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Stock Market & Financial Investment News

News Breaks
February 12, 2014
10:09 EDTDEDeere sees modest GDP growth for 2014 with short term economic stress diminished
The company says risks still remain and grain prices and farm income are lower, but will remain near long-term average. In China, the subsidies are expected to be supportive of agriculure. In India, the Agriculture sector growth is expected due to a favorable 2013 monsoon season. Demand in the UK and Spain are expected to be lower but France and Germany may see upside. The gross value of agricultural production in Brazil is expected to increase 3% in 2014. Sees FY14 cost of sales as a percent of net sales at 75%; Sees FY14 R&D expense flat vs. FY13; Sees FY14 SG&A expense down 5% vs. FY13; Sees FY14 effective tax rate 34%-36%. Comments taken from slides for Q1 earnings conference call.
News For DE From The Last 14 Days
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April 16, 2015
07:36 EDTDEDeere management to meet with Deutsche Bank
Meeting to be held in Seoul, South Korea on April 16 hosted by Deutsche Bank.
April 15, 2015
08:21 EDTDEDeere management to meet with Deutsche Bank
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April 13, 2015
07:36 EDTDEDeere management to meet with Deutsche Bank
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06:47 EDTDEDeere reports March U.S./Canada utility tractor sales down less than 5%
Deere reports industry U.S./Canada utility tractor sales were down 5% in March, while Deere sales were down less than the industry in the month. Deere reports its U.S./Canada row-crop tractor retail sales were down more than the industry, which was down 19% in the month. Deere's U.S./Canada 4WD tractor retail sales were down more than the industry, which was down 24% in the month. In March, Deere's U.S./Canada combines retail sales were down more than the industry, which was down 48%. Information from Deere's retail sales comment for March posted to the company's investor relations website.
April 7, 2015
12:21 EDTDEDeere management to meet with Piper Jaffray
Meetings to be held in Chicago on April 7, in Milwaukee on April 8 and in Minneapolis on April 9 hosted by Piper Jaffray.

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