Data & Forecasts

Ag Equipment Intelligence

Canadian Dealerships Show Mixed Results in 1Q

Two publicly held Canadian dealerships — Cervus Equipment Corp. (“CVL” – John Deere) and Rocky Mountain Dealerships (“RME” – Case IH & New Holland) — issued first-quarter earnings reports on May 11. According to Raymond James Ltd. analyst Ben Cherniavsky, one hit the mark while the other didn’t live up to expectations.
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CNH Global Suspends Sales to Iran

CNH Global N.V. supports the international efforts for a diplomatic solution of the issues relating to the relations with Iran. In this respect, CNH announces that, effective immediately, its subsidiaries will no longer carry out business activity related to products or components where the ultimate destination of such products is known to be Iran, other than to the limited extent required to fulfill already existing binding obligations
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