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Deere & Co (DE.N)

DE.N on New York Stock Exchange

158.99USD
15 Feb 2019
Change (% chg)

$-3.43 (-2.11%)
Prev Close
$162.42
Open
$160.00
Day's High
$163.38
Day's Low
$157.34
Volume
1,242,231
Avg. Vol
607,808
52-wk High
$175.22
52-wk Low
$128.37

Latest Key Developments (Source: Significant Developments)

Deere & Co - Sees FY2019 Equipment Operations Capex Of About $1150 Million
Friday, 15 Feb 2019 

Feb 15 (Reuters) - Deere & Co ::DEERE & CO - SEES FY 2019 EQUIPMENT OPERATIONS CAPEX OF ABOUT $1150 MILLION.  Full Article

Third Point Dissolves Share Stake In Deere & Co
Saturday, 9 Feb 2019 

Feb 8 (Reuters) - THIRD POINT LLC ::THIRD POINT LLC DISSOLVES SHARE STAKE IN DEERE & CO - SEC FILING.THIRD POINT LLC UPS SHARE STAKE IN CAMPBELL SOUP CO BY ABOUT 16.7 PERCENT TO 21 MILLION SHARES - SEC FILING.THIRD POINT LLC CUTS SHARE STAKE IN MERCK & CO INC BY ABOUT 38.3 PERCENT TO 2.775 MILLION SHARES - SEC FILING.THIRD POINT LLC - CHANGE IN HOLDINGS ARE AS OF DECEMBER 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPTEMBER 30, 2018.  Full Article

Deere & Company Raises Dividend
Wednesday, 5 Dec 2018 

Deere & Co ::MPANY RAISES DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.76PER SHARE.INCREASED COMPANY'S QUARTERLY DIVIDEND TO $.76 PER SHARE ON COMMON STOCK.NEW QUARTERLY RATE REPRESENTS AN ADDITIONAL 7 CENTS PER SHARE OVER PREVIOUS LEVEL.NEW QUARTERLY DIVIDEND REPRESENTS AN INCREASE OF APPROXIMATELY 10 PERCENT.  Full Article

Deere To Realign Leadership Responsibilities
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Deere & Co ::DEERE TO REALIGN LEADERSHIP RESPONSIBILITIES.JEAN GILLES HAS ELECTED TO RETIRE AFTER 38 YEARS OF DISTINGUISHED SERVICE, EFFECTIVE JANUARY 11TH.JIM FIELD, PRESIDENT OF CONSTRUCTION & FORESTRY DIVISION, WILL ASSUME ADDITIONAL RESPONSIBILITY FOR JOHN DEERE POWER SYSTEMS ORGANIZATION.MARY JONES, SENIOR VICE PRESIDENT AND GENERAL COUNSEL, WILL ASSUME RESPONSIBILITY FOR WORLDWIDE PUBLIC AFFAIRS.MARC HOWZE TO ASSUME ADDITIONAL RESPONSIBILITY FOR GLOBAL SUPPLY MANAGEMENT, LOGISTICS, WORLDWIDE PARTS SERVICES, AND AVIATION.  Full Article

Deere Says U.S. Farmer And Dealer Sentiment Remains Cautiously Optimistic
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Deere & Co ::DEERE SAYS IN U.S., BOTH FARMER AND DEALER SENTIMENT REMAIN CAUTIOUSLY OPTIMISTIC - CONF CALL.DEERE SAYS WHILE THERE IS UNCERTAINTY IN SOYBEAN MARKET, THERE IS OPTIMISM AROUND IMPROVED FUNDAMENTALS IN THE CORN, WHEAT AND COTTON MARKETS.DEERE SAYS U.S. AGRICULTURE EQUIPMENT SALES OUTLOOK FOR 2019 IS LARGELY DRIVEN BY REPLACEMENT DEMAND.DEERE SAYS DEALERS IN THE U.S. MIDWEST ARE REPORTING HIGH YIELDS OF THIS FALL'S CROP SHOULD HAVE A POSITIVE IMPACT ON EQUIPMENT DEMAND.DEERE SAYS EXPECT CONTINUED GRADUAL RECOVERY FOR LARGE AGRICULTURE EQUIPMENT IN NORTH AMERICA.DEERE SAYS PRICE REALIZATION IN 2019 TO OFFSET BOTH MATERIAL COST AND FREIGHT INFLATION EXPERIENCED IN 2018 AS WELL AS ADDITIONAL INCREASES EXPECTED IN 2019.DEERE SAYS EXPECT SECTION 301 TARIFFS TO COST THE COMPANY ABOUT $100 MILLION TO $125 MILLION IN 2019.  Full Article

