CHICAGO (Reuters) - Deere & Co , the world's largest maker of farm equipment, will lay off more than 900 employees at plants in Iowa and Illinois in the latest round of job cuts spurred by a decline in grain prices that is hurting demand for agricultural machinery.
CHICAGO, Jan 23 (Reuters) - Deere & Co , the world's largest maker of farm equipment, will lay off more than 900 employees at plants in Iowa and Illinois in the latest round of job cuts spurred by a decline in grain prices that is hurting demand for agricultural machinery.
We are maintaining Deere and Co .'s $87 fair value estimate ..... 500 million (1.5% of Deere 's market capitalization ..... prior announcements to sell John Deere Landscapes and a majority interest in Deere Water. In both cases
90 fair value estimate for Deere by $3-$5 following the ..... Despite strong earnings, Deere provided a somber 2015 outlook ..... we are not going as low as Deere 's trough outlook. In particular ..... and soybean futures prices. Deere 's long-term competitive ..... toward lower-margin small tractors and weak sales volume. Deere
Liberty Media Class A LMCA shares. As for the sales reported for the third quarter, the firm eliminated its stake in Deere DE (netting an estimated $340 million), and unloaded close to two thirds of its holdings in ConocoPhillips COP (for
Kwame Webb: We believe [TICKER: DE ] Deere & Co ., the world's largest manufacturer of agricultural ..... highly successful throughout North America, [TICKER: DE ] Deere is more than just a North American story. In fact
an American industrial renaissance, Zidle recommends avoiding stocks in big manufacturers like Caterpillar ( CAT ) or Deere ( DE ) that export into markets where the U.S. dollar is appreciating. Global turmoil makes the American dollar more attractive
formidable list of key competitors in the precision ag industry, including Trimble Navigation TRMB, Topcon (Japan), and Deere DE . Nevertheless, Raven's applied technology operating margins have held steady between 29% and 35% since 2009, which
and narrow-moat rating for Deere following its second-quarter ..... lower agricultural sales at Deere . This will be amplified by ..... lower-margin small and medium tractors that are being purchased by ..... In the full-year outlook, Deere did expect stronger revenue ..... an insignificant portion of Deere ’s $1.6 billion of operating
Pacific UNP and Kansas City Southern de Mexico (up 5.1% and 3.6% year ..... revenue came from Kansas City Southern de Mexico, so Mexican operations represent ..... construction equipment peers AGCO AGCO and Deere DE . General Electric GE The market continues