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Stock Market & Financial Investment News

News Breaks
August 15, 2014
09:01 EDTDEDeere to reduce size of manufacturing workforce by 600 employees
Deere announced it will reduce the size of its manufacturing workforce at some agricultural equipment factories in response to current market demand for its products. The action will place more than 600 employees at four locations on indefinite layoff. In addition, Deere is implementing seasonal and inventory adjustment shutdowns and temporary layoffs at several of the affected factories. When Deere announced third quarter earnings on Wednesday, the company said it planned to reduce agricultural equipment production in the company's fourth quarter. Employees have been informed at the affected facilities, which include John Deere Harvester Works, East Moline, IL; John Deere Seeding and Cylinder, Moline, IL; John Deere Des Moines Works, Ankeny, IA; and John Deere Coffeyville, Coffeyville, KS. No other locations are included in today's layoff announcement.
News For DE From The Last 14 Days
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September 16, 2014
10:40 EDTDEDeere CEO says no Russian ban on agriculture machinery so far
Says Russian sanctions are effecting financing arrangements. Comments made in CNBC interview.
10:35 EDTDEDeere CEO says in a period of low crop prices
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September 15, 2014
08:20 EDTDEGeorgetown University Law Center holds a discussion
Panel discussion entitled, "Arbitration in Brazil: Implications for Transnational Business" with Ken Reiss, Corporate Counsel at Northrop Grumman and Walter Regina, General Counsel for Latin America at John Deere is being held in Washington, D.C. on September 15 at 9 am.
September 11, 2014
14:10 EDTDESupply trends continue to be negative for ag equipment demand, says Wells Fargo
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September 10, 2014
15:44 EDTDEDeere reports U.S./Canada utility tractor sales up more than 9% in August
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September 8, 2014
05:50 EDTDEStocks with implied volatility movement; DE WAG
Stocks with implied volatility movement; Deere (DE) 15, Walgreen (WAG) 30 according to iVolatility.

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