Deere and Company

State News
12:51 pm
Tue November 25, 2014

Deere earnings on Wednesday

Deere and Company is releasing its year-end earnings report Wednesday. Its fiscal year ends in October and results are issued the day before Thanksgiving.

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State News
6:44 am
Wed September 24, 2014

Deere and Co could sell its crop insurance business

Deere and Company might sell its crop insurance business. Tuesday, the company announced it's reviewing what it calls "strategic options" for John Deere Insurance Company, a division of John Deere Financial.

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State News
1:33 pm
Wed May 14, 2014

Deere earnings streak is over

After setting 15 quarterly earnings records in a row, the streak is over for Deere and Company. Wednesday, it reported second quarter profits declined 4% to $981 million. Earnings per share totaled $2.65 compared to $2.76 last year. Worldwide sales dropped nine percent to $9.9 billion from February through April.

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State News
6:55 am
Tue September 10, 2013

John Deere expanding in Brazil

Deere and Company is planning a major expansion in Brazil. Monday the company announced it will spend 40 million dollars to add production of another line of tractors, the 8-R, at its plant in the city of Montengro. 

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Business
2:25 pm
Wed May 15, 2013

Deere and Company posts record earnings

Deere and Company set another earnings record in the second quarter, and it's also an all-time high for any quarter. Deere says net income totaled nearly $1.1 billion for February, March, and April, or $2.76 per share, compared to $2.61 a year ago.  Spokesman Ken Golden says agriculture and turf equipment sales rose 12 percent in the second quarter. But sales of construction and forestry equipment dropped five percent.

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