trucking and transfer services with freight and ‎passenger supplies.‎
    ‎ The following stocks are the best performers in Farm & Heavy Construction Machinery.‎‎

    AGCO Corporation (NYSE:AGCO) shares were trading up 3.09% at $102.88 at the ‎time of writing on Friday. The company recently revealed the election of Bob De Lange to its Board of ‎Directors effective January 1, 2021.

    AGCO Corporation (NYSE:AGCO) share price went from a low point around ‎‎$35.33 to briefly over $100.06 in past 52 weeks, though shares have since pulled back to $102.88. AGCO ‎market cap has remained high, hitting $7.48B at the time of writing, giving it price-to-sales ratio of ‎more than 0.

    ‎If we look at the recent analyst rating AGCO, Morgan Stanley upgraded ‎coverage on AGCO shares with an Overweight rating and a $103.53 price target, ‎which implies room for 0.65% upside momentum this year.

    Caterpillar Inc. (CAT) last closed at $180.96, in a 52-week range of $87.50 to ‎‎$183.81. On December 9, 2020, the board of directors of company voted to maintain the quarterly cash ‎dividend of one dollar and three cents ($1.03) per share of common stock, payable on February 19, ‎‎2021 to shareholders of record at the close of business on January 20, 2021. Analysts have a consensus ‎price target of $173.75.

    CNH Industrial N.V. (CNHI) stock soar by 3.17% to $12.06. The company recently ‎reported the early repayment of GBP 600,000,000 commercial paper under the Joint HM Treasury and ‎Bank of England’s Covid Corporate Financing Facility (CCFF) The most recent rating by Deutsche Bank, ‎on December 15, 2020, is at a Buy.

    Deere & Company (NYSE:DE) Shares headed rising, higher as much as 2.33%. ‎The firm lately revealed that it has been honored in the Robotics category of the 2021 CES Innovation ‎Awards, which recognize outstanding product design and engineering in consumer technology ‎products. The most recent rating by Oppenheimer, on December 15, 2020, is at an Outperform.

    Navistar International Corporation (NYSE:NAV) fall -0.09% after losing more ‎than -$0.04 on Friday.

    Oshkosh Corporation (OSK) last closed at $85.75, in a 52-week range of $46.72 ‎to $95.62. On December 4, 2020 the firm declared that it has been named to the 2020 Dow Jones ‎Sustainability World Index (DJSI), highlighting Oshkosh’s commitment to sustainable business ‎practices. Analysts have a consensus price target of $93.41.

    PACCAR Inc (PCAR) stock soar by 0.28% to $86.01. The most recent rating by ‎Morgan Stanley, on December 15, 2020, is at an Equal-weight.

    Terex Corporation (NYSE:TEX) Shares headed falling, lower as much as -1.86%. ‎The company reported on December 14, 2020, that Christopher Rossi has been appointed to the ‎Company’s Board of Directors, effective January 1, 2021. The most recent rating by Stifel, on ‎December 15, 2020, is at a Buy.

    Titan International Inc. (NYSE:TWI) rose 0.46% after gaining more than $0.02 on ‎Friday. The company on December 3, 2020 revealed the completion of the sale of its Brownsville, ‎Texas facility.

    Wabash National Corporation (WNC) last closed at $17.35, in a 52-week range of ‎‎$6.26 to $19.17. On December 16, 2020, the firm reported its intent to sell the Beall brand of tank ‎trailers and associated assets to MAC Trailer Enterprises Inc. Analysts have a consensus price target of ‎‎$18.60.