Deere & Co Qtrly Adjusted Earnings Per Share $2.30
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Deere & Co ::QTRLY ADJUSTED EARNINGS PER SHARE $2.30.QTRLY EARNINGS PER SHARE $2.42.EQUIPMENT SALES ARE PROJECTED TO INCREASE BY ABOUT 7 PERCENT FOR FISCAL 2019.QTRLY WORLDWIDE NET SALES AND REVENUES INCREASED 17 PERCENT, TO $9.416 BILLION.NET SALES AND REVENUES ARE EXPECTED TO INCREASE BY ABOUT 7 PERCENT FOR FISCAL 2019.QTRLY AGRICULTURE & TURF SALES ROSE 3 PERCENT.2019 NET INCOME ATTRIBUTABLE TO DEERE & CO FORECAST TO BE ABOUT $3.6 BILLION.QTRLY CONSTRUCTION & FORESTRY SALES INCREASED 65 PERCENT.WORLDWIDE SALES OF AGRICULTURE AND TURF EQUIPMENT ARE FORECAST TO BE UP ABOUT 3 PERCENT FOR FISCAL-YEAR 2019.2019 NET INCOME ATTRIBUTABLE TO DEERE & COMPANY FOR THE FINANCIAL SERVICES OPERATIONS IS PROJECTED TO BE APPROXIMATELY $630 MILLION.WORLDWIDE SALES OF CONSTRUCTION AND FORESTRY EQUIPMENT ARE ANTICIPATED TO BE UP ABOUT 15 PERCENT FOR 2019.FY2019 EARNINGS PER SHARE VIEW $11.64, REVENUE VIEW $36.04 BILLION -- THOMSON REUTERS I/B/E/S.FY AGRICULTURE & TURF INDUSTRY SALES IN EU28 MEMBER NATIONS ARE FORECAST TO BE ABOUT FLAT AS RESULT OF DROUGHT CONDITIONS IN KEY MARKETS.Q4 EARNINGS PER SHARE VIEW $2.45, REVENUE VIEW $8.57 BILLION -- THOMSON REUTERS I/B/E/S."IN FORESTRY, FOR FY 2019 GLOBAL INDUSTRY SALES EXPECTED TO BE UP ABOUT 10 PERCENT AS RESULT OF IMPROVED DEMAND THROUGHOUT WORLD, LED BY U.S.".FOREIGN-CURRENCY RATES ARE EXPECTED TO HAVE UNFAVORABLE TRANSLATION EFFECT ON EQUIPMENT SALES OF ABOUT 2 PERCENT FOR THE YEAR.  Full Article

Deere & Company Sets Regular Quarterly Dividend Of $0.69/Share
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Deere & Co ::DEERE & COMPANY ANNOUNCES QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.69 PER SHARE.  Full Article

Third Point Dissolves Stake In Alphabet, Takes Stake In Visa & Deere
Saturday, 11 Aug 2018 

Aug 10 (Reuters) - :THIRD POINT LLC DISSOLVES SHARE STAKE IN ALPHABET INC.THIRD POINT LLC TAKES SHARE STAKE IN VISA INC OF 1.7 MILLION CLASS A SHARES - SEC FILING.THIRD POINT LLC TAKES SHARE STAKE OF 1.1 MILLION SHARES IN DEERE & CO.THIRD POINT LLC UPS SHARE STAKE IN ELECTRONIC ARTS INC BY 32 PERCENT TO 1.7 MILLION SHARES.THIRD POINT LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Deere To Acquire PLA, A Privately-Held Sprayer And Planter Manufacturer
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Deere & Co ::DEERE TO ACQUIRE SPRAYER AND PLANTER MANUFACTURER.DEERE - SIGNED DEFINITIVE AGREEMENT TO ACQUIRE PLA, A PRIVATELY-HELD MANUFACTURER OF SPRAYERS, PLANTERS, AND SPECIALTY PRODUCTS FOR AGRICULTURE.  Full Article

Deere & Co Says Board Accepted Resignation Of Brian Krzanich From Co's Board On July 6
Tuesday, 10 Jul 2018 

July 9 (Reuters) - Deere & Co ::DEERE & CO SAYS BOARD APPROVED A RESOLUTION DECREASING THE NUMBER OF BOARD SEATS FROM TWELVE TO ELEVEN - SEC FILING.DEERE & CO SAYS RESIGNATION OF BRIAN M. KRZANICH FROM DEERE & COMPANY BOARD OF DIRECTORS WAS ACCEPTED BY BOARD ON JULY 6, 2018.  Full Article

UPDATE 4-Deere's Q1 earnings hurt by higher costs, trade war

CHICAGO, Feb 15 Deere & Co's first-quarter earnings on Friday missed Wall Street's estimates, hurt by higher raw materials and logistics costs as well as by slowing trade between the United States and its partners, particularly China, sending its shares lower.