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Deere & Co (DE.N)

DE.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Deere & Co Says CEO Samuel Allen's FY 2017 Total Compensation $16.1 Mln Vs. $18.6 Mln In FY 2016
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Deere & Co ::DEERE & CO SAYS CEO SAMUEL ALLEN'S FY 2017 TOTAL COMPENSATION $16.1 MILLION VERSUS $18.6 MILLION IN FY 2016 - SEC FILING.DEERE & CO - CFO RAJESH KALATHUR'S TOTAL COMPENSATION IN 2017 WAS $4.1 MILLION VERSUS $4.1 MILLION IN 2016.  Full Article

Deere & Co Says Dec Retail Sales For U.S. And Canada Ag Combines Were Up More Than Industry‍​
Thursday, 11 Jan 2018 

Jan 10 (Reuters) - Deere & Co ::DEERE & CO SAYS DEC 2017 RETAIL SALES FOR U.S. AND CANADA AG COMBINES WERE UP MORE THAN THE INDUSTRY‍​.DEERE & CO - DECEMBER 2017 RETAIL SALES FOR U.S. AND CANADA SELECTED TURF & UTILITY EQUIPMENT UP SINGLE DIGIT.DEERE & CO SAYS DEC 2017 RETAIL SALES FOR U.S. AND CANADA AG 4WD TRACTORS WERE UP MORE THAN THE INDUSTRY LEVEL‍​.  Full Article

Deere & Co November U.S., Canada Ag Combines Retail Sales Up Single Digit
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Deere & Co -:JOHN DEERE REPORTS NOVEMBER RETAIL SALES ON DECEMBER 11.NOVEMBER U.S. AND CANADA AG COMBINES RETAIL SALES UP SINGLE DIGIT.NOVEMBER EU 28 AG COMBINES RETAIL SALES DOWN DOUBLE DIGITS.NOVEMBER U.S. AND CANADA SELECTED TURF & UTILITY EQUIPMENT RETAIL SALES DOWN SINGLE DIGIT.  Full Article

Deere & Co announces quarterly dividend
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Deere & Co ::MPANY ANNOUNCES QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.60PER SHARE.  Full Article

Deere plans to further drive cost reduction effort in 2018 and beyond
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Deere & Co ::Deere & co says global grain and oil seed stock to use ratios are forecast to remain at elevated but generally unchanged levels in 2017 - conf call‍​.Deere & co says in u.s., canada despite current commodity prices, industry experiencing stronger replacement demand for large equipment - conf call‍​.Deere says in brazil, agriculture production expected to decrease about 4 percent in 2018 in u.s. Dollar terms due mainly to record production in 2017.Deere says fiscal year sales increase forecast is led by the u.s. Market and, to a lesser extent, by the eu 28 - conf call.Deere says fy 2018 forecast sales increase in the u.s. Is due in part to significant growth in sale of small agriculture and turf products.Deere says not anticipating at this point of the year increasing any receivables and or field inventory on large agriculture equipment in u.s.,canada.Deere says seeing some strength in new sales due to fact that dealers have been very successful in getting used inventories more rightsized. - conf call.Deere says do plan to further drive cost reduction effort in 2018 and beyond - conf call.Deere says strength in large agriculture equipment market not coming from improved fundamentals, seeing similar type of receipts,income level y-o-y.Deere says mainly seeing underlying replacement demand in large agriculture equipment market, and we believe that it's very sustainable - conf call.  Full Article

Deere & Co reports Q4 earnings per share of $1.57
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Deere & Co :Deere & Co - net income attributable to Deere & Company was $510.3 million, or $1.57 per share, for the fourth quarter‍​.Deere & Co - 2018 forecast calls for net income of $2.6 billion‍​.Deere & Co - company equipment sales are projected to increase by about 22 percent for fiscal 2018 and by about 38 percent for the first quarter.Deere & Co - worldwide net sales and revenues increased 23 percent, to $8.018 billion, for the fourth quarter‍​.Deere & Co - ‍acquisition of Wirtgen Group, expected to close in December 2017, is forecast to contribute about $3.1 billion in net sales in fiscal 2018​.Deere & Co - net sales and revenues are projected to increase about 19 percent for fiscal 2018.Deere & Co - ‍Agriculture & Turf sales increased 22 percent for quarter.Deere & Co - Wirtgen is expected to contribute about $75 million to operating profit and about $25 million to net income in fiscal 2018.Deere & Co - ‍construction and forestry sales increased 37 percent for quarter​.Deere-Worldwide sales of agriculture,turf equipment forecast to increase about 9 % for 2018, including positive currency-translation effect about 2 %.Deere & Co - Wirtgen is expected to add about 12 percent to Deere’s sales for the full year, about 6 percent for Q1 in comparison with 2017.Deere & Co - Asian sales under agriculture & turf are forecast to be flat for fiscal-year 2018 with strength in india offsetting weakness in China.  Full Article

Deere sees FY 2018 equipment operations capex of about $925 mln‍​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Deere & Co ::Sees FY 2018 total U.S. farm cash receipts of $368.3 billion - conf call slides ‍​.Sees Q1 2018 net sales (equipment operations) up about 38 pct‍​.2017/2018 projection for U.S. farm commodity prices for soybeans is $9.10 per bushel.2017/2018 projection for U.S. farm commodity prices for corn is $3.20 per bushel.Sees FY 2018 equipment operations capex of about $925 million‍​.Sees fiscal 2018 net operating cash flows equipment operations about $3.8 bln‍​.  Full Article

Deere says wins lawsuit in protection of green and yellow colors
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Deere & Co ::Says ‍court ruled in favor of Co in lawsuit filed to protect use of trademark green, yellow color combination on John Deere agricultural equipment​.Says ‍court decision permanently bans use of John Deere colors by Fimco, Inc.  Full Article

Deere & Co sets regular quarterly dividend of $0.60/share
Wednesday, 31 May 2017 

May 31 (Reuters) - Deere & Co :Sets regular quarterly dividend of $0.60 per share.  Full Article

Berkshire Hathaway ups share stake in United Continental Holdings, American Airlines
Wednesday, 15 Feb 2017 

Berkshire Hathaway Inc: Berkshire Hathaway Inc dissolves share stake in Deere & Co - SEC filing . Berkshire Hathaway Inc takes share stake of 166.6 million shares in Sirius XM Holdings Inc . Berkshire Hathaway Inc takes share stake of 43.2 million shares in Southwest Airlines Co . Berkshire Hathaway Inc ups share stake in United Continental Holdings to 29 million shares from 4.5 million shares . Berkshire Hathaway more than doubles share stake in American Airlines Group Inc to 45.5 million shares .Change in holdings are as of Dec 31, 2016 and compared with the previous quarter ended as of Sept 30, 2016.  Full Article

BRIEF-Deere & Co Says CEO Samuel Allen's FY 2017 Total Compensation $16.1 Mln Vs. $18.6 Mln In FY 2016

* DEERE & CO SAYS CEO SAMUEL ALLEN'S FY 2017 TOTAL COMPENSATION $16.1 MILLION VERSUS $18.6 MILLION IN FY 2016 - SEC FILING