CNH Industrial NV (CNHI.MI)
18 May 2018
BRIEF-CNH Industrial announces retiree benefits alignment following favorable U.S. supreme court ruling
* CNH INDUSTRIAL ANNOUNCES RETIREE BENEFITS ALIGNMENT FOLLOWING FAVORABLE U.S. SUPREME COURT RULING
MILAN Fiat Chrysler said on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and distributing shares in a new holding for 99-year old parts business to FCA investors.
MILAN, April 5 Fiat Chrysler said on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and distributing shares in a new holding for 99-year old parts business to FCA investors.
MILAN, March 20 Shares in CNH Industrial fell more than 2 percent on Tuesday after the trucks and tractor maker said Chief Executive Richard Tobin would step down to pursue another executive opportunity.
The U.S. Supreme Court on Tuesday threw out a class action filed by retirees of CNH Industrial seeking lifetime healthcare benefits, saying the lower court had misconstrued a collective bargaining agreement between the retirees and the United Kingdom-based industrial equipment manufacturer.
The following factors could affect Italian markets on Thursday.
* ANNOUNCE NEW STRATEGIC PARTNERSHIP TO REDEFINE WORLD OF CONNECTED INDUSTRIAL VEHICLES
MILAN, Jan 30 Trucks and tractor maker CNH Industrial reported a drop in operating profit margins for its industrial activities in the fourth quarter despite a 17 percent jump in sales.
* WILL ALSO BE RECOMMENDING A REAUTHORIZATION AND UPSIZING OF COMPANY'S SHARE REPURCHASE PROGRAM TO $700 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)
* Q4 OPERATING PROFIT OF INDUSTRIAL ACTIVITIES USD 468 MILLION VERSUS USD 412 MILLION YEAR AGO