Posted in News JD

Deere profit soars despite doubts on Wall Street

A boost in construction equipment sales drove profit higher for Deere in the fourth quarter, but the results fell short of Wall Street expectations and pulled on shares before the opening bell Wednesday. The maker of…

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Posted in News JD

Deere & Company Raises Dividend

The Deere & Company (NYSE: DE) Board of Directors today increased the company’s quarterly dividend to $.76 per share on common stock. The dividend is payable February 1, 2019, to stockholders of record on December 31, 2018. The new quarterly…

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Posted in News JD

Global Agriculture Planting & Seeding Equipment Markets, 2022

The “Global Agriculture Planting and Seeding Equipment Market 2018-2022”  report has been added to ResearchAndMarkets.com’s offering. The agricultural planting and seeding equipment market will register a CAGR of more than 6% by 2022. The increasing popularity of automatic planting…

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John Deere earns six AE50 Awards for latest agricultural innovations

John Deere was presented with six AE50 Awards for outstanding innovations that improve production agriculture. Each year the American Society of Agricultural and Biological Engineers (ASABE) recognizes 50 of the most innovative product-engineering designs in the…

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Car dealer being pursued for millions by Revenue hit with charges after stolen vehicles probe

A car dealer being pursued for millions of euro by the Revenue Commissioners has been charged with forgery, possession of stolen vehicles and criminal damage. John Alex Kane (45) appeared in court on eight charges…

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Posted in News JD

Deere Misses Q3 Earnings Estimate as Trade Uncertainty Clouds Agricultural Unit

Deere  (DE) – Get Report posted weaker-than-expected third-quarter earnings Friday and lowered its full-year sales and profit forecast as trade uncertainty surrounding the agricultural sector continues to hurt the farm equipment maker’s bottom line. Deere said earnings for…

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Posted in Agriculture News JD

Israel’s Rivulus, World’s No. 2 Drip Irrigation Maker, Is on the Block for $500 Million

The company, once owned by John Deere, is being sold by the FIMI private equity fund The Israeli drip-irrigation company Rivulus is being put up for sale by the FIMI private equity fund and could…

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FIMI in Early Talks to Sell Irrigation Company Rivulis

FIMI is looking to sell Rivulis at an EBITDA multiple of 14, meaning between $500 million and $550 million, according to two people familiar with the matter Israel-based private equity firm FIMI Opportunity Funds is…

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The company’s current chief operating officer will take over in November

(Bloomberg)—Deere & Co. is promoting John May to lead the tractor-making giant through a tough agricultural environment, with outgoing CEO Samuel Allen, 66, to stay on as chairman. The Moline-based company is splitting up the…

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Posted in News JD

John Deere’s smart lawn tractor tracks every inch of grass and makes garden chores fun

You may not know this, but you’re being tracked – and not always in a bad way. Cookies in your browser track your web visits and then pop up relevant ads on Facebook. You could…

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