Deere & Co (DE.N)
16 Sep 2019
Aug 29 Farm equipment maker Deere & Co on Thursday named Chief Operating Officer John May as chief executive officer, effective Nov. 4.
CHICAGO, Aug 16 Deere & Co. on Friday announced a review of costs after a combination of the U.S.-China trade war and bad weather dented its quarterly profits, forcing the company to trim its full-year earnings forecast for a second time in the past three months.
CHICAGO Deere & Co. on Friday cut its earnings forecast and announced a review of costs after quarterly profits yet again missed Wall Street's estimates, hurt by bad weather and the U.S.-China trade war that have depressed sales of its farm machines.
CHICAGO, Aug 16 Deere & Co.'s third-quarter earnings on Friday missed Wall Street's estimates on lower farm equipment sales, prompting the company to revise down its full-year profit and sales growth forecasts.
CHICAGO, Aug 9 When China announced this week that it had stopped buying U.S. agricultural products and might impose additional tariffs on farm shipments from America, Dave Schmidt braced for another blow to his business.
Deere & Co on Friday missed quarterly profit estimates for the fifth-straight quarter and cut its full-year outlook, as an escalating U.S.-China trade war threatens to further hit farm incomes and demand for the company's equipment.
* Trade war causing farmers to delay large machine purchases, says co
May 17 Deere & Co on Friday reported a 6.1% fall in second-quarter profit, hit by higher production costs and lowered its full-year outlook for profit and sales.