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Below you'll find a list of all posts that have been tagged as “John Deere”
Deere & Company is raising equipment prices in order to protect profits as costs rise. The farm and construction machinery manufacturer says profits were up 50 percent and equipment sales were up 34 percent annually in its latest quarter. However, a Dow Jones report says those numbers disappointed analysts. Deere’s share rose nearly six percent as investors are focusing on …
The world’s largest maker of agriculture equipment, Deere and Company, is worried that possible trade tensions between the U.S. and other countries could affect its machinery sales. A Bloomberg report says the steel and aluminum tariffs on imports to America will have an impact on the company. But, Deere is much more worried about possible trade retaliation that could target …
Improving farm and construction equipment markets contributed to higher sales and income numbers for the fourth quarter and full year for John Deere. The company’s performance benefitted from advanced products and a flexible cost structure. John Deere’s 2018 income forecast calls for a net income of $2.8 billion. Net income for Deere and Company was just over $510 million, or …
A U.S. District Court in Kentucky ruled in favor of Deere and Company in a trademark lawsuit. The lawsuit was filed by Deere to protect the use of the trademark green and yellow color combination on John Deere agricultural equipment. Following a one-week trial held in June, the court recently announced it had ruled in favor of Deere. The court …
Deere & Company announced it has signed an agreement to acquire the Wirtgen (Vert-gIN )Group, a privately-held international company that is the leading manufacturer worldwide of road construction equipment. The acquisition is valued at $5.2 billion, or 4.35 billion euros, in an all-cash transaction. Headquartered in Germany, the Wirtgen Group has five premium brands across the entire road construction sector …
The U.S. Department of Justice announced this week that John Deere and Monsanto had terminated their attempted sale of Precision Planting, LLC., from Monsanto to John Deere. The department filed suit to block the sale on August 31, 2016, to block the acquisition. The reasoning behind the suit was the Justice Department felt the sale was a merger-to-monopoly in high-speed …
The CEO of Deere and Company told CNBC trade rhetoric by President Donald Trump and prospects of a border tax are “worrisome” for global companies.
A battle is brewing in at least eight states over “right-to-repair” legislation. Tractors have gone high tech and often require software downloads to aid in the repair process.
