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Stock Market & Financial Investment News

News Breaks
November 12, 2012
13:22 EDTDEDeere breaks out above its 10-day moving average, levels to watch
Shares have broken out above the 10-day moving average, last at $85.37 and now support. Next resistance is at $86.91.
News For DE From The Last 14 Days
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August 26, 2014
09:33 EDTDEJefferies to hold booth tours at farm show
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09:30 EDTDEGlobal Hunter Securities to hold meetings at farm show
Global Hunter Events at Farm Progress Show in Boone, Iowa on August 26-27.
09:25 EDTDEFarm Progress Companies to hold a show
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07:22 EDTDEUBS to hold a tour
Iowa Machinery Tour travels through Iowa on August 26-27.
August 22, 2014
12:43 EDTDEDeere, AGCO fall after analyst cuts ratings to sell
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12:40 EDTDEDeere layoffs consistent with thesis, says Wells Fargo
After Deere (DE) announced that it would lay off 60 employees at its Waterloo, Iowa, manufacturing facility, Wells Fargo says the layoffs are consistent with the firm's view that the farm equipment cycle is in decline. The firm thinks that farm equipment manufacturers' earnings power are poised to decline ,and it keeps Underperform ratings on Deere and AGCO (AGCO).
10:01 EDTDEOn The Fly: Analyst Downgrade Summary
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09:00 EDTDEDeere announces 460 Waterloo layoffs
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08:17 EDTDEDeere downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded Deere to Underperform based on weakening demand and excess inventory that will pressure revenues. Price target lowered to $75 from $85.

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