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Deere & Company stock price
Deere & Company latest news:
BRIEF-Deere plans to further drive cost reduction effort in 2018 and beyond
* Deere & co says global grain and oil seed stock to use
are forecast to remain at elevated but generally unchanged
levels in 2017 - conf call
Deere tops 4Q estimates, sees strong earnings in 2018
U.S. tractor maker Deere & Co on Wednesday forecast strong earnings for the coming fiscal year, while reporting fourth-quarter results ahead of Wall Street estimates, as it benefits from improving demand for farm machinery.
Deere tops 4th-qtr estimates, sees strong earnings in 2018
U.S. tractor maker Deere & Co (DE) on Wednesday forecast strong earnings for the coming fiscal year, while reporting fourth-quarter results ahead of Wall Street estimates, as it benefits from improving demand for farm machinery. Shares of the Moline, Illinois company known for its trademark green tractors rose 5 percent in premarket trading and were on track to open at a record high.
John Deere recalls 25,000 lawn tractors for a 'crash hazard'
Deere & Co. recalled about 25,000 lawn tractors, and 500 transmissions sold as parts, because the transmissions can fail, posing "a crash hazard." The company said there have been no reports of incidents or injuries. The recall involves John Deere model D105 tractors made in the U.S., sold from February 2016 through July 2017 at John Deere dealers, Home Depot and Lowe's stores nationwide for about $1,500. The service transmissions were sold by John Deere dealers from March 2016 through August 2017 for about $300. Deere's stock, which tacked on 0.7% in afternoon trade, have slipped 1.7% over the past three months, while the S&P 500 has gained 2.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Deere & Co says August retail sales in U.S. and Canada Ag less than industry
Deere & Co(DE) - * Says August retail sales in U.S. and Canada AG less than the industry. * Says August retail sales of selected turf & utility equipment in U.S. and Canada up single digit percent Source text : http://bit.ly/2gYBLod Further company coverage:
Deere to acquire Blue River Technology for $305 million
Deere & Co. said late Wednesday it's acquiring Blue River Technology to increase the machine-learning capabilities of farm equipment. Deere said it is paying $305 million to acquire the Sunnyvale, Calif.-based company, which uses computer imaging and machine learning for agricultural spraying and weeding equipment. Deere expects to close the acquisition in September. Shares of Deere were unchanged after hours at $116.22.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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