CNH INDUSTRIAL N.V. Stock Price, News & Analysis

CNH Industrial N.V. (NYSE: CNHI) released its corporate calendar for 2022, outlining key financial dates for earnings releases:

• February 8, 2022: Q4 and Full Year 2021 results
• May 3, 2022: Q1 2022 results
• July 29, 2022: Q2 2022 results
• November 8, 2022: Q3 2022 results

Additionally, the Annual General Meeting for 2021 financial statements is set for April 13, 2022. Analysts can access live webcasts of financial presentations on the corporate website.

CNH Industrial (NYSE: CNHI) will host its Capital Markets Day on February 22, 2022, from 11:00 a.m. to 4:00 p.m. EST at The Fillmore Theater in Miami Beach, Florida. CEO Scott W. Wine and the Senior Leadership Team will present the company's strategic business plan after the recent spin-off of its On-Highway activities. The event will cover long-term priorities, technology roadmap, financial outlook, and ESG targets. A live webcast will be available, and a replay will be accessible in the Investor Relations section of the company’s website.

On January 4, 2022, CNH Industrial N.V. (NYSE: CNHI) received a credit rating upgrade from Fitch Ratings, raising its Long-Term Issuer Default Rating (IDR) from 'BBB-' to 'BBB+'. This upgrade was also reflected in the rating for CNH Industrial Finance Europe S.A., which was increased to 'BBB+'. The Outlook is Stable, indicating a positive outlook for the company following the demerger of Iveco Group N.V. This rating enhancement signifies improved financial stability and creditworthiness, which could positively impact CNHI's future financing conditions.

CNH Industrial (NYSE: CNHI) begins 2022 trading as a focused agriculture and construction player following a strategic separation of its businesses. The spin-off, announced in 2019, allows for enhanced management and innovation in the sector. The company aims to grow its five core brands: Case IH, New Holland Agriculture, STEYR, CASE, and New Holland Construction. CNH Industrial plans to present its future direction at a Capital Markets Day on February 22, 2022. CEO Scott W. Wine emphasizes commitment to customer success and sustainable practices.

CNH Industrial has successfully executed the deed of demerger on December 31, 2021, leading to the formation of Iveco Group N.V. as an independent public company. The demerger will be effective on January 1, 2022, with trading of Iveco Group shares starting on Euronext Milan under the ticker IVG on January 3, 2022. Advisers for this transaction included major financial firms like Morgan Stanley and Goldman Sachs. Investors are cautioned to review the Prospectus to understand the risks associated with the shares.

On December 30, 2021, CNH Industrial (NYSE: CNHI) announced the completion of its acquisition of 90% of Sampierana S.p.A., an Italian company specializing in earthmoving machines and spare parts. Initially announced on August 30, 2021, the remaining 10% will be acquired over the next four years to facilitate a smooth management transition. This acquisition strengthens CNH Industrial's position in the capital goods sector, enhancing its product offerings and market presence.

The Iveco Group N.V. has received approval to list its common shares on Euronext Milan, with trading expected to commence on January 3, 2022. Following the demerger from CNH Industrial N.V., which will take effect on January 1, 2022, shareholders will receive one IvG share for every five CNHI shares held. The demerger aims to create a focused entity on trucks and specialty vehicles, enhancing operational efficiency. The prospectus outlines the risks associated with this investment, and interested investors are advised to review it before making any decisions.

On December 23, 2021, CNH Industrial N.V. (NYSE: CNHI) announced shareholder approval for the demerger of Iveco Group from CNH Industrial, with over 99% in favor. The demerger is expected to complete on December 31, 2021, with an effective date of January 1, 2022. Shareholders are entitled to one share of Iveco Group for every five CNH Industrial shares held as of January 4, 2022. Additionally, two new non-executive directors were appointed during the meeting. This announcement serves as an advertisement and is not a prospectus for the public offering of shares.

CNH Industrial announced the sixth iteration of its IVECO Solidarity Cargo initiative, which supports communities in Brazil affected by the pandemic. This year's focus is on the town of Cantanhede, where donations include sewing machines, toys, and educational equipment for schools. The project, active since 2015, targets areas with low Human Development Index ratings, aiming to uplift those in social vulnerability. Through such efforts, CNH Industrial and IVECO strive to bring hope and joy to communities during the holiday season.