July 31 (Reuters) - Farm and construction equipment
maker CNH Industrial ( CNH ) on Wednesday lowered its full-year
profit forecast, as slowing demand for its tractors and combines
keeps hopes for a recovery in the second half of the year muted.
The company now expects its full year adjusted profit to be
in a range of $1.30 to $1.40 per share, compared with $1.45 to
$1.55 per share previously.